Risk Based Approach to Vendor Management

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Risk Based Approach to Vendor Management April 15 th, 2015 Kari Krueckl Lamont Manager, Supply Chain Governance & Integration Cameco Corporation cameco.com

Outline Vendor Management Vendor Identification Material Vendor Management Service Vendor Management Preparation Prequalification ISN requirements Exemptions and variances Supplier Code of Conduct and Ethics

Vendor Management What is vendor management? Identifying new vendors and qualifying them for supply of goods and services Maintaining compliance of existing vendors to Cameco standards Why do we manage vendors? To achieve SCM s deliverable of supplying safe and reliable goods and services to our customers, the operations How do we manage vendors? Use a risk based approach

Vendor Identification Identify and track new vendors that have an interest in supplying Cameco with goods and services Self-Identification SCM@cameco.com http://www.cameco.com/contact/supplier_form/ Vendor Management Specialist, Jeff at 306-956-8120 Vendor ID Application - SCM Identified - Cameco Identified (other Departments)

Vendor Management Materials Services

Materials Materials Masters specifications, quality requirements, drawings, inventory settings, risk level, purchase order information Quality requirements Risk level

Materials Risk Level Design Process Complexity Design Maturity Production Complexity Product or Service Characteristic Economics Safety Environment

Materials Risk Levels 1 through 5 Identified quality requirements are monitored through inspection regardless of risk level Level 1 and 2 - Not Audited Level 3 - Only Tier 1 Audited Level 4 and 5 - All vendors Audited Low High

Services Vendor has been identified Vendor preparation set-up a vendor in Cameco systems and to define the requirements for prequalification based on the risk involved in the service they provide Vendor Prequalification Form Company, banking, financial information etc. Determine the risk level (Design Process Complexity, Design Maturity, Production Complexity, Product or Service Characteristic, Economics, Safety, Environment)

Services Risk Levels 1 through 5 Level 1 and 2 - ISN not required - Safety and quality programs are not audited - WCB and insurance required through (SCM) Level 3, 4 and 5 - ISN required - Safety programs are audited (ISN) - Quality programs are ISO9001 equivalent and audited (SCM) - WCB and insurance required (ISN) Low High

Services Prequalification to fundamental requirements Risk Level 1 and 2 WCB and insurance Risk level 3, 4, and 5 Must be graded an A, B, or C in ISNetworld OR Project Specific Prequalification form Used for major projects in pre-bid activities References, previous project information, drawings of previous work, equipment capacity statements, workforce capacity statements

Cameco Requirements in ISN ISN maintains a contractor scorecard for safety, insurance, WCB, and quality Cameco Scorecard includes: HSH Pre-Qualification Safety Performance RAVS Safety Programs Workers Compensation Premium Rate Statement Workers Compensation Account Status Insurance Contractor Evaluation (New 2015)

Cameco Requirements in ISN

Cameco Requirements in ISN

Exemptions and Variances Exemption Applies when a complete requirement is deemed not necessary, not applicable, would not add value or would cause undue hardship for a vendor Variance Applies when part of a requirement is deemed not necessary, not applicable, or would not add value for a vendor Insurance Safety programs Temporary use of an F Grade Vendor Temporary for a bid list

Supplier Code of Conduct and Ethics At Cameco, we have built a strong reputation for maintaining the highest standards of ethical behaviour. This is what has helped us grow into the global business we are today and is essential as we carry out our mission to bring the multiple benefits of nuclear energy to the world. Our decisions and actions are guided by our four values: safety and environment, people, integrity, and excellence

Supplier Code of Conduct and Ethics In alignment with our values, our organization and all of our employees have a duty to comply with applicable laws and regulations, and are expected to behave responsibly and ethically. We expect suppliers to operate in accordance with values consistent with ours and in a manner that is consistent with ethical business practices. This Supplier Code of Conduct and Ethics (Code) sets out our standards for those who provide goods and/ or services to Cameco, including their representatives and employees (suppliers). Legal Compliance - Employment Practices Anti-Corruption - Health and Safety Conflicts of Interest - Environment Gifts and Entertainment - Record Keeping Confidentiality - Compliance and Monitoring

Questions Thank you cameco.com