Business Conduct Ethics - modec

A Message from OurPresident & CEOSince our founding in 1968, our success has been basedon hard work and an unwavering commitment tohonesty and integrity in everything we do. Today’sbusiness environment is complex and much haschanged in recent years. We have also changedand grown in significant ways. But one thingthat will never change is our beliefthat maintaining our good reputationdepends on each of us being personallyresponsible for our conduct. Our Codeof Business Conduct and Ethics providesinformation about our personal and corporateresponsibilities, including complying with the law andapplying our good judgment each and every day.An important step in meeting our day-to-daycompliance and ethics responsibilities is to be mindfulof our responsibilities to one another, to our businesspartners, to our shareholders and to the communitieswhere we work and live.Of course this Code cannot answer all of your questions or address every situation,which is why we have designated personnel and resources to answer questions andto follow-up when problems occur. If you are unsure of what to do in particularcircumstances or you are concerned that this Code or our policies are being broken,you have a responsibility to bring that to our attention. A problem cannot be resolvedunless it has been identified.I believe the quality of our people and our commitment to compliance and ethics will notonly enable us to succeed today but will also help us realize OUR VISION: MODEC will bethe global leader in delivering and operating innovative and reliable floating productionsystems by developing skilled, proactive and committed teams focused on creating value.Serving as President & CEO of MODEC, Inc., I reaffirm my commitment to compliance andfollowing these policies, and I trust all of my MODEC Group colleagues will do the same.Sincerely,Toshiro MiyazakiPresident & CEOMODEC, Inc.1