Transparancy Act

SMART Automation AS, 924 209 240, is covered by the Act on Business Transparency and Work with Fundamental Human Rights and Decent Working Conditions (hereinafter referred to as the «Transparency Act» ) and is thus obliged to conduct and account for due diligence assessments intended to ensure fundamental human rights and decent working conditions.

Among other things, the Transparency Act requires the enterprise in question to identify and assess actual and potential negative consequences for violations of human rights and decent working conditions, both internally in the Company and in its supply chain. The enterprises covered by the Act must publicly account for the due diligence assessments that are carried out. The report shall be updated and published on the Company’s website by 30 June each year and otherwise in the event of significant changes in the Company’s risk assessments.

Due diligence assessments shall be carried out in accordance with the OECD Guidelines for Multinational Enterprises in the field of Human Rights, which are consistent with the UN Guiding Principles on Business and Human Rights (UNGP).