Corporate Ethics and Business Conduct
SAL is committed to upholding the highest standards of ethical conduct and integrity across all aspects of its operations. This commitment is formalised through a comprehensive Code of Ethics and Business Conduct, which provides a clear framework for professional behaviour applicable to the Board of Directors, Committee Members, Executive Management, and all employees.
The Code reinforces compliance with applicable laws, regulations, and internal policies, while promoting accountability, transparency, and responsible decision-making. It establishes clear expectations regarding conflicts of interest, confidentiality, fair dealing, protection of Company assets, and adherence to governance principles. Through consistent application of these standards, SAL strengthens its control environment and fosters a culture of integrity that supports sustainable value creation and stakeholder confidence.
Whistleblowing and Ethical Reporting
SAL maintains established whistleblowing channels that enable employees, contractors, clients, suppliers, and Board Members to report suspected unethical or unlawful conduct. These mechanisms cover matters such as fraud, corruption, financial misconduct, conflicts of interest, harassment, and other violations of Company policies or regulatory requirements.
Whistleblowing channels are designed to ensure confidentiality and to protect individuals from retaliation. Reports may be submitted through designated communication platforms and are handled in accordance with defined investigation protocols. All reported concerns are assessed independently and investigated where appropriate, with corrective actions implemented as necessary.
This structured reporting framework supports early detection of potential misconduct, strengthens internal controls, and reinforces SAL’s commitment to a values-driven workplace culture.
Anti-Bribery and Corruption Compliance
SAL enforces strict anti-bribery and anti-corruption policies in line with applicable local regulations and international best practices. The Company adopts a zero-tolerance approach toward bribery, facilitation payments, kickbacks, and any form of improper advantage in business dealings.
These policies apply to all employees, officers, Board Members, contractors, and business partners. Compliance is supported through periodic training, awareness initiatives, monitoring procedures, and internal control mechanisms. Due diligence processes are implemented for significant partnerships and transactions to mitigate corruption-related risks.
Through these measures, SAL ensures that all business activities are conducted with integrity, transparency, and accountability, thereby safeguarding the Company’s reputation and maintaining stakeholder trust.