California Transparency in Supply Chains Act and UK Modern Slavery Act Statement

 

CALIFORNIA TRANSPARENCY IN SUPPLY CHAINS ACT and UK MODERN SLAVERY ACT STATEMENT

Masimo Corporation and its subsidiaries are dedicated to complying with the California Transparency in Supply Chains Act of 2010 and the UK Modern Slavery Act of 2015. This notice summarizes Masimo's initiatives to eliminate the risk of slavery and human trafficking in Masimo’s supply chain. This document serves as the disclosure for Masimo Corporation and its subsidiaries for the fiscal year ended December 31, 2016 and has been approved by the Board of Directors.

Organization

Masimo Corporation is a global medical technology company that develops and manufactures innovative noninvasive patient monitoring technologies, medical devices, and a wide array of sensors. Masimo is committed to improving patient care globally, with operations in North America, Europe, Latin America, the Middle East, Asia, and Australia.

Policies

Masimo maintains internal policies for managing its supply chain business partners and adheres to the Code of Business Conduct and Ethics, available on the company website at: 
Codes of Conduct

Due Diligence and Verification

Masimo prohibits any form of forced labor, including slavery and human trafficking in its supply chain. Masimo evaluates suppliers through questionnaires, supplier audits, and risk-based assessments. Verification is not conducted by a third party.

Supplier Audits

Masimo audits suppliers identified as higher risk to evaluate compliance with company standards for trafficking and slavery in supply chains. Verification is not made by independent, unannounced audit.

Certification

Masimo’s supplier agreements and purchase order terms and conditions require suppliers to comply with all applicable laws and regulations. Currently, we do not require suppliers to certify that materials incorporated into the product comply with the laws regarding slavery and human trafficking of the countries in which they are doing business.

Internal Accountability

Masimo requires all employees, directors, officers, and consultants to comply with our Code of Business Conduct and Ethics which prohibits any form of forced labor, including slavery and human trafficking in the supply chain. Masimo maintains a compliance program and periodically requires employees to certify compliance with the Code, investigates potential violations of the Code and other company policies, and takes disciplinary action when necessary.

Training

Masimo’s supply chain management and staff receive training on applicable company procedures designed to eliminate the risk of human trafficking and slavery in the supply chain.

PLCO-001462/PLMM-10690A-0118