Yamaha Supplier CSR Code of Conduct

A. Labor and Human Rights

1. No Forced Labor
   No workers shall be made to perform forced labor in any form. The freedom of movement of workers shall not be unreasonably restricted beyond the scope of working hours and work location. Workers shall not be required to pay job placement fees or other fees related to recruitment. Conditions of employment shall be provided in advance in a language the worker can understand. Workers shall not be required to hand over their passports, official identity documents, or work permits.
2. No Child Labor
   Children under the minimum employment age are not to be employed, a system to verify the age of workers shall be established, and efforts shall be made to provide appropriate support and relief measures when child labor is discovered. Workers under the age of 18 shall not be engaged in work that jeopardizes their health or safety.
3. Appropriate Working Hours
   Weekly working hours as defined by local regulations shall not be exceeded. All overtime work shall be based upon an agreement with the worker. Workers shall be allowed at least one day off per week.
4. Fair Wages and Benefits
   Pay shall be accompanied by a pay statement that is easy for the worker to understand and shall be paid directly to the worker without delay. Local regulations shall be complied with so that the defined minimum wage is met or exceeded, and efforts shall be made to exceed the living wage. There shall be no unfair wage deductions.
5. No Inhumane Treatment
   The human rights of workers shall be respected and there shall be no inhumane treatment such as harassment or abuse in any form, or fear of such treatment. Measures shall be implemented to prevent and manage inhumane behavior, and disciplinary policies and procedures shall be established and communicated to workers.
6. Non-Discrimination
   There shall be no discrimination in hiring or employment practices based on race, skin color, nationality, age, gender and sexual orientation, gender identity or expression, ethnicity, disability, pregnancy, religion, political opinion, labor union membership, marital status, or any other factor irrelevant to business. Reasonable accommodations shall be provided to workers regarding religious practices and disabilities.
7. Guarantee of Workers’ Rights
   Suppliers shall respect the rights of workers to associate freely, join or refrain from joining labor unions, bargain collectively, engage in peaceful assembly, and other such actions in accordance with local laws and regulations. Where there are legal restrictions, workers shall be permitted to elect legitimate worker representatives and participate in negotiations and meetings. Efforts shall be made to ensure that workers can communicate openly with management without fear of discrimination, reprisal, intimidation or harassment. Employees shall not be unlawfully terminated.
8. Responsible Mineral Sourcing
   Suppliers shall endeavor not to use so-called conflict minerals (tantalum, tin, tungsten, gold) in their products when doing so would directly or indirectly finance or profit armed groups engaging in flagrant violations of human rights in the Democratic Republic of the Congo, other surrounding countries, etc. In addition, suppliers shall endeavor to formulate policies for the responsible procurement of minerals and implement appropriate due diligence, including for other minerals (such as cobalt and mica) that are procured from conflict areas and high-risk areas and have been identified as being at risk of human rights violations.

B. Occupational Safety

1. Safety in the Course of Duties
   Suppliers shall understand the work environment and operations, identify and evaluate hazards and harmful factors, and implement appropriate technical, administrative, and preventive measures in order to ensure the safety of workers. Workers shall be provided with safety and health information and training in a language that the workers understand prior to commencing work and periodically after commencing work, and with appropriate and properly maintained protective equipment free of charge. Suppliers shall take appropriate measures and proper consideration shall be given to reduce health and safety risks based on circumstances such as sex, age, expectant and nursing mothers and disabilities.
2. Accident Prevention and Emergency Preparedness
   Suppliers shall identify potential emergency situations and phenomena and minimize the potential damage by evaluating risks associated with potential disasters, accidents, etc., preparing countermeasures, and performing any necessary training or drills at the frequency prescribed in local regulations. Suppliers shall conduct facility safety inspections, secure evacuation routes, and install and maintain disaster prevention equipment.
3. Prevention of Occupational Injury and Illness
   Suppliers shall understand the state of occupational injury and illness, prepare preventive procedures and systems, and implement necessary measures. Workers shall be provided with medical examinations in accordance with local regulations. Suppliers shall implement occupational safety and health monitoring to periodically evaluate whether worker health is being compromised.
4. Management of Physically Demanding Work
   Suppliers shall identify, assess and manage physically demanding work that may pose a hazard to either physical or mental health, so as not to cause occupational injury or illness.
5. Machine and Equipment Safety Measures
   Suppliers shall implement safety evaluations of machinery and equipment, so as not to cause occupational injury or illness.
6. Facility Health and Safety
   The health, safety and appropriate environment of facilities that are provided to workers (e.g. housing facilities, cafeterias, toilets, and drinking water, regardless of whether they are owned by the Supplier) shall be secured.

