The Board of Directors approves a new version of the Code of Ethics

On 21 January 2015, the Board of Directors of the OHL Group approved an updated version of the Code of Ethics in order to adjust it to the Criminal Code reform, approved by Organic Act 1/2015, of 30 March, and published in the Official State Gazette (known by its Spanish acronym, BOE) on 31 March 2015, all as part of its improvement of the organization and management model used to prevent crime in the OHL Group. Consequently, from a criminal law point of view, a readjustment has been made in offences related to corruption, bribery, influence peddling, money laundering and the financing of terrorism, with KYC due diligence measures, intellectual property and computer programs, amongst others.

The Code of Ethics of the OHL Group, as part of the regulatory body guiding its corporate governance, “constitutes an express declaration of values, principles and conduct guidelines that should govern the behavior of all Group workers when carrying out their professional activity, thereby guaranteeing their social commitment to ethics, integrity and transparency towards the local communities they are involved in, including any external agents collaborating with OHL in its business. Thus, given that everybody in the Group is obliged to be aware of the Code, understanding and accepting it, the necessary procedures to do so will be established by the Corporate Human Resources Management, with assistance from the Compliance Management.

We would like to recall that there is an Ethical Communications Channel which, through various means -Intranet, Web and regular mail-, enables all those belonging to OHL and other stakeholders to make consultations or suggestions or to report any potential infringements of the Code of Ethics. It is an indispensable tool to ensure that the Code of Ethics is fully effective, and to continuously improve our prevention system and quality standards. This channel is directed by the Auditing, Compliance & CSR Committee, through the Compliance Directorate, which guarantees confidentiality and the absence of retaliation against its bona fide users.