Page 14 - Code-Of-Conduct

6. CONFLICTS OF INTEREST
We demand highest ethical standards from all of our associates. When deal- ing with existing or future suppliers, customers, clients or competitors, our associates must act in the best interest of the company to the exclusion of any personal advantage; private interests and the interests of the Freudenberg Group should be kept strictly separate. Consequently, anything that may con- stitute or lead to, or even create the ap- pearance of, a conflict of interest be- tween associates and the company must be avoided. The following situations, for example, may result in a conflict of in- terest:
• Business opportunities that belong to Freudenberg being misused or divert- ed for personal gain or advantage.
• Relations with current or potential trading partners, or competitors, which may influence or appear to influence the carrying out of your re- sponsibilities.
• Marketing products or services sim- ilar to or competing with those of Freudenberg.
• Abusingone’spositionormisappro- priating company property for per- sonal benefit.
• Entering into arrangements on the company’s behalf with relatives or a company in which the associate or a relative has an ownership or financial interest.
• Using your time while employed by Freudenberg to conduct or prepare business which may later compete with Freudenberg.
• Using confidential or proprietary in- formation of the Freudenberg Group or its trading partners for your own benefit or in a way detrimental to Freudenberg. For example, informa- tion which may affect the value of a stock listed company must not be used in order to engage in private stock trading (insider trading activi- ties).
If you are in doubt whether your activi- ties may result in a conflict of interest, bring any potential conflict situation immediately to the attention of your manager (or one of the other resources listed in the Introduction) so that appro- priate guidance can be rendered.
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