ECONOMIC RESPONSIBILITY

Velcro Companies is committed to compliance with all labor and employment laws. We hire, train, compensate, and promote our employees in a way that ensures no discrimination based on unlawful considerations such as sex, race, color, national origin, religion, disability, age, or sexual orientation.

We expect employees to be treated with respect and dignity by co-workers and supervisory staff and to work in an environment free of harassment or unlawful discrimination. We provide a work environment that is free from forced or bonded labor, unlawful child labor, human trafficking and slavery, and we will not tolerate such practices by Suppliers.

Velcro USA Inc. is committed to offering qualified small business concerns* and qualified minority-owned** and women- owned*** business concerns maximum practicable opportunity to participate as suppliers of goods and services to the Company. Interested parties are encouraged to contact Velcro USA Inc. at SupplierDiversity@velcro.com.

* The term “small business concerns” includes small businesses, small businesses owned and controlled by socially and economically disadvantaged individuals as certified by the Small Business Administration, women-owned, veteran-owned, and service disabled veteran-owned small businesses, and small businesses located in Historically Underutilized Business Zones (HUB Zones) as certified by the Small Business Administration.

** The term “minority-owned business concerns” means businesses that are at least 51% owned by one or more members of the following racial groups: African American, Asian American, Hispanic American or Native American, and, in the case of public companies, whose management and daily business operations are also controlled by members of one or more of such groups.

*** The term “women-owned business concerns” means businesses that are 51% owned by females, and in the case of public companies, whose management and daily operations are also controlled by females.

Everything we do both inside and outside of our company walls is about creating opportunities for ORIGINAL THINKINGTM. Please send us a message to learn more about our social, environmental and economic responsibility efforts.