Avoiding conflicts interest

10 | CODE OF CONDUCT November 2021 WALTER GROUP employees shall always undertake to make their business decisions in the companys interest and not based on possible personal interest. A conflict of interest arises if a decision that would be best for the company stands in opposition to personal or private interests and can therefore no longer be made impartially. In this case, affected employees are obliged to consult their line manager (e.g. opera - tions management, commercial management, sales management or head of shared services or services). There is also a conflict of interest when invitations or gifts exceed the usual business boundaries. In order to prevent conflicts of interest, WALTER GROUP employees are strictly forbidden from enga - ging in competing activities or business. 3. Avoiding conflicts of interest