Standards of Vendor Conduct

Custom Truck One Source (CTOS) is committed to responsible business conduct. Respect for human rights and environmental stewardship are fundamental principles of our business practices and standards. We expect our suppliers to share those principles and uphold our standards. Suppliers must also conduct their business with a high level of integrity and maintain transparent and accurate records. We require all vendors, suppliers, manufacturers, contractors, subcontractors and their agents (collectively, “suppliers”) to abide by the following standards:

Ethical Business Practices
No Bribery

 

We seek business partners who adhere to the highest ethical standards in their business practices and their interactions with CTOS. CTOS does not allow any exchange of favors, money, or gifts, with our team members with the intent to influence business decisions. As with the other standards outlined, CTOS Team Members are held to the same standards and are strictly prohibited from engaging in solicitation of anything of value from business partners.

Social and Labor
No Forced Labor or Human Trafficking

 

We condemn forced labor and human trafficking and will not knowingly work with suppliers who engage in these practices. All workers have the right to engage in work willingly, without surrendering identification and without the payment of fees. Workers have the right to freedom of movement and our suppliers must ensure it is afforded to them. Workers have the right to terminate their employment without penalty upon providing reasonable notice. Suppliers must also procure their raw materials and/or components for CTOS products solely from sources that do not utilize forced labor or engage in human trafficking.

No Underage Labor

 

We do not tolerate the use of underage labor and will not knowingly work with suppliers that utilize underage workers. We define underage worker as any individual younger than the local minimum working age or the age of 15, whichever older. Suppliers must comply with all age-related working restrictions as set by local law and adhere to international standards as defined by the International Labor Organization (ILO) regarding age appropriate work.

Health and Safety

 

Suppliers must provide a safe and healthy working environment that complies with local laws and minimizes occupational hazards.

Equal Employment Opportunities

 

Supplier is an equal-opportunity employer and does not discriminate on the basis of age, race, creed, color, religion, sex, sexual orientation, gender identity, national origin, disability, marital or veteran status, or any other characteristic protected by applicable law.

No Discrimination

 

We respect cultural and individual differences and believe discrimination should not be tolerated. Suppliers are expected to maintain a discrimination-free workplace and to employ legally-eligible workers based upon on their abilities, rather than their race, color, sex, pregnancy status, gender identity, marital or veteran status, political opinions, religion, age, disability, sexual orientation, social origin, national origin or any other basis that is prohibited by law.

No Harassment

 

We believe that all workers should be treated with dignity. Suppliers must not engage in, condone, or tolerate physical,
verbal, mental or sexual harassment against or among their workers.

Wages

 

Suppliers must provide wages and benefits that meet or exceed local law requirements and are paid/provided in a timely
manner. We encourage suppliers to commit to the betterment of wages and benefits to improve the lives of workers and
their families in the communities where they live.

Freedom of Association

 

We seek suppliers who productively engage workers and value them as critical assets to sustainable business success. This
includes respecting the rights of workers to make an informed decision as to whether to associate or not with any group,
consistent with all applicable laws.

Environmental Sustainability
Environmental Management and Monitoring Systems

 

Suppliers must have environmental monitoring systems which accurately measure and track operational and production
impacts to air, water and any other environmental system which may be deemed necessary to comply with all applicable
laws and regulations.

Licenses and Permitting

 

Suppliers must acquire and maintain all legally required environmental permits and business operating licenses necessary
for the production of their products and operation of their facilities. We will not tolerate suppliers operating without valid
current permits.

Cyber breach or data loss

 

Supplier will promptly notify CTOS in the event of data breach or data loss that included CTOS data or any of other breach
that could have an impact of CTOS.