Code of Conduct & Ethics
Issued 27 Febuary 2023

In line with the global best practices, the Board of Directors (the “Board”) of Tech Herfica (the “organization”) has adopted this Code of Business Conduct and Ethics (this “Code”).

Although the code does not cover all material situations, affected parties are expected to seek clarification from the Company Secretary/Legal Adviser, when in doubt.

This code has been developed to foster:

  1. Timely and accurate disclosure; Un-compelled compliance with applicable laws and rules and regulations;
  2. The Company Secretary is expected to forward all reports to the Board Audit Committee within 24 hours of receipt of such report.
  3. Timely reporting of any violations of the organization’s rules and policies;
  4. The protection of the organization’s information and corporate assets; and
  5. Confidentiality of information entrusted to directors, officers, and employees by the organization and its stakeholders
All directors, officers and employees and consultants herein referred to as “affected Person” and collectively, the “affected Persons’, of the organization are expected to be familiar with this Code and to adhere to the principles and procedures herein contained. This Code supplements and does not supersede other policies and procedures adopted by the organization and/or relating to the conduct of its officers, directors and employees.

1. Conflicts of Interest

Conflict of interest occurs when the private interests of an affected Person interferes, or is perceived to interfere with the interests of the organization as a whole. In this regard, affected Persons have an obligation to conduct their affairs in an honest and ethical manner, including the ethical handling of actual or perceived conflicts of interest. Any situation that involves, or may be reasonably perceived to involve, a conflict of interest with the Company, should be disclosed promptly to the Company Secretary/Legal Adviser.

2. Disclosures

The information in the organization’s website as well as all communications with stakeholders must be full, fair, accurate, timely and understandable.Affected Persons are prohibited from knowingly misrepresenting, omitting or causing others to misrepresent or omit material facts about the organization to others.

3. Compliance with Laws, Rules and Regulations

The organization is obligated to comply with all applicable laws, rules and regulations. It is the personal responsibility of affected persons to adhere to the standards and restrictions imposed by organizational, regulatory or legal, rules and regulations in the performance of his or her duties for the organization.

4. Reporting, Accountability and Enforcement

The organization promotes ethical behavior at all times and encourages affected Persons to consult with supervisors, managers, the Company Secretary/Legal Adviser and other appropriate personnel when in doubt about the best course of action in a particular situation.

Actual or suspected violations of laws, rules, regulations by any director, officer, employee or anyone purporting to be acting on the organization’s behalf should be promptly reported to the Company Secretary/Legal Adviser. Reports may be made anonymously. However, If identity is requested, confidentiality will be maintained, subject to applicable law, regulatory requirements and legal proceedings.To protect individuals who report incidences, the organization shall not tolerate retaliation against any affected person for a report made in good faith of any suspected violation of laws, rules, regulations or this Code is cause for appropriate disciplinary action. However, any affected person who knowingly files a false report under this Code will be subject to appropriate disciplinary action.

5. Opportunities

All affected persons owe a duty to the organization to advance the legitimate interests of the organization whenever the opportunity arises. Thus, affected Persons are precluded from directly or indirectly converting an opportunity that is due to the company for personal gain, especially if such opportunities are discovered through the use of the organization’s property, information.

6. Confidentiality

In carrying out the organization’s activities, affected persons may learn confidential or proprietary information about the organization, its clients, its sponsors, partners or other relevant stakeholders. Confidential or proprietary information includes all non-public information relating to the organization. Hence, affected persons are not allowed to share information entrusted to them, except when disclosure is authorized by the organization, required by regulatory agencies or legally mandated.

7. Fair Dealing

Affected persons should endeavor to deal fairly with stakeholders of the organization. Thus, no affected person may take unfair advantage of anyone through manipulation, concealment, abuse of privileged information, misrepresentation of material facts, or any unfair dealing practice.

8. Protection and Proper Use of Company Assets

All affected persons should protect the organization’s assets and ensure that resources are used effectively. Failure to do so will attract disciplinary actions as may be determined from time to time.

9. Corporate Governance

The Board and Management shall act in accordance with the Guidelines on Corporate Governance.

10. Reporting Action or Perceived Violation

All actual or perceived violations should be reported in line with the Whistle Policy Framework.

11. Reviews

This code is subject to review from time to time.

All questions, feedback or complaints should be addressed to

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