The Iren Group Code of Ethics is the instrument that defines the set of ethical values and responsibilities of the Company.

The Code of Ethics also identifies the rules of conduct that should guide internal and external management and relationships. Compliance with the Code of Ethics also makes it possible to prevent the risk of committing the crimes set forth in Legislative Decree 231/2001 in the context of the specific activities carried out within the Iren Group. Observation of the content of the Code of Ethics by all who operate on behalf of Iren is of fundamental importance for the smooth operation, reliability and reputation of the Company.

Iren’s Corporate Social Responsibility Department has the task of promoting awareness, dissemination, and ensuring the updating, interpretation and implementation of the provisions of the Code of Ethics.

Iren establishes criteria and procedures to reduce the risk of violations of the Code of Ethics, promotes and verifies the knowledge and implementation of the Code, and ensures that any reports of violations of the Code are verified, the facts are evaluated, and appropriate sanctions are applied.

The Company has adopted an Organisation, Management and Control Model, approved by the Board of Directors, which formalises, in a nutshell, the set of measures aimed at preventing the offences provided for by Legislative Decree 231/2001, within the scope of activities identified as sensitive to the potential risk of committing an offence referred to in the decree itself.