Anti-Bribery Policy

Hera Group is committed to conducting its business with integrity, transparency, and in compliance with all applicable laws and regulations. This Anti-Bribery Policy outlines our commitment to preventing bribery and corruption in all aspects of our operations, both domestically and internationally.

2. Definitions

2.1 Bribery: The offering, giving, receiving, or soliciting of something of value to influence the actions of an official or other person in a position of authority, in order to obtain or retain business or secure an improper advantage.

2.2 Facilitation Payment: Small payments or gifts made to expedite routine administrative actions that public officials are obligated to perform.

3. Compliance with Laws and Regulations

3.1 Hera Group is committed to complying with all applicable anti-bribery laws and regulations, including the Foreign Corrupt Practices Act (FCPA) in the United States, the UK Bribery Act, and any other relevant international and local laws.

4. Prohibited Activities

4.1 Hera Group prohibits the following activities:

a. Offering, giving, receiving, or soliciting bribes or facilitation payments, whether directly or indirectly, to or from any person or entity.

b. Accepting gifts, entertainment, or hospitality that could reasonably be construed as an attempt to influence business decisions.

c. Engaging in any corrupt practices, including kickbacks, embezzlement, or fraudulent accounting.

5. Due Diligence

5.1 Hera Group will conduct due diligence on all business partners, including suppliers, agents, and intermediaries, to ensure they meet our anti-bribery standards.

6. Reporting Suspected Bribery

6.1 All employees and stakeholders are encouraged to report any suspected or actual instances of bribery or corruption to the designated compliance officer or through our confidential reporting mechanism.

7. Consequences of Non-Compliance

7.1 Hera Group takes allegations of bribery and corruption seriously. Non-compliance with this policy may result in disciplinary action, including termination of employment, as well as legal action.

8. Training and Awareness

8.1 Hera Group will provide regular training and awareness programs to ensure that all employees and relevant stakeholders are informed about anti-bribery laws, regulations, and best practices.

9. Continuous Improvement

9.1 Hera Group is committed to the continuous improvement of its anti-bribery program. This policy will be reviewed periodically to ensure its effectiveness and relevance.

10. Conclusion

Hera Group’s success is built on trust, ethical conduct, and compliance with the highest standards of integrity. We are dedicated to preventing bribery and corruption in all our operations and expect all employees and stakeholders to share in this commitment.

This Anti-Bribery Policy serves as a foundation for our ethical business practices, and we expect everyone associated with Hera Group to uphold its principles and contribute to a culture of integrity.