Corporate Governance Policy
Effective Date: 01/01/2023

INTRODUCTION

Relecto Electric Vehicle (Relecto EV) is committed to upholding the highest standards of corporate governance to ensure the well-being of our employees, stakeholders, environment, and the community we serve. This Corporate Governance Policy outlines our commitment to key principles including Equal Employment Opportunity, Employee Welfare, Environmental Accountability, Corporate Social Responsibility, and Dealer Fraud Ombudsman. We are the largest manufacturer of electric bikes in central India. Efficient electric bikes means an environment friendly product.

Equal Employment Opportunity

Relecto EV is an equal opportunity employer. We provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex, national origin, age, disability, or any other legally protected status. We are committed to fostering a diverse and inclusive workplace where every individual is valued and respected. We understand and follow Affirmative Action and therefore employ the local populace, especially the people from tribes in Chhattisgarh.

Employee Welfare

We value our employees as our most important asset. We are dedicated to promoting a safe, healthy, and supportive work environment. Our commitment includes:

• Providing fair wages and benefits that meet or exceed industry standards.
• Offering opportunities for career growth, professional development, and continuous learning.
• Maintaining open communication channels and encouraging employee feedback.
• Ensuring a work-life balance and recognizing the importance of employee well-being.

Environmental Accountability

Relecto EV is dedicated to minimizing our environmental impact and promoting sustainable practices throughout our operations. We commit to:

• Complying with all relevant environmental laws, regulations, and standards.
• Reducing waste, conserving resources, and minimizing our carbon footprint.
• Continuously seeking ways to improve energy efficiency and reduce emissions.
• Promoting the use of eco-friendly technologies and materials.

Corporate Social Responsibility

As a responsible corporate citizen, we strive to make a positive impact on society. We are committed to:

• Contributing to community development through philanthropic initiatives.
• Supporting local education, healthcare, and social welfare programs.
• Encouraging employee volunteerism and engagement in charitable activities.
• Conducting business ethically and transparently to earn the trust of our stakeholders.

Technical Intellectual Property Rights (IPR)

Relecto EV retains all intellectual property rights, including patents, trademarks, copyrights, and trade secrets, related to its products, designs, technologies, and software. Any unauthorized use, reproduction, or distribution of Relecto EV's intellectual property is strictly prohibited.

Dealer Fraud Ombudsman

Relecto EV is dedicated to maintaining ethical practices within our dealer network. To address any concerns related to dealer fraud, we have established a Dealer Fraud Ombudsman. This independent entity ensures that dealer operations adhere to our ethical standards and policies. Individuals can report suspected dealer fraud or misconduct to the Dealer Fraud Ombudsman, who will investigate and take appropriate actions to rectify any wrongdoing. We make affordable electric bikes in India and make them for the world. This Corporate Governance Policy reflects Relecto EV's commitment to conducting business responsibly, ethically, and transparently. We believe that upholding these principles is integral to our success as a socially responsible organization. We encourage all stakeholders to actively engage with us and provide feedback as we strive to continually improve our governance practices. For inquiries or concerns related to this policy, please contact us on the email/phone on this website.

Changes to the Corporate Governance Policy

Relecto EV reserves the right to update or modify these Terms and Conditions at any time. Any changes will be posted on our website with a revised "Effective Date."

Contact Us

If you have any questions or concerns about these Terms and Conditions, please contact us directly at the numbers given on this site. Thank you for choosing Relecto Electric Vehicle.

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