CORRUPTION PREVENTION

*All documents are provided in Lithuanian. If you require information in English, please contact us by email at info@litexpo.lt

ANTI-CORRUPTION POLICY – TRANSPARENCY

In order to build open and trust-based relationships, LITEXPO has adopted a Corruption Prevention Policy, under which the Company commits to complying in good faith with all applicable legal requirements related to its activities, including anti-corruption legislation, combating corruption, and implementing anti-corruption measures. The Policy applies to all employees of the Company, as well as contractors, suppliers, consultants and other intermediaries.

We do not tolerate any form of corruption and uphold the highest standards of ethics, integrity and transparency in our operations. We are committed to conducting business honestly and transparently and to building reliable relationships with our clients, partners, suppliers and public authorities. The Company does not support and refrains from any form of influence — whether direct or indirect — on politicians or political parties.

RISK OF CORRUPTION

LITEXPO’s Corruption Prevention Programme has been prepared in accordance with the Law on Corruption Prevention of the Republic of Lithuania, the Law on the Adjustment of Public and Private Interests in the Civil Service, and the Recommendations for Identifying Areas of Activity of State or Municipal Institutions with a High Risk of Corruption, approved by Order No. 2-170 of the Director of the Special Investigation Service on 13 May 2011.

The risk of corruption refers to the assumption that certain external, internal and/or individual risk factors affecting the Company’s activities may create conditions for corruption to occur. In order to identify, eliminate or manage corruption risk factors, corruption risk assessments are carried out and measures are implemented to reduce or eliminate such risks.

In developing and implementing the Policy, the Company follows these principles:

1. Principle of Legality – Anti-corruption measures must comply with applicable legislation.

2. Principle of Transparency – The Company seeks openness and transparency in its operations. The Policy is published on the LITEXPO website to ensure open communication regarding the Company’s zero-tolerance approach to corruption.

3. Leadership by Example – The personal example of managers is a key factor in fostering a culture of zero tolerance for corruption and ensuring effective implementation of the Policy.

4. Employee Engagement – Employees are involved in anti-corruption training programmes and in the implementation of corruption prevention measures.

5. Principle of Proportionality – Anti-corruption measures must be proportionate to the level of corruption risks they are designed to manage.

6. Principle of Effectiveness – The cost of anti-corruption measures must not exceed the benefits they provide.

7. Principle of Accountability – Any person working at the Company who commits a corruption-related offence shall be held liable in accordance with applicable laws, regardless of position, functions or contributions to the Company.

   CORRUPTION PREVENTION POLICY  *

   TRANSPARENCY PROCEDURE*

   CORRUPTION RISK ASSESSMENT PROCEDURE*

   ACTION PLAN FOR THE IMPLEMENTATION OF ANTI-CORRUPTION MEASURES*

The person responsible for corruption prevention at LITEXPO is the Company’s Legal Counsel, Vilma Jūrienė
Email: pranesk@litexpo.lt, v.juriene@litexpo.l Mobile: +370 696 19340

POLICY IMPLEMENTATION

LITEXPO conducts its activities in accordance with the highest ethical standards and principles, guided by the values of openness and integrity. The Company has clearly established procedures regarding acceptable and non-acceptable gifts and other benefits, and employees are educated and trained on the importance of combating corruption.

All employees joining the Company are required to familiarize themselves with the Corruption Prevention Policy and participate in mandatory anti-corruption and ethics training. In addition, designated persons are responsible for overseeing the implementation of the Policy.

Reporting Potential Violations

Employees of the Company, other natural and legal persons having contractual, cooperation or other relationships with the Company, as well as members of the public, are invited to anonymously report potential violations or possibly unlawful actions of Company employees via the Company’s trust hotline: +370 696 19340 or by email at pranesk@litexpo.lt. These contact details are published on the Company’s website in the Contacts section.

Information on ensuring confidentiality and providing feedback can be found in the Procedure for Submitting and Examining Reports at UAB Lithuanian Exhibition and Congress Centre LITEXPO.

Procedure for Handling Reports*

CODE OF ETHICS

The Code of Ethics establishes uniform standards of conduct and professional ethics applicable in communication and cooperation with internal and external stakeholders, including service users, contractors, business partners, shareholders, state and municipal institutions, and the public.

All members of the Board, managers, employees and other persons acting on behalf of the Company must adhere to these principles:

1. Principle of Respect

2. Principle of Fairness, Impartiality and Objectivity

3. Principle of Professionalism

4. Principle of Cooperation

5. Principle of Integrity

6. Principle of Responsibility and Accountability

7. Principle of Exemplary Conduct

CODE OF ETHICS*

DECLARATION OF PRIVATE INTERESTS

UAB Lithuanian Exhibition and Congress Centre “LITEXPO” publishes the Procedure for the Adjustment of Private Interests and Recusal and the list of positions whose holders are required to declare private interests in accordance with the Law on the Adjustment of Public and Private Interests of the Republic of Lithuania.

Private interests must be declared through the database of the Chief Official Ethics Commission (COEC). LITEXPO employees involved in procurement processes are also required to declare their private interests.

PROCEDURE FOR THE ADJUSTMENT OF PRIVATE INTERESTS AND RECUSAL*

LIST OF POSITIONS SUBJECT TO MANDATORY DECLARATION OF PRIVATE INTERESTS*