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Anti-Slavery Statement

Velcro Companies (collectively, the “Company”) is fully committed to maintaining an ethical balance between social and environmental responsibility as we continue to act in the best interest of society and within our working environment. The Company concentrates on standards that are absolutely critical to our well-being as a company and our relationships with each other and our community. As part of this commitment, Velcro Companies prohibits any kind of slavery within our community and business operations. Here at Velcro Companies, we respect the dignity of each employee and will continue to maintain a healthy working environment for all employees.

As stated in our Velcro Companies Code of Conduct, no employee will be forced to work against their will and will not be subject to any form of forced, fraudulent, coerced, compulsory, bonded, indentured, or prison labor. Our employees work voluntarily and have the freedom to terminate their employment at any time. Additionally, we expect that all suppliers within our supply chain abide by our commitment and fully comply with our Velcro Companies Supplier Code of Conduct and applicable laws pertaining to slavery of any kind. If any supplier fails to comply with our community standards, we will not hesitate to terminate that particular business relationship. As a company, we uphold fundamental human rights and believe that all human beings around the world should be treated with dignity, fairness and respect. Velcro Companies continues to hold ourselves accountable as we continue to demonstrate high standards and integrity within our community and will not tolerate any misconduct of this nature.