Those associated with the Continental Corporation are required to use their best judgment in all matters affecting the Corporation and to maintain a high standard of honesty and integrity. An employee may not misuse his/her position in the company for personal advantage nor may s/he promote behavior at variance with this code of conduct. Executives and supervisors are to take all requisite action to ensure that each employee measures up to these demands. All employees with executive or personnel management functions are to demonstrate exemplary conduct in complying with and adhering to the aforementioned rules of behavior and to exhibit a special sense of responsibility in this regard.

Respect for the law

All business decisions - whether in or outside the country of employment - are to be made in scrupulous compliance with all applicable laws and statutes. Under no circumstances may employees - either directly or indirectly - participate in illegal or corrupt activities.

Benefits

Within the framework of local conditions, all those exercising executive responsibility are to see to it that no employee makes or authorizes payment or donations to a customer or to a third party - either directly or indirectly - for the purpose of promoting the conclusion of a business transaction with a corporate company.

Suppliers

Suppliers are to be selected on a strictly competitive basis. They are entitled to be treated fairly and correctly. Any attempt on the part of a supplier to influence the decision taken by corporate staff by means of benefits going beyond what is normal in the way of business-related entertaining or of token gifts is to be treated as a serious impropriety, with a suspension of all contractual relations to be considered on a case-by-case basis.

Internal controls

Within their scope of authority, all managerial staff are obliged to provide for a suitable system of internal controls. They must take any action they deem appropriate to protect capital assets; to ensure that business is carried out and documented in compliance with corporate guidelines and other internal rules; to ensure that financial records are properly kept; and to guarantee that violations of this code are detected and corrected.

Political activities

Continental welcomes participation of its employees in the political life of their respective communities and countries. Such activities must, however, occur in the employees' nonworking hours and at the employees' own expense. Under no circumstances may the Corporation or one of its subsidiaries be involved in political campaigns or issues.