Tebma Values & Culture

It is the policy of Tebma Shipyards, regardless of location, to commit to maintaining the highest business ethics and standards. In order to preserve the integrity of our business and the manner in which we are perceived by co-workers, customers, suppliers, competitors, and the communities in which we live and work, it is imperative that each employee conduct his or her business and personal affairs in compliance with this Code of Ethics and Conduct Guidelines.

This policy contains Tebma’s Code of Ethics and Conduct Guidelines. The Code discusses ethical and legal principles that must guide all of Tebma’s employees in their work. In order to be useful, this policy should be kept handy and reviewed from time to time. However, the Code does not cover every possible situation that may arise, and is not intended to provide final answers in all matters. Questions or issues regarding the Code should be discussed with the employee’s manager and/or the Head of Human Resources.

In simple terms, the Company expects its employees to conduct themselves in an ethical and professional manner, and to be honest, responsible or fair when conducting business with any of Tebma’s customers, suppliers and fellow employees.

The Scope

This policy applies to all employees and agents (including members of the Company’s Board of Directors) of Tebma Shipyards, its subsidiaries, and controlled affiliates regardless of location (collectively referred to as the ‘Company’).

Employee Responsibilities

Ethics and behavior are individual responsibilities. High standards of ethical and professional behavior are expected of all employees, regardless of position or location. No supervisor has the authority to require or permit conduct that is in violation of either the Code or any law.
In some cases, the Company’s agents represent the interests of the Company with respect to third parties. Accordingly, employees who supervise the activities of Company agents are responsible for making sure that agents working under their control or direction receive a copy of, and abide by, the Code.

Management Responsibilities

All managers are responsible for seeing that Company policies are followed. Every manager is responsible for communicating Company policies to his or her employees, including those dealing with legal and ethical behavior. Managers and supervisors also are responsible for maintaining a work environment where constructive, frank, and open discussion is encouraged and expected, without fear of retaliation. The Chief Executive Officer of the Company and management at all levels throughout the Company are responsible for ensuring adherence to the Code and for ensuring that there is appropriate ongoing employee communication, guidance, and training. Management is supported in this effort by the Human Resources Department and the Head of Human Resources. Violations of the Code may be reported to your department manager, the Head of Human Resources or any officer of the Company.