Albemarle Code of Conduct - Page 43



OFFERING OR ACCEPTING
GIFTS & HOSPITALITY
Giving or receiving reasonable gifts, meals or entertainment
can sometimes be a part of maintaining and developing
business relationships. Bribery and corruption risk can arise,
however, when anything of value is provided to or accepted
from a third-party.
We only offer, provide or accept gifts, hospitality or anything
else of value when there is a genuine business purpose, it is in
the ordinary course of business and of a reasonable value.

We prohibit bribery of anyone, including those who can
provide an improper advantage, including government
officials, persons working in the private sector, trade union
leaders and Company employees.

We also prohibit improperly influencing an individual
indirectly by offering or providing anything of value to:
– their spouses, partners or relatives
– their close friends, associates or business partners
– a company in which the individual has a direct or
indirect ownership interest
– an organization with which the individual is associated
(e.g. a charity).
We do not solicit gifts, hospitality or anything else of value
in exchange for a decision favoring the provider.

We do not accept gifts, hospitality or anything else of value
if it could affect, or be perceived to affect, our business judgment.

We adequately identify any gift or hospitality that we provide,
along with the identity of the recipient in our business expense
claims, and provide appropriate supporting documentation.
CO NFL IC TS OF INTER EST


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