CHINT Principle:
₋ promotes innovation and a collaborative work;₋ strives to create and maintain a healthy and safe
environment toward its employees and business partners
and everyone who interacts with CHINT;₋ constantly acts with integrity, transparency, dignity andrespect in the performance of the day-to-day activities;
₋ is always grateful for the trust and the investment of its
shareholders and investors.
CHINT ICP:
In order to better protect our values and identity, it is apriority that everyone, individually or collectively, behave
in harmony with our values set out in our Integrity andCompliance Programme.
Our ICP is integral part of our business and it is vital for its
existence, its success and for our common wellbeing andharmonious human development because the principles of
our Integrity and Compliance Programme derives fromessential elements of our culture such as honesty, loyalty,
integrity, sharing values and reciprocal assistance.

Since the establishment of CHINT, we have developed
business relations with an extensive network of Business
Partners. Our choice is based on quality, needs,
performance, and costs but it essential that our relationshipbe lawful, ethical, sustainable and mutually beneficial.
This is the reason CHINT required, requires and shallcontinue to require to work only with Business Partners
who are as committed as we are to business ethics, to fairsales and marketing practices, to confidentiality andintellectual property protection, to zero-tolerance standards
for any Misconduct.CHINT has made responsible businesspractices a core element of our Business Partners’
management processes.
Therefore, it is our declared objective to closely cooperate
for making sustainability a fundamental part of our business
relationships. This includes a clear commitment to clean
business.
Please take the time to read this Code, which is a part of ourIntegrity and Compliance Programme, carefully andunderstand it. Thank you and we look forward to working
together!
Sincerely Yours
NAN Cunhui
Chairman of the Board of Directors
December 2019

1.

Introduction to the Business Partners’ Code of
Conduct

1.1.

CHINT Integrity and Compliance Programme

CHINT’s Integrity
composed by:andCompliance

Programme

2.

There are serious consequences for breaching this Codeand any applicable laws, including the loss of futurebusiness dealings with CHINT, heavy indemnities andpossiblytheterminationofthebusinessrelationship,without any indemnity due to the Business
Partner.

isa) The Code of Integrity, Compliance and BusinessConduct (the “ICP Code”), which sets forth the rules, theprinciples and the procedures of CHINT’s compliance &integrity policy as well as ethical and respectful businessconduct ;3.

Definitions

In this Code the defined terms shall have the following
meaning, unless this Code otherwise provides for.
“Business Partners”: means any individuals or entities
which / who are in business relation with Chint or withwhom Chint intends to be in business relation, whether or
not they act on its behalf. The Business Partners include
but are not limited to agents, distributors or otherintermediaries, resellers, franchisees, purchasers, cocontractors, subcontractors, sales representatives, customs
agents, visa agents, business development consultants orbusiness introducers, general consultants, joint venture’s
partners, in-country EPC partners, consortium partners,
lawyers, accountants, financial consultant or otheradvisors.In this Code reference to “you” or “your” refer tothe Business Partners.

b) This Business Partners’ Code of Conduct (the “Code”)
which sets out the rules and principles which guide ourbusiness decisions and behaviour in order to ensure
integrity and transparency in all aspects of CHINT’s
relationships with its Business Partners ;c) The standard operational policies (“SOP”), guidelines,
instructions adopted in application of the ICP Code and this
Code.
1.2.

Consequences of the breach of this CodeApplication of this CodeThis Code applies in addition to any and all applicablenational and international laws wherever the business of
CHINT is conducted. This Code is a mandatory
requirement for doing business with Astronergy. It
applies to all of Astronergy’s Business Partners, theiremployees and their business partners.

“CHINT”: means Chint Group Corporation and its
subsidiaries and sub-subsidiaries. (Astronergy is a
subsidiary of Chint Group Corporation) In this Codereference to “us” or “our” refer to CHINT.
“Misconducts”: means Corruptive practices, Fraudulent
practice, Collusive practice, Coercive practice or
Obstructive practices.

CHINT reviews and updates regularly this Code. You will
find
the
most
recentversiononhttps://www.astronergy.com.cn/faith/index.html.

