Sidenor 2022 Sustainability Report

105 1 Responsible and sustainable purchasing 1. Process The Purchasing Management channels the procurement processes of materials, transports, services and equipment required by Sidenor. The main objective of this area is to acquire the goods, services and equipment that are necessary for our activity under the best possible quality, service and cost conditions while ensuring strategic alignment and complying with the specifications required by the internal customer, as laid down in our Purchasing Policy (published on Sidenor’s website). This process is carried out in compliance with the principles and values stated in our Code of Ethics (also available on our website). The General Conditions of Purchase sent in the orders extend the acceptance of the Code of Ethics to all our suppliers. Suppliers are strategic actors in Sidenor’s value chain. For this reason, we promote their development by means of a long-term business relationship, mutual growth, benefit and respect, responsibility, honesty, quality and transparency, which help fulfil company objectives and strategies. Our purchasing process flow is detailed below: