The Ethic Code sets out the INMAN principles of fairness, integrity and transparency

INMAN is the holding company for diverse group of businesses with hundreds employees located in North America, Europe and Asia. We depend heavily on our employees and we do our utmost to promote individual success and development.

It is primarily our people and the extent to which they can reach individual and INMAN objectives which determines the success of our group. Integrity and respect are important values within INMAN and in accord with entrepreneurship are the foundation for historical and future development of our people and the organization.

Ethic Code

The Ethic Code is a document that sets out the INMAN principles of fairness, integrity and transparency, adopted with all those subjects it comes in relation for the achievement of its corporate purpose.

Each director, employee, supplier, auditor and contractor, in performing their duties, is required to comply with the rules laid down in this Code. INMAN cares the spread of the Ethics Code in order to facilitate the full implementation, including the publishing on the company’s website www.inman.it .

 

Social objectives and benchmarks
INMAN it is proposed to:

  • To carry out a professional activity of asset management, strategy, treasury and corporate finance to support the subsidiary companies
  • be a valid point of reference in terms of ethic work and daily work in the absence of conflicts of interest

INMAN effort is to “add quality” in all moments of connection with the outside world, paying particular attention to the needs of subsidiary companies, providing a qualified, timely and competent answer in financial terms and management support. Internally, INMAN recognizes the value of the professional contribution of its management and promotes professional growth, in a context of fairness and mutual trust, even through the opening to them of its capital.

All the actions taken by the governing bodies and external collaborators are conducted in compliance with territorial applicable laws and regulations and shall be based on maximum honesty, objectivity, fairness and transparency. All of the resources and assets of the company must be used wisely and in accordance with their intended use. INMAN sets up organizational structures designed to prevent the violation of the principles of legality, transparency and honesty on the part of corporate bodies and employees and ensure compliance with them.

 

External and internal relationship
The transactions with subsidiaries must be based on the utmost professionalism and competence and must be guided by the strict confidentiality respect of the information acquired. In order to protect the image of INMAN it is necessary that every relationship is conducted in compliance with the law, with transparency and independence. It ‘necessary to avoid coming into contact with those involved in illegal activities and/or lacking of the required seriousness and reliability, and to undertake financial transactions with economic activities harmful to the environmental health and/or indifferent to the rights of the person. Similar principles should be applied to relationships with suppliers and partners in business. Particular attention should be paid to the quality of the service provided and the procedures for carrying out the same.

The relations of any kind with the public administration, public institutions and similar bodies should be based on the utmost integrity and honesty. Payments and / or property, promised to influence acts of private and/or public offices, favors, solicitation of personal gain, is strictly prohibited.

Gifts and acts of kindness are allowed only if of small value and it does not compromise the integrity and reputation of the parties and cannot be interpreted as aimed at acquiring improper advantages for themselves or others. In any case, the gifts offered should be properly documented, authorized and reported to the body of internal control. Subject to the need for confidentiality in the peculiarities of the activity, the communications from the Company to the outside are based on principles of transparency, that is, of truth and completeness of the information provided.

Everyone should avoid any situation that could lead to conflict with the interests of INMAN, information acquired in the performance of assigned tasks must remain strictly confidential and may not be disclosed except in accordance with local regulations. The directors, in particular, are required to propose and to implement programs that protect and increase the assets of INMAN, maximizing the return on investment of shareholders and safeguarding the interests of all employees. All external collaborators whose activities, de facto, are in any way related to INMAN must follow legal and ethical behavior protecting the business interest of INMAN.

All accounting records that are the basis for the preparation of financial statement must be written in a clear, true and correct and carefully preserved by corporate structures responsible for their preparation. The financial statements, consolidated statements, where applicable, must be drawn up in accordance with the law, clarity and should represent a true and fair view of the financial position and of the operational results of INMAN.

 

Operating Modes
It is created a Supervisory Board, appointed by the Board, which consists of two councilors and a mayor. The main functions of this body are as follows:

  • ensuring the dissemination of /and compliance with the Code
  • coordinate business processes that implement the provisions of the Code
  • propose changes in the content of the Code and enforcement mechanisms
  • report regularly to the Board on the activities and issues that have emerged

To carry out the above the body may use, also, the support of external professionals. A copy of the Code is delivered through a special procedure to all the directors, auditors, external collaborators and partner in business.

Any violation of the Code, however this is found, must be brought to the attention of the Supervisory Board.

The violation of the provisions of the Ethics Code is a breach of the contractual obligations of the employment relationship or functional or professional collaboration, with each subsequent legal effects and contract termination.

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