CODE OF ETHICS

For years now, Gruppo Montenegro has followed a Code of Ethics designed to reflect its corporate values, respect its traditions and maintain the characteristic excellence of its products.

The Code of Ethics highlights the rights, duties and responsibilities of all those working in or for Gruppo Montenegro, in any capacity, along with their responsibilities towards public and private stakeholders and, more generally, towards all those who interact with the Group.

By adopting this Code of Ethics, Gruppo Montenegro has made a clear choice to promote the highest standards of professionalism in all those representing it and to prohibit all conduct that contrasts with legal requirements in general and with the good business practices that the Group wishes to promote.

The Code of Ethics also forms an integral part of the Organisation, Management and Control Model required by law and approved by all companies in the Group.