Vendors are held accountable for non-compliance with Ulta Beauty's Manufacturing/Formulation Agreement and Vendor Purchasing Agreement. Vendors subject to the Manufacturing/Formulation Agreement are required to provide Ulta Beauty a written response to any audit observations Ulta Beauty's auditors issue to the vendors, and are to immediately implement any corrective actions or enhancements to their manufacturing, packaging and labeling operations and processes, as requested by Ulta Beauty.
If Ulta Beauty discovers that a vendor is not in compliance with the expected ethical standards, which include the elimination of human trafficking and forced labor within its supply chain, Ulta Beauty will provide such supplier with the opportunity to remedy any potential non-compliance through the implementation of a corrective action plan. If the supplier fails to remedy the non-compliance, Ulta Beauty reserves the right to eliminate such vendor from its supply chain. Ulta Beauty employees are held accountable for non-compliance with Ulta Beauty's Code of Business Conduct. In accordance with the code, any employee who is aware of a violation or suspected violation of the code, will refer the violation to the Senior Vice President of Human Resources or the Ethics Hotline. Violations of the code are addressed promptly by Ulta Beauty, subject to compliance with applicable laws or regulations, and may subject persons to corrective and/or disciplinary action, including termination of employment.