S&C Electric Company 2023 Sustainability Report

INTRODUCTION

OPERATIONAL EXCELLENCE

PEOPLE-FIRST CULTURE CUSTOMER-CENTERED INNOVATION

GRI INDEX

Ethics, Integrity, and Governance

We commit to the highest standards of ethics, integrity, and governance and believe these elements are critical to S&C’s long-term success. ETHICS AND INTEGRITY S&C commits to treating all team members, customers, suppliers, and stakeholders fairly; to acting ethically; and to upholding the highest standards of integrity in our operations and business dealings. Our Values & Guiding Principles drive our actions, enabling us to build long-term relationships and uphold our reputation as a trusted partner and esteemed employer. Our associate general counsel, global compliance, labor, and employment and our ethics and compliance director are responsible for our compliance program, policies, and procedures. These compliance professionals report directly to the general counsel and are under the purview of S&C’s president and CEO, as well as the audit committee of the board of directors. The general counsel and ethics and compliance director serve as chair and co-chair, respectively, of the S&C Compliance Committee, which includes global leaders from each functional area and members of our senior leadership team. Members of the S&C Compliance Committee work together to oversee our compliance strategy and conduct annual risk assessments. S&C’s Required Ethical Standards, Code of Business Conduct provides team members with guidance on making ethical business decisions and complying with all applicable laws, rules, standards, best practices, and regulations in the communities in which we operate.

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