The Right Way I Every Day www.lyondellbasell.ethicspoint.com15 We Deal Fairly with Our Customers and Vendors Doing business the right way means we always provide accurate and fair information about our Companyand our competitionto all of our customers vendors and stakeholders. This means that we must always engage in fair and ethical marketing sales and communications. We may never misrepresent our products or those of our competitors. In addition we may never take unfair advantage of anyone through manipulation or abuse of privileged or proprietary information misrepresentations or any other unethical or illegal practice. Use of Competitive Information Sometimes we have access to information about our competitors that may give our Company a business advantage. This information may come from others or employees who worked previously for or have information about a competitor. It is important that we act legally and ethically at all times with respect to this information. Even if it may be legal to use competitive information it may not be ethical. If confidential information about a competitor is deliberately or inadvertently disclosed to you you should discuss its disclosure with the Legal department and refuse to use it without express permission from the Legal department to do so. Question Patrick is training a new employee Marisol who previously worked for a competing chemical company. While discussing product markets Marisol discloses financial information about her previous employer which could affect future business decisions our Company makes. Marisol doesnt see anything wrong with sharing this information and Patrick thinks it is too useful to ignore. What should be done in this situation Answer First Patrick should explain to Marisol that her disclosure violates our Code. Helping her understand this will prevent future disclosures from occurring. Next Patrick should discuss the incident with the Legal department to determine the best course of action. Of course Patrick must not attempt to use this information for LyondellBasells gain as doing so is a violation of our Code. We Safeguard Third Party Information Through our work we may be privy to confidential information about our vendors and other stakeholders. We must safeguard this information and honor all contractual commitments we enter into with these parties relating to said information at all times. This means in part protecting all third-party intellectual property such as inventions and software from disclosure or misuse. We Comply with International Trade Controls LyondellBasell is a global company. As such it is our responsibility to know and follow all applicable laws and regulations that govern international trade. Consequences for violating trade control laws and regulations are severe for both our Company and the individuals involved. ImportExport Controls One of the responsibilities we all share is knowing and following laws relating to imports and exports. An import occurs when a product software service technology or technical information is shipped into a customs territory and an export occurs when the same is shipped out of a customs territory. Imports are subject to various laws and regulations that may require the payment of duties and taxes and the submission of certain filings. Various laws and regulations may require licenses and permits before exporting any products services technology or technical information. For additional information please see the applicable Company policies and procedures on Elements. Sanctioned Countries and Boycotts Some laws prohibit us from doing business with certain people or entities or conducting business in certain countries. We must follow those laws. We are mindful of economic sanctions imposed by the United Nations European Union United States and other jurisdictions that may restrict or prohibit trade transactions. Activities that may be restricted or prohibited include investments transfers of assets monetary payments imports exports sales or supplies of goods services software or technology trade- related transactions travel to the affected countries and any facilitation of others who are conducting these activities. We must be aware of and follow applicable restrictions wherever we are doing business to the extent not otherwise in conflict with applicable laws of primary jurisdiction. We must also comply with anti-boycott laws and regulations where applicable.