Since it is a company with long tradition in the market of terpenic products, Socer Brasil is committed to managing its business ethically and honorably, abiding by the country’s existing laws, rules and regulations.

Socer Brasil focuses on dealing honestly with its shareholders, business partners, governmental authorities and, its public, as well as its employees. This company tries to build up confidence through an organization which is ethical, socially and ecologically responsible and based on the following principles:

COMPLIANCE WITH LAWS, STANDARDS AND REGULATIONS
Socer Brasil is committed to conducting its business respecting the applicable laws, standards and regulations in agreement with high ethical principles.
This company also endeavors to follow the codes concerning to the chemical industry.  The reputation in relation to integrity, quality and honesty is based on this commitment and on the effort to ensure a long range success.

CORPORATIVE RESPONSIBILITY
Socer Brasil works in an economical, social and ecological responsible way, being committed to the principles of sustainable development. The company struggles to use the natural resources efficiently and to minimize the environmental impact of its products and activities upon the cycles of life.

The health and safety of its employees, neighbors, clients, consumers and other individuals involved in its business, as well as the environment protection, have high priority.

Socer also dedicates itself to ensuring that its products, technology, and products meet the demand of the most rigorous quality and safety standards. The quality manager takes part in every operation.

ANTI-TRUST LAW AND LOYALTY IN BUSINESS
Socer believes that loyal competition contributes to consumers’ well being. It is dedicated to promoting business on active, competent and ethical basis. To that end, it follows all antitrust laws existing in its segment so there is loyal competition, without being benefited dishonestly by a third party, whether it is a client, supplier or competitor.

ANTI-CORRUPTION
Socer Brasil objects to corruption and bribes and does not accept deals based on illicit means. No employee is allowed to offer, receive or accept any kind of benefit to or from any business partner that may compromise the capacity to take objective and commercially fair decisions.

PRIVILEGED INFORMATION
Socer Brasil’s employees are not allowed to use privileged information. It applies especially to those which have access to such information about the company or affiliated companies or about a company with which the Group does business. The internal information may be relating to, for instance: new products or processes; merges, purchase or sale of some business or real state values; problems faced by Socer Brasil or another company with which the group does business; sales, productivity, transactions relating to significant contracts or commercial relationships; important litigations, or financial information.

Should any potential investor consider such information important to take the decision about an investment, the employee who hold this information will not be allowed to tell it to a third party until is becomes public.

Moreover, the employees are not supposed to buy or sell shares from any other company about which they have obtained non-public information, nor pass it on to a third party until it becomes public. The use of private information employed in the way cited above may also be considered illegal.

FAIR WORKING CONDITIONS
Socer is a socially responsible employer and recognizes that its employees play important roles.

This company seeks its employees’ commitment, and in return, shares its success with them, dedicating itself to providing them with a working environment where the diversity and wealth of the entrepreneurial culture is highly esteemed.

The Human Resources policies and activities must contribute to the creation of a working place where each one is given the chance of professional and personal growth.

Socer Brasil respects each individual and promotes an atmosphere conducive to the exchange of ideas, criticism and opinions.
It is also committed to offering equal job opportunities to everyone, not allowing discrimination or any kind of harassment to take place. Threats or violence and physical intimidation are forbidden, as well as the use of illegal drugs at work.

CONFLICT OF INTEREST
There is a “conflict of interest” when a person has personal interests which differ from those aimed by the company. In these situations, the company’s interest will not be compromised. Conflict of interest may emerge from several situations, such as the ones cited below, which require special attention:

• The employees must not receive improper personal benefit due to the position held in the company or obtain personal enrichment through the access of confidential information.

• All the employees must make comments on Socer’s legitimate interest when this kind of opportunity is given. They must not take advantage of the opportunities, use corporative information or properties or their positions in order to obtain personal benefits, nor compete directly or indirectly with the company.

• The employees must not hold any position in any external commercial organization that may affect adversely his motivation and performance, unless such work is specifically approved by the company.

• Socer encourages its employees to engage in volunteer work in their local communities and fundraising events. However, all these external activities, even the volunteer or fundraising ones, must no constitute a conflict of interest and should be compatible with their functions in the company.

• Any conflict or potential conflict of interest must be reported and discussed with their respective superiors.

RECORDS AND REPORTS RETENTION
Socer Brasil applies the highest quality standards in the information recording. All the company’s financial statements, accounting books, records and bills - whether electronically filed or printed - must reflect the transactions and events precisely and in accordance with legal requirements, accounting principles and also with the company’s internal accounting system.
Dishonest communication within the company or with organizations and personnel from other companies is expressly forbidden. Socer Brasil is committed to providing complete, precise, comprehensible information in every report and document which is filed or submitted to it complying with the Brazilians laws and other public communications.

PROTECTION AND PROPER USE OF ASSETS
Collectively, the employees are responsible for protecting and using Socer’s properties adequately. Every employee is also responsible for protecting the company’s properties from losses, damages, misuse, robberies, defalcation or destruction. Any situation or incident that may lead to these facts must be immediately reported to their superiors.

CONFIDENTIALITY AND PRIVACY
Information is one of the most valuable assets Socer owns and its open and efficient disclosure is essential to the company’s success. However, much of the business information is confidential or private and such confidentiality must be kept, unless its disclosure has been authorized by the company or demanded by some laws or standards. These rules apply specifically to intellectual property, such as commercial secrets, patents, brands, copyright, as well as business, marketing and services plans, industrial know-how and engineering, projects, database, records, information about salaries or any data or financial report that is not public.

RESPONSIBILITY
All employees must comply with the standards established in the code. Code violations will have consequences. In extreme cases, these consequences may include removing employees from their positions and dismissal.