Equal Opportunity Policy

1. Purpose:

The purpose of this policy is to provide equal employment opportunities for all individuals, ensuring that recruitment, promotion, and all employment-related decisions are free from discrimination and based solely on merit, qualifications, and business needs.

2. Scope:

This policy applies to all employees, applicants, contractors, and stakeholders of Sunbeam Elastomers Pvt. Ltd., covering all aspects of employment, including recruitment, training, promotion, and termination.

3. Objectives:

• a) To create a workplace where everyone is treated fairly and respectfully.
• b) To ensure equal access to opportunities without discrimination based on race, gender, religion, age, disability, marital status, or any other protected characteristic.
• c) To promote diversity and inclusion in the workplace.

4. Policy Guidelines:

Equal Employment Practices:

• a) Recruitment, selection, and promotion decisions will be based on qualifications, skills, experience, and business requirements.
• b) Equal pay for equal work will be ensured, irrespective of gender or other protected characteristics.

Non-Discrimination:

1. Discrimination based on the following is strictly prohibited:

• a) Gender, gender identity, or sexual orientation.
• b) Caste, religion, or nationality.
• c) Age or disability.
• d) Marital or parental status.

2. Any discriminatory behavior, harassment, or unfair treatment will be dealt with through the company’s grievance redressal mechanism.

Reasonable Accommodation:

• a) Employees with disabilities will be provided with reasonable accommodations to perform their roles effectively.
• b) Flexible working arrangements will be considered to meet the needs of diverse employees.

Diversity and Inclusion:

• a) The company is committed to fostering a diverse workforce by promoting hiring practices that value varied perspectives and experiences.
• b) Efforts will be made to ensure underrepresented groups have access to opportunities.

5. Roles and Responsibilities:

Management:

• a) Ensure that the principles of this policy are integrated into all employment-related decisions.
• b) Foster an inclusive culture by addressing unconscious bias through training programs.

HR Department:

• a) Monitor compliance with this policy during recruitment, promotions, and performance evaluations.
• b) Address complaints of discrimination promptly and fairly.

Employees:

• a) Treat colleagues with respect and promote an inclusive workplace culture.
• b) Report any incidents of discrimination or unfair treatment to the HR Department.

6. Key Provisions:

• a) Unconscious Bias Training: Employees and managers will undergo training to identify and mitigate unconscious biases in decision-making.
• b) Zero Tolerance for Discrimination: Any employee found guilty of discriminatory behavior will face disciplinary action, up to and including termination.
• c) Regular Audits: Periodic audits of recruitment, promotions, and pay practices will be conducted to ensure compliance with this policy.

7. Monitoring and Reporting:

• a) The HR Department will maintain records of recruitment and promotion decisions to monitor diversity metrics.
• b) Annual reports on diversity and inclusion initiatives will be presented to the Board of Directors.

8. Review and Amendments:

This policy will be reviewed annually to ensure alignment with legal requirements and industry best practices. Amendments will be approved by the Board of Directors.

Approval:

This Equal Opportunity Policy has been approved by the Board of Directors of Sunbeam Elastomers Pvt. Ltd. on 1st January 2025.

This policy underscores Sunbeam Elastomers Pvt. Ltd.’s commitment to fostering a fair, respectful, and inclusive workplace for all.