4.000 0 2022 2023 2024 6.000 2.000 5,407 Training courses carried out on basic compliance knowledge Special training courses carried out 3,554 3,459 5,323 3,059 2,398 Compliance- Guidelines 2024 1. Code of Conduct 2. Code of Conduct for Business Partners 3. Anti-Corruption Policy 4. Antitrust Directive 5. Sector Exclusion List Compliance means ensuring adherence to laws and internal rules. For Festo, maintaining integrity and responsibility toward people and the environment is fundamental. At all of our locations, we therefore attach great importance to acting ethically and in accordance with the law and regulations. Compliance management system In order to provide safeguards against legal and reputational risks, Festo has set up a compliance management system (CMS) focused on the areas of anti-corruption, anti-fraud, antitrust, and management culture. This is implemented globally and is continuously improved. Our compliance guidelines are a major element of the CMS. The Festo Code of Conduct defines the fundamental requirements for all our employees. The Code of Conduct for Business Partners sets out Festo’s expectations toward our business partners. We also have an Anti-Corruption Guideline which defines rules for dealing with gifts and potential conflicts of interest, and an Antitrust Guideline that sets out conduct in relation to competitors. All employees throughout the world received appropriate training to raise their awareness of these issues in 2024. Moreover, Festo implements a zero-tolerance approach. This means that no infringement goes without an appropriate sanction. Employees and business partners across the world are able to report any misconduct anonymously in our whistleblower portal, without having to fear any negative consequences. Observance and implementation of the CMS processes are the subject of regular audits by the group auditing department. Independently of these internal checks, our CMS has been regularly audited by external auditors since 2015 based on the IDW PS 980 auditing standard. In 2022, the auditor verified the system’s unrestricted suitability and effectiveness. There are no known legal proceedings initiated due to anticompetitive behavior or antitrust or monopolistic practices. Information and training in anti-corruption strategies and measures. Compliance At Festo ESG-Compliance is not simply a project with an expiration date. Our mission extends far beyond merely complying with regulatory requirements. ESG topics at Festo are deeply embedded in decisionmaking pathways and workflows – with a long-term perspective, high impact, and a strong sense of purpose. Jessica Weber, Corporate Sustainability Development at Festo 3. Governance Festo SE & Co. KG Sustainability Report 2024 Festo SE & Co. KG Sustainability Report 2024 54 55
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