Vetoquinol - Universal Registration Document - 2021

2 60 Vetoquinol Universal Registration Document 2020 Financial report STATEMENT OF NON-FINANCIAL PERFORMANCE Social footprint 2.7.4.3 The General Data Protection Regulation (GDPR) Vetoquinol is committed to protecting the privacy of its employees and partners and has taken steps to bring company policy in line with GDPR requirements. To that end, Vetoquinol has adopted a multi-year action plan to strengthen and harmonize its compliance actions within the Group. This action plan is led by an international, multidiscipli- nary team consisting of the Group DPO, the legal officer responsible for personal data and “Local Privacy Cham- pions”. In 2020, under the impetus of this team, a number of actions were carried out, ranging from raising team awareness of these new regulations to the initiation of macro-mapping. 2.7.4.4 Relations with stakeholders Vetoquinol maintains strong communication with all of its stakeholders in various ways, both informal (confe- rences, in-house committees, etc.) and formal (meetings with professional organizations such as Health for Animals and SIMV, etc.), and endeavors to respond promptly to any suggestions or concerns raised. This fruitful dialog results in wide and diversified unders- tanding of priorities and issues related to Vetoquinol’s sector of business, thereby advancing the Company’s strategies in terms of respecting animals, humans and the environment. 2.7.4.5 Prevention of tax evasion Vetoquinol pays special attention to the companies with which it does business and checks the consistency of the legal and financial information they send to Vetoquinol. Vetoquinol does not organize or take part in poten- tially “aggressive” tax planning arrangements within the meaning of the European Council Directive (EU) 2018/822 of May 25, 2018 on the automatic and obliga- tory exchange of information on reportable cross-border arrangements, known as “DAC 6”. 2.7.5 Supplier relations Vetoquinol is committed to the highest professional and ethical standards with respect to its employees, shareholders, customers, suppliers and partners. Veto- quinol wishes to act with integrity, loyalty and objectivity toward its partners. To that end, Vetoquinol has drafted a Code of Ethics that constitutes the basis of the common rules that must guide all Group employees in their daily behavior and actions. Relations between Vetoquinol and its suppliers are defined internally by the Group’s purchasing policies, which cover all types of Group purchases: purchases of materials and components for production (“Direct Pur- chases”) and purchases of services and other services (“Indirect Purchases”) outside production. These Group policies establish a clear and shared framework for all employees to implement structured, methodical, profes- sional and responsible purchasing practices. Vetoquinol is committed to the implementation and deployment of supplier guidelines for all its subsidia- ries. This project addresses several key requirements in managing the Group’s supplier relationships. The first step is to establish governance of supplier data: which data, which updating principles, separation of duties and responsibilities for its collection, analysis and documentation for what purpose. This project also makes it possible to establish standard practices for managing relations between Vetoquinol and its suppliers by verifying certain ethical and anti-corruption aspects through a questionnaire. Finally, the deployment of these supplier reference guidelines makes it possible to establish system-wide supplier management practices throughout the Group. In 2020, despite the health crisis, the quality and mana- gement of our supplies of raw materials and packaging items enabled the laboratory to ensure continuity in the manufacture and delivery of our medicines to our customers. The inventory coverage targets and the pro- curement and monitoring policies implemented before and during the pandemic ensured the availability of raw materials in our plants without major tensions. These policies, which are part of our long-term ambitions for operational excellence, have demonstrated the effective- ness of securing the sourcing of our materials as well as of our internal collaborative processes within our indus- trial department (supply chain purchasing – production).