Bacardi Limited is the largest privately held spirits company in the world. The Company produces and markets a variety of super premium and premium spirits that are distributed and sold globally. We are committed to managing our operations responsibly to benefit our people, consumers, customers, suppliers, local communities and to protect the environment.

As a large multinational business, we have relationships with more than 2,000 suppliers in countries throughout the world. They supply Bacardi with everything from sugar to stationery. Increasingly, society expects companies to extend their responsible business practices to their supply chain, where their influence as buyers can make a real difference.

We recognize that our impact in society extends beyond what happens in our day-to-day operations and encompasses the impacts of our suppliers. Particularly:

• The working conditions of employees
• Management of natural resources and waste
• Environmental pollution and effects on biodiversity
• The impact on local economy of wealth generation and employment

We believe that working in close cooperation with our suppliers strengthens our business and improves the quality of life of the people we touch whether they are employees, suppliers, neighbors or customers.

Bacardi is determined to achieve the highest standards of Responsible Sourcing throughout its extended supply chain. Our policy is to engage with suppliers of goods and services to assist them in meeting our Responsible Sourcing standards including providing safe and fair working conditions, responsible management of environmental and social issues and legitimate business practices.

Achieving continual and measurable improvement in Responsible Sourcing is integral to Bacardi's business strategy. We recognize that, within our supply chains, there are many different national cultures with their own laws, norms and traditions which we must acknowledge and respect. Some suppliers will face more complex issues than others in implementing and meeting our Responsible Sourcing standards. In these areas, Bacardi is committed to working with all relevant bodies to deliver effective action plans for change. We believe by working together with our suppliers we will strengthen our business and improve the quality of life of the people we touch.

We will review adherence to this policy and issue guidance on how these priorities should be interpreted from time to time.