Code of Conduct and Whistleblower policy

Code of Conduct and Whistleblower policy

Draka Holding actively promotes awareness throughout the Company of the importance of good corporate governance. In the framework of good corporate governance, the Board of Management and the Supervisory Board of Draka Holding introduced a Code of Conduct in 2007, which reflects Draka Holding’s core values and standards and includes a clear Mission Statement for all employees within Draka. This Code of Conduct applies throughout Draka and covers all companies affiliated with Draka Holding. Next to the Code of Conduct a Whistleblower procedure has been introduced. For the purpose of this policy, a compliance system has been developed, which provides the basis for effective reporting of potential abuses within Draka. As part of Draka’s corporate governance policy and procedures, the Company Secretary serves as Compliance Officer. As such, she is also the prime employee contact as part of the Whistlerblower scheme.

Mission Statement

Draka's mission is to become one of the worlds leading cable manufacturers, be the best at what we do, with a sound financial basis, a balanced geographical spread and an extensive, technologically advanced product portfolio. In this way, Draka aims to be an attractive partner for all its stakeholders: customers, employees, shareholders, financiers and suppliers. Draka also takes its social obligations seriously by investing in sustainable technology.

Our Core Values

Respect

• For the Individual, regardless of their national origin, race, gender, or disability


• For our Customers, Suppliers, and Co-workers


• For the Environment


• For the Communities in which we operate

Integrity

• In all our relationships which are built and sustained by trust


• In our adherence to the law


• Demonstrated through our Ethical Conduct in everything we do


• To do the "right thing"

Accountability

• To take action consistent with our responsibilities


• To our Shareholders, Customers, and Co-workers


• To service our customers at the highest level possible


• For our personal growth and contribution to our success


• For our Results

Discipline

• In executing our business plans, processes, and procedures


• In creating & identifying best practices in industry and implementing them expeditiously

Our Operating Environment

Quality

The quality, reliability, delivery, and servicing of our products will meet or exceed our internal and external customers’ requirements and expectations.

Customer Focus

We are committed to meeting or exceeding the requirements of both our internal and external customers, on time, every time, without fail.

Long Term Profitability

We are committed to maintaining a portfolio of businesses with long term, sustainable profitability. This profitability must allow us to reinvest in our business while providing our shareholders with returns consistent with their investment expectations.

Health and Safety

We strive to meet the highest health and safety standards for our employees.

Innovation

We are committed to providing solutions for our customers by developing new products in partnership with them.

Entrepreneurship

Draka is an organization of inventive business entrepreneurs, pursuing new markets and a broader base of customers for our products.

Code of Conduct

To fulfil our mission and to act in accordance with our values and operating environment, we have our Code of Conduct. In addition to this Code of Conduct, employees are expected to comply with all (local) internal regulations of the company which can be applicable to them such as:

• HR Policies


• Regulations on the holding of and effecting transactions in shares


• E- mail and Internet policy


• Purchasing and Commercial Issues Policy


• Health and Safety Policy


• Financial Accounting Policy and the Audit Policy


• Whistle Blowing Procedure

It is important that if you have questions regarding this Code of Conduct or any of the other internal policies you first seek guidance from your manager and secondly ask your local fiduciary officer or HR department. You can also contact Draka's Compliance Officer: e-mail: complianceofficer@draka.com.