Code Of Conduct Fiat GroupFiat is an international group which, because of its size, activities and geographical spread, plays a significant role in the economic
development and welfare of the communities where it operates. The Group’s mission is to grow and create value by supplying innovative products and services for maximum customer satisfaction with due respect to the legitimate interests of all categories of stakeholders (1), fair employment practices, safety in the workplace, and in full compliance with the applicable laws and regulative directives of the countries, in which a Group company operates. 
On the basis of the above principles, the Fiat Group is committed to conduct its business in a fair and impartial manner. 
All business relationships will be established and maintained with integrity and loyalty and without any conflict of interest between business and personal affairs. 
To achieve this, the Group requires its employees to comply with the highest standards of business conduct in the performance of their duties as set out in this Code of Conduct (“Code”) and the Policies referred to in this Code. The Code is a guide and a support for every employee and should enable him/her to pursue the Group’s mission in the most effective manner possible. 
The Code constitutes a fundamental element of the Fiat Group internal control organisational model that the Fiat Group is committed to establish and develop.

In view of the above, the Group:

• ensures timely dissemination of the Code throughout the Group and to all recipients of the Code;
• ensures all updates and amendments to the Code are provided on a timely basis to all recipients of the Code;
• provides appropriate training, information and consulting support to all in relation to any questions regarding the interpretation of the Code;
• ensures that any employee who reports violations of the Code shall not be subject to any form of retaliation;
• imposes fair sanctions proportionate to the violation of the Code and guarantees to enforce such sanctions equally amongst all categories of employees subject to the provisions of law, of contract and of internal regulations in force within the jurisdiction in which it operates;
• regularly checks compliance with the Code.

The Group welcomes constructive contributions from employees and partners as to the Code’s content.
The Group shall use its best endeavours to ensure that these commitments are shared by all consultants, suppliers and any other party who has at any time a relationship with the Group.
The Group will not engage in or continue any relationship with those who expressly refuse to abide by the principles of the Code.

(1) In the Code, “stakeholder” is taken to mean an individual, a community or an organisation who influences the operations of one or more Group companies and suffers the repercussions. Stakeholders may be internal (for example, employees) or external (for example, customers, suppliers, shareholders, local communities).

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