ASSA ABLOY's Code of Conduct

ASSA ABLOY, the world’s leading lock group, believes in responsible social and ethical behavior. The Group has a responsibility to the people serving the company worldwide.

People whose work contributes to the company’s success should not be deprived of their basic human rights or be forced to suffer physically or mentally from their work. Furthermore, ASSA ABLOY and its employees have an obligation to its stakeholders to observe high standards of integrity and fair dealing. Unlawful and unethical business practices undermine employee and customer trust.

This is the foundation for and the reason that ASSA ABLOY has created this document. Our Code of Conduct will be distributed to, and complied with, by all employees. For managers with specific responsibilities, there is also a more detailed document that regulates behavior in specific areas. The detailed document is available on our external website.

If any of the content herein is in conflict with local legislation, then local legislation will supersede. Situations may occur for which there are no specific guidelines. In such cases behavior in the spirit of the Code should be maintained. In case of uncertainty, concern, or to make a complaint or a report of violation an employee’s immediate manager or a nominated person at ASSA ABLOY headquarters should be contacted.

An employee’s information will be treated confidentially as much as possible. Employees will never be discriminated against for reporting in good faith, violations of the policy.

ASSA ABLOY will follow up and monitor the implementation of the Code of Conduct to ensure compliance.

Stockholm, October 15, 2004/ revised January 2, 2007
Johan Molin