Page 34 - Honeywell Annual Report 2021 comm 10 09 v17a.cdr

Corporate Governance Report Cont’d

c. Whistle Blowing Policy
Under its whistle blowing mechanism, employees of Honeywell Flour Mills Plc and other stakeholders including third
parties are encouraged to report any observed or suspected acts of fraud, corruption or other irregularities. Reports may
be made via telephone or online without fear of reprisal or recrimination and may be made anonymously.
The Company guarantees that the identity of the reporting individual(s) or organisation(s) shall be accorded utmost
protection and the report investigated and treated in a timely manner. Whistle-blowers may report misconduct,
irregularities or malpractice via the following channels:
whistleblower@honeywellgroup.com
0708 060 1099
www.honeywellgroup.com/whistleblowing

d. Quality Policy

The Company is committed to the continuous achievement of business success by maintaining its quality leadership in
the flour milling industry. This is driven by a quality management system designed to ensure that customers are always
provided with high quality products and services that meet International Standards. Such standards are in full compliance
with all statutory and regulatory requirements which are set out in writing for adherence by all staff at all times.
Honeywell Flour Mills Plc was the first flour milling company in Nigeria to be ISO-certified. All processes and procedures
across the organisation are in line with international best practices to ensure the continuous production of good quality
products for the complete satisfaction of its highly esteemed customers. The Company employs state-of-the-art
facilities for the production of its various brands in conjunction with its technical partners Buhler AG of Switzerland
(the world's leading milling equipment manufacturer) for the installation and maintenance of its mills as well as a
partnership agreement with Muhlenchemie of Germany for the supply of additives.

e. Anti-bribery and Corruption Policy
Honeywell Flour Mills Plc is committed to upholding the highest level of ethical standards and integrity in doing
business and has zero tolerance for fraud, bribery and corruption of any nature.

The Company acknowledges the importance of fairness in business and kicks against all acts which threaten to
undermine the integrity of its business operations. The adverse effects of fraud, bribery and corruption are recognized
through its core values which include 'integrity' - symbolizing our commitment to tenaciously maintain the highest ethical
standards, and 'responsibility beyond ourselves' which denotes our intent to act as catalysts for positive change and
development in our society. This acts as the foundation of our dealings at Honeywell and will continue to underpin our
business operations.

The Company actively maintains an Anti-Bribery & Corruption Policy to: reiterate its zero tolerance stance on fraud,
bribery and corruption and such other unethical acts, provide a framework to promote its stance on these, promote
transparency in its dealings and to ensure its reputation and stakeholders are adequately protected.

10. Board Appointments & Training

Board appointments are made in accordance with the provisions of the Board Appointment Policy. Proposed
candidates are thoroughly vetted by the Nominations, Governance & Remuneration Committee to assess whether they
meet the applicable criteria for appointment to the Board and for their specific roles. The Committee’s candidate
search protocols include, in addition to the required expertise and experience, diversity in all attributes. Upon
appointment, new Directors undergo an induction programme to familiarise them with matters relating to the
Company’s business operations and strategy. This programme includes meetings with other Directors and key
personnel, tours of the Company’s factories, and the provision of documents on the Company’s operations and
performance. Directors are also provided with copies of the Board Code of Conduct & Ethics, the Board charter and
other relevant governance documents.

World of Possibilities HONEYWELL FLOUR MILLS | ANNUAL REPORT | 2021 35