Code of Business Principles

Wesmo has earned a reputation for conducting its business with integrity and with respect for the interests of those our activities can affect. This reputation is an asset, just as real as our people and products.

Our first priority is to be a successful business and that means investing for growth and balancing short term and long term interests. It also means caring about our customers, employees and shareholders, our business partners and the world in which we live. To succeed requires the highest standards of behaviour from all of us. The general principles contained in this Code set out those standards. More detailed guidance tailored to the needs of different countries and companies will build on these principles as appropriate, but will not include any standards less rigorous than those contained in this Code. We want this Code to be more than a collection of high sounding statements. It must have practical value in our day to day business and each one of us must follow these principles in the spirit as well as the letter …

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ABC Policy

Wesmo Industries Ltd (hereinafter: Wesmo) is committed to sound business conduct with the right balance of integrity, loyalty and critical thinking. Wesmo operates in many different countries and is subject to national and international laws prohibiting bribery and corruption. Therefore Wesmo will not tolerate any form of bribery or corruption. Any breach of this Anti- Bribery and Corruption Policy (hereinafter: ABC Policy) will be regarded as a serious matter. Penalties for bribery and corruption include very high fines and even prison sentences. Furthermore bribery and corruption will cause serious harm and damage to Wesmo’s reputation. Misconduct will therefore be subject to disciplinary actions, up to and including termination of employment. Wesmo may seek criminal prosecution or civil remedies and reimbursement of monetary losses resulting from the violations. This ABC Policy is designed to promote consistent treatment of anti-bribery and corruption at Wesmo. This ABC Policy outlines Wesmo’s aim to support commitment to and ensure compliance with applicable anti-bribery and corruption laws in all jurisdictions in which Wesmo operates. Modification of this Policy on a local level is only allowed in order to comply with local mandatory laws and regulations and should be immediately reported to Wesmo’s Managing Director …

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Code of Conduct

Wesmo’s Code of Conduct summarizes the basic requirements concerning working conditions that must be satisfied by each Factory and/or Supplier for every location. Wesmo reserves the right to change and supplement the Code of Conduct at any time.

Wesmo and Wesmo’s Suppliers shall familiarize their managers with the Code of Conduct and display it, translated in the local language, at each of their facilities in a place readily visible and accessible to the managers. Suppliers of Wesmo are required to provide Wesmo access to every facility to conduct scheduled and unscheduled inspections for the purpose of ensuring compliance with this Code of Conduct. During inspections, Wesmo shall have the right to review all employee related books and files maintained by Supplier and to interview managers and workers …

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