“Corrupt practices”: means any of the following Public
or Private Corrupt practices:

It is critical that this Code be put to use on a daily basis andthat CHINT’s Business Partners uphold and convey its
values within their organisations.

“Bribery”: the offering, promising, giving, authorizing or
accepting of any undue pecuniary or other advantage to,by or for a public official at international, national or local
level, a political party, party official or candidate topolitical office, and a director, officer or employee of anEnterprise, or for anyone else in order to obtain or retain abusiness or other improper advantage, e.g. in connection
with public or private procurement contract awards,
regulatory permits, taxation, customs, judicial andlegislative proceedings.

This Code gives an overview of the topics that are mostimportant to maintaining ethics in our business relationship,
it is not meant to be comprehensive and all-inclusive.
In addition to this Code, CHINT adopted a Business
Partners SOP, the terms of which the relevant CHINT’sentity communicates to a Business Partner since theestablishment of a contact with a Business Partner.

Bribery often includes (i) kicking back a portion of acontract payment to government or party officials or toemployees of the other contracting party, their close
relatives, friends or Business Partners or (ii) using
intermediaries such as agents, subcontractors, consultants
or other Third Parties, to channel payments to governmentor party officials, or to employees of the other contracting
party, their relatives, friends or Business Partners.

This Code is not meant to me a legal advice and therefore,
you may also need to consult with your own advisors orcounsels.

1“Extortion or Solicitation”: the demanding of a bribe,
whether or not coupled with a threat if the demand isrefused.

“Public Official”: means any individual holding a
legislative, administrative, or judicial office at any levelof government, national, or local. International civil
servants are also public officials. Employees of public
Persons (Persons over which a government, central or
local, exercises a dominant influence) are public officials
unless the Person operates on a commercial basis on its
market like a private company. Employees of a private
Persons performing an activity in the private interest suchas customs inspections or tasks delegated in connection
with public procurement are also considered as public
officials in that respect.

“Trading in influence”: the offering or solicitation of anundue advantage in order to exert an improper, real, or
supposed influence with a view to obtaining from a public
official an undue advantage for the original instigator of theact or for any other person.
“Laundering the proceeds of Bribery, Extortion or
Solicitation or Trading in influence”: the concealing or
disguising the illicit origin, source, location, disposition,
movement or ownership of property, knowing that suchproperty is the proceeds of crime.

“Public Corrupt practice”: means any form of Corrupt
Practice where the purpose of the Corrupt Practice is toobtain an undue advantage from an act or omission of a
Public Official in relation with his/her public duties.

“Fraudulent practice”: means any act or omission,
including a misrepresentation, that knowingly or recklessly
misleads, or attempts to mislead, a party to obtain afinancial or other benefit or to avoid an obligation.
“Collusive practice”: means an arrangement between two
or more parties designed to achieve an improper purpose,including to improperly influencing the actions of anotherparty.

4.

Compliance and Integrity

4.1.

Prohibition of any Misconduct

Any Misconduct is strictly prohibited. Committed tomaintain the highest standards of integrity and complianceconduct in the completion of our daily activities and to
abide by our values and further be compliant with the
obligations within the ICP Code, CHINT is committed to:“Coercive practice”: means impairing or harming, or
threatening to directly or indirectly impair or harm any
party or the property of the party, in order to improperly
influence the actions of a party.

₋ zero tolerance of any Misconduct,₋ making integrity and the combats against Misconducts
central to CHINT’s culture,“Obstructive practices”: refers to:₋deliberately destroying, falsifying, altering, or concealingof evidence material to the investigations or making false
statements to investigators in order to materially impede
any investigation, into allegations of a corrupt, fraudulent,
coercive, or collusive practice; and/or threatening, harassing
or intimidating any party to prevent it from disclosing its
knowledge of matters relevant to the investigation or frompursuing the investigation, or₋ Ensuring upstream and effective control and monitoring inorder to prevent, to detect and to remedy any behaviour thatwould be unethical or non compliant or would constitute a
Misconduct or a breach of law,
₋ Following permanent and continuous improvement of therequirements and standards,
₋ Ensuring an efficient protection and incentive of whistler
blowers₋acts intended to materially impede the exercise theinspection and audit rights by the relevant authority or
institution.

