By introducing the following Code of Conduct, NK Precision Component, have taken another resolute step in the exercise of our global and local responsibility.Our products help to ensure that mobility is environmentally friendly, efficient, and safe. In this context, the future obligates us to promote mobility in the interest of the common good, while doing justice to individual needs, ecological concerns, and the economic requirements placed on a global enterprise.

Our common goal is to be number one among the precision component manufacturers and to make individualized, sustainable, and safe mobility based on superior quality possible for people throughout the world.

To achieve our goal,
• we act responsibly, for the benefit of our customers, and employees;
• we consider compliance with international conventions 1), laws, and internal rules 2)to be the basis for sustainable and successful economic activities;
• we act in accordance with our declarations; and
• we accept responsibility for our actions.

In addition to international conventions, laws, and internal rules, our Company values provide the bases for our actions. The Company’s values – “closeness to the customer, superior performance, value creation, renewability, respect, responsibility, and sustainability” – are the basis for Company’s-wide collaboration and have been incorporated into our Code of Conduct.

With our Code of Conduct we provide our employees a guidepost that combines the essential basic principles of our activities supports our employees in mastering the legal and ethical challenges in their daily work. This Code of Conduct constitutes a Company-wide guideline that applies to all of our employees and for the compliance with which each individual is equally responsible.

General Conduct Requirement:
The reputation of the NK Precision is determined in large part by the demeanor, actions, and behavior of each individual employee. Inappropriate behavior by just one employee can cause
serious damage to the organization. The fulfillment of his or her duties must always be directed hereto in all respects.

Responsibility for Basic Social Rights and Principles
We respect internationally recognized human rights and support the observance of these rights.

We act in accordance with the applicable requirements of the International Labor Organization. We recognize the basic right of all employees to establish trade unions and labor representations.
We reject all deliberate use of forced or compulsory labor. Child labor is prohibited. We heed the minimum age requirements for employment in accordance with governmental obligations.

Remuneration and benefits paid or otherwise rendered in compensation for a normal working week are in keeping at least with the minimum national legal standard or standards of the respective national economic region.

Equal Opportunity and Mutual Respect
We guarantee equal opportunity and equal treatment, irrespective of ethnicity, skin, color, gender, disability, ideology, faith, nationality, sexual orientation, social background, or political conviction, provided such is based on democratic principles and tolerance towards those of contrary convictions. As a matter of principle, our employees are chosen, hired, and supported based on their qualifications and skills.

Each of our employees is prohibited from discrimination of any kind (e.g., by disadvantaging,harassing, or bullying) and shall foster a respectful, partner-like interaction with one another.

Employees and Employee Representatives
We create an environment which provides personal and professional prospects for our employees, in which exceptional performance and results can be achieved and which promotes employability of our employees. We invest in the skills and competence of our employees. At the same time, we expect that each of our employees will maintain high personal standards for themselves, their performance, and their health; and that they actively participate in their own ongoing professional development.

We are committed to working with employee representatives in candor and trust, to conducting a constructive and co-operative dialogue, and to striving for a just balance of interests. Professional dealings with employee representatives that permit neither privilege nor discrimination are part of our company culture.

Management Culture and Collaboration
Every superior has responsibility for his or her employees. Every superior sets an example and must act in strict accordance with the Code of Conduct. By providing regular information and instruction about the relevant responsibilities and powers for each work area, supervisors promote behavior by their employees that conforms to the Code of Conduct. The superior places trust in his employees, agrees on ambitious and realistic goals, and gives employees as much personal responsibility and freedom of action as possible. Superiors see their employees’ achievements and recognize the achievements. Superiors particularly honor top achievements.

In the context of leadership responsibility, the superiors guard against unacceptable conduct. They bear responsibility for ensuring that that no violations of rules occur in their area of responsibility that could have been prevented or made more difficult through appropriate supervision.

Trusting and good cooperation are reflected by mutual and open sharing of information and support. Superiors and employees inform each other about facts and business matters in a thorough manner that they can act and decide. Employees and superiors in particular ensure a fast and efficient exchange of information. Knowledge and information shall be passed on as provided for by the respectively given scope of authorization. Knowledge and information is to be transferred undistorted, promptly and completely to promote cooperation.

Occupational Safety and Health Protection:
We are committed to our responsibility for the safety and health of our employees. We provide occupational safety and health protection consistent with the respectively applicable national regulations as well as based on the health-protection and occupational-safety policy of the Volkswagen Group. Through continuous improvements to the working environment and through a variety of preventive and health-promoting measures, we preserve and promote the health,productivity and employment satisfaction of our employees. Each of our employees contributes to the promotion of their health and heeds occupational-safety and health-protection requirements.