Statement of compliance with the best practices on

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Statement of Compliance with the Best Practices on Transfer Pricing The Company has fully complied with the best practices on transfer pricing as contained in the listing regulations of the stock exchanges. Corporate Social Responsibilities Disclosure as required by the Corporate Social Responsibility General Order, 2009 is annexed and form integral part of this report. Acknowledgement We are thankful to the valuable consumers of Company’s products for their continued patronage for our products, the shareholders for their trust and confidence in the Company. We also place on record our appreciation for the commitment, devotion to duty and hard work of the officers and workers of all categories. On Behalf of the Board Karachi: Muhammad Khalid 25 September 2013. Chief Executive
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8 The Company believes that Corporate Social Responsibility is the continuing commitment to behave ethically and contribute to economic development of the workforce and their families as well as of the local community and society at large. Business Ethics and Anti-Corruption Measures Business Ethics which include the practice of honesty and integrity are considered as an essential part in everyday operations of the Company. Since the Company’s business is to deal with food and juice products, so it is the policy of the Company to provide not only healthy products to its customers but also ensures clear and coherent view of its product range in all its advertisement campaigns. Further, Statement of Ethics and Business Practices is circulated among all employees of the Company for compliance purposes. It proved very helpful in maintaining the level of credibility of each employee in the organization. Along with all these, the Company has developed procedure and system regarding all key positions to avoid the impact of any corruption and bribery. Industrial Relations Cordial industrial relations and harmonious working environment prevailed at all locations of the Company. The management enjoys good relationship with the employees. CBA elections are held in time and without any hurdles. The basic purpose of this practice is to secure maximum cordiality between the workers and the management and to establish a climate of mutual understanding where-by the workers may be able to contribute their best for the growth and development of the Company. The Company has a Hajj Scheme and two workers were sent to perform Hajj at the Company’s expense. The Company also has good relations with the suppliers. Employment of Special Persons To ensure the welfare and rehabilitation of special persons, the Company has especially stressed upon the induction of Disabled Persons in accordance with “Employment and Rehabilitation Ordinance, 1981”. The Company has established a policy regarding the hiring of disable persons with assigning a special quota in compliance with the said ordinance to ensure the protection of deserving persons.
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