Code of Conduct and Ethical Standards

To ensure the highest standards of professional and ethical conduct, the company has implemented a number of procedures addressing:

  • Professional and ethical conduct.
  • Transactions with related parties.
  • Conflicts of interest.
  • Confidentiality and security of information.
  • Reporting violations (whistleblowing).

Code of Conduct and Professional Ethics: The Board of Directors has adopted a Code of Professional and Ethical Conduct setting forth the principles that its members must follow in all their actions. It affirms the values of honesty, integrity and ethical conduct in all transactions within or outside the company.

Transactions with Related Parties: The Board’s policy for transactions with related parties sets out rules of conduct in accordance with international standards, the company’s Articles of Association, and instructions issued by the regulatory authorities.

Conflict of Interest.In the event of a conflict of interest, the Board of Directors has a policy in place to handle it in accordance with the law and in such a way as to ensure that no one can exploit company resources or misuse their power to put their own special interests above the interests of the company.

Secrecy and security of information: We are committed to maintaining the confidentiality of data associated with customers, suppliers and employees, in accordance with the rules prescribed by the regulatory authorities.

Whistleblowing policy: The company is committed to adhering to ethical values and laws in its dealings with all stakeholders. It has therefore adopted reporting procedures that guarantee the freedom to report any unlawful practice or ethical violation through direct channels of communication with the Chairman of the Board of Directors, with full protection assured until an investigation can be completed.

Such communications can be submitted by calling 00966175296661, emailing or placing a report in a closed envelope in the Infringement Reporting Fund located at the company’s headquarters.