Exide Technologies Approach to Tax

Submitted by julie.simons on Tue, 02/13/2018 - 08:53

Introduction

Exide Technologies, “Exide,” is a global leader in stored electrical energy solutions, including batteries and associated equipment and services for the transportation and industrial markets. We are committed to providing world-class stored energy solutions that lead the industry in quality and performance, drive customer results and make a difference in people’s lives. Exide will stand for safety, innovation and partnership while providing a rewarding workplace for our employees.

Environmental, Health and Safety (EHS)

Submitted by catherine.derkosh on Fri, 05/19/2017 - 11:48

Exide Technologies embraces its responsibility to operate in a manner that protects the health, safety and well-being of our employees, contractors, visitors, and those in the communities where we live and operate. Exide conducts business with integrity, openness and honesty – every day, in everything we do, and feels success is measured by more than just financial performance. As such, we commit to operate under the highest ethical standards and in strict compliance with applicable laws and regulations, and we hold our sites accountable for all aspects of environmental, health and safety.

Development and Enforcement of the Code

Submitted by fortyfouradmin on Tue, 01/31/2017 - 16:30

Compliance Committee

The Company’s Global Compliance Committee (“Compliance Committee”) provides guidance and assistance to directors, officers, and employees and periodically reviews and directs the revision (if necessary) and implementation of the Code and other applicable Company policies. The Compliance Committee also reviews (and directs where necessary) investigations into alleged violates of the Code, applicable Company policies, and/or applicable law. A list of the members of the Compliance Committee is posted on the Company’s intranet.

Introduction

Submitted by fortyfouradmin on Tue, 01/31/2017 - 16:29

Exide Technologies has established this Code of Ethics and Business Conduct (the “Code”) to ensure that Exide Technologies and its subsidiaries and other controlled affiliates1 (collectively “Exide” or the “Company”), through their directors, officers and employees, conduct business honestly, with integrity and in strict compliance with the law. This Code memorializes the Company’s commitment to these fundamental principles and provides procedures for ensuring that the Company’s standards of integrity and ethical conduct are consistently and effectively maintained.

Miscellaneous

Submitted by fortyfouradmin on Tue, 01/31/2017 - 16:27

Nothing contained in the Guidelines is intended to expand applicable standards of liability under statutory or regulatory requirements for the Company’s directors, as and to the extent otherwise applicable. The purposes and responsibilities outlined in the Corporate Governance Guidelines are meant to serve as guidelines rather than as inflexible rules and the Board is encouraged to adopt such additional procedures and standards as it deems necessary from time to time to fulfill its responsibilities.

Review of These Guidelines

Submitted by fortyfouradmin on Tue, 01/31/2017 - 16:27

The Governance Committee shall review these Guidelines annually, or more frequently as appropriate, in comparison to the governance standards identified by leading governance authorities and the Company’s evolving needs and shall determine whether or not an amendment to these Guidelines should be recommended to the Board. Upon recommendation of the Governance Committee, the Board shall consider and adopt amendments to these Guidelines as appropriate.

Conflicts of Interest

Submitted by fortyfouradmin on Tue, 01/31/2017 - 16:26

All members of the Board must inform the Audit Committee of all types of transactions between them (directly or indirectly) and the Company as soon as reasonably practicable even if these transactions are in the ordinary course of business. The Audit Committee will review all related party transactions for which audit committee approval is required by applicable law.

Evaluations and Other Matters

Submitted by fortyfouradmin on Tue, 01/31/2017 - 16:24

Assessing the Board and Committee Performance. With the assistance of the Governance Committee, the Board and its committees will conduct annual evaluations to assess whether it and its committees are functioning effectively and to seek input on improvements to the Board and committees. The Governance Committee will receive comments from all Directors and report annually to the Board with an assessment of the Board’s and each Committee’s performance, which will be discussed with the Board following the end of each fiscal year.