Eriez Magnetics Europe Limited

The Eriez® Fundamental Principle

Using the “Golden Rule” as a guide … to build a worldwide organization that will give

Our Customers high quality products and services at a favorable price commensurate with good service before and after sale;

Our Associates the best possible job opportunity and work satisfaction;

Our Suppliers every opportunity to sell their products and services in an atmosphere of courtesy, trust and fairness; and,

Our Stockholders a reasonable continuing return on their investment

Recognizing our social responsibility to:

The Communities in which we operate, we will strive to conduct our affairs in such an efficient, capable and friendly manner that everyone with whom we come in contact will be happy to be associated with us.

Ethical conduct and business go together. Over the years, Eriez Manufacturing has built a reputation for the highest levels of integrity in every aspect of its business – a reputation that continues to serve us well in an increasingly competitive global marketplace. This reputation depends on the behavior of Eriez’ directors, officers, executives, managers, employees and representatives. Every one of us, regardless of position or assignment, is entrusted with upholding that reputation. It is up to each of us to guarantee that our conduct not only meets that high standard, but also enhances it.

Our Commitment

Having an open dialogue with our employees and business partners is a critical part of our vision. With core values including absolute business integrity and respect for individuals, we are committed to listening to your comments and responding promptly. We are dedicated to ensuring that ethics and integrity are never called into question in our operations. Retaliation against any employee for reporting or participating in an investigation for a suspected violation of law or policy will not be tolerated.

Our Expectations

We encourage employees to act in the best interest of the company, which shares certain fundamental principles, standards and responsibilities around business conduct and ethics even if laws and regulations may vary in the countries we conduct business in. Please take some time and review Eriez’ company policies dealing with ethics, conduct and individual performance. While compliance with applicable policies is required and expected, we also have the responsibility to come forward and report any known or suspected violations.

Seeking Guidance

Questions about Eriez’ policies and reports of suspected unethical conduct should be reported to local management through our valued open door process. Alternatively, you may contact Eriez Compliance Helpline by submitting your inquiry or issue via the internet or by calling the toll free Compliance Helpline telephone number for your location listed here (translation services available).

Eriez partners with EthicsPoint, an independent and objective company, specializing in the handling of confidential and anonymous reporting of workplace and ethical issues and concerns. The information you submit to EthicsPoint will be confidential and anonymously forwarded to management.

We appreciate your efforts in maintaining Eriez’ high level of ethical and moral standards.