Corporate Code of Ethics

Document Control & Revision History

Ancorotti Cosmetics S.p.A. maintains strict oversight of its corporate policies to ensure full alignment with international B2B cosmetics contract manufacturing regulations, European compliance mandates, and ISO quality frameworks.

Preamble & Strategic Vision

Corporate Objectives & Core Values

In alignment with global business ethics standards and industry association guidelines, Ancorotti Cosmetics S.p.A. actively contributes with moral integrity and high social responsibility to the economic growth of the cosmetics industry and corporate development.

We hold firm in our belief in the dignity of labor, legal compliance, operational fairness, and total transparency as indispensable prerequisites for achieving our economic, manufacturing, and social goals. In this context, Ancorotti Cosmetics S.p.A. commits to:

• Strictly observe all national, European, and international regulatory laws governing contract cosmetics manufacturing.
• Operate with professional diligence, fairness, corporate loyalty, and moral rigor across all commercial operations.
• Promote environmental stewardship, efficient resource allocation, and occupational health and safety across all manufacturing facilities.
• Ensure accuracy, truthfulness, transparency, and completeness in all financial and accounting documentation, supported by robust internal control systems.
• Guarantee widespread dissemination of this Code of Ethics among internal teams, B2B brand partners, suppliers, and third-party stakeholders.
• Enforce continuous monitoring of compliance and apply appropriate corrective actions in the event of confirmed policy breaches.

This Code of Ethics forms an integral part of the Organization, Management, and Control System adopted by Ancorotti Cosmetics S.p.A. under Italian Legislative Decree No. 231/2001, aimed at preventing corporate misconduct and financial improprieties.

Section I: Rules of Commercial Conduct

1. Fair Market Competition

Ancorotti Cosmetics S.p.A. believes in free and fair commercial competition. Our business strategy focuses on achieving technical excellence, product innovation, and operational efficiency without resorting to unfair market practices. All corporate representatives are strictly prohibited from engaging in collusive behavior or activities aimed at altering competitive market conditions.

2. Public Administration & Institutional Relations

All interactions with public authorities, regulatory bodies, and official audit agencies must strictly conform to applicable laws and principles of absolute integrity. No officer or employee may offer gifts, favors, or financial incentives to public officials to obtain unfair commercial advantages or influence administrative decisions.

3. B2B Client & Brand Partnership Management

We base our international customer relationships on total quality management, contractual transparency, and reliable execution. Commercial proposals are structured to uphold rigorous aesthetic and performance standards while ensuring compliance with workplace safety, labor compensation, and environmental standards.

4. Supply Chain Integrity & Procurement Standards

Vendor procurement operations strictly follow principles of quality, cost-efficiency, and supplier equality. Ancorotti Cosmetics S.p.A. requires all raw material suppliers, packaging manufacturers, and service contractors to uphold the ethical values set forth in this Code. We enforce transparent sourcing verification to guarantee raw material purity, ethical labor practices, and non-conflict material usage.

Section II: Human Capital & Workplace Safety

1. Fair Labor Standards & Anti-Discrimination

Human resources are the core foundation of our operational success. Ancorotti Cosmetics S.p.A. ensures fully compliant employment contracts, competitive remuneration, and ongoing technical training. We uphold equal opportunity principles and maintain zero tolerance for discrimination based on race, gender, nationality, age, religion, disability, marital status, or political affiliation.

2. Health, Safety & Environmental Standards (ISO 45001 & ISO 14001)

We maintain advanced safety infrastructure to safeguard workplace well-being, adhering rigorously to ISO 45001 (Occupational Health and Safety) and ISO 14001 (Environmental Management) certified standards. All employees receive regular training on risk prevention, safe machinery operation, hazard containment, and environmental conservation.

3. IT Security & Intellectual Property Protection

Corporate technology assets, cosmetic formulation formulas, R&D patents, and B2B client data must be protected against unauthorized access, distribution, or misuse. All staff must follow established cybersecurity procedures and preserve confidential brand intellectual property.

Section III: Implementation, Oversight & Whistleblowing

Compliance with this Code of Ethics is mandatory for all executive management, full-time staff, external contractors, and supply chain partners. Ancorotti Cosmetics S.p.A. operates an independent Supervisory Body (Organismo di Vigilanza) tasked with reviewing reported compliance concerns, monitoring policy adherence, and conducting periodic ethical audits.

Violations of this Code constitute a breach of contractual duties, subjecting non-compliant parties to disciplinary sanctions, contract termination, and potential legal prosecution.