Spanos Group maintains a clear organisational structure with well-defined lines of responsibility, accountability, and decision-making.
Management is exercised by the Board of Directors and the Managing Director, who oversee corporate strategy, financial stability, and compliance with the regulatory framework.

The company’s operations are based on the principles of:

• Transparency and accountability,
• Integrity and professionalism,
• Responsible business conduct,
• Continuous improvement and effective communication.

The governance structure includes distinct departments (Commercial, Technical, Engineering, Accounting), which operate within a unified strategic framework and shared corporate values.

The company implements governance policies and procedures that ensure legality, accountability, and integrity in every transaction and partnership.
Key policies include:

• Regulatory Compliance Policy: Full adherence to all legal and regulatory requirements.
• Procurement Policy: Supplier selection based on quality, reliability, and environmental and social criteria.
• Data Protection Policy (GDPR): Full compliance with EU Regulation 2016/679 and national data privacy laws.

• Health & Safety Policy: Prevention of occupational risks and protection of employees.
• ESG Monitoring Policy: Annual data collection and evaluation of sustainability indicators.

Spanos Group plans to establish an Internal Operating Regulation, which will define in detail the company’s decision-making processes and responsibilities, further enhancing transparency and institutional governance.

The company has developed a Code of Ethics and Conduct outlining the behavioural principles, values, and obligations of all employees, partners, and suppliers.
The Code is published on the company’s website and includes:

• Principles of transparency, honesty, and professional integrity,
• Commitment to equal treatment and zero tolerance for any form of discrimination,
• Respect for human rights and prohibition of forced or child labor,

• Environmental protection and responsible use of natural resources,
• Zero tolerance for corruption and bribery,
• A communication and reporting framework (“whistleblowing”) for violations.

Employee awareness of the Code is ensured through internal training and readily available online materials, guaranteeing that all personnel understand and adhere to the company’s ethical principles.

Spanos Group maintains zero tolerance for any form of corruption, fraud, or unethical practice.
The company has established internal control mechanisms, including:

• Dual approval checks for major transactions,
• Cross-verification of data and records,

• • Segregation of duties in critical positions,
  • Annual financial audits and internal process reviews.

  Ethical and integrity principles are also extended to suppliers and business partners through contractual clauses and ESG-based selection criteria.

The company is certified under ISO 9001:2015 (Quality Management System), ensuring full traceability of processes, product quality control, and customer satisfaction.

This certification provides the foundation for developing additional management systems (ISO 14001, ISO 45001) as part of the company’s broader ESG strategy.

Spanos Group has established the role of Sustainability Officer, responsible for:

• Collecting and evaluating ESG data,
• Preparing the Annual Sustainability Report,
• Coordinating with departments on quality, environmental, and social responsibility matters,
• Informing management on compliance and improvement actions.

Management receives an annual sustainability report, which includes performance indicators, risk assessments, and improvement proposals.
This process contributes to the continuous enhancement of the company’s ESG profile and strengthens stakeholder trust.

Corporate ethics form the core of Spanos Group’s business culture.
Management is committed to operating with integrity, social sensitivity, and respect — ensuring that every business decision is guided by the principles of sustainable progress, responsibility, and transparency.