4.2.
“Person”: means an individual, legal entity, partnership,association, trust, foundation not having the form of legal
entity.

General expectation

CHINT expects its Business Partners to conduct theiractivities in accordance with the highest legal, ethical andprofessional standards and to adhere to its businessstandards, culture values and to the principles and rules set
forth in the ICP Code and the Business Partners Code.

“Private Corrupt practice”: means any form of Corrupt
practices where the purpose of the Corrupt practice is toentice a private individual, such as a director, officer or
employee of a private sector Person to breach his/her duties
towards that Person.

CHINT further expects that its Business Partners adopt
robust and effective Integrity and Compliance rules
equivalent to the ICP Code.

2

4.3.

₋ Require the Business Partner, to report more, generally
Principle governing our relationship with the any circumstance which may be considered as a
Misconduct or may read to Misconduct or, more generally,
Business Partners
to a breach of the Business Partner’s Integrity andCompliance Undertakings,

In addition to the requirements for fair high quality business,
the Group builds its relationship with the Business Partners
through the rules outlined below.

₋ Require the Business Partner, to give access to its books
for compliance and integrity audit of the activities under
the contract entered into with CHINT.

4.3.1. Risk assessment and due diligence

4.3.4. Training

Prior to selection of and contracting with a Business Partner,
CHIN Group carries out compliance risk assessment anddue diligence in order to evaluate, identify and understandthe potential legal, financial, reputational and integrity &compliance risks.

CHINT shall organize appropriate compliance andintegrity training session of the Business Partners.
4.4. Sanctions
Without prejudice to the generality of article 2 above,
CHINT shall have the rights set forth below.

Each Business Partner has to reply the identification andcompliance questionnaire and provide documentation
supporting the answers in that questionnaire.

4.4.1. In relation to the risks assessment and due diligenceprocess

Please refer to the general form of the identification andcompliance questionnaire attached to this Code.

In the event the Business Partner refuses to answer thequestions or to provide inaccurate information or
supporting document or, more generally, refuses tocooperate with CHINT, CHINT shall have the right,
without any indemnity due to the Business Partner, tosuspend the selection process, to refuse to contract or, if
the contract is executed, to suspend or terminate it.

CHINT can vary and amend this questionnaire as it deems
be necessary for the purpose of adequate risks assessment
and due diligence.
4.3.2. Business Partner’s
Undertakings

IntegrityandCompliance4.4.2. In relation to the Business Partner’s Integrity andCompliance Undertakings

Each Business Partner must sign, in parallel with theexecution of the relevant contract with CHINT, the Business
Partner’s Integrity and Compliance Undertakings the formof which is attached to this Code.

In the event the Business Partner refuses to sign theBusiness
Partner’s
IntegrityandCompliance
Undertakings, CHINT shall have the right, without any
indemnity due to the Business Partner, to refuse to sign
the relevant contract with the Business Partner.

CHINT can vary and amend the Business Partner’s Integrity
and Compliance Undertakings it deems be necessary.
4.3.3. Ongoing monitoring of Business Partners

In the event of a breach of the Business Partner’s Integrity
and Compliance Undertakings, without any indemnity due
to the Business Partner, require the Business Partner toapply corrective measures, including focused training
programme under CHINT’s supervision, or suspend or
terminate the business relationship with the Business
Partner.

CHINT monitors the Business Parties’ activities during theentire relationship to ensure continued compliance with allapplicable laws, the ICP Code, the Business Partners Codeand the SOPs. For the purposes of the monitoring, CINHT
Group may, without limitation:
₋ Carry out further due diligence and risks assessment,
₋ Require the Business Partner to report on any payments
made by the Business Partner to any third parties, including
Pubic Officials, in connection with the performance of thecontract entered into with CHINT, with explanation of thereason for such payments and supporting documents,34.4.3. In relation to the ongoing monitoring

Physically Demanding Work. Business Partners must
continually identify, evaluate, and control physicallydemanding tasks to ensure that employee health and safety
is not jeopardized.

