Principles of our corporate policy

1. The policy of our company is determined by the shareholders in dialogue with the management.
   
   
2. To safeguard our jobs, an income-oriented basic attitude is required, based on stable sales development and the cost-conscious use of our production factors.
   
   
3. The most important production factor of our business process is the personnel. The top priority of all managers and employees is to promote the motivation of the individual through mutual respect, performance-oriented assessment, cooperation, human fairness and professional support. We have written down our dealings with one another in our CSR policy.
   
   
4. The politically motivated technological break in the automotive industry towards e-mobility is massively changing the markets. The industrialisation of Germany as a business location is leading to unequal competitive conditions within Europe and the world.
   New products in the field of hydrogen technology and in the field of alternative drive systems in general are our focus here. Intelligent automation solutions are also a new possibility.
   
   
5. For us as a producer and development partner with a wide-ranging product and service portfolio, the company’s development depends decisively on the quality of our products. We are committed to complying with all legal requirements and the requirements of relevant interested parties. Securing and improving our quality standards is therefore of great importance for every employee. The requirements from the legal regulations are integrated and observed in all areas. Likewise, all sanctions regarding the Russian war of aggression against Ukraine will be followed and supported.
   
   
6. Maintaining our competitiveness requires each and every one of us to meet our deadlines and to be reliable towards our customers. For the professional and timely solution of problems, the partnership-based contact with the customer is indispensable. We are therefore forcing on new markets with new products outside of Germany in order to continue to exist as a strategic partner in the market.
   
   
7. Only the satisfaction of our customers with the processing of their orders ensures us an economically assured company-existence and forms the starting point for orientation to new markets and customers.
   
   
8. We practice integrated environmental protection and are comitted to continuously improving our environmental performance. The economical, economically sensible use of the resources used, not only for reasons of cost reduction, but also in awareness of our social and political responsibility. We commit to comply with applicable legal requirements. Furthermore, environmentally friendly products and manufacturing processes are decision criteria in the selection of suppliers. We support our customers in solving environmental problems by further developing of our products and offering technical advice.
   
   
9. The national and international competition requires us to constantly strive to optimize and improve our operating processes. We are comitted to systematically defining corporate goals, regularly evaluating their fulfillment, and continuously improving our processes. In this way, we ensure the optimization of our operations, the quality of our products, and the satisfaction of our customers.
   This obligation is imposed on all employees, in the responsibility to all families whose economic foundation is called “Lahnwerk”.
   
   

Biedenkopf, 14th November 2025
Harald Nispel, managing director