Kennametal Inc.
1600 Technology Way | Latrobe, PA 15650 USA
www.kennametal.com

PRINCIPLES OF SUPPLIER CONDUCTOVERVIEW
Kennametal’s commitment to integrity extends to its diverse and worldwide supply base.
To ensure that suppliers conduct business with a high degree of integrity and in a
responsible manner, all of Kennametal’s suppliers must conduct their business in amanner consistent with these Principles. Suppliers should also become familiar with thebusiness practices of their suppliers and sub-contractors and ensure they operate within
the Principles outlined herein. Failure to abide by these Principles may result in
discontinuance of business relationships with Kennametal. Particular supplier contracts
may contain more specific provisions addressing some or all of these issues.
KEY EXPECTATIONSConflicts of Interest
Employees of Kennametal should act in the best interest of the Company, and therefore
should have no relationship, financial or otherwise, with any supplier that might conflict,or appear to conflict, with the employee’s obligation to act in the best interest ofKennametal. Friendships outside of the course of business are inevitable andacceptable, but suppliers should ensure that any personal relationship does not
influence Kennametal employee’s business judgment. If a supplier employee is a family
relation (spouse, parent, sibling, grandparent, child, grandchild, mother- or father-in-law,or same or opposite sex domestic partner) to an employee of Kennametal, or if asupplier has any other relationship with an employee of Kennametal that might
represent a conflict of interest, the supplier must disclose this fact to Kennametal orensure that the supplier employee does so.
Gifts, Meals, and Entertainment
Employees of Kennametal are prohibited from accepting anything more than modest or
nominal gifts, meals and entertainment from suppliers. Ordinary business meals andsmall tokens of appreciation such as gift baskets at holiday time generally are fine, butsuppliers should avoid offering Kennametal employees travel, frequent meals, orexpensive gifts. Gifts of cash or cash equivalents, such as gift cards, are never allowed.
Business and Financial Records
Both the supplier and Kennametal must keep accurate records of all matters related tothe supplier’s business with Kennametal. This includes the proper and accurate
recording of all expenses, payments, and timekeeping records, and is particularly criticalwhen a supplier is performing services or supplying goods to Kennametal under aKennametal Principles of Supplier Conduct

Revision: October 2023

government contract. Errors or omissions should be promptly brought to the attention ofKennametal for reconciliation.
Improper Payments
Bribery and kickbacks are illegal and subject to criminal penalties in many countries,including the United States. Bribes, kickbacks and similar payments to government
officials, Kennametal employees or agents acting on Kennametal’s behalf are strictly
prohibited. This prohibition also applies in areas where such activity may not violate
local law, and suppliers should work against corruption in all its forms, including but notlimited to extortion, bribery, and money laundering.
Child and Forced Labor
Kennametal will not engage in or support the use of child labor. Suppliers must comply
with applicable local child labor laws and employ only workers who meet the applicableminimum legal age requirement for their location. In the absence of local law, suppliers
shall not employ children under the age of 14. Kennametal also does not engage in or
support the use of forced or involuntary labor and will not purchase material or services
from a supplier utilizing forced or involuntary labor. All suppliers should ensure theirpractices do not encourage the use of forced, compulsory, or child labor.
Complying with Global Trade Requirements
Kennametal is committed to complying with all applicable global trade laws andregulations, including the proper handling of export-controlled information and products.
Suppliers are expected to know, understand, and comply with applicable U.S. and othertrade laws and regulations in providing products and services to Kennametal. This
includes the proper handling of export-controlled information and materials that aresupplied to or on behalf of Kennametal.
Customs Trade Partnership Against Terrorism (CTPAT)
As a Customs Trade Partnership Against Terrorism (CTPAT) partner, Kennametal
works closely with Customs and Border Protection (CBP) to protect the supply chain,
identify security gaps, and implement specific security measures and best practices. Allemployees, contractors, service providers and visitors of Kennametal are expected tocomply with the CTPAT’s Security Criteria, as well as any policies, procedures, andinstructions issued by Kennametal. We strongly encourage all our business partners toparticipate in the CTPAT program and collectively we can provide our customers thesafest and most expeditious cross-border supply chain and assist in the worldwide
campaign to stop terrorism.
Work Conditions, Compensation
Kennametal pays employees a competitive wage. Suppliers must comply with allapplicable wage and hour labor laws and regulations governing employeecompensation and working hours. Kennametal supports diversity and equal opportunity
in employment. Unlawful discrimination in the workplace is not tolerated. Suppliers mustcomply with all applicable local laws concerning discrimination in hiring and employment
practices, and to provide a safe work environment for their employees, while

