National Initiatives

References : Law “Avenir” 2018 du 5 septembre 2018
Code du travail : Titre IV ” Egalité professionnelle entre les femmes et les hommes”

METALOR Technologies Electrotechnics France SAS calculates each year the 5 indicators for measuring professional equality:

? Pay differentials between women and men
? Differences individual rates of increase between women and men
? Promotion rates differences between women and men
? Increases for employees on their return from maternity leave
? Number of employees of the under-represented sex among the 10 highest paid.

The total of each indicator determines the company’s Professional Equality INDEX (X/100)

For the year 2022, the PROFESSIONAL EQUALITY INDEX between WOMEN and MEN for METALOR Technologies Electrotechnics France is: 88/100.

MUK, whilst qualifying as a large business from the sale of precious metal products only has 26 employees, and pays varying amounts of tax to local and national fiscal authorities namely:

VAT
Corporation Tax / Employers National Insurance / Local property taxes / Customs and excise duties / Environmental taxes

ON BEHALF OF EMPLOYEES
Income tax /?Employees National Insurance

In addition to the accounting for, and reporting of, the tax categories above, MUK as the seller of standard rated gold uses the procedures as set out in the special accounting scheme for VAT.

TAX PLANNING AND COMPLIANCE
Corporation tax planning is undertaken by MUK, but the reporting and compliance service is provided by external professional advisors. In all the other tax categories MUK seeks and uses guidance from external professional advisors as and when appropriate.

At the heart of our approach to human rights are a number of important internationally recognised declarations, standards and codes. These are the foundations for how and where we work, and include:

? The UN Universal Declaration of Human Rights
? The International Labour Organization (ILO) Declaration on Fundamental Principles and Rights at Work
? The UN Guiding Principles on Business and Human Rights
? The UN Global Compact

Our approach to addressing modern slavery sits within this wider human rights agenda. Metalor strategy is supported by our

? Code of Business Conduct
? Child and Forced Labour Policy
? Supply Chain Due Diligence Policy

which applies to our Group and sets out our obligations to customers, employees, suppliers, stakeholders and communities in our own operations and supply chain. We take any breach of our policies or allegations extremely seriously. Performance against our policies, including on modern slavery, are reviewed by the Group Compliance Committee chaired by the Group CEO.