The compliance policy of Aeronamic states that we comply with all applicable US export control requirements concerning the transfer, release, export, re-export, sale or disposal of any US export-controlled equipment, technical data or technology. The export compliance program is designed to enable Aeronamic to meet the applicable requirements of the International Traffic in Arms Regulations (ITAR), the Export Administration Regulations (EAR) and regulations administered by the Office of Foreign Assets Control (OFAC). Compliance with US export controls is seen as a fundamental condition for the successful participation by Aeronamic in all of its (inter)national programs.
It is the policy of Aeronamic to comply with all applicable US export control requirements concerning the transfer, release, export, re-export, sale or disposal of any US export-controlled equipment, technical data or technology. The export compliance program is designed to enable Aeronamic to meet the applicable requirements of the International Traffic in Arms Regulations (ITAR), the Export Administration Regulations (EAR) and regulations administered by the Office of Foreign Assets Control (OFAC).
Compliance with US export controls is seen as a fundamental condition for the successful participation by Aeronamic in all of its (inter)national programs. Violation of the US export controls may result in serious consequences for Aeronamic. Administrative or criminal penalties, substantial fines, exclusion from participation in a program and also great harm to the Company’s reputation can be the result of such a violation.
The Company is therefore committed to provide sufficient resources to prevent violations from taking place and to comply with applicable US export control requirements.
The Company and its employees are aware that in addition to shipping goods or technology from any company facility worldwide (indirectly or directly), exports can include transferring information to foreign nationals by telephone, e-mail, presentations and customer visits. Under no circumstances will exports be made contrary to the Company’s export control policies or applicable US export controls.
It is a duty of all employees to be familiar and in accordance with US export controls. If there are any questions or unclarities concerning Aeronamic’s compliance policies or adherence to US export controls contact the Security and/or Export Compliance Officer.
Steffen de Vries
CEO