Ternium is committed to building a corporate culture of integrity, based on ethical behavior and the observance of law.
Our Audit Committee is composed of three independent directors. We have an Internal Audit Department that reports to the Chairman of the Board of Directors and to the Audit Committee.
We have a Business Conduct Compliance Officer that reports to the CEO, and is responsible for identifying and mitigating corruption risks and foster a culture of ethical and integrity conduct. He runs a corruption prevention program and is responsible for its internal communication and training activities.
We have established different policies, codes and procedures to ensure a transparent and compliant behavior.
We have a Code of Conduct reflecting the best practices in ethics and integrity. We have a Policy on Business Conduct regulating our relationships with public officers. Both norms are mandatory and a condition of employment. All our eligible employees must recognize that they received and understood, both policies. All our eligible employees were trained on our Policy on Business Conduct, and on how to recognize and deal with non-transparent situations.