Our decisions and activities are characterized by a clearly defined culture of values and consistent compliance with legal regulations and in-house guidelines. In doing so, we endeavor to set an example by living integrity, respectful cooperation and credibility in our relationships with employees, business partners and shareholders. The foundation for this is formed by the standards of conduct that apply throughout the entire company and which we have laid down in our Code of Conduct. These standards provide binding guidance for all employees, managers and relevant governing bodies and we also expect our business partners to comply with them.