Scitech Produtos Médicos S.A. conducts its business guided by a set of values that reflect the highest ethical and moral standards. All employees are responsible for disseminating these values and must conduct the Company’s business accordingly. Our partners and clients are also invited to acknowledge and follow the ethical standards and values established in this Code.
These values are represented by the principles outlined in the CODE OF ETHICS AND CONDUCT, detailed below.
Introduction
The basic concept of ethics refers to the set of principles and values that guide human behavior, helping to distinguish what is right or wrong, fair or unfair. Ethics guides people’s actions in relation to the common good, promoting conduct based on responsibility, respect, honesty, and integrity. It does not only involve complying with rules, but also requires reflection on the moral impact of one’s actions in social and professional contexts.
Applicability
This Corporate Code of Ethics and Conduct applies to all company officers, employees, interns, apprentices, and scholarship holders (“Employees”), as well as all branches and controlled entities. It contains rules that must guide the conduct of these Employees in both internal and external relationships.
Directors and members of the advisory board must also observe, where applicable, the rules of this Corporate Code of Ethics and Conduct in the exercise of their duties.
Partners and clients are encouraged and invited through established partnerships to become familiar with and apply the guidelines of this Code of Ethics and Conduct in the relationships formed.
1. Our Values
Our Code of Ethics is rooted in a set of fundamental values that guide our decisions, actions, and relationships. These values reflect our commitment to integrity, respect, responsibility, and excellence in everything we do. We believe in acting with honesty and transparency, treating others with fairness and dignity, taking responsibility for our actions, and pursuing the highest standards of quality and professionalism. Below, we describe the values that connect Scitech professionals and form the foundation of our organizational culture.
Ethics
We do not take shortcuts. We act with integrity, honesty, respect, and transparency. We work hard to outperform competitors. Building a great company takes time and requires consistent action.
Customer Service
We are customer-oriented and strive to be the best in service and support. Our partnerships are genuine. We aim to understand and meet customer expectations.
Sustainability
We aim to develop a business model based on healthy, long-term, win–win relationships. We prioritize social and corporate responsibility. We share value generation and feel responsible for building a fairer society.
Innovation
We seek the best and most advanced technologies from around the world to serve our customers. Internally, ideas are always welcome. We encourage creativity and continually pursue innovation.
Trust
We delegate authority and responsibility so the team can properly perform its functions. We value an ownership mindset and attitude.
Team Spirit
Our leaders must encourage cross-functional cooperation. The individual must not prevail over the team. We value optimism, humanity, and open-mindedness.
We want exceptional people and teams—this is the only truly sustainable competitive advantage.
Focus on Results
We are never fully satisfied with our results. Focus and continuous improvement challenges help ensure lasting competitive advantage. Keeping results in mind helps us focus on what truly matters.
2. Personal and Professional Conduct and Respect
Employees must act in defense of the Company’s interests, always respecting current laws and regulations applicable to their activities.
Employees are responsible for the company’s resources and assets, and their misappropriation, misuse, or unauthorized use is strictly prohibited.
The following practices are not tolerated under any circumstances and must be immediately reported to Management and/or the Advisory Board:
Any conduct that may be considered discriminatory based on race, origin, gender, disability, religious belief, or political conviction;
Any conduct that may be considered moral, economic, or sexual harassment; offense, intimidation, or humiliation; or actions that constitute pressure or threats in relationships between employees, regardless of hierarchical level;
Entering company premises under the influence of alcohol and/or illicit drugs, or carrying weapons (except for authorized security professionals);
Conducting political or religious propaganda on company premises or using one’s status as an Employee to do so.
3. Fair Treatment and Non-Discrimination
We are committed to maintaining an inclusive and respectful environment where all individuals are treated with dignity and fairness. Discrimination or harassment of any kind—including but not limited to race, color, ethnicity, religion, gender, sexual orientation, age, disability, or any other protected status—is strictly prohibited. Diversity enriches our community and strengthens our ability to fulfill our mission. All employees, clients, and stakeholders must be treated equitably, with equal access to opportunities, resources, and respect.
4. Workplace Relationships
Workplace relationships, in all locations where the Company operates, must be based on respect for the individual, moral and physical integrity, transparency, collaboration, teamwork, professional growth, quality, efficiency, waste reduction, and continuous improvement, always focusing on the Company’s development.
Labor laws and occupational safety regulations must be strictly followed from hiring to termination.
Managers must exemplify respect, fairness, dignity, non-discrimination, and participatory leadership.
We are all responsible for combating bullying and other forms of workplace violence, including moral, sexual, and virtual harassment, as well as stalking.
The company must encourage and value teamwork to maximize corporate value through sustained growth and operational excellence.
4.1 Workplace Safety
Our company is fully committed to ensuring workplace health and safety in accordance with international standards and Brazilian legislation, including the Consolidation of Labor Laws (CLT) and Regulatory Standards (NRs). We follow global safety protocols, such as those established by the International Labour Organization (ILO), and conduct risk assessments, training programs, and preventive measures. Employees are encouraged to actively participate by reporting concerns and following safety guidelines.
5. Legality and Compliance
Compliance with laws and regulations is fundamental to our ethical operations. All employees must act in accordance with applicable legislation and internal policies, ensuring our operations are conducted with integrity and transparency.
5.1 Compliance With Laws and Regulations
We are fully committed to complying with all applicable local, national, and international laws. We promote a culture of legal awareness by providing continuous employee education on regulatory obligations, strengthening our ethical and responsible business practices.
