Policy Against Human Trafficking and Modern Slavery

This page has been automatically translated from German. For accuracy and official reference, please refer to the original German version. We do not guarantee the correctness or completeness of the translation.

At Veegaz, we are committed to upholding the highest standards of ethical conduct and respect for human rights in our business operations and supply chains. This policy describes our commitment to preventing modern slavery and human trafficking in all areas of our business.

Scope

This policy applies to all employees, contractors, suppliers, and business partners associated with Veegaz, both domestically and internationally. It covers all areas of our business, including procurement, production, distribution, and partnerships, and extends to our supply chains — from the sourcing of raw materials to the delivery of the finished product.

Responsibilities

Management:

  • Management is responsible for establishing a culture of zero tolerance toward modern slavery and human trafficking within the company.
  • Management must ensure that appropriate policies, procedures, and training programs are in place to identify, prevent, and address cases of modern slavery.
  • Management shall provide leadership and resources to support the implementation of this policy and to promote transparency and accountability throughout the company.

Procurement and Supply Chain:

  • The procurement and supply chain teams are responsible for conducting due diligence on suppliers and business partners to assess their compliance with laws and standards against slavery and human trafficking.
  • They must incorporate contractual provisions and supplier codes of conduct that prohibit modern slavery and require suppliers to comply with ethical labor practices.
  • The procurement and supply chain teams shall work with suppliers to address identified cases of modern slavery within the supply chain and support remedial measures.

Employees:

  • All employees are responsible for familiarizing themselves with this policy and understanding their role in preventing modern slavery within the company and its supply chains.
  • They must promptly report any concerns or suspicions regarding modern slavery to management or the designated compliance officer.
  • Employees shall participate in training and awareness programs to recognize the signs of modern slavery and understand their responsibility in upholding ethical labor practices.

Policy Principles

Zero Tolerance: Veegaz pursues a zero-tolerance policy toward modern slavery and human trafficking in any form. We will not knowingly conduct or support any activities involving modern slavery, forced labor, or human trafficking.

Due Diligence: We are committed to conducting due diligence on our business operations and supply chains to identify and address risks of modern slavery. This includes assessing the labor practices of suppliers, subcontractors, and business partners, as well as taking appropriate risk mitigation measures.

Transparency and Accountability: We maintain transparency in our business operations and supply chains regarding our efforts to prevent modern slavery. We hold ourselves and our suppliers accountable for complying with ethical labor practices and relevant laws and standards.

Continuous Improvement: We are committed to continuously improving our policies, procedures, and practices for preventing modern slavery. We regularly review and update this policy to ensure its effectiveness and alignment with legal requirements and international best practices.

Reporting and Compliance

Any case of modern slavery or human trafficking identified within Veegaz or its supply chains must be reported immediately to management, the designated compliance officer, or by email to [email protected]. Reports are investigated promptly, and appropriate remedial measures are taken in accordance with applicable laws and regulations.

Training and Awareness

Veegaz provides employees, contractors, and suppliers with training and awareness programs to educate them about modern slavery, its signs and indicators, and their responsibility in preventing it. Training is conducted regularly to ensure that all relevant stakeholders have the knowledge and tools to effectively combat modern slavery.

Review and Update

This policy is reviewed regularly to ensure its effectiveness and compliance with legal requirements and international standards. Updates may be made as needed to reflect changes in laws, regulations, or best practices related to modern slavery and human trafficking.

Last updated on June 29, 2026