Code of ethics

PT Aspirasi Hidup Indonesia Tbk has adopted the GCG practice with consistent implementation. Since its establishment, GCG has been the standard guideline in business management, based on ETAK principle: Ethical Behavior, Transparency, Accountability and Sustainability.

The implementation of GCG principles in the company's environment can be outlined as follows:

1. Ethical Behavior

The company places a high priority on integrity, treats all stakeholders with respect, fulfills its obligations, and consistently upholds ethical values and trustworthiness. It carefully considers the interests of shareholders and other stakeholders in accordance with the principles of fairness and equality, and is governed independently to prevent any dominance among corporate bodies or external interference in its operations.

2. Transparency

To uphold objectivity in its business operations, the company ensures the provision of material and relevant information that is readily accessible and clearly understandable to stakeholders. The company proactively discloses not only information mandated by regulations but also other significant matters that may influence the decision-making of shareholders, creditors, and other stakeholders.

3. Accountability

The company is capable of demonstrating its performance in a transparent and equitable manner, and therefore must be managed properly, with measurable outcomes, and in alignment with the company's objectives, while also taking into account the interests of shareholders and other stakeholders. Accountability is essential to achieving sustainable performance.

4. Sustainability

The Company owns the brand “Pendopo,” which curates local products including traditional foods and beverages through collaborations with over 250 SMEs across Indonesia. This program represents one of several initiatives that address economic, social, and environmental aspects. Additional details are available in the Social and Environmental Responsibility section of this Annual Report and in the Sustainability Report.