Code of Conduct of GÖLZ Holding GmbH

(Code of conduct for employees, suppliers and business partners)

Table of Contents

1. Preamble

2. Scope

3. Our Values and Fundamental Principles

4. Human Rights, Working Conditions, and Fair Pay

5. Health, Safety, and Well-being in the Workplace

6. Sustainability, Environmental Protection, and Climate Protection

7. Supply Chain Responsibility

8. Integrity, Fair Business Practices, and Competition

9. Data Protection, Information Security, and Confidentiality

10. Communication and Public Image

11. Implementation, Reporting Systems, and Consequences

12. Declaration of Commitment for Suppliers and Partners

1. Preamble

GÖLZ Holding GmbH is a family-owned company based in Austria, known for decades for quality, innovation, and reliability in the development, production, and distribution of construction equipment, diamond tools, and modern energy storage solutions.

Our goal is to create durable, energy-efficient, and repairable products that benefit our customers, the environment, and future generations.

This Code of Conduct defines the values, principles, and expectations that guide our actions and form the foundation for fair, responsible, and sustainable business relationships.

2. Scope

This Code of Conduct applies to:

• all employees, managers, and corporate bodies of GÖLZ Holding GmbH,

• all suppliers, service providers, and business partners acting on behalf or in the interest of GÖLZ Holding GmbH,

• all companies directly or indirectly controlled by GÖLZ Holding GmbH.

3. Our Values and Principles

Our corporate values are:

• Integrity – we act honestly, transparently, and responsibly.

• Respect – we value human dignity, diversity, and equality.

• Responsibility – we take responsibility for our actions, our products, and the environment.

• Sustainability – we think long-term and conserve resources.

• Innovation – we encourage continuous improvement and technical progress.

4. Human Rights, Working Conditions and Fair Remuneration

GÖLZ Holding GmbH is committed to the principles of the Universal Declaration of Human Rights, the ILO Core Labour Standards, the OECD Guidelines for Multinational Enterprises, and the UN Global Compact.

We respect and promote:

• fair and safe working conditions,

• equal opportunities and non-discrimination,

• the prohibition of forced and child labour,

• freedom of association and collective bargaining,

• fair and adequate remuneration.

Suppliers are obliged to ensure that these principles are upheld throughout their supply chains.

5. Health, Safety and Well-being at Work

The safety and well-being of all employees are of the highest priority.
We comply with all applicable health and safety regulations and expect the same from our suppliers and partners.

They are required to:

• ensure safe and hygienic working conditions,

• provide regular safety training,

• minimize risks through preventive measures.

6. Sustainability, Environmental and Climate Protection

Sustainability is a central part of our corporate responsibility.
Our goal is to design the entire life cycle of our products in an environmentally friendly way – from development and production to disposal.

We commit to:

• efficient use of energy, water, and materials,

• reduction of emissions and waste,

• promotion of recycling, reuse, and repair,

• use of durable and energy-efficient technologies,

• development of resource-saving products with a low carbon footprint.

Suppliers are required to establish an effective environmental management system and to continuously reduce and improve their environmental impact.

7. Responsibility in the Supply Chain

We expect our suppliers and partners to take responsibility throughout their supply chains and to pass on the principles of this Code.

This includes:

• respect for human rights and fair working conditions,

• prohibition of child and forced labour,

• avoidance of conflict minerals,

• reduction of greenhouse gas emissions,

• transparency on the origin of materials and components,

• cooperation during audits and sustainability assessments.

8. Integrity, Fair Business Practices and Competition

We act according to the principles of honesty and fairness.
Corruption, bribery, fraud, money laundering, or any form of improper influence are not tolerated.

GÖLZ Holding GmbH is committed to fair competition and compliance with all applicable antitrust and competition laws.

9. Data Protection, Information Security and Confidentiality

We handle personal data and confidential information with care and in accordance with the EU General Data Protection Regulation (GDPR).

Information about customers, employees, and business partners is processed only for legitimate purposes and protected against unauthorized access.
Digital systems, applications, and GPS data are used according to the principles of data minimization and security.

10. Communication and Public Representation

GÖLZ Holding GmbH communicates openly, honestly, and respectfully.
Public statements or online content referring to the company may only be made by authorized persons.

Employees expressing private opinions must make it clear that they speak for themselves and not on behalf of the company.

11. Implementation, Reporting and Consequences

This Code of Conduct is binding for all employees, suppliers, and business partners of GÖLZ Holding GmbH.
Violations or suspected breaches can be reported openly or anonymously without fear of retaliation.

Non-compliance may result in disciplinary or contractual consequences.

12. Supplier and Partner Commitment

We confirm that we have read and understood the Code of Conduct of GÖLZ Holding GmbH.
We commit to implementing and maintaining its principles within our own organization and supply chain.