Governance

Model pursuant to Italian Legislative Decree 231/2001

In recent years there has been a proliferation of rules, binding or self-regulatory in nature, produced both nationally and internationally, mainly aimed at favoring the transparency of corporate governance structures and related behaviors.

In this context, Legislative Decree no. 231/2001 introduced for the first time in Italy, a new form of corporate responsibility, defined as administrative but substantially of a criminal nature, for some types of crimes committed by its own directors and employees, as well as by subjects acting in the name and for company account.

In accordance with the provisions of Legislative Decree 231/01, Arexons S.p.A. has an Organization, Management and Control Model which summarizes the rules, values, ideas and principles to which all employees, external collaborators and contractual counterparties must comply in operating in the name and / or on behalf of Arexons SpA under penalty of the application of the sanctions provided for by the Disciplinary Code.

The Model of Arexons S.p.A., updated in its latest edition by resolution of the Board of Directors dated 26/03/2018, consists of the following documents:All Third-Party Recipients, external collaborators and contractual counterparties, in the execution of the tasks assigned to them, must comply with the rules, procedures and principles contained in the Model, to the extent applicable to them, and may direct requests for information on the Arexons Model SpA to:

SUPERVISORY BODY, Arexons S.p.A., Via Antica di Cassano, 23–20063 Cernusco Sul Naviglio (MI);

or to the e-mail address:

odvarexons@pli-petronas.com