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NUROL HOLDING INC. CODE OF GOVERNANCEDocument Code : NH-YS-YK-02Publication No : 03Publication Date : 03.03.2025Page No : 9/18records and books shall be audited by an internationally recognized independent audit company at least once a year.6. NUROL shall not tolerate fraudulent reporting either internally (intracompany records) or externally. This includes misdirection, misinformation, as well as theattempts for the purpose of creating misleading or false documents or transaction records. No information will be entered into NUROL%u2019s books and records thatdeliberately conceals the true content of any transaction.f) Conflicts of Interest1. NUROL primarily works and contributes to the company%u2019s interests by taking the most appropriate decisions in all its activities.2. Any situation that may be perceived as a potential conflict of interest shall be shared with the executive officers. They consciously and diligently try to preventsituations in which their own, family members' or relatives' interests may conflict with those of the company.3. All the business decisions shall be taken in such a way that they provide the greatest benefit for NUROL. Activities of an employee in or out of the work may be conflicted with NUROL%u2019s business interests in some cases. It generally emerges when an employee or one of his/her relatives tries to derive personal benefit against NUROLor its shareholders. NUROL respects all its employees in the execution of their personal transactions in privacy. However, NUROL policies envisage that no employee shall engage in any activity, on or off work, that may actually or possibly conflict with NUROL%u2019s interests, or that may provide personal or monetary benefits. Based on this rule, all employees must refrain from engaging in such activities or obtain written permission from their managers prior to engaging in such work. Managers must report all such authorizations to their immediate superiors.4. Employees;(a) must refrain from conducting their work for the benefit of themselves, their family members, and other relatives or friends, as well as from using or disposing NUROL%u2019s assets in a dishonest manner,(b) except as specifically permitted, must refrain from dealing with another task/work or consulting on behalf of another company or person, including conductingpersonal business or self-employment within the workhour or doing any work that affects business performance or takes time and attention that should be devoted to NUROL's business,(c) may not have a relationship based on financial interest with any company that is a competitor of NUROL, a customer of NUROL, or a vendor or supplier supplyingmaterials or services to NUROL,(d) may not benefit from a company with which NUROL, to the employee%u2019s best knowledge, is negotiating or contemplating a merger, acquisition or joint venture,