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ETHICS AND GOVERNANCE

STATEMENT ON
BANGLADESH

Following the recent fires and other catastrophes at several apparel manufacturing plants in Bangladesh, Michel Arsenault, Chairman of the Board of Directors of the Fonds de solidarité FTQ, and Yvon Bolduc, President and CEO, jointly signed, in May 2013, the Investor Statement initiated by the Committee on Workers’ Capital (CWC) to voice their outrage at these unacceptable events. This statement calls on leaders of that industry to implement systemic reforms that will ensure worker safety and welfare. The executive officers of the Fonds de solidarité FTQ have thus engaged major apparel companies and retailers to foster responsible procurement practices.