Paret Mining LLC - Company Mission & Compliance Policy

Mission Statement
Paret Mining LLC's mission is to foster economic development and uphold ethical business practices by prioritizing integrity, transparency, and sustainability in all operations. Through innovative exploration and responsible resource management, the company aims to bring stability and long-term benefits to the communities where mining activities take place. Additionally, Paret Mining LLC is committed to strict environmental compliance, ensuring that its operations not only meet regulatory standards but also contribute to the preservation and well-being of the natural ecosystem.

1. Purpose
Paret Mining LLC is committed to conducting business ethically, lawfully, and with integrity. This policy establishes guidelines to prevent bribery and corruption in all business activities and relationships.

2. Scope
This policy applies to all employees, officers, directors, agents, contractors, and business involving Paret.

• Paret Mining LLC strictly prohibits any form of bribery, corruption, kickbacks, or facilitation payments.

• Employees and representatives must not offer, promise, give, request, or accept bribes, including cash, gifts, hospitality, or other benefits intended to influence business decisions.

• All business dealings must be transparent, properly documented, and conducted with integrity.

4. Due Diligence

• Prior to engaging with third parties, Paret Mining LLC will conduct due diligence to assess corruption risks.

• Due diligence includes verifying the reputation, ownership structure, and legal compliance of prospective business partners.

• Ongoing monitoring of third-party relationships will be conducted to ensure continued compliance.

5. Ethical Business Conduct

• Employees must avoid conflicts of interest and disclose any personal or financial interests that may influence decision-making.

• Business decisions must be based on merit, fair competition, and lawful practices.

• Any known or suspected unethical behavior must be reported immediately to management.

6. Compliance and Enforcement

• All employees and stakeholders are required to adhere to this policy.

• Violations of this policy will result in disciplinary action, including termination and possible legal consequences.

• Paret Mining LLC will provide training on anti-bribery and anti-corruption compliance.

7. Reporting Mechanisms

• Employees and business partners are encouraged to report any concerns confidentially and without fear of retaliation.

• Reports may be made through designated compliance officers or anonymous reporting channels.

8. Accountability and Review

• This policy is subject to periodic review to ensure its effectiveness and compliance with applicable laws and regulations.

• Paret Mining LLC’s leadership is responsible for implementing and enforcing this policy.

Paret Mining LLC Ethics Code

1. Integrity and Honesty

• Conduct all business with honesty, transparency, and respect for the law.

• Uphold commitments and avoid deceptive practices in any form.

2. Legal Compliance

• Comply with all applicable laws, regulations, and industry standards.

• Engage only in lawful business activities that align with ethical principles.

3. Fair Treatment

• Treat all employees, customers, suppliers, and stakeholders with fairness and respect.

• Promote diversity, inclusion, and equal opportunity in all business operations.

4. Environmental and Social Responsibility

• Conduct mining operations responsibly, minimizing environmental impact and promoting sustainability.

• Engage with local communities in a respectful and beneficial manner.

5. Confidentiality and Data Protection

• Protect confidential company and customer information.

• Adhere to all data protection laws and respect privacy rights.

6. Commitment to Excellence

• Strive for quality, safety, and innovation in all aspects of business.

• Foster a culture of continuous improvement and ethical decision-making.

7. Zero Tolerance for Retaliation

• No employee or business partner will suffer retaliation for reporting ethical concerns in good faith.

• The company commits to investigating all reports promptly and fairly.

This policy and ethics code represent Paret Mining LLC’s unwavering commitment to conducting business with integrity, fairness, and full legal compliance.