Fundamental Policy on Internal Controls relating to Corporate Governance

As a member of Bosch group, our company will abide by laws, its Articles of Incorporation and Bosch common rules and regulations, increase transparency and efficiency of business, and act based on the spirit of "House of Orientation" commonly applied to all Bosch group in order to fulfill the responsibilities to our customers, suppliers, local society, employees and other stake holders with the target of attaining more social trust and making sustainable growth. The "House of Orientation" consists of "Vision", "Mission", "Bosch Value", "Core Competences" and "Bosch Business System".