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IDE ELECTRIC, S.L.

Compliance Policy

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IDE Electric promotes a culture of compliance among its partners, staff, clients, suppliers, employees and other stakeholders.

IDE has a Criminal Risk Management and Corporate Compliance System, and it is essential to communicate to its partners, employees, collaborators, clients, suppliers and other interested parties the objective of ensuring professional and commercial performance in accordance with the company's mission, vision, values and commitments, regulatory compliance and risk prevention.

A compliance system in line with IDE's responsible ethics model

As part of the implementation of the criminal risk management and corporate compliance system, IDE's Board of Directors has approved as first level internal compliance regulations the Criminal Risk Management System Policy and the Code of Conduct, which establish the guidelines for compliance that we wish to establish in our relations with all our partners, employees, collaborators, clients, suppliers and other interested parties.

Compliance Committee.

In order to provide IDE with the necessary mechanisms to ensure compliance with regulations, self-regulation systems, respect for the commitments acquired and the supervision and improvement of the criminal risk management and corporate compliance system, IDE's Board of Directors has appointed and empowered a Regulatory Compliance Committee made up of internal and external experts advising on regulatory requirements and their adequacy, on compliance risk management and on the design of controls, action plans, self-assessments and verifications, in order to ensure effective compliance with corporate obligations and risk prevention.

Ethics Channel.

At IDE, we have zero tolerance for non-compliance with regulations, ethical principles and malpractice.

IDE makes available to its members, collaborators, clients, suppliers and any interested party its Ethics Channel, to communicate confidentially and even anonymously, any suspicion or knowledge of conduct, actions or omissions that may constitute a breach of European Union Law; criminal or administrative infringement, or any breach of the values, guidelines or rules of conduct contained in the Code of Conduct, in the Criminal Risk Prevention Policy and in the remaining internal regulations of IDE, committed by a member of IDE in the exercise of their functions in the company.

Integrity, responsibility and compliance.