ANTI-BRIBERY & CORRUPTION The Group has zero tolerance for fraud and corruption, reinforced by our policies and compliance procedures related to anti-bribery and corruption. The Group has dedicated policies on topics such as whistleblowing, corruption, conflicts of interests, gifts and hospitality, and the appointment of intermediaries in our businesses. Read more about our approach to Anti-bribery and Corruption and how it relates to the Group’s commitment to ethical business and regulatory compliance in our Sustainability Report Read more about our approach to Cybersecurity and Data Protection in our Sustainability Report CYBERSECURITY & DATA PROTECTION ST Engineering understands the need for strong cybersecurity and data protection as digital technology and highly connected economies and businesses bring new vulnerabilities from a proliferation of cyber threats. We adopt a holistic approach in managing cybersecurity and data protection risks. We do this by keeping abreast of the threat landscape and business environment, as well as implementing a multi-layered security framework to ensure that there are relevant preventive, detective, and recovery measures. CODE OF BUSINESS CONDUCT & ETHICS ST Engineering’s Code of Business Conduct and Ethics (Code) is developed based on key principles guided by the Group’s Core Values - Integrity, Value Creation, Courage, Commitment and Compassion. This Code forms the foundation of the Group’s commitment to ethical business conduct and regulatory compliance. Read more about our Code and how it relates to the Group’s commitment to ethical business and regulatory compliance in our Sustainability Report Read more about our approach towards Export Control and how it relates to the Group’s commitment to ethical business and regulatory compliance in our Sustainability Report Read more about our approach to Lobbying and Political Contribution, and how it relates to the Group’s commitment to ethical business and regulatory compliance in our Sustainability Report EXPORT CONTROL ST Engineering’s Export Control Policy aims to ensure that all the Group’s exports are kept out of the hands of unauthorised users and are not used for unauthorised purposes. The Group complies with all applicable export control regimes (including trade sanctions and embargoes) governing the export of controlled goods, services, software, technology and/or information in the jurisdictions the Group operates in. This commitment extends to transactions undertaken by any party operating on behalf of the Group. LOBBYING & POLITICAL CONTRIBUTION Political contributions, donations or sponsorships must be approved by Management in accordance with the Group’s approval limits policy and be made with the highest ethical standards and in compliance with all applicable laws of the jurisdictions where the Group operates in. These must not confer a personal benefit, and must not be given to gain a business advantage or to influence a business outcome or an official action. CORPORATE GOVERNANCE REPORT 108 ST ENGINEERING ANNUAL REPORT 2022 Read our 2022 Sustainability Report
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