Our Vallen team is focused on doing the right things, in the right way. We believe this benefits our customers, suppliers, associates, our company and our community. This Code of Conduct ensures that our standards and expectations are clearly defined and should be a reference for all associates regarding our actions.

Vallen Distribution, Inc. (“Vallen”) is committed to acting as a responsible corporate citizen worldwide. We believe that high standards for ethical, social and environmental behaviors are essential, and we expect the same of our suppliers and their supply chain. Our suppliers shall comply with the Vallen Code of Conduct, all applicable laws and regulations.

Vallen has established a whistleblowing policy (the “Policy”) to provide a way for those who are aware of circumstances or behaviors which they believe, in good faith, could represent violations of Vallen’s Code of Conduct, Supplier Code of Conduct, policies and procedures and/or of applicable laws and regulations, to identify and share those concerns.

This document constitutes the first Modern Slavery Report for Vallen Canada Inc. covering our fiscal year ended December 31, 2023. We issue this Report pursuant the Fighting Against Forced Labour and Child Labour in Supply Chains Act.