Supplier Code

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Scope

Our Supplier Code of Conduct (this “Supplier Code”) publicly sets out the minimum standards of conduct expected from all Suppliers wishing to do business with, or on behalf of, Coztrix and its subsidiaries. This Supplier Code should be read in conjunction with Coztrix’s Code of Conduct, which applies to all our employees, partners and Suppliers when they are working with us or on our behalf. We define ‘Suppliers’ as a business or individual that provides goods or services to Coztrix
and its subsidiaries under terms specified in a contract.

We seek to build mutually beneficial working relationships and partnerships with our Suppliers and will show preference for those Suppliers who are able to demonstrate alignment with the standards contained in this Supplier Code.

Suppliers shall comply with their contract terms and the laws, rules and regulations of the jurisdictions where they do business with, or on behalf of, Coztrix. These include, but are not limited to, labour and tax laws, laws addressing bribery and corruption, and laws addressing the preservation of health, safety and the environment.

Suppliers, and all sub-contractors working on their behalf, are expected to review and fully understand the content of this Supplier Code and to comply with all provisions specified in their contracts including provisions, which relate to the content of this Supplier Code.

Business integrity and ethics

Our Supplier contract provisions are consistent with the requirements of the New Zealand’s anti-bribery laws and also any applicable ‘long-arm’ laws, principally those of the United States Foreign Corrupt Practices Act 1977 (U.S FCPA) and the United Kingdom Bribery Act 2010 (U.K Bribery Act).These prohibit the provision or offering of anything of value to government officials, representatives, political parties or third parties for the purpose of influencing any act or decision in violation of the recipient’s lawful duty or securing or attempting to secure an improper legal or commercial advantage. They also require the operation of effective controls and the maintenance of accurate books and records.

As outlined in Coztrix’s Code of Conduct and contract provisions, we also require that Suppliers: avoid conflicts of interest, maintain confidentiality, respect Coztrix’s intellectual property rights, and keep truthful and accurate records (which may be required for auditing purposes).

Environmental management

Coztrix seeks to avoid, minimize, mitigate, and/or remediate negative impacts on the environment and proactively manage risks. As detailed in our Supplier contracts, Suppliers shall conduct activities in an environmentally responsible manner, including meeting all legal requirements in countries where they operate. Our Supplier contracts require that Suppliers conduct business in accordance with applicable Environmental Standards.

Health & Safety

The well-being of people is Coztrix’s top priority, and the right to life and right to healthy and safe working conditions are among our most salient human rights. Our goal is zero harm – defined as a workplace free from injuries and illnesses and measured by zero fatalities. Our Supplier contracts require that Suppliers comply with all workplace policies, standards and procedures related to health and safety.

Human Rights & Labour

Coztrix is committed to implementing the human rights and labour principles of the United Nations Global Compact through its operations and supply chain. Accordingly, we require our suppliers to respect internationally proclaimed human rights and make sure that they are not complicit in human rights abuses; respect the labour rights of their employees, including freedom of association and the right to collective bargaining; prohibit all forms of forced and compulsory labour; not engage in child labour; and not discriminate in employment and occupation. These fundamental human rights are to be respected both within their own and within their affiliates’ operations and supply chains

Our Supplier contracts include human rights clauses around: respecting human rights consistent with the Universal Declaration of Human Rights, disclosure of human rights violations, and alerting Coztrix to any human rights issues Suppliers become aware of within their own or their affiliates operations or the operations of their own or their affiliates’ supply chains.

Suppliers are expected to ensure timely payments of salary and benefits to any employees, sub-contractors and sub-suppliers. Suppliers should limit hours of work (including overtime) to provide for adequate rest periods for workers in line with international standards. Workers should be allowed to resign with no penalty after a reasonable notice period. Suppliers should seek to address any complaints or grievances within their supply chain expeditiously (and within a maximum of 30 days).

Social Responsibility

Coztrix commits to establishing and maintaining relationships based on inclusion, transparency, and integrity with all stakeholders, particularly those potentially affected by our activities. We expect the same commitment from our Suppliers. We expect our Suppliers to assess the potential impact of their proposed work and ensure those measures are appropriately budgeted. We also expect Suppliers to close complaints in a timely manner. We also expect our Suppliers to identify opportunities that incorporate local procurement and employment and, to the extent involving work conducted for or on behalf of Coztrix and its subsidiaries.