Corporate Governance

Our business leadership is greatly indebted to the strong team that composes our Board of Directors. At Grupo Rotoplas, our central commitment is based on collaboration to face the challenges represented by access to water and sanitation, to thereby encourage the sustainable economic growth of our organization through different initiatives, and at the same time continue to generate long-term value for our shareholders and serving the interests of our customers.

Our Board of Directors focuses on efficiently leading our Company, and it achieves this with the industry experience and knowledge of our 13 directors, six of whom are independent.
The biographies of Members of the Board of Directors are available on our website.

The advance in the Company’s strategy is reviewed at each Board of Directors meeting and by its three Committees: Audit, Corporate Practices, and Compensations. These are chaired by independent directors and perform different functions.

We also have a Sustainability Committee that monitors the Group’s environmental, social, and Corporate Governance matters and is made up of the areas of Human Resources, Institutional Affairs, Government Relations, Legal, Investor Relations, Quality, Marketing, and Innovation.

This multi-disciplinary committee drives, coordinates, and monitors initiatives that incorporate sustainability into the business model. Such initiatives are presented to the senior management for their review before being distributed to the relevant committee according to their nature and possible impact. When considered relevant, emerging themes are included on the agenda for the Board of Directors meeting for that quarter.

Our senior management is made up of four Vice-Presidencies and 10 directions, which are leaded by experts in their field and responsible for guiding the direction of our Business in each specific area.

Information on our senior management can be found on our website.

We have an Investor Relations department as well as a section on our website www.rotoplas.com dedicated to monitoring themes related to the Board of Directors, shareholders, and investors, where we maintain two-way communication with our stakeholders.

Ethics and Human Rights

We promote acting with integrity and responsibility through our six values, as well as compliance with our Code of Ethics and Conduct. This document sets out the expected guidelines for internal conduct and performance, and our relations with colleagues, directors, customers, suppliers, and other key groups. The code seeks to ensure that when interacting, we treat all people with fairness and respect.

This document establishes the rules for internal and external conduct as well as general rules. It includes our position on matters such as anti-corruption, competition, legal compliance, conflicts of interest, bribery, discrimination, political contributions, and fraud, among others.

All of our employees, shareholders, directors, and auditors are certified in understanding the Code of Ethics and Conduct when joining any of the Grupo Rotoplas businesses and are re-certified every year.

For the cases where the Code is violated, we provide our means of anonymous and confidential complaint, Confía Grupo Rotoplas.

The Code of Ethics and Conduct is available on our website:

Risks

Like any organization, our Company is exposed to environmental risks that may affect the way we operate or do business if they are not detected or mitigated swiftly.

We have therefore listed the main risks that may significantly impact our Business, some of which are as a consequence of climate change, and others derived from the industry in which we operate, from changes in consumption habits, political or economic contexts in the countries where we operate, among others.

By identifying the risks, we can focus on factors under our control in order to deliver the reliable, consistent, and profitable results which we have become known for throughout our history.