Transparency in Supply Chain Statement

At PLZ Aeroscience Corporation and its subsidiaries (“PLZ”), we are strongly opposed to the use of forced, bonded, involuntary, prison, or indentured labor. We do not tolerate ethical or legal violations in our supply chain, including those related to slavery and human trafficking.

In an effort to eliminate slavery and human trafficking from our supply chain, we have taken or plan to take the following action:
  • PLZ complies with all laws concerning employee wages, hours, and minimum age requirements.

  • PLZ’s Employee Handbook requires our employees to comply with employment-related laws, including those related to maintain a safe and respectful workplace.

  • PLZ requires its suppliers to adhere to PLZ’s Supply Chain Code of Conduct, which addresses our commitment to seek out business partners who share our values and specifically prohibits our suppliers from using forced, bonded, involuntary, prison, or indentured labor.

  • We take violations very seriously. For example, violations of the Supply Chain Code of Conduct may result in termination of the supplier relationship, while violations of the Employee Handbook may result in termination of employment.

  • We have communicated with our supply chain personnel about the continued existence of slavery and human trafficking and ways to identify and mitigate these violations in our supply chain.

  • Our Supply Chain Code of Conduct is integrated into contracts with our suppliers. In some cases, we perform site visits or audits of our suppliers to assess quality and compliance. While we do not currently require verifications, certification, or audits of our suppliers’ compliance with local laws regarding slavery and human trafficking, we will continue to be alert to areas of improvement in eradicating slavery and human trafficking from our supply chain, and will continue to expect our suppliers to do the same.

This disclosure meets the requirements of the California Transparency in Supply Chains Act of 2010.

January 21, 2019