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Code of Ethics _traduzione inglese rev1_ - Prada Group

Code of Ethics _traduzione inglese rev1_ - Prada Group

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3.5 Relations with political organisations and trade unionsThe PRADA <strong>Group</strong> contributes to the economic wellbeing and growth <strong>of</strong> thecommunity in which it operates.To this end, in performing its activities the PRADA <strong>Group</strong> conforms these torespect <strong>of</strong> the local and national communities, encouraging dialogue with thetrade unions and associations <strong>of</strong> other kinds.The relations <strong>of</strong> PRADA spa and the companies <strong>of</strong> the <strong>Group</strong> with politicalparties or their representatives or candidates are marked by the strictestcompliance with the legislation in force.The Addressees are forbidden from promising or <strong>of</strong>fering payments or benefits<strong>of</strong> any kind, in the name and on the behalf <strong>of</strong> the PRADA <strong>Group</strong>, to political ortrade union organisations or representatives <strong>of</strong> the same, excepting what isallowed and provided for by the legislation and regulations in force.3.6 Relations with other interlocutorsThe relations <strong>of</strong> the PRADA <strong>Group</strong> with private bodies, such as ONLUS andother non-pr<strong>of</strong>it organisations, must be inspired by the strictest compliancewith the applicable legal provisions, and must not, in any way, compromise theintegrity and the reputation <strong>of</strong> the PRADA <strong>Group</strong>.The undertaking <strong>of</strong> commitments and the management <strong>of</strong> relations <strong>of</strong> any kindwith private bodies are restricted exclusively to the corporate functionsappointed to the same and to the personnel thus authorised, in line with thesystem <strong>of</strong> mandates, job descriptions and corporate procedures.3.6.1 SponsorshipPRADA spa and the companies <strong>of</strong> the <strong>Group</strong> may accept requests forsponsorship for events that <strong>of</strong>fer guarantees <strong>of</strong> quality and seriousness.Such sponsorship may relate to the social or environmental sphere, or to theworld <strong>of</strong> sport, entertainment or art.3.7 Relations with shareholders and operations with related partiesThe PRADA <strong>Group</strong> exerts itself so that all shareholders are treated equally.The advantages deriving from belonging to a <strong>Group</strong> are pursued not only incompliance with the applicable legislation, but in respect <strong>of</strong> the interests <strong>of</strong>each company in pr<strong>of</strong>itability and the creation <strong>of</strong> value for the shareholders.The operations with related parties, including infragroup operations, complywith criteria <strong>of</strong> substantial and procedural correctness, according to preestablishedrules <strong>of</strong> conduct.PRADA <strong>Group</strong> <strong>Code</strong> <strong>of</strong> <strong>Ethics</strong> 10

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