Export control policy

Export Control Policy

BOND47 is committed to complying with all applicable export control, sanctions, and customs laws in every country where it operates. This Export Control Policy applies to all employees, directors, contractors, and third parties acting on our behalf, as well as to customers and suppliers who interact with our products, technology, or services.

Purpose and scope

This Policy covers the transfer, export, re‑export, transit, and import of products, spare parts, software, and technical data used in our aviation, maritime, and electronics activities. It applies to physical shipments, electronic transfers, technical assistance, and any other form of cross‑border movement, including access to controlled technology by foreign nationals.

Classification and licensing

Certain items, software, and technologies handled by BOND47 may be subject to export control lists, embargoes, or licensing requirements. These controls may restrict where we can ship, who may receive our products, and how they may be used. BOND47 is responsible for classifying its items, determining licensing needs, and obtaining any required authorizations before exporting or sharing controlled items or data.

Restricted destinations, parties, and uses

BOND47 does not conduct business with countries, regions, organizations, or individuals that are subject to comprehensive sanctions, embargoes, or other restrictions, except where explicitly permitted by law and, where necessary, licensed by the competent authorities. We also prohibit the use of our products and services in connection with weapons of mass destruction, military end‑uses in restricted destinations, or other prohibited end‑uses. Screening of customers, suppliers, and transactions against applicable sanctions and denied‑party lists is an integral part of our processes.

Responsibilities of customers and suppliers

Customers and suppliers must comply with all applicable export control and sanctions laws in their own activities involving BOND47 products, software, or technology. They must not resell, transfer, or otherwise make available our items to any destination, end‑user, or end‑use that would violate such laws. Where required, they must obtain their own export or import licenses and provide BOND47 with accurate information about the intended end‑use and end‑user. Any diversion contrary to law or contract is strictly prohibited.

Record‑keeping and documentation

Accurate records of export classifications, licenses, commercial invoices, shipping documents, and end‑use or end‑user statements must be kept for the periods required by law. BOND47 maintains procedures to document compliance with export control requirements and may request similar documentation from customers and suppliers as part of due diligence or audit activities.

Training, controls, and reporting

Employees whose roles involve international trade, logistics, sales, procurement, or technical support receive appropriate export control training and are expected to follow internal procedures, including escalation when uncertainty exists. Any suspected breach of export control or sanctions laws, or of this Policy, must be reported promptly through designated reporting channels. BOND47 will investigate concerns, take corrective action where needed, and cooperate with regulatory authorities as required.

Consequences of non‑compliance

Violations of export control and sanctions rules can lead to serious civil and criminal penalties for both individuals and companies, including fines, loss of export privileges, and reputational damage. Breaches of this Policy may result in disciplinary measures, up to and including termination of employment or contracts, and may lead to the suspension or termination of business relationships with customers or suppliers involved.