COMPLIANCE

Our goal is to lead Klöckner & Co successfully and sustainably into the future as an innovative company with a clear customer focus. In doing so, we are aware of our responsibility for the environment, the general public, our employees and our shareholders.

Continuous economic and social change in an agile market environment, characterised by digital and ecological transformation, are the challenges we face.

This requires a few core values that guide our decisions and actions:

• Responsibility and Credibility
• Sustainability and safety, and
• empowerment of our employees

These core values also require compliance, i.e. that we adhere to laws, internal regulations, voluntary commitments and ethical principles, especially respect and appreciation. Without exception. Illegal and unethical behaviour is not acceptable - always and everywhere in the world!

Our Code of Conduct is the compass that guides us to set the right course even under difficult weather conditions. This requires a determined attitude of integrity, especially from our leaders but also from each and every employee.

It is important to me that you all understand that our Code of Conduct is not just a means to avoid penalties and fines. Rather, it is important that we are all convinced of its basic ethical values and rules and behave accordingly.

It depends on all of us and I trust that you are with us.

Guido Kerkhoff

Chairman of the Executive Board Kloeckner & Co SE