Employee Code of Conduct

We have a Group-wide Employee Code of Conduct in place to help strengthen general governance. The code serves as the cornerstone of ethical and social behaviour in day-to-day operations, and is aligned with the core values of the company.

The code is part of a Global Compliance Programme and is implemented by compliance managers worldwide, with the involvement of the works council.

The code covers key issues such as:

• How to treat business partners and third parties (including conflicts of interest)
• Handling information
• Complaints
• Special rules for dealing with financial matters.

All line managers must ensure compliance with the code. Employees who violate the Code of Conduct while conducting Group business will be subject to disciplinary measures, and may have their employment terminated. All employees are trained to apply the code through a global e-Learning tool which was launched at the end of 2007.

• Employees who violate the Code of Conduct while conducting Group business will be subject to disciplinary measures, and may have their employment terminated.

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