Kennametal Principles of Supplier Conduct

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encouraging the elimination of discrimination in respect of employment and occupation
throughout the supply chain. Suppliers should also support and respect the protection ofinternational human rights within their sphere of influence and make sure they are notcomplicit in human rights abuses.
Environment, Health & Safety
Kennametal respects the environment and the health and safety of its employees andconducts its operations in compliance with applicable laws and regulations. Suppliers
are expected to conduct their operations in a way that protects the environment andsupports accident prevention and minimizes exposure to health risks, and to comply
with all applicable environmental, health and safety laws and regulations in thecountries in which they operate. Suppliers should support a precautionary approach toenvironmental challenges, undertake initiatives to promote greater environmental
responsibility, and encourage the development and use of environmentally friendly
technologies.
Confidential Information
Kennametal is dedicated to complying with applicable laws concerning proprietary,confidential, and personal information. Suppliers must comply with all applicable laws
and regulations governing the protection, use and disclosure of Kennametal’s
proprietary, confidential and personal information; and to respect the proprietary,confidential and personal information of its customers, where such information isprovided to the supplier.
Responsibly Sourced Materials
Pursuant to its Conflict Mineral Supply Chain Policy, Kennametal is committed to the
responsible sourcing of materials and expects the same commitment from its suppliers.
Kennametal requires all suppliers to comply with Section 1502 of the U.S. Dodd-Frank
Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and the Regulation(EU) 2017/821 of the European Parliament. Suppliers are required to source and supply“conflict free” material originating from the Democratic Republic of Congo and theadjoining countries, and any conflict-affected and high-risk areas (“CAHRAs”) inaccordance and support of applicable regulations. Suppliers shall flow down thesubstance of these requirements to their suppliers and sub-contactors, which perform
work or provide goods or services. Kennametal explicitly reserves the right to audit suchflow down. Furthermore, Kennametal requires all suppliers to certify that no materialdelivered to Kennametal contains any substance originating from the Democratic
Republic of Congo or any adjoining country that would require disclosure by
Kennametal under the conflict minerals provisions of the Dodd-Frank Wall Street
Reform and Consumer Protection Act, or any rule promulgated thereunder.
Kennametal requires suppliers to provide material that conforms with the internationallyrecognized OECD Due Diligence Guidance to address risks outlined in Annex II of such
Guidance in the Regulation (EU) 2017/821, namely:

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•••••Serious abuses associated with the extraction, transport, or trade of minerals;
Any forms of torture, cruel, inhuman, and degrading treatment of humans,including, but not limited to:o Any form of forced or compulsory labor;o Any form of child labor;o Other human rights violations and abuses such as widespread sexualviolence;o War crimes or other serious violations of international humanitarian law,crimes against humanity or genocide.
Direct or indirect support to non-state armed groups;
Direct or indirect support to public or private security forces;
Bribery, fraudulent misrepresentation of the origin of minerals and money
laundering.

Kennametal is committed to sourcing materials and components responsibly andrequires its suppliers to adhere to the same values related to human rights, ethicalbehavior, and environmental responsibility. Kennametal suppliers should work
cooperatively to ensure materials supplied support this commitment.
CONTACT INFORMATION, REPORTING CONCERNS
For questions or comments on these Principles of Supplier Conduct, please contact
your Global Sourcing representative or the Vice President of Global Sourcing:
Tom Hudak
Vice President, Global Sourcing
tom.hudak@kennametal.com
Questions or Concerns can be raised using one of the following confidential options:
Telephone: 1-877-781-7319 (Global toll-free, using AT&T Direct Access)1-724-539-4031 (Caller Paid)
1-724-539-3839 (By Fax)
k-corp.ethics@kennametal.com
By Mail: Office of Ethics and Compliance
Kennametal Inc.
525 William Penn Place Suite 3300
Pittsburgh, PA 1521

Kennametal Principles of Supplier Conduct

Revision: October 2023