POLICY STATEMENT

KOSSAN is committed to conduct its business processes and operation in an ethical, transparent and responsible manner. In line with that commitment, this policy serves as an avenue for all KOSSAN employees and the general public to raise concerns about malpractice or improper conduct within the KOSSAN Group of Companies.

POLICY OBJECTIVES

The objectives of this policy are to provide an avenue for all KOSSAN employees and the general public to raise concerns about malpractice or improper conduct and explain how KOSSAN will respond. This policy further serves to give assurance that all concerns raised will be taken seriously.

APPLICATION OF THE POLICY

This policy is applicable to all employees within KOSSAN Groupof Companies and the general public.

SCOPE OF THE POLICY

Malpractice or improper conduct cover a wide range of concerns, included but are not limited to the following:

  1. Bribery or corrupt practices
  2. Abuse of power
  3. Fraud
  4. Violation of law
  5. Illegal or unlawful activities
  6. Theft
  7. Damage to the environment
  8. A criminal offence
  9. Misuse of company funds or resources
PROTECTION FOR THE WHISTLEBLOWER

KOSSAN shall not tolerate any form of retaliation, harassment or victimization against whistleblower who has raised a concern in good faith. Any employee who retaliates against a whistleblower will face disciplinary action.

MALICIOUS ALLEGATIONS

A whistleblower shall act on good faith in raising a specific concern. KOSSAN employees may be subject to disciplinary action should the allegations made were not in good faith or malicious.

CONFIDENTIALITY

All concerns raised are treated in confidence and KOSSAN shall not reveal the identity of a whistleblower. However, concerns raised on anonymity are difficult to investigate and therefore much more difficult to pursue such an investigation to a fair, just and reliable conclusion. The whistleblower may, at appropriate time, be required to come forward to facilitate the investigation.

PROCEDURES TO RAISE A CONCERN
REVIEW OF THE POLICY

This policy is subject to review from time to time by the management.