Page 17 - Code Of Governance

3. Employees can not accept any gift, meal, entertainment, special interest or advantage
which can be deemed as a benefit.

4. All the employees who have questions about this issue are required to consult to their
managers and all the employees who are informed about the violation of this prohibition
are obliged to notify it to their managers.

5. Any exception in this issue shall require the written consent of Holding’s Board
of Directors. Presented and accepted gifts or entertainments shall be recorded for
transparency and audit purposes.

o. Advisors

1. Advisors are the officers who act on behalf of NUROL in order to make marketing
or selling activities of NUROL’s products or services. This term is used for the agents,
advisors, marketing representatives, distributors, lobbyists and everyone who execute
the similar works.

2. All the advisors are required to sign an agreement prior to working for NUROL. This kind
of agreement shall include detailed information on the scope of the works, provisions for
indemnity, provisions for preparing activity reports, presentation of the issues of anti-
corruption and compliance with export and warranties.

3. Any exception in this issue shall require the written consent of Holding’s Board of
Directors.

p. Teaming Partners and Other Business Arrangements

1. NUROL may desire to collaborate or organize a team with third parties exclusively
or non-exclusive, domestic and internationally. Such agreements as team organizing,
collaboration or memorandum of understanding may be based on long-term or strategical
agreements and/or licence contracts or similar contracts.

2. These agreements must be prepared in accordance with the relevant legislation in a
way that it will not lead to any corruption, loss of dignity, unduly financial or business risk
for NUROL.

C C ODE OF GO VERNANCEODE OF GO VERNANCE 17