Code of Business Conduct G4-56

G4-56, DMA,
G4-LA16

The Code of Business Conduct is a set of norms and rules of individual and collective behavior of Company employees. This document regulates relations between the Company’s employees and business partners, shareholders, governmental agencies and public organizations. It also contains rules of conduct relating to environmental protection and industrial safety, prevention of conflicts of interests, as well as other issues.

Code of Business Conduct

To implement the Code of Business Conduct, identify violations and take necessary measures, the Company has established the Business Conduct and Ethics Commission, chaired by PJSC LUKOIL President and CEO Vagit Yusofovich Alekperov.

Any employee can contact the Business Ethics Commission if he or she believes they have witnessed, or is aware of, a violation of the Code. All information provided is reviewed by independent experts. Individuals who come forward are guaranteed privacy and freedom from harassment and discrimination. DMA

In 2015–2016, seven complaints were made to the Business Ethics Commission by employees of the LUKOIL Group. The complaints were duly considered, investigations were conducted and measures were taken in each case to prevent issues recurring in the future. G4-LA16

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