C. Environmental Conservation

1. Compliance with Environmental Regulations
   Suppliers shall obtain and maintain all required environmental permits in a valid and current condition and fulfill reporting requirements in accordance with local regulations.
2. Climate Change Measures
   Suppliers shall endeavor to conserve energy and reduce greenhouse gas emissions, ascertain their energy consumption and greenhouse gas emissions, and set reduction targets.
3. Resource Saving and Proper Waste Disposal
   Suppliers shall endeavor to conserve resources and energy in all business operations. Suppliers shall manage waste data appropriately in order to conduct proper waste disposal, and endeavor to reduce the volume of waste produced.
4. Water Management
   Suppliers shall ascertain the status of their water usage and wastewater production, endeavor to conserve water, and prevent the discharge of hazardous wastewater into the environment through the control of pollution routes. All wastewater shall be characterized, monitored, controlled and treated as necessary before discharge or disposal and shall be subject to regular monitoring.
5. Conservation of Biodiversity
   Suppliers shall consider the impact on biodiversity of all business activities that include the use of natural resources and strive to minimize adverse effects. With respect to timber resources, suppliers shall comply with the standards outlined in "E. Sustainable Timber Resources".
6. Management of Chemical Substances and Prevention of Pollution
   Suppliers shall identify any chemicals and hazardous waste which would be harmful if released into the environment, appropriately manage such data, and endeavor to reduce usage of such chemicals and switch to using less harmful substances, and work to prevent leakages. Suppliers shall appropriately control and treat harmful substances and ozone-depleting substances before releasing them into the atmosphere, and conduct periodic monitoring. Suppliers shall identify hazardous substances contained in their products and ensure regulatory compliance.

D. Ethics

1. Prohibition of All Forms of Corruption and Bribery
   Any and all forms of corrupt practices, including bribery, corruption, and extortion, shall be prohibited, and policies shall be maintained that do not permit any such practices.
2. Prohibition of Anti-Competitive Behavior
   Management practices shall ensure the absence of actions which inhibit fair competition.
3. Prohibition of Conflicts of Interest
   Executives and workers shall not engage in any conduct that places their own interests in conflict with the interests of the company.
4. Information Disclosure
   Information regarding management and business activities, finances, and performance shall be properly disclosed without falsification of any form.
5. Appropriate Provision of Product Information, Responsible Advertising and Marketing
   Accurate product and service information shall be provided to customers and consumers, and advertising and marketing shall be conducted responsibly.
6. Early Detection and Prevention of Fraud
   The confidentiality and anonymity of worker and supplier whistleblowers shall be ensured, and measures to protect whistleblowers shall be adopted to ensure that acts of fraud can be reported without fear of retaliation.
7. Protection of Intellectual Property
   Intellectual property rights shall be respected and preserved.
8. Protection of Personal Information
   All business-related personal information of customers, suppliers, consumers, workers, etc. shall be adequately protected, and regulations regarding personal data protection and information security shall be complied with.

E. Sustainable Timber Resources

1. Suppliers using forest resources and engaging in activities such as logging shall comply with the following:
• 1 ) The source of procured timber shall be clearly identifiable.
• 2 ) Procured timber shall have undergone reliable forest certification whenever possible.
• 3 ) Procured timber shall not have been obtained as a result of illegal logging or trading.
• 4 ) Sustainability of endangered tree species shall be considered.
• 5 ) Procured timber shall not be derived from logging of High Conservation Value Forests (HCVF).
• 6 ) Procured timber shall not include genetically modified tree species.
• 7 ) Procured timber shall not be derived from logging of natural forests which destroys ecosystems.
• 8 ) Timber procurement practices shall have no adverse effects on local communities, such as violation of the rights of indigenous peoples.