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Code of Conduct

for Suppliers and Service Providers of Furrer+Frey AG and its Subsidiaries

Introduction

In this Code, Furrer+Frey AG and its foreign subsidiaries define the requirements and principles that apply to their collaboration with suppliers and service providers. In particular, the Code sets out compliance with environmental and social standards and the applicable laws. These are minimum standards that Furrer+Frey AG expects its suppliers and service providers to implement and comply with. Furrer+Frey AG only enters into supply and service relationships with suppliers and service providers that undertake to comply with this Code of Conduct. An obligation to comply applies to all suppliers or service providers with which Furrer+Frey AG has a contractual relationship, even if the contractual partner is not required to confirm such obligation in an additional declaration (Agreement to the Code of Conduct). The contractual partner is made aware of this Code whenever a contractual relationship is established. The Code is also referred to in the General Terms and Conditions of Purchase of Furrer+Frey AG.

Legal compliance

The supplier or service provider respects and complies with all applicable national and international laws, rules, and regulations, as well as the minimum requirements in the countries and regions in which it operates. Furthermore, the supplier or service provider undertakes to comply with all sanctions at the expense of third countries issued in and adopted by Switzerland. This also applies in particular to sanctions imposed by the European Union and the USA or to those subject to a UN resolution. The supplier or service provider shall ensure that it does not procure any products (raw materials, semi-finished products, process materials) or services from intermediaries or via third countries where their origin cannot be proven beyond doubt (certificate of origin) and where there may be reasonable suspicion that the goods or services being procured originate from a state on which sanctions have been imposed (trade sanctions, technology sanctions, financial sanctions, etc.).

Employment law and human rights

The supplier or service provider respects human rights in accordance with the United Nations Universal Declaration of Human Rights (UDHR), the United Nations Guiding Principles on Business and Human Rights, the Ten Principles of the United Nations Global Compact, and the principles of the International Labour Organization (ILO), and is not complicit with human rights violations of any kind.

The supplier or service provider complies with the applicable laws on the protection of child labour and treats its employees with dignity and respect. It does not tolerate any form of abuse, harassment, coercion, or corporal punishment or any form of bullying and/or discrimination. It complies with all applicable regulations on working conditions, maximum working hours, rest periods, breaks, and remuneration. It does not tolerate forced labour of any kind.

The supplier or service provider complies with the applicable laws and regulations for the protection of the health and safety of employees in the workplace and the third parties involved.

Environmental protection

The supplier or service provider complies with all applicable national and international environmental laws and ensures that all necessary environmental permits and registrations are obtained and up to date at all times. The supplier or service provider optimises the consumption of natural resources and reduces environmentally harmful emissions, while also ensuring the sustainable processing and disposal of waste. It optimises logistical processes (e.g. environmentally friendly means of transport) and suggests alternative products and processes with a view to reducing their environmental impact during their life cycle and improving the circular economy.

Ethics

The supplier or service provider complies with the applicable anti-corruption laws, undertaking not to tolerate any form of corruption, bribery, or coercion. The supplier or service provider complies with all applicable competition laws and pursues fair business practices. The supplier or service provider observes national and international intellectual property laws and respects the applicable intellectual property rights of third parties (patents).

Data protection

The supplier or service provider respects the individual’s right to privacy and complies with Switzerland’s applicable data protection laws (Federal Act on Data Protection [FADP] and Ordinance on Data Protection [Data Protection Ordinance, DPO]) and the EU General Data Protection Regulation (EU GDPR). The supplier or service provider treats the personal data of customers and employees in strict confidence and applies appropriate technical and organisational security measures to protect this information from loss or unlawful processing.

Monitoring and corrective action

Furrer+Frey AG may, at any time, require its suppliers or service providers to demonstrate compliance with this Code of Conduct and, if necessary, to take corrective action.

Reporting of non-compliance

Furrer+Frey AG attaches great importance to working in partnership with its suppliers and service providers. In the event of minor violations of this Code of Conduct, the supplier or service provider is therefore generally given the opportunity to take suitable corrective action within a reasonable period of time. In the event of serious violations (criminal acts in particular), Furrer+Frey AG reserves all rights vis-à-vis the respective supplier or service provider.

Last updated: January 2025