Introduction to Fratelli Cosulich Group Code of Ethics

Dear Fratelli Cosulich Group Team,

We are thrilled to share some important update with all of you – a statement to our commitment to the values that define us as a community. Today, our Vice President, in a heartfelt address, unveiles the Group's first-ever Code of Ethics, embodying the five key values that should guide all our actions and decisions.

This Code of Ethics, that you will find here (English version | Italian version), is not merely a document; it is a living embodiment of our dedication to stakeholders – shareholders, governance bodies, people, customers, suppliers, financial institutions, authorities, and communities. Its various sections serve as a roadmap through the 5 Key Values we hold dear, including Customer Focus, Learning Mindset, Team Work, Accountability. These pillars, integral to our identity as Behavioral Role Models, shape our interactions and demonstrate our commitment to ethical conduct.

But that's not all. Today, we are introducing a crucial Whistleblowing mechanism at Group level – a confidential channel allowing anyone to report ethical violations or non-compliant behaviors. This is a significant stride towards transparency, providing you with a secure, accessible and user-friendly platform to voice concerns related to the principles outlined in our Code of Ethics: https://globaleaks.cosulich.com/#/

As Brand Ambassadors for the Group, each one of us plays a vital role in upholding the standards we've set for almost 170 years.

This shared commitment ensures a future where every step we take is a source of pride. Together, let's make our Group an even better place to work, live, and thrive.

The Corporate Code of Ethics will be applied only to subsidiaries companies of the Group.