CEO Statement

The integrity of our actions is a decisive prerequisite for sustainable corporate growth. The trust of our stakeholders is a pillar of our success. And while it takes a lifetime to build a good reputation, it takes only a moment to destroy it. One bad decision can damage our company and the entire Telespazio Group.

I therefore expect each and every employee to be committed to the highest ethical standards, complying fully with laws, regulations, and internal rules, as defined in our Code of Ethics .

For the sake of our company, I encourage everyone to speak up if they have questions or concerns or observe behaviour that is not in line with our values.

Sigmar Keller, Chief Executive Officer, Telespazio Germany

Ethics

Our Code of Ethics is fully in line with the Charter of Values of our parent company Leonardo.

Leonardo is a member of both the AeroSpace and Defence Industries Association of Europe (ASD) and the International Forum for Business Ethical Conduct (IFBEC) whose Global Principles of Business Ethics for the Aerospace and Defence Industry we fully endorse.

Four crucial elements form the basis of responsible business conduct:

• Setting rules and defining expected behaviour for all our employees:
  Our Code of Ethics

• Engaging people:
  Promoting awareness of and commitment to our Code of Ethics

• Detecting and controlling:
  Encouraging employees to report any specific concerns that they may have regarding compliance with our Code of Ethics without fear of retaliation, applying “appropriate, proportionate and dissuasive sanctions for evidenced cases of non-compliance”.

• Mitigating and reinforcing:
  Continuously analysing and monitoring potential compliance risks and ensuring management follow-up.

Telespazio Germany is a member of DICO – Deutsches Institut für Compliance e.V. (German Institute for Compliance).

Anti-Corruption Code

Corruption is a serious crime which undermines social and economic development in all societies and affects everyone. In order to fight Corruption in the business context, Telespazio Germany GmbH adopted the "Anti-Corruption Code of Leonardo Group". It represents a structured and consistent system, inspired by the principles of integrity and transparency, aimed at avoiding illegal practices in the conduct of business. To read the full Anti-Corruption Code, please click the link below.