In the event, during the monitoring and controls process:₋ Any noncompliance with the ICP Code, the Business
Partners Code or the the Business Partner’s Integrity andCompliance Undertakings, becomes apparent, the Business
Partner will be expected to initiate a corrective action plan.
Where relevant, CHINT shall work with Business Partner toimprove its processes and procedures as it thinks fits andwill require Business Partner to actively engage in andimplement the same,

Emergency Preparedness and Response. Business
Partners must identify and plan for emergency situations
and implement and train their employees on response
systems, including emergency reporting, alarm systems,
notification and evacuation procedures, training and drills,
first-aid supplies, fire detection and suppression
equipment, and unblocked exit facilities.

₋ If the Business Partner does not apply the corrective
measures plan, without justification, the Group reserves theright to reconsider the continuation of the business
relationship or to terminate the business relationship,
without any indemnity due to the Business Partner,

Machinery Maintenance. Business Partners must
implement a regular machinery maintenance program.
Production and other machinery must be routinely
evaluated for safety hazards.
Sanitation and Housing. Employees must be provided
with reasonable access to clean toilet facilities and potabledrinking water. If Business Partners provide a canteen orother food accommodations, they must include sanitary
food preparation, storage, and eating accommodations. If
Business Partners provide residential facilities for theiremployees, they must provide clean and safe
accommodations with free movement privilege.

₋ If A Misconduct becomes apparent and no corrective
measures could apply, CHINT may terminate the business
relationship, without any indemnity due to the Business
Partner, and if the Misconduct is a criminal offence, toinform the competent authorities.
4.4.4. In relation to the training sessions
The refusal from a Business Partner or the nonattendance tothe training sessions shall be taken into consideration in theevaluation of the relationship with such Business Partnerand may lead to suspension or termination of therelationship given the results of the overall evaluation.
5.

Business Partners must properly manage the operation ofdangerous goods and devices.
6.

Respecting employees’ and children’s rights

6.1.

Human rights

Health and Safety
We expect our Business Partners can support and respect
internationally proclaimed human rights that are expressedin e.g. the International Bill of Human Rights, and ensure
they are not involved in human rights violations. Business
Partners shall identify their human rights impacts,
implement mitigation actions when required and provide
remedial action in the event of human rights violations

CHINT is committed to maintaining safe workplaces andhave developed multiple safety guidelines, procedures andpolicies to protect people working at CHINT. We also
maintain drug and alcohol free workplaces and forbid the
distribution, sale, purchase, exchange, possession and use ofillegal drugs in the workplace. Smoking is only permitted indesignated areas at CHINT’s worksites.

6.2. Conflict minerals
We expect Business Partners’ personnel working at
CHINT’s premises to comply with CHINT’s health andsafety instructions.

Conflict minerals are certain types of raw materials thatcome from specific regions where human rights violationsand violent conflicts are occurring. Business Partners must
actively avoid acquiring, trading, possessing or otherwise
furthering the use of these conflict minerals.

Occupational Safety. Business Partners must educate
employees on safety procedures and also control the
exposure to potential physical safety hazards byimplementing physical guards, barriers, and/or engineeringand administrative controls. Employees must be informed
and receive appropriate education in advance if they will beworking with (or otherwise exposed to) hazardous or
dangerous conditions or materials. In addition, employees
must be given appropriate personal protective equipment
and educated and trained on the proper use of such
equipment. Business Partners must manage, track, andreport occupational injuries and illnesses.

CHINT also helps customers meet their obligations
pertaining to conflict mineral legislations and expect its
Business Partners to cooperate and provide required
information.
6.3. Anti-Child LaborCHINT combats forced labour and child labour. Moregenerally, we comply with ILO Convention and we expect
our Business Partners to subscribe to the same obligationand strictly comply with the related legislations.

4Business Partners must engage employees who satisfy thefollowing requirements: (i) older than 16; (ii) the age ofcompletion of compulsory education; or (iii) the minimum
age to work in the country where the work is performed.
Furthermore, employees under the age of 18 must not
perform hazardous work. Business Partners shall keep therecords of each employee’s date of birth or confirm the ageof each employee in a legal manner.

