Exhibit 11.2  9 The Ethical Corporate Management Best Practice Principles (“Principles”) is enacted to assist Chunghwa  Telecom Co., Ltd. and its affiliated institutions (hereinafter referred to as the “Company”) to establish a corporate  culture of ethical management and sound development.  The applicable scope of the Principles covers the Company’s subsidiaries, any foundation constituted as a  juristic person to which the Company’s direct or indirect accumulated contribution of funds exceeds 50% of the  total funds received, and other institutions or juridical persons which are substantially controlled by the Company  (hereinafter referred to as the “Business Group”).  When engaging in commercial activities, directors, supervisors, managers, employees of the Company or  persons having substantial control over such companies (hereinafter referred to as the “Substantial Controllers”)  shall not directly or indirectly offer, promise to offer, request or accept any improper Benefits, nor commit  unethical acts including breach of ethics, illegal acts, or breach of fiduciary duty (hereinafter referred to as the  “Unethical Conduct”) for purposes of acquiring or maintaining Benefits.  Parties referred to in the preceding paragraph include civil servants, political candidates, political parties  or members of political parties, state-run or private-owned businesses or institutions, and directors, supervisors,  managers, employees or Substantial Controllers or other interested parties of the same.  The “Benefits” mentioned in the Principles means any valuable things, including money, endowments,  commissions, positions, services, preferential treatment or rebates of any type or in any name. Benefits received  or given occasionally in accordance with accepted social customs and that do not adversely affect specific rights  and obligations shall be excluded.  The Company shall comply with the Company Act, Securities and Exchange Act, Business Accounting  Act, Political Donations Act, Anti-Corruption Act, Government Procurement Act, Act on Recusal of Public  Servants Due to Conflicts of Interest, TWSE/GTSM-listing related rules, or other laws or regulations regarding  commercial activities, as the underlying basic premise to facilitate ethical corporate management.  The Company shall abide by the operational philosophies of honesty, transparency and responsibility, base  policies on the principle of good faith and establish good corporate governance and risk control and management  mechanism so as to create an operational environment for sustainable development.  The Company has established the “Guidelines for Prevention of Unethical Conduct of Chung Hwa  Telecom” (hereinafter referred to as the “Prevention Guidelines”) in order to implement the operational  philosophies and policies prescribed in the preceding article. The Prevention Guidelines established in accordance with the previous paragraph shall comply with  relevant laws and regulations of the territory where the Company and its Business Group are operating.  Article 6 (The Prevention Guidelines)  Article 5 (Policy)  Article 4 (Legal compliance)  Article 3 (The type of benefits)  Article 2 (Prohibition of Unethical Conducts)  Article 1 (Purpose of enactment and applicable scope)  Ethical Corporate Management Best Practice Principles  for CHUNGHWA TELECOM CO., LTD.