Approved by the Board of Directors of Rand S.r.l. on October 9th, 2013 Rev. 1

Rand S.r.l. | CODE OF ETHICS

Rand S.r.l. | CODE OF ETHICS FOREWORD The present code of ethics encloses the values, behavioral norms and principles of business deontology that Rand S.r.l. acknowledges as its own, in accordance to which the business decision making processes are oriented, in the pursuit of the business purpose. The present code of ethics forms an integral part of the Organization, Management and Control Model adopted by RanD. The conduct norms here stated, around which the work of RanD is constantly and daily shaped, contribute to execute also RanD S.r.l. social responsibility policy, in full respect of fundamental...

Rand S.r.l. | CODE OF ETHICS standards, by a production distinguished by the respect of the environment and the health and safety of its workers, as well as by the will to integrate the concepts of quality, work efficiency and occupational safety, still in the respect of the environment. 2. OUR MISSION RanD S.r.l. Mission is to provide the patients with high-technology products that contribute in a significant manner to improve their health, following a path of technological innovation, based on the awareness of respect of the ethical and conduct principles stated in the present code. 3. AREA...

Rand S.r.l. | CODE OF ETHICS location, in Italy as well as abroad, and also for all those external to RanD but working directly or indirectly for RanD itself (e.g.: collaborators, selfemployed workers, agents, consultants, auditing firms, customers, suppliers or any third party having or not contractual relationships with RanD S.r.l.), thus also for third parties. The present code represents also a fundamental element of the Organization, Management and Control Model adopted by RanD in accordance and for the purposes of the Legislative Decree 231/01 with specific approval of the Board of Directors...

Rand S.r.l. | CODE OF ETHICS 4. REFERENCE ETHICAL PRINCIPLES With the adoption of the code of ethics, RanD commits to respect, in all its activities, the international, community, national and regional laws and regulations in force in Italy. In the respect of the legality principle above stated and in RanD belief that, besides the technical-professional expertise, it is fundamental for the addressees to be aware of their ethical responsibilities, RanD commits to conform its own activities to the following principles:  Honesty: in the relationships with the customers, the suppliers and third...

Rand S.r.l. | CODE OF ETHICS Confidentiality: RanD assures the confidentiality of the owned information and their handling in accordance with what provided by the Consolidated Text on Privacy and by the "Safety Programmatic Document" adopted by RanD. Quality: Every employee has the responsibility to ensure that the highest quality standards are maintained for the products and services supplied by RanD. Disregarding RanD procedures and quality policy can lead to the application of disciplinary measures by regulatory agencies towards our plants and our products. But what is most important is that...

Rand S.r.l. | CODE OF ETHICS 6. RELATIONSHIPS WITH THE CUSTOMERS. Rand S.r.l. adopts behavioral norms aiming at good quality relationships with customers and suppliers, in order to improve cooperation and maintain high professional standards. In particular, regarding the relationships with the customers, all addressees of the present code of ethics shall: - execute their tasks according to the principles of efficiency, expertise, professionalism, transparency, availability, alacrity and accuracy, in view of the fulfillment of the customer's needs and expectations; supply exhaustive and truthful...

Rand S.r.l. | CODE OF ETHICS 7. RELATIONSHIPS WITH THE SUPPLIERS. The behavioral norms indicated in the previous paragraph shall be applied also when dealing with the suppliers, towards which every addressee of the code of ethics shall: - set behaviors driven by honesty and transparency; adopt, in the supplier selection, homogeneous evaluation criteria, ensuring equal opportunities and dignity; in particular, during the selection phase, objective parameters shall be implemented, such as: business processing and delivery timeliness; - maintain the relationships already funded, also through a constant...

Rand S.r.l. | CODE OF ETHICS as defined in the paragraph "Reference ethical principles". The above-mentioned subjects, during the execution of the charges assigned to them, shall act in the sole interest of RanD, abstaining from any behavior in which a conflict of interest might be seen, or that might constitute the grounds for a crime or other offences. In the subcontract, operational or supply relationships, besides all the criteria and the principles stated, for customers as well as suppliers, all the addressees shall also: - verify that the subcontractor or the self-employed worker has the...

Rand S.r.l. | CODE OF ETHICS Each addressee shall respect the principles stated in the present code of ethics in every circumstance in which they, in any capacity, hold a relationship with the mass-media or use them to issue a statement that might, even only potentially, have a consequence for RanD image. 9. RELATIONSHIPS WITH THE EMPLOYEES 9.1 general principles. Every employee and collaborator shall act fairly and in good faith respecting the obligations endorsed in the employment contract or in the charge undertaken and ensuring an active and intense cooperation, according to RanD guidelines,...

Rand S.r.l. | CODE OF ETHICS necessary time to the diligent execution of their duties, also considering the number of administrator or statutory auditor positions already held in other societies. The personnel shall know and execute what planned by RanD in terms of environmental conservation, working safety and hygiene and confidentiality safeguard, in relation to his/her function and/or responsibility level. 9.2 Recruitment RanD aligns its processes of recruitment and acquisition of personnel to the principles and values stated in the code of ethics according to comparative criteria based on...