Code of conduct

6 REFUSAL OF CORRUPTION & BRIBERY In general, corruption is understood to mean the abuse of entrusted power for private gain or benefit, both in the public and private sector. Corrupt behaviour can not only have serious consequences for our business and every individual, it also ultimately harms society as a whole. We do not tolerate any kind of corrupt behaviour or white-collar crimes in connection with any kinds of business activity. It is essential for our business activity that we are independent and unsusceptible to influence. We therefore avoid any circumstances that could influence our impartiality or even that could make it appear as if we were being influenced. This means that we do not give, promise or accept direct or indirect advantages that are likely to unduly influence decision-making processes or business activities or even just give the appearance of such influence. Business interests and private interests are obviously kept strictly separate. Only low value gifts that are customary in business are unproblematic. Gifts of money and non-cash benefits will never be offered or accepted. We act with special caution when dealing with public officials. We adhere to the internal anti-corruption guidelines as well as our processes for dealing with gifts and invitations. Doubts in relation to gifts that have been received or given must be cleared up with the superiors or the Compliance Organisation beforehand. “ We thrive on the trust of our stakeholders in the performance and the integrity of all employees. “

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