Anti - Corruption Policy – Version 3 – September 2021 9 Internal You are the decision - maker in the selection process for a new supplier and your uncle is the representative of one of the applicants. You must report this conflict of interests and ask to be replaced in the selection process of the new supplier. It is essential to take decision only in the best interest of the company, based on objective criteria of selection. 2.2.5 Conflict of interests Conflict of interest arises when an employee's personal interest conflicts with those of Schneider Electric, leading to affect his/her judgement in performing his/her work. Situations where potential conflicts of interest arise are: - Being officer or director of any company not belonging to the Schneider Electric Group; - Having directly or indirectly, any financial relationship with any Schneider Electric’s competitor, partner or supplier, unless it is purely for financial in vestment purpose; - Having directly or indirectly any personal relationship with any Schneider Electric’s competitor, partner or supplier, when your job position includes interaction with external parties; - Engaging or having interests (in either case, directly or indirectly) in any other activity, business or employment in a manner that interferes with his/ her job position at Schneider Electric or which may constitute a breach to labor laws; - Having a political mandate which may interfere with his/her job position. Such situations are not illegal per se but must be properly disclosed. You must ensure that: • You comply with internal processes related to disclosure of potential conflict of interest; • You declare to your manager and to your HRBP any potential conflict of interest and refrain from participating in debates and decision - making on the subjects concerned; • You update your declaration in case of any significant changes. 2.2.6 Philanthropy and sponsoring Philanthropy can be defined as social donations and contributions given for a charitable purpose or to support a specific social initiative. A donation or charitable contribution can be in the form of cash, services, development aid support and new or used goods.
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