To Our Supply Chain:
Maytronics and its subsidiaries (the “Company”) is committed to best practices regarding integrity in business conduct, including in our dealings with our suppliers, contractors and consultants. Our commitment to operate according to ethical standards is an important factor in enabling us to meet our business goals and demands of today's marketplace.
The purpose of this Code is to facilitate our suppliers’, subcontractors’ and consultants’ (collectively "Supply Chain") commitment to ethical and compliant business conduct.
In addition to the specific provisions of this Code of Conduct (the “Code”) and to any other Company policies, procedures or contractual obligations we may ask you to follow, we expect members of our Supply Chain to conduct their business activities ethically and in compliance with all applicable laws and regulations. This Code is intended to promote a culture that complies with not only the letter, but also the spirit, of all applicable laws, rules and regulations and related Company’s policies and procedures.
Conducting Your Business
The Company’s reputation is based on delivering systems and products that create value. In order to maintain this reputation, we strive for excellence in all that we do, including conducting ourselves according to leading ethical standards. We expect our Supply Chain to follow similar standards.
You should refer to this Code's principles when ethical and compliance issues arise. Each of the principles in this Code is fundamental to how we do business.
The Company relies on our Supply Chain to choose sub-tier subcontractors and suppliers that also share the values included in the Code. It is imperative that everyone working on your behalf for us conducts business in the manner prescribed by the Code.
By entering into any subcontract, consultancy or purchase order with the Company, you are committing to conduct your activities in a manner consistent with this Code. Accordingly, all of your business activities relating to work with the Company must be performed in a manner that is fair, ethical and compliant with this Code and applicable laws and regulations.
While the Code contains standards to be followed, no one document can cover all situations. If, for whatever reasons, following the Code would conflict with a legal requirement, you must comply with the law.
Thank you for doing your part in helping us maintain a leading standard of business integrity.
Last Updated: October, 2019