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Compliance commitment

In respect of corruption and antitrust violations, the Executive Board of TK Elevator GmbH has committed itself to Compliance Program and thus unequivocally expresses its stance on Compliance with the corresponding laws and Group policies.

Compliance commitment*

Corruption and antitrust violations are not tolerated (Zero Tolerance).

For us, bribes and cartel agreements are not a means of winning business. We would rather forgo a contract and fail to reach internal goals than act against the law.

All employees are requested to contribute actively in their areas of responsibility to implementing the Compliance Program of TK Elevator.”

With its Compliance program, TK Elevator has taken wide-ranging measures to ensure Compliance with corruption and antitrust regulations and the Group policies based thereon. Infringements will not be tolerated and will result in sanctions against the persons concerned. All Executive board members and managing directors, all senior executives and other employees must be aware of the extraordinary risks which corruption and antitrust violations can signify for TK Elevator as well as for them personally.

* Resolved by the Managing Board of TK Elevator GmbH on May 18, 2021.