Ethics code of RUSTEEL

The aim of present Code is to establish ethical standards, principles and rules of professional behaviour and interrelations of employees promoting fulfillment of mission and achievement of goals faced by Group of companies RUSTEEL. Each time the word “employees” is used in Code, it includes top and middle-level managers, specialists, technicians and workers of all companies in Group of companies RUSTEEL.

Present Code establishes:

• ethics to govern activities of employees of Group of companies RUSTEEL;
• recommendations concerning appearance and rules of interrelations in the process of official duties performance to be observed by all employees regardless of their position;
• responsibility for breach of ethical standards and requirements.

GENERAL PROVISIONS

Provisions of Ethics Code are obligatory for all employees of Group of companies RUSTEEL. Observance of ethical standards of Code is a compulsory requirement of work in companies of RUSTEEL Group. Rules stated in the document are accepted by each employee – from Chairman of Board of Directors to workers in all subdivisions.

Electronic version is available on corporate portal.

Person in charge of employment is obliged to make each newly admitted employee familiar with Ethics Code prior to employment. After registration of labour relations employee receives a brochure.

Employee of Group of companies RUSTEEL voluntarily undertakes to observe ethical standards and requirements stated in this document.

Code includes the following sections:

• Corporate values
• Standards of behaviour
• Rules of behaviour within team, including rules of telephone communication
• Appearance
• Ethical restriction
• Other labour activity
• Official and commercial information
• Observance of Code

What should be done in order to make these rules work with maximum performance and produce expected results? There is no difficulty here – just start following them! If we begin with ourselves, we have the right to demand from our partners the same observance of these principles in return.