Employees shall not be required to pay recruitment, hiring,or other similar fees related to their employment. Business
Partners must bear or reimburse their employees the costof any such fees. All fees and expenses charged to
employees must be disclosed to the Company andcommunicated to employees in their native language inadvance of employment. The Company also expects ourBusiness Partners to hold their third-party labor agents or
brokers to the standards and practices covered by the
Code.

Business Partners shall comply with the laws andregulations regarding the minimum working age. It is
prohibited to hire employees of any age, including
apprentices or technical school students, in violation of local
regulations on the minimum working age and the age ofcompulsory education.

6.5. Working TimeBusiness Partners shall comply with all applicable laws
related to regular working hours, overtime and benefits.
Business Partners shall provide all employees with
documents related to salary, working hours (including
overtime), wage standards, benefits and any deductions.

If there is no independent document, Business Partners must
confirm the age of employees in other legal and reliable
manner. Business Partners shall properly keep records andmake copies of the supporting documents related to theemployee’s age.
6.4.

Business Partners must provide rest days, public holidays
and paid holidays. Except in unusual or emergency
situations, each employee must be entitled to at least one
day off for every seven-day work period. In all
circumstances, working hours must not exceed the
maximum amount permitted by law.

Anti-Forced Labor

We expect our Business Partners shall not use any form offorced, bonded, compulsory labor or modern forms ofslavery.

6.6. Wages and Benefits
Business Parteners shall hire employees on a voluntary basis,and shall not use prison workers or enslaved workers, andshall not physically injure employees or perform any otherform of forced labor. Business Partners must not traffic
employees or in any other way exploit employees by meansof threat, force, coercion, abduction, or fraud.

Business Partners shall fairly pay wages and provide
benefits to all employees in accordance with therequirements of applicable laws.
Business Partners shall pay their employees the wages thatsatisfy the applicable minimum wages or the local
industry minimum wage standard.

Working must be voluntary, and employees must be free toleave work and terminate their employment or other work
status with reasonable notice.

Business Partners shall pay their employees the overtimeand bonus in accordance with the requirement ofapplicable laws.

Business Partners shall not use forced labor - imprison, debt
bondage, indentured, or otherwise. Supplier shall not force
overtime work. Business Partners shall not detain employees
or restrict their freedom of movement.

Business Partners shall pay all benefits in accordance withthe requirement of applicable laws, without unlawful
deduction.

Business Partners must not require employees to surrender
government issued identification documents, passports, orwork permits as a condition of working, and Business
Partners may only temporarily hold onto such documents tothe extent reasonably necessary to complete legitimate
administrative and immigration processing.

Business Partners must communicate with theiremployees concerning wages, bonus and benefits that they
are entitled to receiving under applicable laws by
providing payroll or other payment documentation.
Deductions from wages as a disciplinary measure are notpermitted.

56.7. Freedom of Association

We expect our Business Partners to comply with the same
principles and to contribute to the protection ofenvironment by helping us reduce our consumption of raw
materials and energy, optimize natural resources andreduce waste discharges during the design, manufacture,
distribution, use and recycling of all of our products.

Business Partners must respect the rights of employees toestablish and join a trade union of their own selection, andthe rights of collective bargaining in a peaceful and lawfulmanner.
Business Partners must comply with all laws governing
trade union and collective bargaining.

Environmental Permits and Recordkeeping. Business
Partners must obtain and keep records of all required
environmental permits, approvals, and registrations andfollow applicable operational and reporting requirements.

Employees shall not be subjected to harassment,
intimidation or retaliation for the exercise of their rights tojoin trade union and collective bargaining.

Effective Management and Disposal of Hazardous
Substances. Business Partners must effectively identify
and manage the safe handling, movement, storage, anddisposal of chemicals and other substances that pose athreat to the environment, including providing employeeswith appropriate training on the safe-handling anddisposal of hazardous substances. Business Partners mustalso monitor and control wastewater or solid waste
generated from business operations before disposing inaccordance with applicable laws. In addition, Business
Partners must characterize, monitor, control, and treat
regulated air emissions before discharging in accordancewith applicable laws.

