Securitas SHARE: Sustainability Report 2016

Risk management Policy development One of the cornerstones of the ERM process is Securitas Group Policies, which establish the framework for all policies and compliance monitoring in the Group. The Group Policies are developed by management and key policies approved by the Board. Using all available input, both from internal ERM processes, including yearly risk assessment and establishing risk business plans, but also external such as changing regulations an assessment is made whether new policies need to be created or existing policies need to be updated. A general policy update is released after the statutory Board meeting in May every year, but specific policies are also issued when necessary throughout the year. Some of the key policies adopted by S ecuritas that are relevant from a governance perspective are: • Contract policy sets out the process and main prin- ciples for managing customer contract risk, based on standard terms, a full customer and contract risk evaluation, as well as a framework of key policies for contracting guarding services and electronic security solutions. The objective is to manage the risks arising from customer contracts, and to ensure that all customer contracts have a fair and reasonable allocation of responsibility and risk between the customer and Securitas and that the price reflects the risk taken on by S ecuritas. • Securitas’ Values and Ethics Code ensures that 2 the company upholds and promotes the highest ethical business standards. Securitas’ basic require- ment is to act within the framework of laws and international conventions, such as the United Nations Universal Declaration of Human Rights. This means that Securitas respects and complies with competition rules, labor market regulations, agreements and safety requirements, environmen- tal legislation and any other provisions that set the parameters of our operations. For further informa- tion, refer to pages 7 and 10–15. • Communication policy in accordance with the stock market’s requirements for information with the aim of ensuring that the company fulfills these requirements. • Competition law compliance policy to ensure that S ecuritas and its subsidiaries or affiliates are committed to full compliance with all competition laws and regulations. • Insider policy as a complement to the insider legislation in force in Sweden. Securitas Sustainability Report 2016 21

Securitas SHARE: Sustainability Report 2016 | Seite 21