Hospitality and gifts Hospitality is the giving of entertainment and other benefits This includes events, activities, travel and accommodation. Gifts are things received by producers or suppliers such as garments, food or items. This policy does not prohibit the giving or acceptance of reasonable and appropriate hospitality for legitimate purposes, if: ❊ it is appropriate and reasonable under the circumstances ❊ it does not involve cash or cash equivalents ❊ it is not made with the intention of influencing improperly the outcome of business transactions. For gifts it is acceptable with a maximum amount of 30 EUR. Hospitality is difficult to define amount wise, but reasonable restaurant visits and entertainment are acceptable. All hospitality and gifts are registered by the employee in a record for this. Business Relationships This policy will be communicated to our business partners together with our Cooperation Agreement and Code of Conduct. A signed Cooperation Agreement, in a version from 2020 or later, is an accept of our Anti- Corruption Policy from the signing company. It is the responsibility of our business partners to ensure compliance with this policy. All kinds of corruption and bribery are strongly forbidden. Buying agents and suppliers must understand that this kind of activity may result in ❊ immediate termination of the cooperation ❊ information sharing with authorities and organizations ❊ legal proceedings. Sanctions Non-compliance to any of the points in this policy will lead to sanctions or disciplinary actions. No retaliation will be done to a person that informs about non-compliance to our Anti-Corruption Policy. No employee will be penalized or be subject to other adverse consequences for refusing to pay bribes, even if it may have impact on the business of Coze. Breaches of this policy will not be tolerated. 1. Definitions by Transparency Intemational; (the leading international NGO in curbing corruption) htt s://www.trans arenc .or / lossa Risskov, / 2020 Cecilia Winter, CEO Thomas Ryge Mikkelsen Chairman of the Board
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