Code of Ethics and governance principles implemented by the Board of Directors are integral parts of the Company’s framework. Initiatives are taken to strengthen compliance with the Code of Ethics.

The Company’s Code of Ethics and Standards of Professional Conduct sets the key principles underlying business ethics. These guidelines are in line with the industry’s best practice standards and are an outcome of our years of experience in the field.

As an industry leader, it is a recognized fact that we are a highly ethical company with a long history of integrity and compliance. The fundamental principles of fairness, honesty and ethical behavior are at the heart of the Company’s philosophy, values and corporate standards. Strong business ethics and a robust Code of Ethics and Standards of Professional Conduct form the basis of our day-to-day interaction both within the Company and with the external environment.

Our Code of Ethics and Standards of Professional Conduct emphasizes professionalism in the asset management and investments business and details the minimum acceptable behavior. These include specific rules against insider trading and documentation of our commitment to preserving the integrity of capital markets, our fiduciary duties to our clients, confidentiality and establishment of appropriate Chinese Walls. Preserving these core values of the Company and conducting business in an ethical manner is a responsibility of all of us.

The Company’s Code of Ethics and Standards of Professional Conduct is disseminated widely and shared with relevant stakeholders. The Company’s Code of Ethics and Standards of Professional Conduct applies to all employees and members of the Board, subsidiaries or affiliates and any other applicable stakeholder.