General rules conduct

CODE OF CONDUCT | 7 November 2021 1.2. General rules of conduct The principles of conduct are a fixed part of the WALTER GROUP business culture. Integrity starts at management level. Our managers are to commu - nicate the content and significance of our Code of Conduct to employees by means of exemplary personal conduct and social competence, and to help employees implement the same. Each employee bears personal responsibility for upholding these principles. The principles of conduct apply both internally as well as towards our business partners. Each employee is entitled and requested to report any violations of the Code of Conduct or laws and regulations to their line manager (e.g. operations management, commercial management, sales ma - nagement or head of shared services or services). They are then obliged to deal with the report in strict confidentiality and look into it with the utmost care and consideration. No employee shall suffer any disadvantage in the company as a result of making a report of this kind. The WALTER GROUP Code of Conduct is brought to the attention of new employees as part of their training. By signing they agree to always comply with the rules of conduct. 1.3. Compliance abidance by the law and by the rules According to todays understanding compliance basically stands for acting in accordance with exist- ing law, calculation of taxes conformable to law and their payment on the due date, data protection as well as for adherence to internal guidelines and rules of conduct. With this Code of Conduct the management board of the WALTER GROUP determines appropriate meas - ures in order to ensure the compliance of all group companies and their employees. Compliance with the law and provisions in force on a national, European and international level is a basic principle of the WALTER GROUP. Each employee regardless of position in the com - pany is obligated to observe the internal rules of conduct (such as circulars or work instructions) as well as all legal provisions within their field of respon- sibility and act accordingly. The WALTER GROUP legal department must be consulted for any queries regarding legal provisions. Each employee regardless of possible civil or penal consequences must expect disciplinary action in the case of deliberate violations of these basic principles.