Code of Conduct is an integral part of the formal governance regime in Zalaris. This Code defines the core principles and ethical standards that form the basis on how we create value in Zalaris. Such principles and standards are further incorporated in other governing documents as appropriate. This Code shall apply to Zalaris ASA and any subsidiary in which Zalaris, directly or indirectly, owns more than 50% of the voting shares. Code of Conduct applies to members of the Board of directors, managers and other employees as well as those acting on behalf of the company.
This Code does not apply directly to the company’s business partners. However, Zalaris does not want to be associated with business partners that do not have appropriate ethical standards.
Everybody associated with Zalaris shall comply with the rules and guidelines. Whereas failure to perform can be excused, we can never compromise on our integrity. This is the way we shall conduct business in Zalaris and the way we shall create value for our customers, investors, staff and anyone benefiting from the services we provide.
The Code influences how we think about our actions and what we should and should not do. Every employee shall have an understanding of how this Code influences their daily work, and the ways to act accordingly. It is the personal responsibility of each employee to adhere to the applicable standards.
Line managers shall have an understanding of this Code as a platform for business decisions. They shall also have an understanding of their own role in implementing, overseeing, assessing and following-up that an ethical atmosphere is created consistent with the requirements of this Code.
We shall comply with applicable laws and regulations. In the event that there are differences between such laws and regulations and the standards set out in our Code of Conduct, the highest standard consistent with applicable local laws shall be applied.
Although the scope of this Code has been set to cover relevant ethical areas of conduct, there will be situations where this Code does not provide explicit guidance. In such situations the guiding principles shall be to act in the best interests of Zalaris, and to consult with your leader when you are in doubt as how to act.
Any questions on how this Code shall be interpreted or applied shall be addressed with your leader or applicable staff functions. Any unresolved questions shall be addressed to Zalaris’ Group Compliance Officer.