Cellnex’s Code of Ethics is the fundamental regulation that governs the Cellnex Group and which establishes general conduct guidelines which must be complied with. Based on the Group’s culture, no internal regulations of the companies belonging to the Cellnex Group could be contrary to its provisions.

The Code of Ethics, together with other rules, regulations and policies that compose the Group’s regulatory framework in terms of ethics and compliance, sets out the values, commitments and standards that must be respected by all people subject to it as well as by the stakeholders of the Cellnex Group, and respects both human rights and specific labour rights.

The Code of Ethics aims to:

• Establish general conduct and behavior guidelines.
• Define an ethical framework of reference, which must be complied with and should govern the working and professional behavior of those subject to it.
• Create a set of rules of conduct for those stakeholders that come into contact with any of the Group companies.
• Establish a framework for the prevention of bribery and corruption, aligned with Cellnex’s Anti-Bribery Management System (ABMS), and ensure compliance with established regulations and guidelines in the fight against these practices.

The Code of Ethics has defined a Whistleblowing Channel, which allows potentially significant irregularities detected within the companies of the Cellnex Group to be confidentially and anonymously reported. The Whistleblowing  Channel is managed by the Channel Manager, an outsourced and independent expert third party.