Celebrating 10 Years at BM&FBOVESPA slide image

Celebrating 10 Years at BM&FBOVESPA

capital SUPPLIER MANAGEMENT RESALE (GFR) G4-2 G4-10 G4-HR5 G4-HR6 • G4-HR10 Resale suppliers are responsible for the products sold in Renner and Youcom stores and are considered the main critical point of the Company's supply chain. On November 11, 2014, Lojas Renner S.A. was notified by the Ministry of Labor and Employment (MTE) on non-compliances related to the use of immigrant labor in its supply chain. The situations identified by the MTE indicated that the Letícia Paniágua Verdugues Sewing Factory, contracted by two of Lojas Renner's resale suppliers, have failed to comply with labor laws. On this occasion, Lojas Renner S.A. stood beside the MTE to ensure compliance with labor laws by its suppliers. The Company, on the same day, November 11, 2014, notified its suppliers for the immediate regularization of their employees' work situation identified by the MTE. From this initiative, the Letícia Paniágua Verdugues Factory met with the MTE, accompanied by the two mentioned suppliers, terminated all employment contracts, made severance payments and released the FGTS of its employees. Lojas Renner's suppliers terminated the contract with the sewing factory - Letícia Paniágua Verdugues - and signed a Conduct Adjustment Agreement with the Public Ministry of Labor, in order to ensure that the employees will be incorporated into its operations and that they will be indemnified at the amounts determined by the MTE. In August 2015, the MTE hold Lojas Renner responsible for the situation described above, characterized as working conditions similar to slavery. Faced with this decision, Lojas Renner began a judicial dispute and obtained an injunction with the Superior Labor Court, in November 2015, which determined that its name would not appear in the MTE's list of companies that have used directly or indirectly labor force in such working conditions. Renner All national suppliers of clothing, accessories and footwear are certified by ABVTEX (Brazilian Association of Textile Retail), which assesses their adherence to good corporate practices regarding social responsibility and the environment. In 2015, the Company achieved the certification by ABVTEX of 100% of its supply chain of clothing, footwear and accessories, totaling 256 certified suppliers (164 sewing and 92 footwear and accessories) and 1,162 certified subcontractors (1,086 sewing and 76 footwear and accessories). RESALE SUPPLIER MANAGEMENT STRUCTURE In order to minimize the risks involved in its supply chain, the Company restructured its resale supplier management (companies with which Renner maintains business relationship of buying/selling products), by dividing the department into two areas: the Resale Supplier Development (GFR) and the Supplier Compliance Management (GCF). The Supplier Development area is composed of a manager and a technical team consisting of one analyst and one assistant, responsible for generating performance indicators and data analysis, and three analysts, responsible for the suppliers training, awareness campaigns and development programs. The Compliance area is composed of a manager, a team of nine external auditors allocated in SP, SC and RS, responsible for conducting audits in this supply chain, two analysts and two internal assistants. The auditor is responsible for auditing (in-person technical visits) and the analysts and assistants program, monitor and support the work performed by the external auditors. In 2015, 3,129 in-person technical and follow-up visits were conducted, 177% higher than number of visits in 2014. Learn more about the relationship process with national resale suppliers below, which is conducted by the Supplier Compliance and Development areas and based on the following pillars: selection, monitoring and control and development. 92 new national resale suppliers - of clothing, accessories, footwear, beauty (Alchemia) and third brands - were registered in the year, of which 100% has been audited by the Company to assess issues such as respect for human rights, labor practices and other aspects related to sustainability. International suppliers are only audited on demand, in cases of complaints on social issues, and, if non-compliances found, the supplier is de-accredited. In 2015, Lojas Renner maintained business relations with 456 63% of the total contracted resale suppliers - those that manufacture products sold in stores - are national suppliers, and 37% are international suppliers, the same level as the previous year. active resale suppliers - Brazilian and foreign-, totaling an expense of R$ 2.4 billion. Conduction of 3,129 in-person technical and follow-up visits. RELATIONSHIP PROCESS WITH NATIONAL RESALE SUPPLIERS: SELECTION 1 SUPPLIERS APPROVAL In 2015, the Supplier Compliance area was made responsible for the Supplier Approval process, making the selection of new partners