Anti-Corruption Policy

At IOTECH we are committed to a culture of integrity, legality and zero tolerance for any form of corruption or improper practice in our operations, business relationships or dealings with public entities. In case of discrepancy, the Spanish version prevails.

Purpose

To set out the principles, guidelines and responsibilities that govern our ethical and legal conduct in order to prevent, detect and sanction acts of corruption, bribery or conflict of interest, in both the public and private spheres.

Guiding principles

• Zero tolerance for bribery: No IOTECH employee or partner may offer, promise, request or accept bribes or improper incentives.
• Legal compliance: We abide by local and international anti-corruption laws, including Mexico's General Law of Administrative Responsibilities and the US FCPA.
• Transparent conduct: All relationships with clients, suppliers and authorities must be conducted honestly, without concealing information or exerting improper influence.
• Individual responsibility: Every employee is responsible for acting ethically and reporting any conduct contrary to this policy.

Risk areas covered

• Contracting and dealings with government entities
• Tender and procurement processes
• Gifts, hospitality, donations or sponsorships
• Hiring of third parties, agents or consultants
• Personal or family conflicts of interest

Gifts and hospitality

Offering or accepting gifts, meals, travel or any benefit that could influence a business decision or represent a conflict of interest is prohibited, except courtesy gifts of symbolic value approved by Management.

Reporting channel

Any employee, supplier or third party aware of a possible act of corruption may report it confidentially and without retaliation to: cumplimiento@iotech.mx.

Application and scope

This policy is mandatory for all IOTECH employees, partners, suppliers and allies. Non-compliance may result in administrative, contractual and even legal sanctions.