Chubu Electric Power Co.,Inc. | Chubu Electric Power Group Anti-Bribery and Anti-Corruption Policy - Compliance Initiatives
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Compliance Initiatives Chubu Electric Power Group Anti-Bribery and Anti-Corruption Policy

The Chubu Electric Power Group Anti-Bribery and Anti-Corruption Policy, which is based on the Chubu Electric Power Group Basic Compliance Policy, is stated below.

The Chubu Electric Power Group maintains fair and transparent relationships with all stakeholders (customers, business partners, community residents, etc.) and does not engage in bribery, misappropriation, malfeasance, the provision or receipt of hospitality, gifts or entertainment that is improper or exceeds the bounds of common sense, collusion with specific individuals, inappropriate favoring of specific individuals, or any other sort of corruption in any form. In addition, we do not engage in acts that may be misconstrued as corruption from inside or outside the company.

1. To engage in fair and sincere transactions with suppliers

(1) We regard suppliers as important partners with whom we aim to mutually grow and develop, and we comply with the Antimonopoly Act (provisions pertaining to abuse of advantageous position, etc.), Subcontracting Act, and other relevant laws and regulations, and engage in fair transactions on an equal basis.
(2) In all transactions regardless of whether they are conducted inside or outside Japan, we do not seek to acquire or maintain improper benefits or preferential measures nor receive hospitality, gifts or entertainment that exceeds the bounds of common sense.

2. To prevent wrongdoing against customers

In all our activities related to sales (including construction work orders, consignment, etc.) regardless of whether they are conducted inside or outside Japan, we do not seek to acquire or maintain improper benefits or preferential measures, nor provide hospitality, gifts or entertainment that exceeds the bounds of common sense.

3. For fair competition with competitors

In competition with competitors, we comply with the Antimonopoly Act as well as other relevant laws and regulations, and do not engage in cartels, collusion or any other illegal conduct whatsoever.

4. For building sincere relationships with community residents

We build sincere relationships with members of the community by facilitating communication and we neither receive nor provide hospitality, gifts or other entertainment that exceeds the bounds of common sense.

5. For maintenance of sound relationships with politicians, government officials and others

In our relationships with politicians, government officials and others, we conduct ourselves in a manner that complies with relevant laws and regulations (Penal Code, National Public Service Ethics Act, Political Funds Control Act, Public Offices Election Act, local government ordinances, official directives, regulations, etc.) as well as rules established by the national and local governments (National Public Service Ethics Code, etc.). Also, we do not engage in any acts of bribery whatsoever with public employees or others.

6. To prevent improper hospitality, gifts or other entertainment with foreign public employees and others that exceeds the bounds of common sense

In our relationships with public employees and others of foreign countries, we comply with the Unfair Competition Prevention Act, relevant laws and regulations of foreign countries, and our internal rules, and we do not provide hospitality, gifts or other entertainment that exceeds the bounds of common sense.

7. To prevent wrongdoing by agents, consultants or others

(1) When selecting an agent, consultant or other representative, we engage trustworthy individuals and institutions after conducting a sufficient investigation of the individual. In addition, we do not permit such persons to engage in any acts of bribery against public employees or others.
(2) In our relationships with agents, consultants and other representatives, we neither receive nor provide hospitality, gifts or other entertainment that exceeds the bounds of common sense.

Pursuant to the aforementioned policy, the Compliance Committee periodically verifies that there has been no inappropriate acceptance of money or goods.

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