Anti-Bribery Policy

At IPC (hereinafter referred to as "the Company"), we are committed to conducting our business with the highest ethical standards and integrity. Bribery and corruption have no place in our organization, and we are dedicated to preventing, detecting, and addressing any form of bribery that may occur in our operations. This Anti-Bribery Business Policy outlines our commitment to anti-bribery principles and serves as a guide for all employees, partners, and associates of IPC.

1. Policy Statement: IPC strictly prohibits any form of bribery, whether direct or indirect, in all of its business activities. We expect all employees, partners, and associates to adhere to the highest standards of honesty, transparency, and integrity when conducting business on behalf of IPC.

2. Applicability: This policy applies to all individuals and entities associated with IPC, including but not limited to:

• Employees (full-time, part-time, temporary, and contract workers)

• Directors, officers, and management personnel

• Suppliers, contractors, and vendors

• Agents, intermediaries, and representatives

• Joint venture partners and subsidiaries

• Any other third parties acting on behalf of IPC

3. Prohibited Activities: IPC strictly prohibits the following activities:

3.1 Bribery: Offering, giving, receiving, or soliciting anything of value to influence an individual or entity's actions, decisions, or behavior, either directly or indirectly.

3.2 Facilitation Payments: Payments made to expedite or facilitate routine government or business actions, even if they are considered common practice in a particular region.

3.3 Kickbacks: Accepting or providing undisclosed payments, commissions, or benefits as a reward for influencing a business decision in favor of the party offering the kickback.

3.4 Extortion and Blackmail: Demanding or accepting money, services, or other benefits through threats, intimidation, or coercion.

4. Compliance and Training: IPC is committed to promoting compliance with this anti-bribery policy. We will provide training and resources to ensure that all individuals covered by this policy understand and adhere to its provisions. Regular training sessions and awareness campaigns will be conducted to keep all parties informed of their obligations.

5. Reporting and Whistleblower Protection: IPC encourages employees, partners, and associates to report any suspected violations of this policy promptly. We maintain a strict non-retaliation policy, and individuals reporting in good faith will be protected against any adverse actions for coming forward.

Reports can be made anonymously, if preferred, through our designated reporting channels, which will be communicated to all stakeholders. IPC is committed to investigating all reports thoroughly and taking appropriate corrective actions.

6. Due Diligence: IPC will conduct due diligence on third parties, including suppliers, agents, and business partners, to assess their commitment to anti-bribery and corruption principles before entering into any business relationships. Ongoing monitoring will also be performed to ensure continued compliance.

7. Consequences of Non-Compliance: Violations of this policy will not be tolerated, and IPC will take appropriate disciplinary action against individuals or entities found to have violated this policy, including termination of employment or business relationships. Legal action may also be pursued when necessary.

8. Review and Revision: This Anti-Bribery Business Policy will be reviewed regularly to ensure it remains effective and relevant. Any necessary updates or revisions will be made to address emerging risks and changing regulatory requirements.

IPC is committed to fostering a culture of integrity, transparency, and compliance with anti-bribery and corruption laws and regulations. Every individual associated with IPC plays a vital role in upholding these principles and protecting the reputation and success of our organization.

Date: 02/05/22

For inquiries or to report a violation, please contact info@ipccert.com.