California Transparency in Supply Chains Act

On 1 January 2012, the California Transparency in Supply Chains Act of 2010 ("SB 657") came into effect in the State of California. The new law requires companies doing business in California, subject to certain criteria, to disclose any efforts they have taken to eliminate human trafficking and slavery from their supply chains. As described by the United Nations Office on Drugs and Crime ("UNODC"), human trafficking is a crime against humanity, which:

"involves an act of recruiting, transporting, transferring, harbouring or receiving a person through a use of force, coercion or other means, for the purpose of exploiting them."

SB 657 aims to make information available to consumers, to enable them to make more informed decisions regarding the products they buy and the companies with which they choose to do business.

Sidel, one of the three industry companies of the Tetra Laval Group, is a world leader in solutions for the packaging of liquid foods - a pioneer with over 50 years of history in the development of beverage packaging technologies.

To that end, our global Corporate Governance framework sets forth the processes, policies and laws governing the way our company is directed, administered and controlled. We live by our Company Values and the Tetra Laval Code of Business Conduct and, in doing so, we commit that:

The Companies of the Tetra Laval Group do not use or tolerate any forced or compulsory labour, including without limitation child labour, in any of our operations. We screen and qualify our suppliers, and hold them to no less than the same standards and obligations.

The Companies of the Tetra Laval Group are committed to providing safe and healthy working conditions for all of our employees in all parts of the world.

The Companies of the Tetra Laval Group do not tolerate any kind of harassment or abuse in the workplace.

The Companies of the Tetra Laval Group recruit, employ and promote employees on the sole basis of qualifications and ability. We tolerate neither negative nor positive discrimination.

We raise continued awareness of and ensure compliance with these important commitments through frequent global employee training and ongoing company-wide communications on Corporate Governance. In addition, we monitor our business operations through our internal and external audits, Corporate Governance Office, Compliance Leaders Network, Legal Representatives and Supply Chain Staff worldwide.

Sidel is genuinely committed to high standards of ethical corporate behaviour, towards our customers, employees, our shareholders and our global community.

For further information on Sidel's compliance policies, please contact governance@sidel.com