5.2 Anti-Bribery and Anti-Corruption
Scitech maintains a zero-tolerance policy toward bribery and corruption, adhering to international standards and Brazilian laws, including the Brazilian Anti-Corruption Law (Law 12,846/2013) and the U.S. Foreign Corrupt Practices Act (FCPA). Offering, requesting, or accepting bribes is strictly prohibited. We maintain strong internal controls, ethical decision-making, and clear reporting channels with whistleblower protection.
5.3 Environment
Employees must be committed to environmental preservation and actions that improve human quality of life. All business activities must comply with environmental laws and seek continuous improvement within sustainable development principles.
5.4 Antitrust and Fair Competition
We adhere to all antitrust and competition laws. Activities such as price fixing, bid rigging, market allocation, or other anti-competitive behavior are strictly prohibited. We compete based on product quality, service, and innovation.
5.5 Fraud Prevention
Employees—especially managers—must constantly analyze and improve internal processes and controls to ensure compliance with fraud prevention regulations.
6. Relationships and Conflict of Interest
The company has always operated with integrity, honesty, fairness, and full compliance with applicable laws. All employees must know, understand, and strictly comply with the Conflict of Interest Policy.
6.1 Customer Relations
All employees must serve customers with courtesy, promptness, and efficiency, aiming to understand their needs and promote mutually beneficial long-term relationships.
Hospitality such as meals may be offered in moderation and strictly in the Company’s interest.
We are committed to delivering safe products and technologies. Employees must produce quality work and report any issue that may compromise this commitment.
6.2 Supplier and Service Provider Relations
Relationships must be ethical and respectful. Supplier selection must follow technical and transparent criteria aligned with company policies. Suppliers that pose legal, reputational, social, or environmental risks must not be hired.
Accepting personal advantages—such as bribes, gifts, trips, or job offers for relatives—is strictly prohibited. Only low-value promotional items may be accepted (within 10% of the current minimum wage).
Unauthorized gifts must be declined and returned with a formal explanation citing the Code of Ethics.
All supplier transactions must fully comply with applicable laws.
6.3 Community Relations
The Company must act responsibly toward the communities where it operates. Employees must contribute to maintaining good relationships and supporting community development.
6.4 Relations with Authorities and Government
No unauthorized payment or benefit may be offered to government officials, political parties, or political candidates.
6.5 Political Participation
Employees may not make political contributions on behalf of the Company unless authorized by the Advisory Board. Personal political involvement must occur on personal time and at personal expense, clearly separated from the Company.
Company resources may not be used for political purposes.
6.6 Relations with Management and Corporate Policies
Scitech is committed to high standards of corporate governance. Leaders must act with integrity, transparency, and responsibility, ensuring decisions align with company values and long-term sustainability.
6.7 Relations with Shareholders and the Advisory Board
Communication with shareholders must be accurate, transparent, equal, and timely. Interactions with the Advisory Board must be based on formal requests. Management must be notified of all board requests.
6.8 Relations with the Press
Communication with the press must be conducted exclusively by Directors, always ensuring a positive company image.
6.9 Conflict of Interest
Employees must avoid situations where personal interests conflict with the Company’s interests. Examples include:
Using one’s position, corporate time, or resources for personal gain;
Engaging in parallel activities that impair job performance;
Offering consulting services to medical-hospital companies;
Purchasing from companies in which the employee has personal interest.
Conflicts must be immediately reported to a supervisor.
7. Company Resources and Confidentiality
Employees must use company assets responsibly and protect confidential information.
7.1 Information and Communication Systems
Limited personal use of electronic systems is allowed if it does not violate internal rules or affect work.
Unauthorized access, software copying, or installation of unapproved programs is prohibited. The company may monitor communication systems and internet use.
Employees are responsible for the accuracy of all corporate records.
7.2 Intellectual Property
All intellectual work and strategic information produced within the company belong exclusively to the Company. Disclosure requires express authorization.
7.3 Confidential Information
Confidential or strategic information must not be disclosed to third parties except when necessary for business interests or required by law.
Employees must maintain confidentiality even after leaving the company.
7.4 Company Assets
Employees must protect physical and intellectual company property and may not use it for personal gain.
7.5 Data Confidentiality and Protection
In compliance with the Brazilian General Data Protection Law (LGPD), we ensure strict protection of personal and confidential data. Employees must follow secure data handling procedures and respect individual rights.
8. Corrective Measures
Violations of this Code may result in disciplinary actions, including termination for cause, as determined by Management or the Advisory Board.
9. Disclosure and Procedures
Managers must communicate the contents of this Code to their teams and ensure compliance. Questions must be forwarded to supervisors or Management.
Employees must report violations through designated reporting channels.
9.1 What Should Be Reported?
Any violation of laws, rules, or internal policies, or any suspected unlawful activity, must be reported immediately.
9.2 Reporting Channels
Reports may be submitted via the QR Code displayed on company bulletin boards and included in this Code of Ethics.
Click the link below to access:
https://form.jotform.com/240734050487051
It is important to note that the company strictly prohibits any intimidation or retaliation against anyone who reports a violation, wrongdoing, or indication of wrongdoing. We also strictly prohibit any intimidation or retaliation against anyone who assists in any inquiry or investigation regarding such violation. All information provided will be processed and shared only with those who have a legitimate need to know, such as regulatory bodies and individuals involved in the investigation, resolution, and, if necessary, correction of the issue.
“Adopting ethical and behavioral principles reflects the type of organization we are part of and the type of people we are.”
“To be ethical at work, it is necessary, above all, to be honest in any situation.”
(unknown author)
The Code of Ethics will be reviewed biannually, with responsibility for the review assigned to the HR department.
