Message from the CEO

The EXEL Industries Group has fundamental principles to guide the work behaviors of its staff. These principles include responsibility, integrity, respect for others, objectivity, loyalty and trust.

These principles are in line with the Group’s values, which are:

• Customer service: The customer is our priority.
• Product Love, Innovation: We are passionate about our products and our work;
• Excellence, Professionalism: We strive for excellence in every detail.
• Trust, Initiative: Initiative is a driver of progress and success.
• Frankness, Transparency: Communication builds buy-in and cohesion.
• Solidarity: Sustainable success is always collective.
• Pride of belonging: Always with, never against.
• Corporate Responsibility: We are committed to improving our environment and quality of life.

The Group’s Code of Conduct formalises and reinforces these principles. It expresses respect for the law and people, as well as responsibilities to customers and other stakeholders. This indicates how employees/corporate officers should behave and how to report and resolve any conduct problems. The performance objective can in no way justify a violation of the rules mentioned in this Code.

The Code is not exhaustive: it helps people make decisions and conduct themselves properly. But it must not go against the laws, rules and statutes that apply to the EXEL Industries Group. It applies in the absence of such binding rules.

Each is responsible for the Group’s ethics and their dissemination to the Group’s stakeholders, external partners and co-contractors (e.g. suppliers, customers, intermediaries, service providers and subcontractors). We ask all employees, managers and representatives of the Group or any of its companies, regardless of position, rank or country, to comply with the principles of professional ethics recalled in this Code. It is the responsibility of all employees/corporate officers to familiarize themselves with this Code and to understand how it applies on a daily basis.

The Ethics Committee and the whistleblowing procedure are available to everyone to ensure the proper application of the EXEL Industries Code of Conduct.
In case of doubt about the implementation or compliance with the principles recalled in this Code, each employee must refer to his or her hierarchy or to the Ethics Committee, which will indicate the course of action to be taken.

Daniel TRAGUS
Chief Executive Officer of the EXEL Industries Group