HinopakMotorsLimited

Contents

Vision / Mission Statement / Corporate Strategy

2

Basic Principles of Hinopak Code of Conduct

3

Company Information

4

Board of Directors

5

Board Committees

7

Functional Committees

8

Chairman's Review

9

Directors' Report

11

Financial Highlights

17

Statement of Compliance

21

Review Report on Statement of Compliance

24

Financial Statements

26

Pattern of Shareholding

74

Notice of Annual General Meeting

76

Proxy Form

80

AnnualReport2022

Vision

The vision of Hinopak Motors Limited is to provide the society with safe, economical, comfortable and environment friendly means of transportation by manufacturing and supplying commercial vehicles and services.

Mission Statement /

Corporate Strategy

To Pursue Our Vision, We Commit Ourselves:

  • To our individual, institutional and international customers: to deliver high quality, safe, durable, reliable, comfortable, environment friendly and economical products and services to their total satisfaction;
  • To our employees: to foster corporate culture of mutual trust, respect for fundamental human rights at work, opportunities for professional growth and personal welfare so that they are proud of being a member of the "Hinopak Family";
  • To the community and our nation: to contribute to economic and social development by providing means of transportation and by progressive localization of the vehicles; and
  • To the shareholders: to act in compliance with the norms expected of a subsidiary of the Toyota Group of Companies and make a meaningful financial return to the shareholders.

2

HinopakMotorsLimited

Basic Principles of Hinopak

Code of Conduct

  1. We develop and provide outstanding products and services that fulfill the demands of customers with sucient attention given to safety and the environment and we aim to be an enterprise which has a significant presence in the commercial vehicle market.
  2. We undertake open and fair corporate activities in conformity with the spirit and letter of laws. We maintain sound and transparent relationships with governmental and administrative entities.
  3. We build and maintain good communications with society as well as our stakeholders, and we are committed to accurate and timely disclosure of information.
  4. We recognize that an environmental preservation activity is an integral part of our business, and we voluntarily and actively promote and engage in environmental preservation activities as an indispensable condition for Hinopak's corporate existence and activities.
  5. We recognize the inherent dignity and fundamental human rights of all members of the Hino family and therefore respect and support the practice of human rights.
  6. We actively promote and engage in philanthropic activities as a member of Hino Motors Ltd. and the Toyota Group, and as a good corporate citizen.
  7. We respect the right of workers at the workplace and their right of freedom of association and the right to organize and bargain collectively. We believe in transparency, mutual trust and respect for each other's rights and obligations and need for bilateral dialogue and cooperation between employees and management for achieving decent work with safe and healthy work environment, growth and excellence in business performance.
  8. We take a resolute stand against antisocial power and organizations, and we act in compliance with ethical standards and sound social values.
  9. We respect and abide the law of the land and applicable rules and the diversity of customs and culture and we contribute to development in the communities through our business activities.
  10. We support the principles of Global Compact and expect our employees to embrace them in the work culture of our enterprise for sustainable growth and development.
  11. We pledge to comply and enforce the basic principles of Hinopak's Code of Conduct and prevent its violation through the mechanism already in place from enforcing discipline, Company wide. Any member of Hinopak family observing any violation or abuse of this code of conduct may bring the same to the notice of the Management Committee or the Audit Committee in writing directly or through the suggestion boxes for necessary consideration and action.

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Disclaimer

Hinopak Motors Ltd. published this content on 07 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 July 2022 05:03:00 UTC.