Corporate governance in non-financial matters

Rieter’s corporate culture is based on integrity and trust. These core values are enshrined in the company’s Code of Conduct and Supplier Code of Conduct, as well as in its mission and vision.

Code of conduct

The Code of Conduct requires all employees of the Rieter Group to act at all times in a correct, fair and professional manner in connection with their business activities. Rieter complies with the laws and regulations applicable in all countries in which the Group operates. There are corporate and local guidelines on a range of topics, with specific requirements and instructions. Where national and international regulations impose stricter requirements, the stricter standard is applied to the extent possible and reasonable.

Compliance organization

Management is responsible for implementing the corporate principles and guidelines. The compliance organization consists of the Group Compliance Officer, regional Compliance Officers and local Compliance Officers. They support the Group and local management in the implementation of the guidelines and are the points of contact for employees.

Business ethics

Rieter’s business relationships with its partners are based on the principles of honesty and trust. The safety of Rieter’s products for the customers and their operating and maintenance personnel in all phases of the product life cycle is of paramount importance to Rieter. Rieter and its business partners work closely together to achieve a high standard and continuously improve performance in this area.

Human rights

Rieter respects the human rights of its employees and provides them with a professional, safe and hazard-free working environment. Rieter also requires its suppliers to respect human rights, rejects any form of forced or compulsory labor and does not tolerate any form of abusive disciplinary measures. Working hours are always in accordance with applicable local legislation. Rieter is committed to complying with the fundamental conventions of international labor organizations, the OECD Guidelines for Multinational Enterprises and the principles against the systematic exploitation of natural resources and raw materials.

Anti-corruption

Rieter prohibits all forms of bribery and other corrupt business practices. In particular, Rieter employees and agents may not offer, promise or give anything of value to public officials, representatives of customers, suppliers or other business partners of Rieter in order to obtain an improper advantage.

Taxes

As a company and as an employer, Rieter complies in good faith with the applicable tax laws and obligations of all countries in which the company operates. This applies to all direct and indirect taxes. Rieter also complies with international agreements and tax guidelines. In accordance with the “Base Erosion and Profit Shifting” (BEPS) campaigns of the OECD, Rieter prepares the Country-by-Country Report (CbCR) for the entire Rieter Group and makes it available to the Swiss tax authorities. Rieter shares the CbCR with the competent authorities of the countries that have signed the relevant agreements. Rieter recognizes that all taxes it pays and collects for governments are an integral part of its corporate social responsibility.

Data privacy

Rieter takes the protection of personal information very seriously. This includes all information that can be used to identify an individual. The privacy statement provides information about what personal data Rieter collects and how Rieter uses and protects the collected data. Rieter takes appropriate technical and organizational measures to protect personal data against manipulation, loss or access by unauthorized third parties. These measures are continuously reviewed and improved in accordance with new technological developments.

Risk management

Rieter has implemented a comprehensive risk management system that also identifies and manages non-financial risks. The risk management process is governed by the “Rieter Risk Management System” directive. This directive defines the procedures for identifying, reporting and handling risks, the criteria for qualitative and quantitative risk assessment, and the thresholds for reporting identified risks to the appropriate management levels.

Environmental risks are also evaluated and assessed as part of the risk assessment. As a result, various areas for action have already been identified and risk mitigation measures have been implemented. At least once a year, the risks are assessed in a workshop led by the Head of Legal Services (General Counsel) and documented in a report to the Board of Directors.

Conflict minerals and child labor

The Federal Act on Transparency in Non-Financial Matters and the Ordinance on Due Diligence and Transparency in relation to Minerals and Metals from Conflict-Affected Areas and Child Labor (DDTrO) entered into force in January 2023. In reviewing the import volumes of minerals and metals containing tin, tantalum, tungsten or gold, Rieter did not identify any relevant imports exceeding the legal minimum volumes in 2025. An additional duty of care for minerals and metals from conflict areas pursuant to Art. 964j of the Swiss Code of Obligations is therefore not required. With regard to child labor, Rieter’s assessment in 2025 found no evidence to suggest there was any reasonable suspicion of child labor in the manufacture or provision of the company’s products or services.

Web-based whistleblower system

Employees can report violations of the Code of Conduct, laws or internal guidelines to their supervisor or the compliance organization. Alternatively, employees and third parties may anonymously report actual or suspected compliance violations through the web-based Whistleblower system. Safeguards are in place to ensure that actual or suspected compliance violations are investigated and evaluated by impartial individuals.