Compliance Statement

At ARTEEK, we are committed to maintaining the highest standards of legal, regulatory, and operational compliance across all our business activities. As a licensed Egyptian joint stock company operating in the energy, petrochemical, and infrastructure sectors, we recognize that transparency, governance, and regulatory alignment are vital to our long-term success and to the trust of our stakeholders.

1. Regulatory Compliance

ARTEEK operates under the supervision of and in accordance with:

All licenses and permits required for the development and operation of our projects, including land acquisition, industrial registration, environmental approvals, and customs clearances, are either secured or in finalization stages with competent authorities.

2. Legal & Corporate Governance

• ARTEEK is a registered joint stock company governed by Egyptian corporate law
• The company follows strict internal governance protocols, including board oversight, audit controls, and shareholder accountability
• Our contracts and investment instruments are prepared under the guidance of recognized legal advisors
• Regular compliance audits are conducted by independent third parties
• Whistleblower protections are in place for reporting concerns

3. Environmental Compliance

ARTEEK is fully committed to environmental responsibility and sustainability, and all our projects are designed to:

• Meet or exceed national environmental standards
• Include comprehensive Environmental Impact Assessments (EIA)
• Implement advanced technologies for emissions control
• Incorporate water treatment and recycling systems
• Apply best practices in waste management
• Monitor environmental performance continuously

We actively consult with local authorities and environmental experts to ensure continuous environmental compliance across construction, operation, and future expansion phases.

4. Anti-Corruption & Ethics

ARTEEK maintains a zero-tolerance policy for bribery, fraud, or corruption in any form. Our program includes:

• Mandatory compliance with our Code of Conduct & Ethics
• Strict adherence to anti-money laundering (AML) regulations
• Compliance with anti-bribery (ABC) laws including FCPA and UKBA
• Regular compliance training for all employees and partners
• Third-party due diligence procedures
• Gift and hospitality policies with clear thresholds

5. International Standards Alignment

Where applicable, ARTEEK aligns its policies and procedures with globally recognized standards:

6. Reporting & Oversight

Compliance matters are overseen by ARTEEK's Compliance & Risk Committee, which:

• Reports directly to senior management and shareholders
• Conducts quarterly compliance reviews
• Provides regular compliance reporting to regulators
• Ensures all necessary disclosures are made to stakeholders
• Maintains an open channel for compliance concerns