Code of Ethics

Of

C.O.I.M. S.P.A.

C.O.I.M. S.P.A. – CHIMICA ORGANICA INDUSTRIALE MILANESE - operates in the Chemical Speciality Industry particularly in polyurethane specialities.

COIM S.P.A. abides by the principles of fairness and correctness contained in this Code, which the company believes to be a key factor of its success, underpinning all its operations and those of its affiliates.

The aim of this Code of Ethics is to provide clear and transparent principles and guidelines which must inform all operations of C.O.I.M. S.P.A. and companies of the COIM group, directing the conduct of its employees and anyone having dealings with the afore-mentioned companies.

C.O.I.M. S.P.A. intends for this Code of Ethics to serve as a fundamental element of its Corporate Compliance model and in view thereof, in drawing up this Code, account was taken of the Guidelines provided by Confindustria for setting out the Compliance Models to be adopted vis-à-vis the prevention of offences referred to in Legislative Decree 8 June 2001 no. 231, on corporate liability. In drawing up this Code of Ethics account was also taken of the Ten Principles laid down in the United Nations Global Compact, which in their turn, draw on the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development and the United Nations Convention Against Corruption.

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