Ethics
Soitec manages its activities ethically and responsibly.
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" Compliance with our Code of conduct and Group Policies is mandatory and Soitec will not tolerate any violation.
Our Code of conduct and Group Policies are cornerstone to our Group sustainable growth and success, and you can count on me and the management as we count on each of you to comply and promote them. ”
Pierre Barnabé
Chief Executive Officer
“ Our growth goes hand in hand with our commitment to sharing the values that underpin our identity with our employees, customers, suppliers, partners and other stakeholders with whom we interact.
Our Code of conduct, based on this commitment, defines our values, our principles and our expectations in order to maintain the highest standards of integrity, respect of people and the environment, health and safety when carrying on our business and activities.”
Emmanuelle BELY
General Secretary
Our Code of conduct
Soitec is committed to its values and to the highest standards set by law and the semiconductors industry. Soitec’s Code of conduct illustrates this commitment by setting out the rules and ethical values that we commit to respect in the conduct of our business, and that we expect each and all of our stakeholders to adhere to.
Our Code of conduct is articulated around three key principles:
Complying with human rights, health, and environment highest standards;
Operating safely and protecting our assets;
Acting with integrity.
These principles and rules must guide each and all of us in our behavior, decision-making and activities, and Soitec does not tolerate any deviation from them.
Our policies and procedures
In addition to its Code of conduct, the Soitec group is committed to developing a compliance program through the implementation of specific internal policies and procedures to ensure all employees understand how to meet ethics expectations. These policies and procedures more particularly focus on:
Export controls, sanctions and embargoes;
Personal data;
Insider trading.
Our compliance program
Each year, our compliance team establishes a specific action plan under the supervision of the Audit and Risks Committee and the Environmental, Social and Governance Committee of the Board of Directors. As regards employee awareness and training on the risks to which the group is exposed:
New Soitec employees are required to complete an online training course on the Code of Conduct upon their on-boarding. As of March 31, 2025, 98% of all employees had completed the training (72% as of March 31, 2023, 83% as of March 31, 2024).
92% of employees exposed to corruption risk (sales, purchasing, HR, finance, etc.) were trained in FY24.
96% of employees exposed to antitrust risk were trained in FY23.
An e-learning module on export control rules was deployed in the first half of FY24 to all relevant employees.
Our compliance program is further described in Chapter 3 of our Universal registration document.
Our organisation
To support the monitoring of our compliance program, a specific governance has been implemented at different levels within the Soitec group:
At the Board of Directors’ level, the Audit and Risks Committee as well as the Environmental, Social and Governance Committee, are in charge of setting the Board’s ambitions and objectives in terms of compliance, and are closely involved in external and internal control and risk management assignments;
The Executive Committee is involved in setting objectives in line with the expectations of our stakeholders as well as in the program’s rollout and in the monitoring of related actions;
A team composed of different experts is in charge of implementing our compliance program.
Our ethics alert system
The Soitec group is committed to a “speak up” culture of trust and honest communication, and encourages everyone, including external stakeholders, to report, in good faith, any concerns they might have regarding suspected violations of our Code of conduct, Group Policies, or the law.
Suspected misconducts can be reported on the Maât platform. Reports, which may be submitted anonymously, are treated on a confidential basis and people who speak up are protected against retaliation measures. Our ethics alert procedure is appended to Soitec’s Code of conduct.Learn more about ethics at Soitec
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