Code of Conduct - Non Executive Directors

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Code of Conduct - Non Executive Directors

SCOPE

This policy applies to every Non-Executive Director of Vibez Estate .


POLICY

Each Vibez Estate Non-Executive Director must, wherever applicable:

  1. Conduct the Company's business with honesty and integrity and in a professional manner that protects the Company's good public image and reputation.
  2. Build relationships with customers, vendors and fellow Directors based on trust and treat every individual with respect and dignity in the conduct of Company business.
  3. Become familiar with and comply with legal requirements and Company policy and procedures.
  4. Avoid any activities that could involve or lead to involvement in any unlawful practice or any harm to the Company's reputation or image.
  5. Avoid actual or potential conflicts of interests with the Company, or the appearance thereof, in all transactions.
  6. Safeguard the Company's confidential information, and respect the confidential information of other parties with whom the Company does business or competes.
  7. Promptly report to the Company any violations of law or ethical principles or Company policies that come to the Director’s attention.


  8. RESPONSIBILITY

    • All Non-Executive Directors must uphold these standards in the conduct of Company business.
    • Every Non-Executive Director should be a role-model for these standards by visibly demonstrating support and by regularly encouraging adherence.
    • Failure to comply with this or any other Company Policy may subject such Non- Executive Director to such action as is decided by the Board.
    • When in doubt take action. Attend the Board Meetings regularly and effectively. Try to analyze the trends of economy, assist in the discharge of management's responsibility to public and formulation of measures to improve customer service and be generally of constructive assistance to the bank management.


    Responsibility to our Competitors

    We compete aggressively but with integrity at the same time. We compete aggressively, legally and ethically; we “play hard” but fairly, in compliance with the laws in the countries in which we do business. We collect competitive information appropriately: through public communications, public filings, trade shows, industry surveys, reputable consultants and appropriate interactions with customers.



    AMENDMENT TO THE CODE

    This Code may amended to meet the requirements of any relevant statute or the business interests of the Company, subject to approval of the Board of Directors of the Company.


    ANNUAL DECLARATION

    As required every Non-Executive Director shall sign and submit an annual declaration (in the prescribed form annexed hereto) before the 15th of January every year, affirming compliance with the provisions of this Code.