Code of Ethics

A code of ethics is a set of principles for employees to adhere to when conducting business to comply with company standards. A business code of ethics, usually based on the core values of the business, outlines the company mission statement, how professionals should approach dilemmas, and the standards to which they hold their employees. An individual’s code of ethics can include their beliefs, values, and background.

Ethical codes are often adopted by management, not to promote a particular moral theory, but rather because they are seen as pragmatic necessities for running an organization in a complex society in which moral concepts play an important part. A code of ethics also referred to as an "ethical code," may encompass areas such as business ethics, a code of professional practice and an employee code of conduct. It is the policy of the Company to provide our Code of Ethics and Business Conduct, which will serve as a guide to proper business conduct for all employees. We expect all employees to observe the highest standards of ethics and integrity in their conduct.

Our professional code of ethics policy aims to give our employees guidelines on our business ethics and stance on various controversial matters. We will also use this policy to outline the consequences of violating our business code of ethics. We promote freedom of expression and open communication. But we expect all employees to follow our code of conduct. Employees should avoid offending, participating in serious disputes and disrupting our workplace. We also expect them to foster a well-organized, respectful and collaborative environment. The ethical codes created and adopted by our company reflect the brief and purpose of our policy.

Code of Ethics is addressed to all those who have relationships with Mavera Medical Devices through work, collaboration, consulting or supply, and in particular: • Employees, • Collaborators in a coordinated, continuous or occasional capacity, • Consultants and professionals linked to the Company by professional mandates, • Suppliers of goods and services, in a continuous or occasional capacity, • Anyone who, for any reason or activity, is acting in the interest, in the name of and on behalf of the Company, All operations and transactions must be authorised, registered, verifiable, legitimate, consistent and appropriate. 

Authorisation

Each operation must be authorised by those responsible for the single fact, the kind of operation or the company function charged with the operation, or by the Management. Powers and responsibilities for the operations will be attributed to each individual based on company organisation and specific acts adopted by the Company. 

Registration

Each operation shall have to include suitable and intelligible recording in one of the Books or Registers of the Company and must be reported, even in the form of a registration or information notice, even though this may not have financial and economic value. 

Verification

Each operation must be verifiable by the person responsible, to whom the person who has acted is hierarchically subordinate, as well as by the internal control bodies.

Legitimacy

Each operation must be carried out in compliance with the Laws and Regulations of the State in which the operation is performed, as well as with the Company's Regulations and procedures.

Consistency

All actions and operations must be addressed uniquely to the production of value and the development of the Company in full compliance with the laws in force. 

Appropriateness

Each operation decided on and adopted must be economically viable. This principle includes the cause and effect link. Acts and operations are thus considered appropriate which, while achieving negative usefulness (financial or social), are ethically correct and adopted in order to avoid negative usefulness involving greater damages