At BAIMANN GmbH, we are committed to conducting our business operations in a socially and environmentally responsible manner. We believe that integrating sustainability practices into our day-to-day operations is essential for the long-term success of our company and the well-being of our stakeholders. This policy outlines our commitment to corporate sustainability and social responsibility.

1. Compliance with Laws and Regulations

We are dedicated to complying with all applicable laws, regulations, and industry standards pertaining to sustainability and social responsibility. We will monitor and ensure compliance with these requirements at all levels of our organization.

3. Declaration on the Minimum Wage Act (MiLoG)

We confirm that we observe the Minimum Wage Act (MiLoG) in its current version and, in particular, that the remuneration we pay to our employees employed on the territory of the Federal Republic of Germany equals at least the currently valid minimum hourly rate. We furthermore expressly assure that no further deductions will be made from the wages of our employees.

4. Social Impact and Human Rights

We value and respect the rights of our employees, customers, suppliers, and the communities in which we operate. To uphold these principles:

• We will provide a safe and healthy working environment for our employees, ensuring compliance with occupational health and safety regulations.
• We will promote diversity, equal opportunity, and inclusion within our workforce, fostering a culture that celebrates differences and treats everyone with fairness and respect.
• We will respect and support internationally recognized human rights, including the elimination of child labor and forced labor, throughout our supply chain.
• We will engage in fair and ethical business practices, promoting transparency, integrity, and accountability in all our interactions.

5. Stakeholder Engagement

We will actively engage with our stakeholders, including employees, customers, investors, suppliers, and the local communities, to incorporate their feedback and expectations into our sustainability efforts. By fostering effective communication channels and collaboration, we aim to build trust and strengthen our relationships.

6. Continuous Improvement

We are committed to continuously improving our sustainability performance and evolving our practices. To achieve this:

• We will set specific environmental and social responsibility goals and regularly measure our progress towards achieving them.
• We will invest in research and development to identify innovative solutions that drive sustainability, efficiency, and responsible business practices.
• We will regularly review and update our policies and practices to reflect evolving sustainability standards and stakeholder expectations.

7. Reporting and Transparency

We are committed to maintaining transparency and accountability in our sustainability efforts. We will regularly communicate our sustainability performance and initiatives to our stakeholders through publicly available reports and channels.

Conclusion

This Corporate Sustainability and Social Responsibility Policy reflects our commitment to responsible business practices and creating long-term value for our stakeholders. By upholding these principles, we strive to make a positive impact on society and contribute to a sustainable future.