Our Core Principles of Sustainable Procurement – Staycold Export Ltd.

We expect our suppliers to conduct their relationship with us and any of our clients, partners and other suppliers on a fair and ethical basis and in compliance with our core principles of sustainability. These principles apply to both suppliers' activities and, where appropriate, to their downstream supply chain.

Our core principles

1. Human rights

Respect for human rights in dealing with supplier stakeholders at large (i.e. team members, clients, suppliers, shareholders and communities). Suppliers should support the principles of the Universal Declaration of Human Rights. They must avoid association with equipment that is used in the violation of these rights, such as instruments of torture, or the manufacture or transfer of armaments to oppressive regimes.

2. Compliance with applicable international, national, state and local laws

We recognise that local customs, traditions and practices may differ, but expect as a minimum that suppliers comply with local, national and international laws, including (but not limited to) all environmental, health and safety, and labour laws. We expect suppliers to support International Labour Organisation core conventions on labour standards.

3. Forced or compulsory labour

Our suppliers must not use forced, bonded or compulsory labour and employees must be free to leave their employment after reasonable notice. Employees must not be required to lodge deposits, money or papers with their employer.

4. Child labour

We refuse to accept the use of child labour in the supply chain.

• No one should be employed who is below the legal minimum age for employment
• Children (below the age of 18) must not be employed for any hazardous work or work that is inconsistent with their personal development

5. Equality and diversity

We refuse to accept unlawful discrimination of any kind in working relations and we expect diversity to be promoted. Suppliers should not discriminate in hiring, compensation, access to training, promotion, and termination of employment or retirement.

6. Employee wellbeing and development

Where applicable, suppliers should give consideration to flexible working conditions to promote work/life balance, the promotion of training and personal development of team members.

7. Disciplinary practices

Employees must be treated with respect and dignity. Physical or verbal abuse or other harassment and any threats or other forms of intimidation are prohibited.

8. Freedom of association

As far as relevant laws allow, respect should be given for freedom of association.

9. Health and Safety

A healthy and safe working environment must be provided for all employees, in accordance with international standards and laws. This includes making sure that adequate facilities, training and access to safety information are provided. All applicable policies, procedures and guidelines must be adhered to. Where suppliers work on Staycold’s premises, or on behalf of Staycold, for example in the use, handling, transport or disposal of hazardous materials, or the disposal of electronic equipment, they must confirm that they understand their obligations. They must also confirm that they have management processes and controls in place, and where applicable, agree to be fully responsible for any liability resulting from their actions.

10. Confidentiality and intellectual property

We require our suppliers, contractors and their team members to maintain confidentiality with regard to all information they have access to, in accordance with applicable laws. We also expect them to protect all intellectual property belonging to Staycold, our customers, other suppliers and individuals.

11. Refusal of bribery and corruption in business practices

Staycold does not tolerate, permit or engage in bribery or unethical behaviour in any aspect of our business, anywhere in the world. As with our other core principles, we do not do business with anyone who does not comply with our standards of ethical behaviour. The details of our ethical and anti-bribery policy can be provided on request.

12. Environmental impacts

We are continuing to put processes in place to understand our environmental impacts and risks. We are working to reduce these impacts and promote environmentally-friendly policies. Areas covered include:

• Waste and disposal
• Improved efficiency for using finite or scarce resources such as energy, water and raw materials
• Protecting biodiversity
• CO₂, methane and other gases, as well as other relevant factors impacting climate change
• Environmental impacts such as noise, water and ground pollution
• Management, operational and technical controls to minimise the release of harmful emissions into the environment