At a Glance Create • Rolled out anti-trust policy campaign • Launched Company Policy Portal • Revised Fair Competition Policy and related guidelines Trust • Revised internal Compliance Management Reporting BUSINESS ETHICS Our approach to business ethics is driven by integrity, Organizational anchoring Compliance Management System a core company value of our caring and performance- driven culture. We not only aim to meet existing Our group has a compliance department headed by the The CCO is responsible for our Group-wide legal requirements, but also want to make a visible Chief Compliance Of昀椀cer (CCO). The CCO has overall Compliance Management System (CMS), statement for responsible corporate governance. We responsibility for compliance management and reports which is based on ISO 37301, ISO 37001 and the have set this ambitious goal realizing that corporate to the General Counsel, who reports to the CEO. In IDW PS 980 audit standard. It also encompasses attitudes and behavior cannot be changed in the short addition, the CCO is in direct contact with the Board of our health, safety and environment topics related term. This involves constantly improving our internal Directors’ Audit Committee. to ISO 14001 and 45001. The CMS applies to all organization, regularly questioning existing systems Group companies, addressing all formal compliance and making changes as required. The CCO’s responsibilities include monitoring and objectives as well as the resolutions of both the assessing compliance risks in the context of Group- Board of Directors and the Executive Board. It wide risk management, which is updated annually includes policies, guidelines, regulations, processes, together with the internal Group audit. organizational structures, roles and responsibilities, as well as information on planning and implementing Information on our Corporate Governance can be compliance measures. found in our 2023 Financial Report. Financial Report: p. 81