Gifts & Hospitality Policy – External Version 4 regulations , and recipient’s internal rules. prohibited. See Appendix if not forbidden. 2. Legitimate Business Purpose Must have a legitimate business reason , i.e. any purpose that is principally designed to promot e , demonstrat e or expla in products or services . Should benefit only the recipient and not be extended to friends, life partners or family members. - T he team in charge of a client’s project host ing a meeting with a client’s representative to discuss next steps. At the end of the meeting, the team organizes a cocktail reception at SE’s office. - Inviting a customer represen ta tive for a site visit to demonstrate a solution which is present only in this location - paying for an expensive dinner in a fancy restaurant with a customer representative - paying for travel cost for the customer representative and his/her family - invit ing for a site visit in a touristic location to obtain an advantage in a tender 3. Frequency acceptable Should be offered to or received occasionally ( from the same person ) . - T he team offers some goodies and branded pens to the clients participating in an innovation workshop at Schneider. - M eeting with a vendor on a monthly basis for a project update and then inviting him/her for a working lunch T ravelling with customers to a conference and paying for their meal in restaurants for all 7 days of travel . (see principle 4 below for reasonable value) 4. Reasonable in value and nature Never accept /offer a Business C ourtesy that could not be offered /accepted in return because of its value and/or nature. What is reasonable in value and nature : • No c ash or cash equivalent (gift vouchers, shares or anything redeemable to cash) regardless of the amount • No g ifts or e ntertainment valued over 250 EUR (per gift/per person ) • H ospitality Package s with minimum 80% agenda dedicated to business related activities • No u se of personal funds; • No B usiness C ourtesy personally benefiting the recipient; • Any gift in the form of a commitment - Brand materials - A site visit agenda which has 6 hours training/business meeting and 1 hour sightseeing tour TIPS: Schneider’s catalog of SE products that employees can choose from to offer to third parties is available here: https://www.se - branded.com/Index - Adult entertainment, i.e., nightclub - type entertainment wit h an overtly sexual content . - Factory acceptance test travel to a touristic location where the test takes 2 days and other 3 are allocated for pleasure - Commitment to hire a public official’s relative in exchange of a deal