In keeping with the Code of Business Ethics and Professional Conduct Policy, Azel Co. operates with a zero-tolerance policy towards bribery or any other form of corruption in its practices and Violation of environmental rights and safety, as well as occupational safety.

This policy applies to all officers and employees, temporary employees, agents, sub-contractors or sub-consultants of Azel Co. whether employed in the parent company, branch office, subsidiary, joint venture or any other entity to which Azel Co. belongs or is engaged.

The purpose of this policy is to give very clear guidelines on what constitutes bribery, and to distinguish bribery from accepted business practices for the promotion of Azel Co.

The Board of Directors holds primary responsibility for implementing this policy and for reporting on its compliance to the Board of Directors. The Board of Directors nominates the Chief Executive Officer (CEO) to be the care-taker of this policy, who in turn has delegated the responsibilities of managing compliance with this policy to Azel Co. Compliance Officer.