Albemarle Code of Conduct - Page 37





We seek to ensure that prospective and existing vendors
comply with applicable laws; supply with integrity;
minimize their adverse impact on the environment and
local communities; provide a safe and healthy workplace;
and respect basic human rights of employees and laws
relating to conflict minerals.
We conduct tender processes with transparency, treat
vendor bids as confidential and do not provide any current or
prospective vendor with an unfair or improper advantage.
We monitor prospective and existing vendors to ensure they
are not engaging in collusion or inappropriately exchanging
competitively sensitive information relating to Albemarle.

We seek to avoid actual or potential conflict of interest
arising from the selection or use of a vendor.

We treat our vendors with respect, communicate our
requirements with clarity and transparency, and pay valid
invoices on time.
We expect our contractors and vendors to comply with
our health and safety requirements.

We prohibit our vendors from engaging in bribery,
including facilitation payments, on Albemarle’s behalf.

We only pay for goods and services provided and monitor
our vendors for evidence of fraud or bribery.

We do not use vendors if we suspect that such activity
will violate export or sanctions laws or regulations.

We do not ask, expect or allow a vendor to carry out acts
that would be a violation of this Code or applicable laws.

We avoid business relationships with vendors that may
be engaged in money laundering, a process that seeks
to conceal the proceeds of illegal activities or make the
source of illegal funds look legitimate.
D OI NG BU SINESS A S A GLOBA L C OMPAN Y


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