EANS-News: Semperit AG Holding / High Ethical and Social Standards at Sempermed in Thailand (with photo)

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Company Information

Vienna, June 6, 2014 - The Semperit Group is committed to high
ethical and social standards as well as good working conditions for
all its employees around the world. An independent audit carried out
to verify adherence to the Code of Conduct of the Business Social
Compliance Initiative (BSCI) shows that this also applies to the Siam
Sempermed glove production facilities in Hatyai, Thailand.

The BSCI audit carried out in April 2014 states that Siam Sempermed's
largest production site complied with all Thai laws. It also
indicates that there was neither child or bonded labour nor
discrimination, and that all employees at the site were receiving a
fair remuneration for their work. Furthermore, Semperit is fully
engaged in addressing the voluntary overtime carried out by migrant
workers who want to earn as much money as possible within the
duration of time they are permitted to stay in Thailand. These extra
hours --a crucial point for a factory to be BSCI compliant-- exceeded
the BSCI standard of 12 hours per week, but were still within the
legal limits established by local labour laws.

This good performance in fulfilling ethical and social standards was
possible due to the fact that Siam Sempermed continually strives to
improve working conditions for its employees within the context of a
sustainable corporate social responsibility initiative. In order to
further improve the working conditions in the future, Sempermed will
continue and intensify the cooperation with BSCI. Its Code of Conduct
takes the following aspects into consideration: * The rights of
Freedom of Association and Collective Bargaining * No Discrimination
* Fair Remuneration * Decent Working Hours * Occupational Health and
Safety * No Child Labour * Special Protection for Young Workers * No
Precarious Employment * No Bonded Labour * Protection of the
Environment * Ethical Business Behaviour

"We are a company which operates globally, but the way we perceive
ourselves is rooted in traditional European values. This is precisely
why we take our social responsibility seriously at all our sites, and
why we aim to make a contribution towards improving the situation of
employees, especially in Asia. The results of the BSCI audit come as
no surprise to us, but serve to rectify the allegations made against
Sempermed in Thailand several weeks ago", says Richard Ehrenfeldner,
Member of the Management Board of Semperit. "One can create working
conditions which perhaps still barely manage to be legally
permissible, or one can ensure that they are exemplary. We have
decided for the latter course of action, and lead the way forward.
The results of the BSCI audit indicate that we are on the right
track. We will continue on this path in order to create optimal
conditions for all employees along our production chain", Richard
Ehrenfeldner adds.

Semperit is a participant of the BSCI, a business-driven initiative
for companies committed to improving working conditions in their
global supply chains. By joining this initiative, Semperit is
committed to implement the BSCI Code of Conduct, a set of principles
and values which draws on internationally recognised labour standards
protecting workers' rights.

About Semperit The publicly listed company Semperit AG Holding is an
internationally-oriented group that develops, produces, and sells in
more than 100 countries highly specialised rubber and plastic
products for the medical and industrial sectors: examination and
surgical gloves, hydraulic and industrial hoses, conveyor belts,
escalator handrails, construction profiles, cable car rings, and
products for railway superstructures. The headquarters of this
long-standing Austrian company, which was founded in 1824, are
located in Vienna, and the global R & D centre is in Wimpassing,
Lower Austria. The Semperit Group employs about 10,800 people
worldwide, including more than 7,000 in Asia and more than 700 in
Austria (Vienna and production site in Wimpassing, Lower Austria).
The Group has 22 manufacturing facilities worldwide and numerous
sales offices in Europe, Asia, and America. In 2013 the group
generated sales of EUR 906 million and an EBITDA of EUR 133 million.

About Sempermed Sempermed is the largest segment of the Semperit
Group and is ranked among the international leading manufacturers of
medical and industrial gloves. At Sempermed's research centre in
Wimpassing, Lower Austria, new products are continually developed and
tested in close co-operation with users and experts. For more than 90
years Sempermed has been producing gloves of the highest quality and
has set standards in terms of quality and innovation. Sempermed
continually strives for optimum safety and reliability using the most
modern production technologies, highest production hygiene and
strictest quality checks. In 2013 Sempermed generated sales of EUR
435 million, (about 48% of the Group revenue) and an EBITDA of EUR 59
million. For further information visit us at www.sempermed.com.

Pictures with Announcement:
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http://resources.euroadhoc.com/us/4WGHgyhX

Further inquiry note:
Martina Büchele
Head of Group Communications
Tel.: +43 676 8715 8621
martina.buechele@semperitgroup.com
www.semperitgroup.com

end of announcement euro adhoc
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Pictures with Announcement:
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http://resources.euroadhoc.com/us/4WGHgyhX

company: Semperit AG Holding
Modecenterstrasse 22
A-1030 Wien
phone: +43 1 79 777-210
FAX: +43 1 79 777-602
mail: investor@semperitgroup.com
WWW: www.semperitgroup.com
sector: Synthetics & Plastics
ISIN: AT0000785555
indexes: WBI, ATX Prime, ViDX, Prime Market, ATX Global Players
stockmarkets: official market: Wien
language: English