Page 9 - YBA Kanoo Code of Conduct English & Arabic

3. FAIR TRADING PRACTICES

The Company believes in free and fair markets and we compete in a legal and ethical
manner on the basis of the quality of our products and services. We believe that we
are good at what we do and we do not require to unethically or unfairly manipulate
competition to serve our customers and principals.

We are committed to compliance with fair competition and anti-trust laws that apply in the
markets in which we operate. These laws are intended to prohibit practices that restrain
trade or unduly limit free and fair competition.

Fair competition violations include agreements with customers, suppliers, competitors,
and others, such as:

• Mutual understandings to control prices.
• The boycotting of certain suppliers or customers.
• Making agreements to rig bids or proposals.

All employees should be aware of our policies in this area, but this is especially important
for individuals in marketing, sales, purchasing and related positions, as well as those
who are members of trade and professional associations or individuals planning to
attend meetings of such groups.

Remember: Fair competition and anti-trust laws are complex and can have an impact on
our business in many ways, including with regard to our suppliers and sales. Violation of
the rules can have serious consequences for the Company as well as for anyone acting
on our behalf.

Do:
• Keep the Company’s files on principals, suppliers and customers secure with
controlled access
• Be honest and fair in your dealings with all principals, suppliers, customers and
competitors.
• Depart from any meeting in which anti competitive behavior is being discussed or
undertaken.

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