Business Partners must keep their employees' complaints asconfidential.
6.8. Immigration ComplianceBusiness Partners shall hire employees who have a legal
right to work. If Business Partners hire foreign or migrant
employees, such employees must be hired in fullcompliance with the immigration and labor laws of the hostcountry.
6.9.

Working Environment
Continuous Improvement. The Company encourages
our Business Partners to continuously improve and reduce
waste. The Company welcomes suggestions and feedback
from our Business Partners to improve the Company's
own operations and processes.

Also as a global group, CHINT value and encourage
diversity. We also combat discrimination and harassment:
Any sexual or psychological harassment, bullying or othersuch conduct that interferes with an individual’s work
performance or creates an intimidating, hostile or offensive
work environment, is totally forbidden at CHINT, even if
there is no relation of job subordination between the parties.

8.

Doing business fairly

CHINT believes that fair business, together with thecompliance and integrity, ensure business success andsustainability long into the future.

In that respect, Business Partners need to ensure that theiremployment practices are free from any kind of
discrimination, in particular vis-à-vis unionists, employees
representatives, or women. They also need to recognize theprinciple of equal remuneration for men and women.

8.1. Combating antitrust practices

If finding in Business Partners’ supply chain that any
warning signal of the above statement may no longer bevalid, the Business Partners shall immediately notify
CHINT in writing.

We expect all of our Business Partners to abide by thesame rules and to neither collude with competitors incartels, engage in price-fixing, market sharing and bid
rigging or exchange sensitive business data withcompetitors in an attempt to restrict competition.

7.

8.2. Conflicts of interest

Environment protection

CHINT, involved the innovation and technology progress,
works in compliance with all local environmental laws andforbid the manufacturing or selling of products that present
an unacceptable risk for individuals’ health and theenvironment.

Conflicts of interest can hinder the success of a company,
lead to economic damages and also tarnish the company’s
reputation if they become public, for instance, if theconflict of interest leads to uneconomical decisions, if
customers get lost because they lose confidence in the
integrity of the company or if restricted information isdisclosed as a result. In some cases, conflicts of interest
might also bear Misconduct or antitrust risks.

6

A “conflict of interest” exists when an employee’s privateinterests supersede or interfere with CHINT’s interests orwhen an employee or a close relative might benefit
personally from a transaction involving a company in the
CHINT.

When interacting with CHINT, Business Partners are
required to act in compliance with these obligations andare expected to provide CHINT with information
regarding their international business dealings, the origin
and/or export classification of products/materials they aresupplying to CHINT, and/or confirm in writing the enduse and/or end-user of CHINT products they arepurchasing from, or distributing on behalf of, CHINT.

Employees are expected to make business decisions that are
based solely on CHINT’s best interest and prohibited fromentering into any conflict of interest.

Neither a Business Partner, nor any parent, subsidiary,
affiliate, supplier, or associated company can be included
on any of the restricted party lists maintained by the U.S.
Government and the EU’s Consolidated list of sanctioned
persons and any other, nor can be owned or controlled byor acting on behalf of a restricted party (collectively,“Restricted Parties”).

Therefore, investing, directly or indirectly, in a Business
Partner working with CHINT, a supplier's parent company
or its subsidiaries is not permitted. Business Partners cannot
either lend money to CHINT employees, nor directly or
indirectly propose or give any kickbacks.
8.3. Confidentiality

8.6. Inside information
At CHINT, we protect our information, know how, IP rights
and more generally our confidential and strategic
information.

In the performance of our activities, we may have accessto “inside information”.

We are extremely cautious as to the integrity and safety of
our Information technology network and devices as well as
the exchange of information, be it directly, via it systems oron the social media.

The “inside information’ is generally defined as
knowledge held by an entity that would be crucial,significant and precise, not generally publicly available,
and which, if disclosed, would be likely to have asignificant effect on the price of the shares or others
securities on financial markets. Inside information may
include non-public information related to financial aspects,
plans for dividend, any mergers or acquisitions projects,
new contracts or any others matters which are sensitiveand confidential.

