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Corporate Code of Ethical Conducts & Ethics Committee

Ipsen is committed to applying the highest ethical standard to the realisation of its activity. Ipsen is also committed to apply the highest ethical standard in all its business operations.

Behaving in an ethical manner includes implementing principles of integrity, honesty and fairness and complying with applicable laws and regulations.

Consequently, Ipsen expects its employees to behave ethically in the conduct of Ipsen's activities and more generally in their daily professional activities;

Thus, on 1 July 2005, the Group adopted a code of ethical conduct in business (hereinafter “the Code of ethical conduct”) governing all Group employees.

> Download the Corporate Code of Ethical Conduct

Pursuant to the Code of ethical conduct, all employees shall:

• act with integrity, honesty and fairness and comply with the policies set out in this code, which addresses the following topics:
  • General ethical behaviour
  • Conflicts of interest
  • Relationships with third parties and competition
  • Gifts and entertainment and relationships with healthcare professionals
  • Financial statements and fraud
  • Speaking-up Policy
• Respect applicable laws, regulations and applicable professionnal codes of conduct;
• Uphold at all times the image and reputation of Ipsen.

Concurrently in 2005, the Executive Committee put in place an Ethics Committee independent of the Group hierarchy to give employees who so desire the option of notifying the committee of any matter or presumed irregularity or infringement of the Code of ethical conduct. The Ethics Committee has the power to investigate matters reported to it and presents its conclusions directly to the Group’s Executive Committee.

Ethics related actions undertaken since 2006 by the Ethics Committee aim at:

• Training Group employees in company values and the principles of ethics.
• Ensuring an effective transmission of the Code of ethical conduct throughout the Company, that there is general ethical awareness and that ethical values and principles are applied.
• Advising on, assisting with and investigating notifications for every employee.
• Providing evolutionary recommendations necessary in ethics.

In furtherance to the Code of ethical conduct, the Group has implemented an Ethics and Compliance program covering four themes: