B3-CV-16-D ger on request flangemounted pump not in connecti Bevel-helical gearbox B3

Flender/Flender Gear Units/Bevel-helical gearbox B3

personal interests when making business decisions. Such conflicts of interest can hinder Flenders success in that decisions are made contrary to Flenders interest, customers are driven away or impor-tant information is disclosed. Conflicts of interest may, for example: harm Flender if contracts are awarded on the basis of personal relationships that contain inferior terms fromthose of competitors; lead to reputational damage if they are made public;dissatisfied employees or former customers could com-municate conflicts to the outside world. There is conflict of interest in day-to-day business if our personal interests differ from those of Flender.H2BUSINESS CONDUCT GUIDELINES |OUR RESPONSIBILITY 2Competition with Flender conflict of interest may also arise in business relation- ships with or through investments in competitor or cus-tomer of Flender. Typical examples of competitive situation: The employee also works for or advises competitor ofFlender. The employee himself competes directly with Flender. There are personal or family ties to competitors. Secondary employment conflict may also arise in the performance of secondary employments that prevent us from properly performing our duties at Flender.Secondary employment can only be prohibited and previously granted permission can be revoked, if it leads to an impairment of the employees work perfor-mance, interferes with his or her duties within the compa-ny or if there is risk of conflict of interest. Occasional writing, lecturing, and similar activities and temporary seasonal or clerical work are not regarded as secondary employment. Investment in third-party companiesConflicts of interest can also arise through investments in third-party companies. This is what we do: We do not operate or work for company thatcompetes with Flender. We do not engage in any activity that competeswith Flender. This is what we do: We inform the Human Resources department in writ-ing of any direct or indirect inv