Code of Ethics of MASDEU GROUP.

Introduction

At MASDEU GROUP we are committed to maintaining the highest ethical standards in all our operations and business relationships. This Code of Ethics reflects our core values and sets out the expectations of conduct for all employees, managers and collaborators of our company. We strive to be a benchmark in the food industry, not only for the quality of our products, but also for our integrity and social and environmental responsibility.

1. Food Safety

1.1 We are committed to ensuring the highest safety and quality of our food products at all stages of production, from the procurement of raw materials to final distribution.

1.2 We strictly comply with all applicable food safety regulations and standards and strive to exceed these requirements wherever possible.

1.3 We maintain a complete and transparent traceability system for all our products.

1.4 We conduct regular internal audits and participate in external certifications to ensure continued compliance with food safety standards.

1.5 We foster a culture of food safety throughout the organization through continuous training programs for all employees.

2. Non-Discrimination and Equal Opportunities

2.1 We prohibit any form of discrimination based on gender, race, age, ethnicity, nationality, religion, sexual orientation, disability or any other characteristic protected by law.

2.2 We actively promote equal opportunities in all recruitment, promotion and professional development processes.

2.3 We foster an inclusive and respectful work environment where all employees feel valued and can fulfil their potential.

2.4 We implement specific policies and programs to promote diversity and inclusion at all levels of the company.

3. Anti-Corruption and Business Ethics

3.1 We strictly prohibit any form of bribery, corruption or improper payment in our business dealings.

3.2 We are committed to competing fairly and ethically, complying with all applicable competition laws.

3.3 We will avoid any actual or perceived conflict of interest, and we will require disclosure of any potential conflict.

3.4 We maintain accurate and transparent financial records, and we fully cooperate with any authorised audit or investigations.

3.5 We implement regular training programmes on business ethics and anti-corruption for all employees, with special emphasis on those dealing with suppliers and customers.

4. Sustainability and Environmental Protection

4.1 We are committed to minimizing the environmental impact of our operations, products, and supply chain.

4.2 We comply with all applicable environmental regulations and will continually seek ways to improve our environmental performance.

4.3 We implement sustainable production practices, including waste reduction, efficient use of resources, and the promotion of renewable energy.

4.4 We collaborate with suppliers and business partners who share our commitment to sustainability.

4.5 We educate our employees on responsible environmental practices and encourage their participation in sustainability initiatives.

5. Supplier and Customer Relations

5.1 We select our suppliers based on objective criteria of quality, price and ethical practices in their contracting processes, working conditions and production.

5.2 We require our suppliers to comply with ethical standards similar to ours, especially in terms of food safety, labour rights and environmental protection.

5.3 We maintain honest and transparent relationships with our customers, providing clear and accurate information about our products.

5.4 We respond in a timely and effective manner to the complaints and suggestions of our customers, always seeking to improve our products and services.

6. Labor Rights and Employee Welfare

6.1 We fully respect the labour rights of our employees, including freedom of association and collective bargaining.

6.2 We provide safe and healthy working conditions, complying with all occupational health and safety regulations.

6.3 We offer fair and competitive remuneration and professional development opportunities for all our employees.

6.4 We promote a healthy work-life balance for our employees.

7. Training and Development

7.1 We implement continuous training programs for all employees on the principles of this Code of Ethics and its practical application in daily work.

7.2 We provide specific training in food safety, sustainability, business ethics and other topics relevant to our business.

7.3 We foster a culture of continuous learning and improvement throughout the organization.

7.4 We regularly evaluate the effectiveness of our training programmes and update them as necessary.

8. Compliance and Whistleblowing

8.1 All employees have the responsibility to comply with this Code of Ethics and to report any violation or suspected violation.

8.2 We establish secure and confidential channels for whistleblowing, protecting whistleblowers against any form of retaliation.

8.3 We will promptly and thoroughly investigate all allegations of ethical violations and take appropriate corrective action.

8.4 We conduct regular internal audits to ensure compliance with this Code of Ethics in all areas of our company.