International Sanctions Policy:

We are pleased to inform you that KOBsecurity Ltd companies have established the AML/CFT/Sanctions policy in order to reduce the possibility of being used as a channel for Money Laundering (AML) and Terrorist Financing (CFT), and to comply with International Sanctions (Sanctions) in our business practice. As a company, we are committed to conduct business in accordance with the highest ethical standards. Therefore, this Policy explains our individual responsibility in complying with all applicable laws and regulations aimed at combating money laundering through the identification of every counterparty we are conducting business with.

This Policy is a part of the KOBsecurity Ltd Compliance program by which we are seeking to:

identify and manage the possible AML/CFT/Sanctions violation risks to which KOBsecurity Ltd companies might be exposed to, including Reputational Risk;
protect KOBsecurity Ltd companies from being exploited as a channel for Money Laundering, Terrorist Financing and Sanctions violation;
ensure that KOBsecurity Ltd companies are compliant with various legislative/regulatory provisions in the field of AML/CFT/Sanctions; and
develop an appropriate internal control for detection and reporting of suspicious activities.
The Policy applies worldwide to all KOBsecurity Ltd companies and all of their employees, including, but not limited to, CEOs, VPs, officers and anyone working on behalf of KOBsecurity Ltd companies. All employees are expected to act with integrity and responsibility.

KOBsecurity Ltd companies comply with International Sanctions and trade restrictions, imposed by EU and US.

Moreover, in respect to Russia actions in Ukraine, KOBsecurity Ltd companies had cut its trade activities in Russia, Belarus and occupied territories of Ukraine.

In connection to this, KOBsecurity Ltd products are prohibited to re-export to Russia, Belarus, occupied territories of Ukraine, North Korea, Iran, Syria, Cuba, Myanmar (Burma) and for use in territories mentioned above.

Counterparties, which are established in states exposed to sanctions circumvention risk, based on Customs statistical data, should be held high risk.