Page 16 - Code Of Governance

2. Accuracy and honesty of the employees while in service are of high importance for
maintaining the achievement and dignity of NUROL. Even any implication of corruption
can harm NUROL’s dignity and business competency as well as causing investigations
and/or probable prosecutions against NUROL and its executive officers or employees.

3. No payment having the characteristics of bribe can be made directly or indirectly in
order to derive business advantage, manage the execution of the works or facilitate
advantages on behalf of the company or another entity.

4. Any of NUROL’s employees who deal with direct purchases must not accept any gift,
meal or entertainment from any customer, supplier or contractor which may be regarded
as a bribe or commission fee. Any gift to public servants for any reason must not be given.

5. These principles are valid for all the employees of NUROL.

6. Activities regarding this policy are determined through Anti-Bribery and Anti-
Corruption Procedure of NUROL.

m. Facilitation Payments

1. Facilitation payment is the gift given or payment made to a public servant for the
facilitation of fulfilling a duty or to expedite such performance; other than the legal and
official fees which are paid for performing a routine task or function beforehand.

2. NUROL’s employees are prohibitied to make this kind of facilitation payments, no
matter they are legally allowed or not in any legislation, in accordance with the approach
of adoption of the ethic standards.

3. NUROL’s Policy for Facilitation Payments are valid for all its employees.

n. Gifts, Representation and Entertainment

1. Gifts, representation and entertainment activities (celebration, feast etc.) are presented
or accepted in case of they are in compliance with the regulations and ethic codes.

2. This policy of NUROL is valid for all the employees who give or accept this kind of
entertainment and gifts, especially for the public servants.