1. Purpose and Scope
This Supply Chain Policy outlines The Bazar Group Inc. (Imperial-Deltah & Imperial LGD Divisions) commitment to responsible sourcing and ethical supply chain management, in alignment with the Responsible Jewellery Council (RJC) Code of Practices (COP) 2024 and the Laboratory Grown Material Standard (LGMS) 2025. It applies to all suppliers, contractors, and business partners involved in the procurement, handling, processing, trade, and sale of materials—including both natural and laboratory-grown materials—across our supply chain.
2. Commitment to Responsible Business Practices
The Bazar Group Inc. (Imperial-Deltah & Imperial LGD Divisions) is committed to conducting business in a legally compliant, ethical, transparent, and socially responsible manner throughout our supply chain. We recognize that responsible supply chain practices build trust with stakeholders, enhance sustainability, and reduce environmental, social, and governance (ESG) risks.
3. Legal Compliance
We will:
• Comply with applicable national and international laws and regulations, including those related to labor, environment, anti-corruption, and trade controls.
• Maintain awareness and systems to ensure ongoing compliance, including updated regulatory requirements relevant to our industry and supply chain.
4. Human Rights and Labor Standards
The Bazar Group Inc. (Imperial-Deltah & Imperial LGD Divisions) supports internationally recognized human rights and labor standards. We expect all suppliers and partners to:
• Respect the rights of workers, including freedom of association and collective bargaining, fair wages, and safe working conditions.
• Prohibit forced, bonded, compulsory or child labor in any form.
• Uphold nondiscrimination and equality in employment practices.
• Provide a safe and healthy working environment for all workers.
5. Supply Chain Due Diligence
We will implement and maintain a robust due diligence process to identify, assess, prevent, mitigate, and account for actual or potential adverse impacts associated with our supply chain, in alignment with strong due diligence frameworks (e.g., OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas). This includes:
• Risk identification and mapping of suppliers, materials, and sourcing regions for human rights, labor, environmental, and governance risks.
• Collection of relevant documentation on material origin and supplier practices.
• Regular risk reviews and updates as part of ongoing supplier assessment.
• Escalation and corrective action when risks are identified.
• Suspension or termination of supplier relationships where mitigation is not feasible.
6. Supplier Expectations and Management
We require suppliers to:
• Adhere to this policy and demonstrate ethical and responsible practices.
• Provide transparency on material origin (including chain-of-custody information for materials where applicable).
• Implement their own responsible supply chain practices and due diligence.
• Cooperate in audits, information requests, and corrective action plans.
7. Environmental Stewardship
The Bazar Group Inc. (Imperial-Deltah & Imperial LGD Divisions) and its suppliers must commit to environmentally responsible practices, including:
• Efficient use of natural resources and minimizing environmental impact (e.g., energy, water, emissions).
• Compliance with all applicable environmental laws and regulations.
• Prevention and mitigation of pollution and environmental degradation.
8. Anti-Corruption and Ethical Behavior
We have zero tolerance for bribery, corruption, fraud, or unethical behavior. Our suppliers and partners must conduct business with integrity and adherence to anti-corruption laws and ethical standards.
9. Grievance Mechanisms and Reporting
We maintain mechanisms for workers, suppliers, and stakeholders to raise concerns regarding violations of this policy, including confidentiality and non-retaliation protections. Feedback and grievances will be reviewed and acted upon in a timely and transparent manner.
10. Monitoring, Audit, and Continuous Improvement
The Bazar Group Inc. (Imperial-Deltah & Imperial LGD Divisions) will regularly monitor supplier performance to this policy through:
• Internal assessments and documented due diligence activities.
• Third-party audits where required.
• Performance metrics and corrective actions.
• Ongoing training and capacity building for staff and suppliers.
11. Communication and Transparency
This policy is communicated internally to Senior Management It will be publicly available to vendors and customers and reviewed periodically to ensure continued relevance and effectiveness.
12. Policy Review
This policy will be reviewed at least annually and updated in response to regulatory changes, stakeholder feedback, and evolving best practices in responsible supply chain management.
Rev: December 2025