PT. Steel Pipe Industry of Indonesia Tbk (“SPINDO”) as one of the producers of stainless steel pipe and stainless steel in Indonesia is an open company, must submit and comply with all applicable laws and regulations, which one is Undang-undang No.40 Tahun 2007 about Limited Liability Companies and other laws relating to the rights and obligations of the company. As a form of accountability to all stakeholders, SPINDO is committed to implementing Good Corporate Governance (GCG) principles based on the Code of Conduct and Work Ethics.