LOTTE rental

A company that fulfills its social responsibility for a fair market order

Lotte Rental introduces and operates Fair Trade Compliance Program for transparent and fair transactions throughout the industry

Fair Trade Compliance

In order to establish a transparent and fair corporate trading culture, Lotte Rental selects suppliers with fair evaluation based on criteria and procedures under the principle of fair trade compliance.

Selection of suppliers and business processes

A table with Subcontractor, Non-subcontractor, Remarks

with Subcontractor

Non-subcontractor

Remarks

①Small Business Background check ②mall Business case ③ Checking for Manufacturing commitment & Service Committment ④Manufacturing commitment/Service commitment case move ③-2 ⑤ Confirm compliance with company's contract when selecting a company ②Small Business case ③-1.Intentional omission of a specific company ③-2.Whether the affiliate has been evaluated under favorable conditions ③-3.Whether the firm is forced to provide economic profit In exchange for the selection ⑤ Confirm compliance with company's contract when selecting a compan

Range of Small Business

A table with Category, Employees, Financial Scale
Category	Employees	Financial Scale
Manufacturing	Under 300	Capital of less than 8 billion KRW
Publising/Visualization	Under 300	Revenue of less than 30 billion KRW
Finance/Insurance	Under 200	Revenue of less than 20 billion KRW
Education service industry	Under 100	Revenue of less than 10 billion KRW

Small Business Lookup

SME status information system(http://sminfo.smba.go.kr)
- Possible to view the type of industry, the number of permanent employees, capital, sales

Scope of service during service charging : See attachment PDF View

A table with Bidding, A private contract, Remarks
Bidding	A private contract	Remarks
① Determine the availability of private contract ② Available forprivate contract ③-1.Whether the unit price and the company selection were reviewed by a plurality of companies ③-2.Whether the unilateral price reduction was made for management reasons ② Not available forprivate contract ③-1.Advance price Suitability ③-2.Whether all participants are Noticed about advance price ③-3.Pre-notice of Bidding regulation ③-4.Whether the selected bid condition vendor has been selected ③-5.Whether the minimum bidder has been given priority		Bidding Competition, nominated competition, limited competitive bidding Vendor contract processing standard ① In case of natural disasters, emergency disasters, urgent business promotion or events, etc., ② If you can not compete due to technology, service or specific location structure, quality, performance, efficiency etc. ③ If it is judged to be advantageous to the company's profits or is deemed necessary for marketing activities ④ If necessary for the protection of the company's confidentiality ⑤ In addition, if it is judged to be reasonable by the private contract for the purposes and nature of the contract

A table widht Subcontractor, Non-Subcontractor, Remarks

Subcontractor

Non-Subcontractor

Remarks

① Writing a contract ② Whether standard subcontracting contract is used ③ Archiving written document for 3 years ④④ Inspection is completed within 10 days from the date of notification of completion of contract execution ⑤ In case of breach of contract orunfairness, the result of the inspection shall be notified in writing and required for corrective action.

Written documents for subcontracting transactions

A table width No, Documents, Remarks
No	Documents	Remarks
1	Basic contract	Subcontracting Act Article 3
2	Subcontract Confirmation	Article 3 Clause 6 of the Subcontract Act
3	Reduction Document	Article 11 of the Subcontract Act
4	Technical Data Request	Article 12-3 of the Subcontract Act
5	Certificate of receipt	Article 8 of the Subcontract Act
6	Notice of inspection result	Article 9 of the Subcontract Act
7	Contract Change Notice	Article 16 of the Subcontract Act

A table width Subcontractor, Non-Subcontractor, Remarks
Subcontractor	Non-Subcontractor	Remarks
Make payment from the date of completion of the inspection, within the period permitted by the relevant laws and regulations, → It is possible to delegate the accountingprocess such as the processing of the slip for payment to the purchase quisition department, the ordering department or the acquisition department

Lotte Rental

Compliance
Management

A company that fulfills its social responsibility for a fair market order

Refusal of Unauthorized Collection of Email Addresses

Compliance Management

A company that fulfills its social responsibility for a fair market order

Refusal of Unauthorized Collection of Email Addresses

Compliance
Management