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4 Code of Conduct PREAMBLE Würth Industrie Service GmbH Co KG hereinafter referred to as WIS attaches great importance to responsible business conduct throughout the entire supply chain and cooperation based on mutual trust with our suppliers advisers brokers commercial agents distributors contractors agents and other suppliers of goods and services to WIS all over the world hereinafter referred to as business partners WIS believes that respecting basic social economic and environmental principles forms the basis of any responsible and sustainable corporate action As such WIS expects its business partners to comply with legal provisions on working conditions health environmental protection fighting corruption and safety at the workplace and to make their employees and subcontractors familiar with the content of this Code of Conduct and with comprehensible formulations WIS expects its business partners – as we expect of ourselves – to comply with the conditions set out below WIS also expects of the signatory companies that every company in the value chain stands by the WIS Code of Conduct in equal measure The signatory company is accountable for this and shall provide evidence to WIS at our request Aserious violation of the principles contained in this Code of Conduct will generally be considered a breach of a fundamental contractual obligation COMPLYING WITH LAWS AND REGULATIONS TAKING INTO ACCOUNT CULTURAL VALUES Behaving in compliance with the law is our highest priority We act prudently and responsibly in accordance with the laws guidelines and accepted behavioural codes of the cultures and countries in which the signatory business partners operate worldwide We expect compliance with and observance of valid laws and regulations Naturally this obligation applies to applicable guidelines as well as recognised operational rules of the cultures and countries around the world in which the signatory business partners and WIS operate WIS expects its business partners – as we expect of ourselves – to set up and maintain a monitoring system to ensure compliance with these laws rules and regulations RESPECT FOR HUMAN DIGNITY In business as in the state and society we see the dignity of human beings as the top priority and treat employees equally regardless of their gender religion background education or age NON-DISCRIMINATION It is WIS policy by conviction to recruit people with different backgrounds and experiences As such WIS expects of our business partners – as we expect of ourselves – to prevent or eliminate discrimination in recruitment employment or access to training opportunities on the basis of ethnic origin skin colour pregnancy religion gender sexual orientation age physical or mental disability state of health political persuasion nationality social or ethnic origin trade union membership or material status OUR CODE OF CONDUCT