Our Code of Conduct sets out the principles, behaviours and attitudes needed to create a good corporate - social culture and operations, based on the law, our internal policies and the principles of corporate and social responsibility.

Human rights

We respect human rights in all our activities and do not support forced labour. We do not employ children and we do not support business partners who violate this principle. We ensure equal treatment of all our employees, regardless of age, gender, social origin, origin, religion, belief or sexual orientation. We guarantee our employees the right to the highest attainable standard of health; the right to decent working conditions, the right to fair wages and the right to form and join trade unions and to bargain collectively.

Corporate Social Responsibility

Carbon Black Kft. and Carbon Black s.r.o. respect the principles of the ISO 26000 standard. We base our conduct on this standard, our own internal documents and the principles set out in them, thereby striving to comply with the accepted principles of good conduct both individually and for the organization as a whole. We respect the rule of law and comply with legal obligations.

Our company has drawn up and published a Code of Ethics, which describes the ethical values of the company and its employees, the importance of environmental protection and social responsibility, and good communication within and outside the company. We take into account all applicable labour law requirements. We provide practical opportunities for college students and support their professional preparation and employment. We also reallocate our resources to charitable causes, such as supporting public education institutions, sports clubs and NGOs. We encourage our employees to actively participate in our company's corporate social responsibility activities and provide them with the means to do so.

Safety and health

We provide a safe and hygienic working environment. We carry out air and noise measurements in the workplace in accordance with legal requirements. We carry out risk analysis and risk assessment for occupational health, fire, health and safety. We inform employees about health and safety risks and preventive measures, employer's and employee's obligations. The person responsible for occupational safety and health provides training in this area at head office and on site, and a record of the training is kept in accordance with our Integrated Management System regulations.

Work clothing and protective equipment are provided for our employees. Carbon Black Kft. and Carbon Black s.r.o. has a contractual relationship with a company doctor, who reviews the health status of our employees once a year and orders the screening tests required by law. In addition to the general medical check-up and lung screening, we ensure that our colleagues working at the Nyírmada site participate in respiratory function tests. Management communicates the requirement for employees to follow all safety practices and procedures. The company assumes the costs of all health and safety measures in the workplace, respecting the principle that they should not be an expense to employees.

Good business practice

Within the commercial activities of our company, the development and following of good business practices is an important part of our business. We believe that ethics go beyond the legal requirements that companies must meet. Compliance with laws and regulations is the minimum from a business ethics perspective, but beyond that, ensuring good business ethics is about internal and voluntary decisions and behaviour, to which we pay particular attention. Our company's partners, external stakeholders (customers, suppliers, competitors, authorities) and internal stakeholders (owners, managers, employees) all expect fair and honest behaviour. Trust plays an important role in business and is a prerequisite for sustainable successful cooperation. Our business policy is based on our motto: "Carbon Black Kft, your trusted partner." Carbon Black Ltd. and Carbon Black s.r.o. condemn all forms of corruption, bribery, fraud and abuse of influence.

Carbon Black Kft. does not engage in anti-competitive behaviour:

• in any case, it sets its market prices in accordance with the current market situation;
• it does not set low prices to squeeze out competitors;>
• participates in tenders with real content;
• does not collude with other organizations to manipulate competitive bidding.

We expect our staff to provide our partners with real, up-to-date, relevant, accurate and understandable information about our activities, products and services, and we expect the same from our partners. We expect our employees to adhere to ethical behaviour in business, with the aim of increasing their ethical awareness, compliance, credibility and positive impact in market relations.

Environment

Through environmental and social responsibility, our company aims to minimize negative impacts on the environment and society, while at the same time preserving and improving the state of the environment and its values to the maximum extent possible.

In our business activities and in the way we work, we take into account environmental considerations and ensure that our activities are economical, but that economics does not take precedence over safety, health and environmental protection. Our waste management complies with legal requirements. We have measures in place to reduce the amount of waste generated by our activities. We look for opportunities and business partners who can recycle packaging waste through their activities or provide a solution through their services to other recycling companies. We train our employees to make them aware that environmental protection is everyone's responsibility. We expect our business partners to adopt a similar responsible attitude and support our efforts in this direction.

Data protection

As part of our corporate culture, we fully protect the privacy of our employees and partners and the security of confidential business information. It is a strict requirement for our employees and partners to keep confidential and not to disclose to third parties any data and information obtained in the course of the activities of Carbon Black Kft., Carbon Black s.r.o. and their business partners. In order to ensure data management and information security, our employees are familiarized with our data management and data protection policy, the receipt and acknowledgement of which is confirmed by our employees signing a confidentiality declaration.

This Code applies to all our employees, regardless of their status or job title. We encourage our business partners to promote the principles set out in this document among their partners

The management and all employees of Carbon Black Kft. and Carbon Black s.r.o. respect human rights. We do not support forced labour, do not employ children and do not support business partners who violate these principles.

We take great care in the selection of our suppliers, one of the important aspects being social responsibility. We give preference to partner companies that also set these principles as an example to be followed in their own dealings with their partners in the form of a Policy or Code of Conduct.

We ensure equal treatment of all our employees, regardless of age, gender, social origin, origin, religion, belief or sexual orientation. We reject all forms of discrimination. We strive to achieve a balance between our employees in terms of age and work experience, providing equal working conditions and opportunities for both early career and retired employees. We do not ask for or solicit personal information from our employees, either verbally or in writing, which is in the employee's private sphere.

We respect employees' right to privacy and to a life free from inhuman and degrading treatment. We guarantee our workers the right to the highest attainable standard of health; the right to decent working conditions and fair wages.

We have our activities reviewed by external experts from an occupational health and safety, fire protection, health and safety perspective, which is subject to risk analysis and risk assessment, thus ensuring the selection of appropriate protective equipment and protective equipment for the job. Constant attention is paid to the protection of the air quality of the premises and work areas. Extraction equipment and industrial vacuum cleaners are used to collect soot that escapes into the air. We reduce the airborne soot pollution of workers by following the rules set out in the Integrated Management System Workflows.

We ensure that our employees are aware of the health and safety risks; they are informed of the results of air quality measurements, the Occupational Health and Safety Risk Assessment, and the CLP classification of chemicals handled in the work processes. Access to Material Safety Data Sheets is provided to all employees.

In order to improve the health of our employees, we offer the possibility to use other health promotion services or equipment to improve the working conditions of our employees, with the aim of providing work for external parties and increasing our social responsibility.

Our Labour and Human Rights policies are communicated to our employees through training.

This policy:

• Applies to all employees of Carbon Black Kft. and Carbon Black s.r.o;
• The Managing Director of Carbon Black KFt is responsible for its compliance;
• It is reviewed once a year and any changes are documented in our Annual Report.