Each of us must notify his or her superior, who will request the approval of the management, of the intended acceptance of any position in another undertaking or of the engagement in any remunerated ancillary activities or of the intention of any active entrepreneurial operations outside of Progroup. The same notification obligation vis-à-vis the superior and the requirement of the approval of the management apply to equity investments in and participations in the profit of unlisted companies, which are competitors or business partners (suppliers, service providers, customers and the like) of Progroup.
In day-to-day business, we may be confronted with decisions in which the interests of the Company conflict with our personal interests. Such conflicts of interest between the work owed by any employee under the employment agreement and his or her personal interests should be avoided. If they nevertheless occur, they must be resolved in accordance with the law and the applicable policies. In the event of any private expressions of opinion in public, employees should not refer to their function within the Company.
Conflicts of interest may also arise within Progroup. In the event that such conflicts of interest arise or are imminent (e.g. in case of the conclusion or performance of agreements with other group companies), their solution must be co-ordinated with the management.