KJ Power Generator Business Ethics and Code of Conduct

1. Message from the Board of Directors and Our Commitment

At KJ Power Jeneratör, the cornerstone of our success is our commitment to conducting business with the highest standards of integrity, professionalism, and ethical behavior. This Business Ethics and Code of Conduct (hereinafter "the Code") sets forth the core principles that protect our reputation in the global marketplace, strengthen the trust between us and our stakeholders, and ensure our sustainable growth.

This Code is more than just a set of rules; it is a reflection of our corporate identity and our values. It is the compass that guides us in our relationships with our employees, customers, suppliers, and all business partners. Adherence to these principles is a responsibility that extends beyond legal compliance-it is an integral part of being a member of the KJ Power Jeneratör brand.

Compliance with this Code is mandatory for the entire KJ Power Jeneratör family and is non-negotiable.

2. Scope

This Code applies to all individuals and entities acting on behalf of KJ Power Jeneratör, including but not limited to:

• All board members, executives, and employees (full-time, part-time, or temporary).
• All geographic locations where KJ Power Jeneratör operates or conducts business.
• All consultants, contractors, agents, and other business partners acting on behalf of the company.
• All suppliers and subcontractors providing goods or services to KJ Power Jeneratör.

All parties are expected to read, understand, and fully comply with this Code.

3. Our Core Values and Ethical Principles

All our activities are built upon the following core values:

• Integrity: We act with transparency, fairness, and honesty in all our business relationships and decision-making processes. We avoid misleading statements, fraud, and all forms of corruption.
• Respect: We treat our employees, customers, suppliers, and the community with respect. We embrace diversity, respect human rights, and provide a fair working environment.
• Accountability: We take responsibility for our actions and decisions. We are accountable for protecting company assets, the environment, and the information entrusted to us by our stakeholders.
• Excellence: We aim for the highest standards of quality and professionalism in everything we do.

4. Conduct in the Workplace

4.1. Conflict of Interest

Employees must avoid situations where their personal interests or relationships conflict, or appear to conflict, with the interests of KJ Power Jeneratör. Any potential or actual conflict of interest must be disclosed immediately and in writing to senior management and the Human Resources department. Company property, information, or position may not be used for personal gain.

4.2. Anti-Bribery and Anti-Corruption

KJ Power Jeneratör has a zero-tolerance policy for bribery, corruption, extortion, and embezzlement. It is strictly forbidden to offer, give, solicit, or accept, directly or indirectly, anything of value to or from public officials, business partners, or any third party to secure an unfair advantage.

4.3. Gifts, Hospitality, and Entertainment

Gifts of a modest nature (nominal value not exceeding €50) that are compliant with local laws and not intended to influence business decisions may be accepted or given. All gift and hospitality activities must be reasonable, transparent, and never create the appearance of a conflict of interest. Giving or accepting cash or cash-equivalent gifts is strictly prohibited.

4.4. Fair Labor and Human Rights

• Equal Opportunity: We do not tolerate discrimination in hiring, promotion, compensation, or any other employment practice based on race, color, gender, religion, age, sexual orientation, national origin, disability, or any other legally protected status.
• Anti-Harassment and Bullying: We are committed to providing a respectful and safe work environment, free from threats, intimidation, abuse, or any form of harassment.
• Prohibition of Child Labor and Forced Labor: We do not employ anyone below the legal minimum working age. We do not permit any form of forced, bonded, or involuntary labor under any circumstances. All work is voluntary.
• Wages and Benefits: Our employees' wages, benefits, and working hours meet or exceed all applicable local laws and industry standards.

5. Health, Safety, and Environment

5.1. Occupational Health and Safety (OHS)

Creating and maintaining a safe and healthy work environment for all our employees is our top priority. All our facilities, equipment, and processes comply with applicable OHS regulations. We proactively manage risks, provide our employees with the necessary personal protective equipment (PPE), and conduct regular training. All accidents and hazardous conditions must be reported immediately.

5.2. Environmental Responsibility

We are committed to minimizing the environmental impact of our operations. We continuously strive to reduce energy and water consumption, minimize waste, and promote recycling. The use, storage, and disposal of all hazardous materials are handled safely and in accordance with legal regulations.

6. Protection of Assets and Information

6.1. Confidentiality and Data Protection

All confidential information, including trade secrets, customer and supplier data, financial records, and employees' personal data, must be protected. Such information must not be shared with unauthorized individuals or outside the company. We comply with all relevant data protection laws, including KVKK and GDPR, in the processing of personal data.

6.2. Use of Company Assets

All company assets (equipment, vehicles, software, financial resources, etc.) must be used efficiently and solely for legitimate business purposes. The waste, misuse, or theft of assets is prohibited.

6.3. Cybersecurity

Protecting our company's information systems and data from cyber threats is a shared responsibility. It is mandatory to use strong passwords, be vigilant against suspicious emails, and comply with all cybersecurity policies. Any suspected security breach must be reported immediately to the Information Technology department.

7. Supply Chain and Business Partners

We expect our suppliers and business partners to adhere to the same high ethical standards. We promote compliance with human rights, occupational health and safety, environmental standards, and ethical business practices throughout our supply chain. KJ Power Jeneratör reserves the right to audit its suppliers to verify compliance with this Code. Non-compliance may lead to the termination of the business relationship.

8. Reporting, Investigation, and Non-Retaliation

8.1. Speaking Up (Whistleblowing)

We encourage anyone with a good-faith suspicion of a violation of this Code or the law to report it. Reports can be made to one's manager, the Human Resources department, or directly and confidentially to the Ethics and Compliance Committee at [e.g., [email protected]].

8.2. Non-Retaliation

We guarantee that there will be no retaliation against any employee who, in good faith, raises a concern or participates in an investigation. Retaliation is a serious violation of this Code and will result in disciplinary action.

8.3. Investigations

All reports will be investigated promptly, confidentially, and fairly. Full cooperation with all investigations is mandatory.

9. Compliance, Discipline, and Review

9.1. Compliance and Accountability

Compliance with this Code is the personal responsibility of every employee. Managers are additionally responsible for ensuring their teams understand and apply this Code.

9.2. Consequences of Violations

A violation of this Code will lead to serious consequences, including but not limited to:

• Verbal or written warning
• Mandatory participation in training programs
• Suspension or termination of employment
• Termination of a supplier or business partner contract
• Reporting to legal authorities and initiation of legal proceedings

9.3. Governance and Review

This Code is reviewed periodically by the Board of Directors, at least annually, and updated according to changing laws, regulations, and best practices.