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27. Notwithstanding such or any other instance actual or potential conflict that such
of conflict of interest that exists due to persons or their immediate family (including
historical reasons, adequate and full parents, siblings, spouse, partner, children)
disclosure by interested employees shall be or persons with whom they enjoy close
made to our company’s management. At personal relationships, may have in a family
the time of appointment in our company, business or a company or firm that is a
our employees and executive directors competitor, supplier, customer or distributor
shall make full disclosure to the competent of, or has other business dealings with,
authority, of any interest leading to an our company.

RemembeR…

A conflict of interest could be any known activity, transaction, relationship or service engaged
in by an employee, his/her immediate family (including parents, siblings, spouse, partner, and
children), relatives or a close personal relationship, which may cause concern (based upon an
objective determination) that the employee could not or might not be able to fairly perform
his/her duties to our company.

Examples of Potential Conflicts of Interest
A conflict of interest, actual or potential, arises where, directly or indirectly, an employee or
executive director:
(a) engages in a business, activity or relationship with anyone who is party to a transaction with
our company;
(b) is in a position to derive an improper benefit, personally or for any family member or for any
person in a close personal relationship, by making or influencing decisions relating to any
transaction;
(c) conducts business on behalf of our company or is in a position to influence a decision with
regard to our company’s business with a supplier or customer where a relative of, or a person
in close personal relationship with, an employee or executive director is a principal officer or
representative, resulting in a personal benefit or a benefit to the relative;
(d) is in a position to influence decisions with regard to award of benefits such as increase in
salary or other remuneration, posting, promotion or recruitment of a relative or a person in
close personal relationship employed in our company or any of our group companies;
(e) undertakes an activity by which the interest of our company or our group companies can be
compromised or defeated; or
(f) does anything by which an independent judgement of our company’s or our group
companies’ best interest cannot be exercised.

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