HELLENIC CABLES Member of CENERGY HOLDINGS

Our goal is to constantly improve our products and services and to urge our employees to follow Precautionary Approach.

Employees and business partners, working in the production plants of HELLENIC CABLES.

Continuous action, which has been implemented since 2010. Employees with best new ideas are rewarded once a year.

The Company implements Management Systems in all fundamental operational aspects (Environment, Health and Safety) and continuously aims to improve products and services, but also its internal operations.

For that reason, the Company brought forward the System of submitting new ideas and proposals. All the employees - regardless of divisions and departments - can participate. The proposals should relate to one of the following issues:

• production,
• maintenance,
• safety of employees and facilities,
• environmental protection,
• operation of the sales department or financial services.

For the purposes of submitting new ideas, a special form available to the employees has been developed and used. Each employee submits his proposal using this form. The proposal submitted summarizes also the benefits that will result from the implementation of the proposed change - idea. The completed forms are submitted to the Head of Human Resources Department, who, at regular intervals (at least every two months), communicates them to the appropriate Assessment Group. The Group consists of the Director of the relevant Plant, Head of Cable Engineering Division and Head of Technical Division. After the evaluation of the submitted ideas, the General Management is informed and finally decides whether or not to implement the proposal and thus to reward the employee who proposed the idea.

100% implementation by all employees and Company executives.

Employees are the "soul" of the system of submission of new ideas and proposals.

All the Company's facilities.

In 2013, the System of submission of new ideas and proposals highlighted that proposals for operational improvement were given by the employees. Thirty (30) new ideas were proposed in total during 2013, 20 of which were implemented and rewarded.

It must be noted that both the participations and the rewards are each year increasing (during 2012, 8 new ideas were proposed in total, 6 of which were implemented and rewarded).

Though the System of submission of new ideas and proposals by the employees, the Company improves issues related to:

• production,
• maintenance,
• safety of employees and facilities,
• environmental protection,
• operation of the sales department or financial services.

The System has indicated that the ideas of the employees may lead to innovative solutions and suggestions.