Bribery is defined as the act of promising, providing, or accepting any form of benefit, whether financial or otherwise, to influence the recipient or another person to act dishonestly, reward them for acting dishonestly, or encourage the recipient to act dishonestly if the benefit is accepted.

Corruption involves abusing a position of trust or authority for personal gain.

Kickbacks refer to the payment of a percentage of income to a person in a position of power or influence as compensation for enabling the income to be generated.

Our company’s policy is to conduct all business activities with honesty and integrity. We adopt a zero-tolerance approach towards bribery and corruption, and we are committed to engaging in professional, fair, and ethical business dealings and relationships wherever we operate. We establish and enforce effective systems to prevent and counter bribery and corruption. Our directors, officers, and employees are strictly prohibited from offering, paying, soliciting, or accepting bribes or kickbacks.

We also recognize the significant role played by our Business Partners in our overall success. Our Business Partners include suppliers of goods, services, machinery, and other items, as well as agents, consultants, subcontractors, and firms with whom we have joint ventures, consortia, or other business relationships. We expect our Business Partners to adhere to the same high ethical standards in order to fulfill our commitment.

We are dedicated to upholding all relevant laws related to countering bribery and corruption in all jurisdictions where we operate. Compliance with this policy is mandatory for all employees, officers, managers, directors, and shareholders of Navinkor Marine SA. Any violations will be subject to appropriate disciplinary actions, which may include termination of employment and legal action, if necessary.

By adhering to this Anti-Bribery and Corruption Policy, we strive to maintain the trust and confidence of our stakeholders, protect our reputation, and contribute to a fair and transparent business environment.