LETTER FROM DRESSER-RAND LEADERSHIP
Dresser-Rand is pleased to present to you our Supplier Code of Conduct ("Supplier Code"). This document outlines our clear expectations for how we expect our suppliers to conduct business with Dresser-Rand. The development of this Supplier Code is an important step for our supply chain. We have a responsibility to our shareholders, employees, and business partners to be clear on our expectations in several key areas:
- Legal Compliance
- Business Gifts
- Conflicts of Interest
Please review this Supplier Code in detail. All Dresser-Rand suppliers are expected to adhere to the Supplier Code. This Supplier Code is designed to support Dresser-Rand's process for identifying suppliers that demonstrate a firm commitment to safety, ethics, the environment and continuous improvement. We strive to utilize only those suppliers who can adhere to the Supplier Code and who can provide us with world class goods and services with the lowest total cost of ownership, best on time delivery, shortest lead-time, exceptional quality, unique capability, and a high level of customer responsiveness.
This Supplier Code clearly outlines Dresser-Rand's expectations concerning the supplier relationship. We are committed to providing a solid basis for our relationship built on the principles of law, fairness, and efficiency. As such, Dresser-Rand expects suppliers to follow a strict code of conduct based on adherence to all applicable laws and regulations with respect to conducting business. These expectations must also be followed by our suppliers' employees and sub-tier suppliers.
Vice President, Supply Chain Management Worldwide