COINDU | Sustainability Report 2023

Corporate Governance business relations with other COINDU Employees, and with the other shareholders (Suppliers, Customers, competitors, Local community, local and National official entities and third party regulators). COINDU’s values, guiding principles as well as the recruiting policy, employee induction and employee development all follow strict em- ployee integrity guidelines. These Guidelines are documented at this Business Ethics code. The scope of this Business Ethics code it is all business relations between COINDU Employees and any shareholder. The principles in the Code of Business Ethics should apply to every business decision in every area of the company, highlighting crucial topics that should always be considered when taking those decisions. All Employees which have roles and responsibilities and functions which are within this scope, must acknowledge this Business Code of Ethics, sign it and strictly follow it. The Business Code of Ethics presents COINDU principles and rules regarding: 1. Prevention of Corruption & Integrity - No Corruption, Extortion, Bribery, Fraud and Embezzlement. 2. Privacy and Data Protection. 3. Financial Responsibility (Accurate Records). 4. Disclosure of Information and Protection of Confidential Information. 5. Fair Competition and Anti-trust. 6. Avoiding Conflicts of Interest. 7. Counterfeit Parts. 8. Intellectual Property. 9. Export Controls and Economic Sanctions. 10. Whistleblower Protection and Reporting Channels 56