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Odd Molly to join Fair Wear Foundation

Odd Molly International AB (publ)

PRESS RELEASE
Stockholm, June 3, 2009

Odd Molly is a clothing design company that commissions carefully selected suppliers in a number of countries in Asia and Europe for its external manufacturing. Since its inception in 2002, the company has prided itself on being a good world citizen and accepting responsibility for its business relations. Odd Molly’s objective is to continuously improve ethically and environmentally, which is why the company is now becoming a member of Fair Wear Foundation, an independent organization that works to improve working conditions in the textile industry.

As a result of the cooperation with Fair Wear Foundation, which will start in June, the organization will conduct independent inspections of Odd Molly’s manufacturers. Member companies undertake to comply with the Fair Wear Foundation’s Code of Labor Practices. As in the past, Odd Molly’s own staff, primarily purchasing and design departments, will continue to pay frequent visits to suppliers as part of the collection’s product development.

"Concern for our fellow men is a vital issue for Odd Molly. With a high historic growth rate and continued ambitious goals, the need for control, dialog and development of our suppliers is increasing. We want to do what we can to improve conditions and the working environment for those producing our products. Becoming a member of the well-established organization, Fair Wear Foundation, is a step in the right direction," says Christina Tillman, President of Odd Molly.

Odd Molly takes a keen interest in its fellow men and the environment - and how they can be affected by the company’s operations. The objective is to continuously improve the company’s responsibility for its business environment. Odd Molly subjects its current and potential suppliers to stringent demands with the aim of achieving close and long-term cooperation. The choice of suppliers is based primarily on product quality and delivery reliability, and the specialization or special skills of the supplier. The supplier’s standard, in terms of ethics and environmental work, is also important. Being a member of Fair Wear Foundation will additionally highlight issues in this area.

For further information, please contact:
Christina Tillman, President of Odd Molly, Tel: +46 (0)8-522 28 502 or +46 (0)733-10 60 00
Kristin Roos, Product Manager Odd Molly, Tel: +46 (0)8-522 28 538 or +46 (0)707-95 31 48
Sophie Koers, Marketing & Communications Manager, Fair Wear Foundation, Tel: +31 (0)20 408 42 55

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