RJC Policy

1. HASENFELD-STEIN INC. BPP POLICY & COMMITMENT

HASENFELD-STEIN INC. is a diamond trading and manufacturing company, located in New York (USA) and adheres to De Beers’ Best Principle Practices (BPP).

The BPP is a code of ethics and a set of standards, continuously monitored to protect diamond equity. Key aspects include adherence to the Kimberley Process, compliance with AML, CFT and other financial legislation, full adherence to local employment laws and health & safety regulations, zero tolerance of child labor, forced labor and human rights abuses, best environmental practice and adherence to product integrity standards.

The BPP has developed a credible mechanism for verifying responsible business practices through third party auditing.

As an adherent to the BPP standards, we commit to operate our business and that of our subsidiaries in accordance with the BPP regulations. We commit to integrate ethical, human rights, social and environmental considerations into our day-to-day operations, business planning activities and decision-making processes.

We invite all our visitors, business partners and stakeholders to join us in upholding all the BPP standards to help us protect the overall diamond equity.

0.1 HASENFELD-STEIN INC. RESPONIBLE JEWELLERY COUNCIL POLICY

HASENFELD-STEIN INC. is a diamond trading and manufacturing company, located in New York (USA)

HASENFELD-STEIN INC. is a Certified Member of the Responsible Jewellery Council (RJC).

The RJC is a standards-setting organisation that has been established to advance responsible ethical, human rights, social and environmental practices throughout the diamond, gold and platinum group metals jewelry supply chain.

The RJC has developed a benchmark standard for the jewellery supply chain and credible mechanisms for verifying responsible business practices through third party auditing.

As a Certified RJC Member, we commit to operating our business in accordance with the RJC Code of Practices. We commit to integrating ethical, human rights, social and environmental considerations into our day-to-day operations, business planning activities and decision-making processes.

New York, March 15^th 2024

Mr. Hertz Hasenfeld, President

HASENFELD-STEIN INC.