BUSINESS ETHICS AND PRINCIPLES

a) Environmental Awareness: To continually improve methods that are sensitive to the environment, life, and humanity is to practice responsible mining. Through the implementation of modern process investments in this direction and with environmentally friendly projects it currently maintains, it continues to contribute the Turkish industry’s crucial raw material to the economy.

b) Approach to Employees: Our main policies include taking necessary measures for the health, safety, and job security of our employees, providing equal pay for equal work, increasing the welfare level, contributing to the creation of skilled labor through training, emphasizing teamwork within the framework of business ethics, respecting the personality rights of our employees, and adopting a management approach that respects human rights.

c) Approach to Work: To provide the most valuable and diverse product with the most efficient production method through creative and innovative R&D studies.

d) Responsibility to Shareholders: One of our main policies is to ensure uninterrupted silica sand supply to our shareholders within the framework of our mission, and to consider all other shareholder interests.

e) Customer Relations: To adopt a traditional “patronage” approach with customers and adhere to the principle of the right product-right price-right schedule-right communication.

f) Supplier Policy: Ensuring the procurement of correctly defined products or services, documented with the correct contract, within the committed timeframe, and establishing long-term commercial relationships with mutual benefits as much as possible.

g) Corporate Governance Policy: Within the scope of these policies, Kumsan is conscious of fulfilling its responsibilities with a corporate and professional company management, adhering to the laws.