3 INTEGRITY & COMPLIANCE WITH THE REGULATORY FRAMEWORK The integrity of each individual is essential for gaining and keeping the trust of our customers, suppliers and owners. Moreover, this is the only way to avoid serious legal and economic risks. We are unreservedly committed to behaving with integrity and complying with the law. We would rather miss out on a deal and on achieving an internal objective than violate applicable law. We follow existing laws, official regulations and intra-group guidelines. If the regulations of national laws are stricter than our internal regulations, national law takes precedence. It is natural for us to protect our investments and handle them with care and to not use or appropriate them improperly or illegally to our own ends. Unlawfully taking, embezzling or abusing financial and material resources of our company harms all of us.
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