SCHMIDT Code of Ethics

The Schmidt Code of Ethics (the "Code") is our roadmap for implementing these values. For us to succeed, each of us must make the right choices every day. One wrong choice by a single employee can damage the reputation of the entire company. That's why it's crucial for us all to strictly adhere to this Code and reaffirm our commitment to act according to the highest ethical principles in everything we do.

1. Integrity and Honesty
We act with integrity and honesty in all our professional and personal interactions. We are transparent, fair, and always true to our word.

2. Respect for Individuals
We respect the dignity and fundamental rights of every individual, regardless of their background, race, religion, sexual orientation, or status. We promote an inclusive and equal working environment.

3. Social and Environmental Responsibility
We are accountable for our actions towards society and the environment. We aim to minimize our environmental impact and make a positive contribution to the communities where we operate.

4. Conflict of Interests
We avoid conflicts of interest and make decisions based on the company's best interest rather than personal gain.

5. Protection of Information
We safeguard the company's confidential information and data, as well as that of our clients and partners. We use this information responsibly and legally.

6. Quality and Excellence
We are committed to maintaining the highest quality in our products and services. Excellence is our constant goal.

7. Compliance with Laws and Regulations
We strictly comply with all laws and regulations in all countries where we operate. We adhere to local and international standards.

8. Reporting Ethical Violations
We encourage all employees to report any suspected violations of this ethical code, without fear of retaliation. Reports will be handled confidentially and investigated appropriately.

9. Individual Responsibility
Each member of SCHMIDT is individually responsible for implementing this ethical code. We all play a part in promoting ethics within the company.

Who Should Follow the Code ?
Our Code, which sets the standards our company and activities are subject to, applies to all members of the SCHMIDT company, including the board of directors, management, and employees at all hierarchical levels, in all legal entities, including joint ventures in which SCHMIDT has a majority or controlling stake. SCHMIDT's partners, service providers, and consultants are also required to follow the SCHMIDT Supplier Code of Conduct when dealing with SCHMIDT or acting on its behalf.

How is the Code Governed ?
SCHMIDT has established a governance structure to ensure that the principles of this Code are adhered to, highlighted, and effectively managed across the company. Every SCHMIDT employee in a managerial position has the responsibility to ensure that the Code is actively distributed, understood, and adhered to within their team.

Nathalie et Grégoire Schmidt - Founders
October 2023