California Transparency in Supply Chains Act Disclosure

Statement Under the California Transparency in Supply Chains Act of 2010 (SB 657)

Maintaining the highest standard of ethics is Technimark’s corporate policy and has always been an integral part of the Technimark culture. Our reputation for ethical business practices is one of our most valued assets. We build our business based on the core principles of honesty, integrity and loyalty. We also expect our business partners to operate on the same principles. As part of our commitment to global corporate stewardship, Technimark complies with the California Transparency in Supply Chains Act of 2010 (Senate Bill No. 657), which seeks to completely eradicate slavery and human trafficking in the supply chain. This disclosure covers the five major areas identified as below:

Verification: Technimark may conduct on-site social compliance supplier audits or require our suppliers to complete facility self-assessment questionnaires. Certain high-risk suppliers, which are identified based on country location and other risk parameters, may be subject to social compliance audits conducted by an independent third party to evaluate and address risks of human trafficking and slavery.

Auditing: Technimark may conduct on-site audits, either announced or unannounced, to verify that our suppliers do not violate our Technimark Supplier Social Responsibility Policy, including our prohibition on human trafficking and the use of forced labor in any form.

Certification: Critical suppliers may be required to certify that materials incorporated into the product comply with the laws regarding slavery and human trafficking of the country or countries in which they are doing business. New suppliers are required to provide a self-assessment prior to being approved as a supplier. In addition, social responsibility requirements may be included within our contracts with suppliers. Suppliers failing to meet our Supplier Social Responsibility Requirements or failing to comply with the terms of our contracts would be in breach of our agreement.

Internal Accountability: Technimark requires all of its employees, regardless of position, seniority or geographic location, to comply with applicable foreign, federal and state laws, including those relating to the use of forced labor, human trafficking and other prohibited employment and labor practices. Employees that violate these provisions are subject to disciplinary action up to and including termination.

Training: Technimark offers training on the Technimark Supplier Social Responsibility Policy to all employees and management who have direct responsibility for supply chain management. This training addresses, among other things, Technimark’s policies on legal compliance, prohibition on forced labor and human trafficking, prohibition on child labor and worker compensation and working hour limitations.



Technimark Supplier Social Responsibility Policy

Maintaining the highest standard of ethics is Technimark’s corporate policy and has always been an integral part of the Technimark culture. Our reputation for ethical business practices is one of our most valued assets. We build our business based on the core principles of honesty, integrity and loyalty. We also expect our business partners to operate under the same principles.

Our Supplier Social Responsibility Policy sets forth the specific standard of business conduct that we require of our business partners.

1. Compliance With Applicable Laws
Suppliers must comply with all applicable laws and regulations of the jurisdictions in which the suppliers are doing business, including but not limited to those related to labor, immigration, health and safety, the environment and any other applicable U.S. laws. In particular, suppliers will adhere to the laws and regulations of the countries of manufacture and distribution pertaining to product design, manufacture, packaging, labeling, and importation. Commercial invoices and other necessary documentation must be provided in compliance with applicable laws.

2. No Forced Labor
Suppliers must not use forced labor in any form – prison labor, indentured labor, bonded labor or otherwise. Suppliers shall not use slave labor or permit human trafficking at any time.

3. No Child Labor
Suppliers should not employ any persons younger than 15 years of age, or age specified by the local law, whichever age is higher. It is Technimark’s policy that it will not knowingly do business with suppliers that illegally or improperly employ underage workers.

4. Wages and Benefits
Suppliers must compensate all workers with wages, overtime premiums, and benefits that meet or exceed local legal standards, local industry standards, or collective agreements, whichever are higher. Suppliers are encouraged to provide wages and benefits that are sufficient to meet workers’ basic needs and provide some discretionary income for workers and their families.

5. Working Hours
Except in extraordinary business circumstances, workers shall not be required to work (inclusive of overtime) more than the legally prescribed limits. Suppliers shall comply with applicable laws that entitle workers to vacation time, leave periods and holidays.

6. No Harassment and Abuse
Suppliers should treat each employee with respect and dignity and will not subject any employee to any physical, sexual, psychological, verbal, or any other form of harassment or abuse.

7. Non-Discrimination
Suppliers shall protect against unlawful discrimination in hiring, salary, benefits, training, advancement, discipline, termination or retirement based on gender, race, religion, age, disability, sexual orientation, genetic information, nationality, political opinion, social or ethnic origin, or any other applicable prohibited basis.

8. Health, Safety and Environment
Suppliers shall provide a safe and healthy working environment, including any provided residential and/or dining facilities. Suppliers must take reasonable proactive measures to prevent workplace hazards.

Suppliers should, in all respects, comply with local environmental laws and regulations, including all laws related to waste disposal, air emissions, discharges, toxic substances and hazardous waste disposal. Suppliers should take steps to minimize the negative impact their business might have on the environment particularly concerning material selection and the handling and disposal of hazardous material and other waste.

9. Conflicts of Interest
Suppliers must not enter into transactions with Technimark associates that create a conflict of interest.

10. Anti-Corruption
Suppliers must not tolerate, permit, or engage in bribery, corruption, or unethical practices whether in dealings with public officials or individuals in the private sector.

Violations of these Standards can be anonymously reported by contacting Technimark. Click here to send email.