„Empowering Success“ starts with our suppliers

As a globally successful company, we are constantly looking for the most competitive, innovative and efficient suppliers. In the face of increasing competition in national and international markets, a reliable supplier base is becoming more and more indispensable. Also, since every business partner of Wieland is part of our customer promise. This is undisputable in order to ensure and deliver technological advanced products of outstanding quality. We therefore only source from carefully selected suppliers.

The main focus of our purchasing organization is on the concept of integrated procurement, in addition to commercial competitiveness. Together with our suppliers, we take the process concept into account and pursue a continuous improvement of our processes and products.

The topic of sustainability is an essential and integral part of our corporate strategy. To underline and point out the importance this strategic approach of Wieland, we participate and support the initiative „The Copper Mark”. Wieland also expects its suppliers to follow and comply with these aspects.

The implementation of the German Supply Chain Act

For over two hundred years, we have assumed responsibility as part of the society and actively helped to shape our environment.

This also includes the active implementation of the Due Diligence Act in our Supply Chain, adopted by the German Federal Government in June 2021.

Many of our customers and business partners must comply with the obligations of the German Supply Chain Act. They have a legitimate interest in Wieland's compliance with the due diligence obligations as a direct supplier.

We would like to give you an initial overview of our measures for implementing the German Supply Chain Act at Wieland.

Aspects of the human rights framework, working conditions and also sustainability have always been considered in the selection of suppliers. In accordance with the legal requirements of the German Supply Chain Act, we have further formalized our requirements in this regard. In future, we will subject our suppliers to a structured review in regular cycles and occasion-related, based on software tool and objective criteria. These results could have an influence of the supplier relationship. Human rights and environmental compliance are also implemented in our own business division. Our Code of Conduct and in particular the guideline of human rights and working conditions reflect Wieland's understanding of its values. A Group-wide risk analysis of the operational Wieland companies according to the criteria of the German Supply Chain Act was carried out for the first time as part of the Compliance Risk Assessment 2022.

We will report on our compliance with due diligence obligations no later than four months after the end of the financial year. The report will be publicly available on the Wieland Group website.

Ethical values and integrity are most importance to the Wieland Group. Already now, Wieland provides you with an (anonymous) reporting channel for (suspected) violations of relevant legal regulations, but also of internal policies.  https://www.wieland.com/en/governance

Our values can only be upholding if individuals do not hesitate or fear to raise concerns so that we can follow them up responsibly.

The protection of people and the environment has a great importance in Wieland's business activities. For us, this means that we must act in a safe, efficient and environmentally compatible manner and also transfer this responsibility to our suppliers.

Our sourcing portfolio – Your opportunity

The Wieland Group has a broad category group management system to assure an efficient and effective processing of the Group's requirements. This is divided into the following main procurement areas:

What we expect from our suppliers

To meet the required high standards in quality, efficiency and sustainability we phrased the following expectations as a basis for a successful cooperation with our suppliers.

We generally expect the following requirements from our suppliers:

• An established quality management certification according to DIN ISO 9001 ff.
• High competitiveness with regard to price, quality, adherence to delivery dates and flexibility
• First-class organization and communication as well as best service and continuity
• Compliance with all currently required and defined quality requirements

Additionally we expect the following factors to be followed in Global Procurement & Logistics:

• Readiness for cost transparency for the identification of further optimization potentials
• The spirit for innovations and assistance in the development of technical solutions
• Independent data maintenance in the International Material Data System (IMDS)