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4.

MAKING IT SUSTAINABLE

PRYSMIAN GROUP

2015

YEARLY OVERVIEW

1.

In business

Ethics in business activities: the

profit motive does not justify

improper behaviour. Profit must be

achieved by respect for the rules

and competitors, and by fair and

transparent actions that anticipate

and meet market needs, thus

generating value for distribution to

all stakeholders.

2.

With people

Ethics in internal relations:

the bond with employees is

strengthened by respecting their

rights, expectations and needs and

by fostering improvement in their

living standards and professional

growth. The individual is central

to every activity, as the engine for

future development.

3.

For the environment

Ethics in environmental and social

matters: given its strong belief

in the principle of sustainable

development, the Prysmian Group

operates worldwide with respect

for the environment and social

communities; at the same time,

it encourages the responsible use

of resources and promotes local

projects designed to enhance well-

being in the areas concerned.

CODE OF ETHICS:

OUR THREE PILLARS

All companies within the Prysmian Group are committed to comply rigorously with the Code of Ethics, applicable regulations

and the rules and procedures adopted from time to time by the Group. In order to ensure the widest possible distribution of its contents,

the Code of Ethics - available in the 26 languages used by the Group - is also published on the website,

www.prysmiangroup.com

.

Prysmian has recently drawn up its own "Constitution", serving

as a charter of rights and moral duties. A shared document that defines

the ethical-social responsibilities of each participant in the organisation.