Ansaldo STS, in order to achieve its targets, bases its activity on values which are shared by all of those who operate within its global structure, such as:

• Customer orientation;

• Innovation and excellence;

• People;

• Team spirit;

• Integrity.
 

The Code of Ethics is a component of the internal audit system; respecting the code ensures compliance with the rules that require Ansaldo STS and the group companies to adopt management systems capable of preventing the commission of certain irregularities or offences by corporate representatives which are forbidden by the regulations of the different countries where the Ansaldo STS group is active, specifi cally, for Italy, Legislative Decree n. 231/2001.
 

The Code of Ethics was reviewed by a resolution passed by the Board of Directors on 6 July 2010. This review satisfi es the need for alignment to the updated Model and for a Code of Ethics that is easier to use and

understand at an international level, within the context of the new structure adopted by Ansaldo STS.