Page 6 - Code Of Governance

Liabilities of the Executives

1. None of the executives can act or ask the others to act in a way that violates the rules,
principles or legislation written herein.

2. People who manage or inspect the employees have additional liabilities within the
scope of these rules:

a. Explaining the Code of Governance to the employees and making sure that they are
comprehended,
b. Providing annual trainings and guidance to the employees in the issue of ethics,

c. Individually making exemplary models and increasing the standards,
d. Monitoring the employees with regard to their complaince with the rules,

e. Making sure that third parties also obey to these rules and act accordingly.
3. NUROL declares and guarantees that the executives shall:

a. apply all of the high-level standards and conducts of ethics in all areas of operation,
b. encourage conducts of ethics everywhere,

c. provide trainings and other sources in order to enable the employees to be informed
about ethics better,

d. deal with the concerns of the employees regarding on working principles and support
them to explain these concerns,
e. prevent retaliation arising out of an employee’s reporting a misbehavior.