We respect the intellectual property and confidential
information of others as well as the confidentiality of theirdata, projects, trade secrets, copyrights and other intellectual
property, including software, images and publications.
Ensuring confidentiality and Cyber security takes discipline
and attention. We expect our Business Partners to strictly
comply with our IT rules when using devices provided by
CHINT. We also expect them to respect confidentiality orrights and to use information disclosed or rights provided
for the sole purpose of fulfilling their obligations vis-à-vis
CHINT.

Trading on shares or other securities while being inpossession of inside information is illegal and unfair and
CHINT prohibits is clearly.
We expect that our Business Partners comply with thesame prohibition.

8.4. Data Protection

9.

We carefully protect personal data. We collect, use andstore our Business Partners personal Data for the sole
purpose of managing the business and/or contractual
relationship.We expect our Business Partners to comply
with the applicable laws and regulations related toprocessing of personal data regulation.

9.1. Management system

Management and Correctve

CHINT has established a management system to ensurecompliance with applicable laws and the Code and to
facilitate continual improvement. CHINT requires
Busniess Parteners also to establish the following
management requirements:

8.5. Complying with Export/Import and Economic
sanctions restrictions

Management Accountability and Responsibility.
Business Partners must have designated representatives
responsible for implementing the management system andprogram that oversee compliance with applicable laws aswell as the Code. Senior management must routinely
review and assess the quality and efficiency of the
management system and program. The Company also
expects our Business Partners to hold their Business
Partners and subcontractors to the standards and practices
covered by the Code.

CHINT is committed to compliance with the applicablelaws and regulations that govern the importing andexporting of goods, services, technologies and information,
including re-exports and parallel trade.

7

Risk Management. Business Partners must establish aprocess to identify the environmental, health, safety andethical risks associated with the operational and labor
practices. In addition, the management shall develop an
appropriate process to control identified risks and ensure
regulatory compliance.

We require suppliers to promptly provide a detailed
remediation plan and take corrective actions for deviations
from the Code, and the Company will track suppliers’
remediation efforts. Company may (without liability)
terminate its relationships with any supplier found to be in
violation of the Code, including for denying prompt
access to our auditors

Training. The management must maintain appropriate
training programs for managers and employees toimplement the standards in the Code and to comply withapplicable legal requirements.

10. How to report Misconducts or to contacts us forany questions that you may have in relation tothis CodeCommunication and Employee Feedback. Business
Partners must clearly and accurately communicate andeducate employees concerning the Company’s policies,
practices and expectations. In addition, the Company
encourages Business Partners to partner with us to
implement a process to assess the employees' understandingof the standards and practices covered by the Code.

10.1. Reporting of Potential Misconduct
It is essential that CHINT obtains knowledge of any
Misconduct that any CHINT’s, employees, or Business
Partner or its employee or business partner may commit.
Reliable reporting channels are indispensable for effective
compliance, because they help ensure that potential
Misconduct is reported, thoroughly investigated, brought
to light and properly sanctioned.

Documentation and Records. Business Partners must
establish, retain and dispose of business records in fullcompliance with applicable legal requirements along withappropriate confidentiality to protect privacy.

10.2. Compliance Hotline “Chint listens to you”
The compliance hotline “Chint listens to you” is a secure
way of reporting potential compliance violations. Reports
can be submitted at any time, in a safe, confidential and if
desired, anonymous manner, either online or by telephone.

9.2. Correcctive plan
CHINT regularly evaluates and corrects the operation ofIntergrity and Compliance Programme, and its own
complaicne. CHINT also requires that Business Partners’
compliance with the Code is subject to the Company’s
review, including third-party auditing of work andresidential facilities and conducting confidential employee
interviews.

Incoming reports are not traced and reporting parties are
not automatically registered.
All reports are treated confidentially.
“Chint listens to you” can be reached via a secure
external Internet server: Compliance@chint.com or byphone 0086 2167777777-880080.
December 20208