MIKI Policy

Purpose

This policy sets out our commitment to behaving ethically and maintaining the highest standards of integrity in the conduct of our business.

Commitment

The Group is dedicated to acting morally in whatever we do. We are dedicated to ethical, fair, and responsible business operations that preserve the greatest levels of sincerity. To achieve this, we respect the culture and backgrounds of the nations in which we conduct business with and adhere to all legal and regulatory regulations.

We are dedicated to combating all types of bribery and corruption, and we forbid the paying of bribes or the acceptance of gifts or hospitality that could unfairly influence company decisions. We constantly strive to make our anti-bribery procedures and systems better.

We prohibit the payment of donations to political parties or charities to obtain a business advantage.

We protect the integrity of our operations by ensuring decisions are made in the best interests of Miki Middle East and are not influenced by other external interests.

We respect and abide by national and international trade laws, including economic sanctions, anti-boycott provisions and import and export controls.

We compete fairly, respecting the laws and ethical practices of the jurisdictions in which we work.

Adhering to this policy is a condition of employment and breaches will result in disciplinary action.

We acknowledge the significance of our partners, suppliers, and customers to the long-term success, resilience, and sustainability of our company. As a result, we will only collaborate with companies who meet our company codes.

Responsibility

The Chief Executive Officer is responsible for this policy and for its effective implementation.

The Group Ethics and Compliance Coordinator will be the one with the authority and discretion to create the frameworks and processes needed to carry out this policy. The Executive Board will receive performance reports from the Group Ethics and Compliance Coordinator, as well as guidance and advice on matters falling under the jurisdiction of this policy.

Our general managers are in charge of overseeing and evaluating the day-to-day execution of our integrity standards and making sure we uphold them.

It is our shared duty to uphold our standards of integrity, operate ethically, and spread Our Code and its principles.

Approach

Our business partnerships with suppliers, clients, and other stakeholders are founded on the principles of good governance and mutual respect.

We conduct due diligence to assess the risk of bribery and the integrity standards of our clients, suppliers, and other business partners. When unethical business activities are suspected, we will withdraw from contracts; we look for provisions in our contracts that allow us to do this.

As part of our introduction and ongoing training, we are all trained on the Group's Business Integrity policy, Our Code: Delivering with Pride, and supporting procedures.

While giving and receiving presents for business purposes can foster goodwill and strengthen professional bonds, we steer clear of any circumstance that might impede or appear to impede the Group's ability to carry out its responsibilities impartially. We identify and manage actual, potential, and perceived conflicts of interest as soon as they arise.

We encourage colleagues to seek help and advice from line management if they suspect Our Code and values are being breached and provide confidential resources to report concerns when violations occur.

We are committed to making our communications, marketing, and publications factually correct, ethical and fair. We compete vigorously but do not seek to misrepresent our competitors.

 

Abdulrahman Al Asad

General Manager