Serba Dinamik Annual Report 2021

Section 6 | Sustainability Statement 220 PRACTICING GOOD GOVERNANCE BUSINESS ETHICS AND GOVERNANCE We are proud of our reputation for fair business dealings. We seek to preserve this hard-won reputation through our code of business ethics. Our code of business ethics is integral to our operations, especially when we deal with external parties. We are vigilant in ensuring that all employees comply with our code of business ethics. Compliance with these principles is also expected from our business partners, suppliers, contractors, consultants, representatives, and other intermediaries. Our firm committed that business is to be conducted in a fair manner is supported by our Anti-corruption & Anti-bribery Policy and No Gift Policy which can be found on our website. In this respect, we have incorporated our business ethics, policies, core values and principles into our Code of Business Conduct. This sets our expectation on standard business practices, behaviour and conduct from our employees in their daily work activities, dealings with internal and external parties. All new employees are issued with our Code of Business Conduct as part of their orientation programme. Any issue pertaining to harassment will be covered by our Work Harassment Policy. We firmly believe that corruption in any form diminishes the quality of business decisions and actions. It leads to non-optimal outcomes that threaten the sustainability of our business. Our Group conducts all businesses in honest and ethical manner. As such, we have zero-tolerance approach to bribery and corruption. We are committed to act professionally, fairly and with integrity in all business relationships and dealings wherever we operate as well as implement and enforce effective systems to counter briberies. To address these risks, our Group has taken several steps including performing regular corruption risk assessment on operations and review findings as well as conducting training programmes for all individuals operating in areas identified as high risk. ANTI-CORRUPTION AND ANTI-BRIBERY POLICY Our Group has adopted a No Gift Policy which prevents employees and directors from receiving any form of gifts, directly or indirectly, from contractors, suppliers, agents and business associates and partners, subject only to certain narrow exceptions. This is to prevent conflicts of interest in the appearance of such in business dealings. We are very much aware that gift giving may be part of business etiquette in certain culture or situations. As such, it is the employees’ responsibility to immediately inform their heads of unit/department/division/company who will then decide whether to approve the acceptance of the gift or require it to be returned. In situations where the gift is perceived as conflicts of interest, it is the responsibility of employees and directors to politely return the gift and to request the external party’s understanding for and adherence to this policy. NO GIFT POLICY Ethical Business Conduct Code of Business Conduct