Europamundo Compliance Programme

Europamundo conducts its activities and operations in compliance with applicable laws and regulations, and implements internal guidelines, policies and procedures to ensure that these laws and regulations are complied with.

Europamundo identifies, manages and informs its Board of Directors and Management of any risk of criminal non-compliance that must be prevented.

Inappropriate behavior by a single individual in managerial position, employee or personnel performing functions for the Company can potentially damage our image and reputation in a very short space of time. We must therefore actively prevent and avoid this possibility. The purpose of this Policy is to send a strong message of opposition to the commission of any unlawful, criminal or otherwise reprehensible act to Europamundo Personnel, as well as to other interested parties who have dealings with the Company.

The purpose of this Policy is to send a strong message of opposition to the commission of any unlawful, criminal or otherwise reprehensible act to Europamundo Personnel, as well as to other interested parties who have dealings with the Company. Under no circumstances shall the commission of a criminal offence by Staff be justified, even if such action would appear to be of any benefit to Europamundo. Europamundo is also prepared to combat such acts and to prevent any damage to its image and reputation.

This Compliance Policy constitutes the reference framework of the Compliance Model in place at Europamundo, which is known by all Staff and promoted by its Board of Directors.

The main reasons for implementing an effective and efficient Compliance Management System or Programme are:

• Strong business ethics culture: guidance on appropriate and correct behaviour for management and staff.
• Liability and fines: to avoid criminal/civil liabilities and the imposition of penalties and fines on Europamundo.
• Legal claims: to avoid third party claims against Europamundo.
• Reputational risk: to prevent Europamundo's reputation from being damaged, guaranteeing its value.
• Customers: to maintain and secure business with major customers, who require that their suppliers' activities comply with all applicable laws and regulations.
• Supply chain management: to ensure supply chain risk reduction by ensuring responsible and ethical business practices are applied in global supply chains.

A Compliance Management System therefore contributes to guaranteeing and enhancing the value of Europamundo and protecting the management against potential personal liabilities.