Company: SXI
Filing Date: 2025-09-05
Form Type: DEF 14A
Source: 0001437749-25-028442
Chunk: 23

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-09-05
Form: DEF 14A
Chunk 23
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 hazard-free workplace. Our Safety Council conducts monthly calls with our CEO and business leaders to review, track, and analyze leading indicators, review incident investigations and identify ways to work more safely.

We achieved our best safety performance to date in FY25; our global TRIR (Number of recordable injuries x 200.000) / Total hours worked) on a rolling 12-month basis, has consistently been reduced from:

| ► | FY23 = 0.86 |
| ► | FY24 = 0.57 |
| ► | FY25 = 0.46 |

Standex TRIR is significantly below the limit for “world-class” companies at 0.7, which is the target for companies striving for excellence in safety.

Achieving a low TRIR requires a strong safety culture, proactive risk assessments, and robust safety programs focused on preventing incidents from happening in the first place. Monthly safety training sessions are held at each plant, focusing on the findings from risk assessments and near misses, as well as in compliance with current local regulations. Our employees are all fully committed to setting more challenging standards with a focus on Zero Harm. To assist this effort, we recently constituted a Health & Safety Council to standardize procedures for hazard identification and risk assessment.

One of our plants is ISO 45000 certified and a second one anticipates receiving its certification in January 2026. In China, three plants are Level 2 and 3 of China Work Safety Standardization.

2025 Proxy Statement 29

Other Risk and Governance Matters

Compliance

We view compliance with applicable laws and regulations as a foundational minimum for ethical business practices. The Board oversees our compliance policies and procedures to ensure the effective performance of management’s duties. Having our Code of Conduct apply to all employees globally, as well as the Board, sends the message that we are all committed to doing the right thing. Our specific compliance policies detail the ethical framework found in the Code of Conduct. Together, these compliance efforts assure that we act effectively and efficiently in the best interests of shareholders. In addition, during FY 2025, we hired a dedicated Corporate Compliance Counsel with responsibility for further improving our compliance policies and procedures, enhancing our compliance training initiatives, and investigating any alleged violations of these policies.

Code of Conduct and Code of Ethics for Senior Financial Management

Management has the primary responsibility for creating, maintaining and administering programs to ensure employees’ compliance with the Code of Conduct and the Code of Ethics for Senior Financial Management, (the “Codes”), both of which are available by going