Regional (EMEA) Distributor Compliance Summary 2015

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Presentation transcript:

Regional (EMEA) Distributor Compliance Summary 2015

Nu Skin Europe, Middle-East and Africa (“EMEA”)

EMEA Distributor Compliance Summary 2015

EMEA Distributor Compliance Summary 2015 This compliance information is provided by EMEA Nu Skin Locals, on behalf of Nu Skin International Inc. (“Nu Skin”). The following summary contains remedial measures imposed by the Distributor Compliance Review Committee (“DCRC”) for violations reported between January and December 2015. Total number of EMEA distributors with violations: 522 Titles Affected Remedial Measures Imposed* Distributor: 371 Education/Warning Call or Letter: 237 Executive: 76 Business Holds: 19 Gold: 26 Probation: 97 Lapis: 22 Merge/Move: 114 Ruby: 16 Termination 74 Emerald: 8 No Action: 21 Diamond: 2 Blue Diamond: 1 *One distributor may incur multiple remedial measures EMEA Distributor Compliance Summary 2015

EMEA Distributor Compliance Summary 2015 Nu Skin is committed to operating its business in compliance with applicable laws and regulations, and to protecting consumers and customers alike. The Company is also committed to ensuring that its Independent Distributors act in a similar manner. The company believes that an effective compliance program should focus on five key areas: Company Policies and Procedures Education and training Monitoring compliance Remedial measures Evaluation and oversight EMEA Distributor Compliance Summary 2015

EMEA Distributor Compliance Summary 2015 The Company established the DCRC to review and monitor distributor activities. The DCRC meets on a monthly basis and is managed by the President and Representative Director. The DCRC is also comprised of several members of senior level management. The purpose of the DCRC is as follows: Develop and maintain policies related to distributor compliance and supervision. At this time, Nu Skin EMEA is particularly focused on advertising practices, whether of the products or the business opportunity, product diversion, and educating distributors on appropriate sponsoring practices. Educate and train distributors on how to build a healthy, long-term business. Nu Skin EMEA and distributors alike can enhance the company’s reputation by demonstrating an unwavering commitment to comply with applicable law. Enforce the terms and conditions of the Distributor Agreement, including the Policies and Procedures and Sales Compensation Plan. EMEA Distributor Compliance Summary 2015