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8 Code of Conduct OUR CODE OF CONDUCT CORRUPTION BRIBERY AND EXTORTION WIS does not tolerate any form of corruption bribery extortion or any other illegal granting of advantages Business partners – like WIS itself – must ensure that no personal subjections or obligations to customers suppliers or business partners arise through bribes backhanders kickback payments or other illegal payments Gifts or invitations may not be accepted or given if they could reasonably be assumed to influence business decisions Agreements or collateral arrangements to agreements based on the exploitation or favouring of individuals during the negotiation procurement delivery settlement or payment of orders are not permitted Any employee who allows themselves to be unfairly influenced by customers or suppliers or tries to unfairly influence them shall be held accountable by way of disciplinary process – regardless of criminal consequences Attempts by suppliers or customers to unfairly influence WIS employees in their decisionmaking must be reported to the relevant head of department It is not allowed to offer give or receive trips or other invitations that have no legitimate business purpose and or could be interpreted as bribery including if the destination in question has no connection to a business site ANTITRUST LAW Our business partners –like WIS itself– commit themselves to fair competition Competitionprotective laws in particular the antitrust law and other competitionregulating legislation must be adhered to without exception Illegal agreements on prices or other terms sales territories or customers as well as a misuse of market power boycotting e g refusing to deliver to a customer contravene WIS policies COMPETITION AND ANTITRUST PROVISIONS We have derived valid codes of conduct for all employees from our corporate and management values These apply as binding regulations across all divisions and departments when dealing with one another and with all stakeholders All these guidelines have to be seen unter the context of Würth Industrie Service complying with the principles of the United Nations Global Compact