Relations with Government

Disclosure 207-3

The extract from the RadiciGroup Code of Ethics below highlights in a clear and exhaustive manner both the importance of Government as a Stakeholder of the Group and the necessary behaviour in relationships with Government officials.

"Government is a key stakeholder. We carry out relations with Government following the strictest principles of legality, fairness and transparency, in full respect of Government impartiality.

Our relations with government officials and representatives, including Supervisory Authorities, are maintained solely by trained and appointed Staff who act transparently, ensuring prompt replies, avoiding any ambiguous behaviour and guaranteeing completeness and verifiability in sharing the information requested.

We guarantee complete traceability of relations with Government and maintain documentation regarding meetings and contact with officials (e.g. verbal statements and official communications via email and certified email addresses). As part of business negotiations, requests or relations with Government, we never, for any reason, behave in a way designed to give our Companies an unfair or illegal advantage."

We never use grants, subsidies or funding from the State, public bodies or the European Union for purposes other than those for which they were intended, even if the amounts involved are of limited value.

We carry out all the activities described here in full respect of current regulation, whether this applies to the Italian Government or to foreign authorities.

We actively collaborate with judicial authorities and avoid any behaviour that could influence the actions of judicial authorities and their representatives."

- From the RadiciGroup Code of Ethics -