Getinge 2022 Annual Report

Getinge 2022 Annual Report Introduction Strategy Corporate Governance Annual Report Sustainability Report Other information Contents Business Ethics & Responsible Leadership BUSINESS ETHICS AND COMPLIANCE (INCLUDING ANTI-CORRUPTION AND COMPLIANCE WITH LEGISLATION) Our Commitment, Management Approach and Policy Commitments (GRI 2-23) Getinge is committed to doing business responsibly and ethically at all times. The company's commitment to promoting and ensuring responsible business conduct extends to the development and implementation of related internal global initiatives and principles, including stipulating the precautionary principle and due dilli- gence, which are communicated and introduced into operational practices via codes of conduct, global policies and directives, and ethics- and integrity-centered programs. Incorporated within the policies are principles related to responsible leadership and ethical business conduct as described below. Externally, Getinge is committed to several global initiatives related to responsible business conduct. Getinge is a signatory on the United Nations (UN) Global Compact and supports the ten principles on human rights, labor, environment, and anti-corruption. The company's commitment extends to working to ensure to have a conflict-free supply chain. Getinge also supports the UN's seventeen (17) Sustainable Development Goals on human rights, labor, environment, and anti-corruption. In this regard, Getinge's 2022 Annual Report identifies and describes those UN Sustainability Goals that best correspond to the company's impact on its business environment (see more on page 160). Additionally, Getinge has been a support- ing member of the Swedish Anti-Corruption Institute since 2022. Internally, Getinge's Code of Conduct (www.getinge.com/code- of-conduct) is centered on Responsible Leadership. The Getinge Code of Conduct sets forth guiding principles for how professional interactions are to be conducted, every day, internally and exter- nally, with customers and business partners. The aim is to enable and inspire all employees to demonstrate responsible leadership and to foster an open and transparent culture. Getinge's Code of Conduct is based on six principles: 1. Always act with honesty, fairness and integrity 2. Stand up and speak up when something isn't right 3. Act respectfully to protect confidentiality, privacy and information 4. Take care of each other 5. Take care of the world 6. Act together to protect all stakeholders Forming the foundation of the Code are fourteen (14) global policies, which are approved by Getinge's Board of Directors, and related global directives. These documents provide additional guidance on specific areas and further emphasize the company's commitment to responsible business conduct. Getinge's policy areas include topics such as Anti-Bribery & Corruption (inclusive of Third Party Engagements and due diligence), Sustainability, and Human Rights, to name a few. Regarding the latter, Getinge's Human Rights Policy outlines the belief that all people should be treated with dignity and respect; and clearly states that the policy is based on the Universal Declaration of Human Rights, the UN Guiding Principles on Business and Human Rights, and the Interna- tional Labor Organization's Declaration on Fundamental Principles and Rights at Work, with application to all employees and business relations acting on behalf of Getinge. The global policies and directives are available in twelve (12) languages and easily accessible to all employees through Getinge's internal communication platform, GetNet. The majority of the policies are publicly available for other stakeholders on Getinge's website. The Global Policy Framework sets forth the principles that apply to all employees in their daily work. In response to the continually evolving regulatory landscape and expectations from stakeholders, Getinge's global policies and directives are reviewed every other year and updated accordingly. Getinge has also developed and maintains a Business Partner Code of Conduct which is an extension of its Code of Conduct and describes the ethical principles and requirements business partners are expected to comply with when doing business with Getinge. Monitoring Third Parties and M&A&D Continuous improvement and reporting Risk assessments Remediation, Disciplinary and Corrective actions Responsible leadership Speak-Up and investigations Training & Communication Implementation Getinge's model for responsible leadership. Embedding policy commitments (GRI 2-24) Governance Organization Policies & Procedures At Getinge, the Global Ethics & Compliance Program is designed to ensure responsible leadership and ethical business conduct is a shared commitment across all levels in the organization. Getinge has established a Sustainability Board with represen- tatives from the company's Executive Team, Business Areas, Business Ethics & Compliance, QRC, Finance and Communications responsible for monitoring current ESG practices, progress, and risks. Each of the company's group functions and production units are responsible for compliance with the Code of Conduct and for the implementation of the sustainability targets in their line organization. They are also responsible for evaluating sustainability related risks in their operations, including but not limited to supplier responsibility, environment, occupational health & safety, anti-bribery & corruption, and labor & diversity. Additionally, Getinge maintains a business partner risk assess- ment program which works with various business teams and functional units to ensure due diligence screenings are conducted 147

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