even more rigid. This change has brought the full implementation of the approval process, which is the preliminary assessment of suppliers and their contractors. To this end, interviews, documentary assessment and technical visits are held prior to the start of a business relationship with a new supplier or its new contractor for the production of Renner's pieces. In this new context, the Approval, which had the average term time of 150 days, was reduced to 80 days. 2 WELCOME The Resale Supplier Development area is responsible for the communication process with the resale suppliers, either through holding events, training and/or corporate communications, seeking to answer questions and guide the suppliers towards Renner's requirements. In this regard, the area has implemented the "Welcome" program in 2015, focusing on the integration of new suppliers to Renner's processes. This program seeks to educate new suppliers about Renner's way of being and acting, contemplating integration with all interface areas during the supply of products. MONITORING AND CONTROL 1 TECHNICAL VISITS The Audit Management process of the Resale Supplier Management was restructured to intensify the monitoring and control of risks regarding social responsibility in the supply chain of resale products, and became the Supplier Compliance Management area. As a way of monitoring the chain, in 2015, the Compliance area elaborated a system of technical visits for the compliance and traceability of orders, which allows a quicker and more effective control of results. These are assessed by the internal team and, if non-compliances are identified, the supplier is required to perform an action plan with pre- established resolution terms. Production license: the License process was managed by the Purchasing Department and is now controlled simultaneously by the Suppliers Compliance Management and the Operations, Planning and Projects (OPP) area, focusing on activities such as communication, training and orientation between Renner and the supplier, concerning the sending, receiving and authorization of Production Licenses. They are also responsible for the verification of certificates regularization during compliance audits, intensifying Renner's production license control. Currently, audits of international suppliers are performed on demand, in cases of allegations of social issues, which are investigated and, if the non-compliances are identified, the supplier is de-accredited. 2 IDGF INDICATOR In 2015, the Resale Supplier Development area restructured the IDGF (Global Development Index Supplier) and began the analyzes segmentation process by production chains. This restructuring involved the areas of interface with the supplier within the Company, seeking greater adherence of the index to its reality. The restructuring of the IDGF indicator included the revision of the social index - in accordance with the evaluation of the Compliance area's technical visits within the chain of each supplier - as well as the addition of the financial index (financial health) as an IDGF's evaluation item. In addition to these changes, the indicator's Logistic and Commercial indexes were also reviewed. All of these changes on the indicator were conducted in 2015, but are now implemented and measured in 2016. DEVELOPMENT 1 RISK MONITORING PROGRAM The Supplier Risk Monitoring Program was developed in 2015, and 30 strategic suppliers were selected to received training, guided technical visits and awareness meetings with the goal of making their internal compliances processes similar to Renner's processes, reducing the frequency of non-compliances found in each supplier's chain. Respect for the legislation: the Supplier Compliance area also strongly acts on training and awareness of resale suppliers of clothing, footwear and accessories in relation to compliance with labor legislation and health and safety at work through guiding events at the Company's administrative headquarters for all resale suppliers and sending of periodic communication materials on the issues. 2 CONTINUOUS IMPROVEMENT PROGRAM (PMC) Lean manufacturing: the Resale Supplier Development area started the Lean Manufacturing intervention process, an initiative for the development of resale suppliers which seeks to raise awareness of front suppliers to issues such as: waste disposal, increasing productivity and reducing lead time in their operations, always focusing on the development of the supplier. In 2015, 35 strategic suppliers participated in this process, with theoretical and practical activities, as well as being assisted in the application of lean tools within their production processes. In the same year, in order to share best practices, successful case studies of these interventions were presented in a workshop with Renner's Key suppliers, and realized a training about the "lean" concept. 77
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