Nevsun has a thorough, separate, and distinct AntiBribery and Anti-Corruption Policy which is appended to our Code of Ethics and is included in induction training of all new employees. Within this policy, Nevsun reiterates its commitment to full compliance by the Company and its employees, officers, and directors to ensure they conduct their business relationships in compliance with the Corruption of Foreign Public Officials Act (Canada), the US Foreign Corrupt Practices Act, the UK Bribery Act, as well as any local anti-bribery or anti-corruption laws. This policy supplements the Code of Ethics and all applicable laws and provides guidelines for full compliance with such laws and company policies applicable to the Company’s operations.

Internal financial controls are in place to monitor the aspects of the business which could potentially be affected by incidents of corruption. All of our business units at both the corporate level and at the Bisha Mine are reviewed regularly for risks relating to corruption.

shutterstock_130210745We have not encountered any corruption practiced by Government of Eritrea officials, representatives, or any organizations connected to the Government of Eritrea. We have made no payments to any officials or representatives of the Government of Eritrea, which also takes a strong stand on corruption and the conduct of such illegal activities could result in the loss of the Bisha mining license.