Code of Conduct

Code Policies > Our Commitment to Our Shareholders > Insider Trading and Stock Tipping
that company’s securities is material, nonpublic information, and
you should not, until after the information has become public:
– buy or sell the security; or
– recommend that anyone else buy or sell the security. If you are
unsure whether information could be deemed “material,”
contact the law department in your business unit.
• Do not disclose to any person any material information about
Comcast, our subsidiaries or any other company that you learn
in connection with your service with the Company until that
information is generally available to the public. This includes not
disclosing this information to analysts, shareholders or other
securities market professionals.
• Treat decisions relating to investments in Comcast stock through
your 401(k) plan or the employee stock purchase plan the same
way you would treat decisions involving a direct purchase or sale
of securities. Accordingly, you should not switch into or out of
Comcast stock in your 401(k) plan or change your payroll
deduction in the employee stock purchase plan if you are
aware of material, nonpublic information about Comcast.
• Maintain the confidentiality of proprietary or other important
or sensitive information about the Company and do not convey
information to anyone outside of Comcast
unless necessary for your business
activities. You also should maintain
the confidentiality of information
that you learn in the course of
your service about suppliers,
contractors, customers,
companies in which the
Company has an investment
and other third parties.
• If the nature of your business activities and your position in the
business subject you to additional requirements relating to buying
and selling securities (such as the preclearance of personal trades
or being subject to a blackout policy), learn and follow all of those
requirements, and review the Comcast Blackout Period and
Pre-Clearance Policy. In addition, CNBC employees and
employees in the various news divisions of NBCUniversal
are subject to additional policies and guidelines.
• If questions arise, consult a Senior Attorney before trading
in the relevant security or disclosing the types of information
described above.
WHAT TO WATCH OUT FOR
• Buying or selling a security because you learn information that
you think will make the price go up or down once it is publicly
announced. Even after the information is released to the public,
there must be adequate time for the market to become fully aware
of the information before it is considered to be public information.
• Buying or selling a security before a significant Company
announcement.
• Talking to people (both inside and outside the Company) who do
not have a need to know information about what you have been
working on, where you have been traveling on Company business,
or who has visited the office.
ADDITIONAL RESOURCES IN THE INTEGRITY
SECTION OF YOUR BUSINESS UNIT’S INTRANET
• Frequently Asked Questions
• Blackout Period and Pre-Clearance Policy
• Fair Disclosure Policy
TABLE OF
CONTENTS
STATEMENT
OF INTEGRITY
RESOURCES
FOR EMPLOYEES
WHAT TO KNOW
ABOUT OUR CODE
CODE POLICIES
Talk with your supervisor or visit www.ComcastListens.com to learn more about how to raise a concern. 30