Whistleblower & Grievance Policy

Information about the policy

All employees, external and internal, are encouraged to raise genuine concerns about possible improprieties in matters of financial reporting and other malpractices at the earliest opportunity, and in an appropriate manner.

The whistleblowing (anonymous) reporting form is open to any internal or external employees, former employees and third parties such as suppliers and contractors.

This policy is designed to:

• Support our values
• Ensure employees can raise concerns without fear of suffering retribution, and
• Provide a transparent and confidential process for dealing with such concerns

This policy not only covers possible improprieties in matters of financial reporting, but also:

• Fraud
• Corruption, bribery or blackmail
• Criminal offences
• Failure to comply with a legal or regulatory obligation
• Miscarriage of justice
• Act or omission in which the public interest is at stake
• Endangering the health and safety of an individual
• Endangering the environment; and
• Concealment of any of the above

Principles

• All concerns raised will be treated fairly and properly.
• We will not tolerate the harassment or victimization of anyone raising a genuine concern.
• Any individual making a disclosure will retain their anonymity unless they agree otherwise.
• We will ensure that any individual raising a concern is aware of who is handling the matter.

We will ensure no one will be at risk as a result of raising a concern even if they are mistaken. This also applies to those who have assisted with the report, such as the advisor in confidence and concerned colleagues. We do not however extend this assurance to someone who maliciously raises a matter they know to be untrue.

Grievance procedure

Any (internal or external) employee, former employee or third party, who believes reasonably and in good faith that malpractice exists within the workplace of Parakar, he/she/they/them should report this immediately to their manager.

If for any reason they are reluctant to report the malpractice to their manager, they can report their concerns to:

• The Group General Counsel, or
• The Group HR Manager, or
• The Group Financial Controller

These people have the duty of confidentiality.
Any person filing a report, hereinafter is referred to as “Whistleblower”.

Whistleblowers concerned about speaking to another member of staff can report anonymously via the link below. Internal employees can also report via their Personio-dashboard.
In this case their concerns will be reported to the Company without revealing their identity.

If these channels have been followed and the Whistleblower still has concerns, or if the Whistleblower feels the matter is so serious that it cannot be discussed with any of the people above, they can contact Parakar’s Founder/CEO.

For the avoidance of doubt, if the Whistleblower prefers to report a concern immediately via the link on Parakar’s website or Personio without speaking to the above channels, we give him/her/they that possibility.

The Whistleblower also has the opportunity to seek advice, or file a report of a concern with the Dutch Whistleblowers Authority (“Huis voor Klokkenluiders”).

Report