CODE OF BUSINESS CONDUCT AND ETHICS
SHELL CORPORATION PETRON CORPORATION
In the shell corporation, the
COE, Addressee is held
accountable for the full
compliance with this Code with
Accountability respect to any issues within his
control.
Shell companies recognize that
regular dialogue and
engagement with our
stakeholders is essential. We
are committed to reporting of
our performance by providing
Reporting full relevant information to
Legitimately interested parties,
subject to any overriding
considerations of Business
confidentiality.
You must be aware of the rules
on conflicts of interest and
ensure that your participation in
politically motivated activity
does not involve you or Shell in
a conflict of interest.
Conflict of Interest
Data privacy laws safeguard
information about individuals –
their personal data. At Shell, we
respect the privacy rights of our
Data Privacy staff, customers, suppliers and
business partners. We are
committed to managing
personal data in a professional,
lawful and ethical way.
It is the responsibility of every
director, officer, and employee
and the policy of the Petron
Group to encourage directors,
officers, and employees to ask
questions, seek guidance, and
report suspected violations of
this Code of Conduct and
Ethical Business Policy.
The Petron Group shall prepare
and maintain its accounts fairly,
timely, accurately and reliably
in accordance with the
accounting and financial
reporting standards which
represent the generally accepted
guidelines, principles,
standards, laws and regulations
of each jurisdiction or location
in which the Petron Group
conducts its business affairs.
All directors, officers and
employees must avoid any
conflict between their personal
interest and the interest of the
Company. A director, officer or
employee shall not engage in
any business relationship or
activity which might
detrimentally conflict with the
interest of the Petron Group or
in any manner influence his/her
ability to exercise objectivity or
act in the best interests of the
Petron Group, its shareholders
and its other stakeholders.
The Petron Group protects the
confidentiality of employee
records and uses them in
accordance with applicable data
privacy laws.
 At Shell, we build relationships
based on trust, and we are
determined to maintain and
enhance our reputation. For this
reason, we never accept or pay
bribes, including facilitation
payments. Even unsubstantiated
Anti-bribery and claims of bribery and
Corruption corruption may damage Shell’s
reputation.
Money laundering occurs when
the proceeds of crime are
hidden in legitimate business
dealings, or when
legitimate funds are used to
Anti-Money Laundering support criminal activities,
including terrorism. All
companies are at risk of being
exploited in this way – and we
must be on our guard to help
protect our reputation and
ensure we comply with the law.
We all have our own interests
outside work and you have the
right to engage in lawful
political activity in your own
time. However, we also need to
protect Shell’s interests and
reputation. It is therefore
Political activity and important that individuals
Payments keep their personal political
activities separate from their
role at Shell.
The Petron Group prohibits
bribery or other improper
payments in any of its business
operations. The Petron Group
and its directors, officers, and
employees shall neither solicit
or receive nor offer or make,
directly or indirectly, any illegal
or improper payments,
remuneration, gifts, favors,
commission, donations or other
comparable benefits which are
intended or perceived to obtain
business or uncompetitive
favors in the conduct of the
business of the Petron Group.
Not Applicable
The Petron Group does not
make payments or contributions
to political parties,
organizations, or their
representatives or take part in
partisan politics. However,
when dealing with the national
and local governments, the
Petron Group has the right and
responsibility, in the pursuit of
its legitimate commercial
objectives, to make its positions
known on any matter
which affects the Petron Group
or its employees, customers,
shareholders and other
stakeholders.
 Like any other global company,
we must comply with all
applicable national and
international trade compliance
regulations. Trade compliance
includes regulations governing
the import, export and domestic
trading of goods, technology,
software and services as well as
international sanctions and
restrictive trade practices.
Trade Compliance Failure to comply with the
applicable laws could lead to
fines, delays, seizure of goods
or loss of Shell’s export or
import privileges, as well as
damage to Shell’s reputation or
imprisonment for individuals. It
is crucial that you are aware of
the requirements and how they
apply to your role. By doing so,
you are helping the company to
continue doing business
internationally.
Shell aim to earn the confidence
of their customers and
shareholders, as well as
contribute to the communities
in which to operate as good
Neighbors, creating lasting
Health, Safety and social benefits. compliance with
Environment the law and to achieve
continuous performance
improvement,while promoting a
culture in which all Shell staff
and contractors share this
commitment
You must not offer, pay, make,
seek or accept
a personal payment, gift or
favor in return
Accepting Gifts for favorable treatment or to
gain a business
advantage. You must not allow
anybody else
to do so on your behalf.
Directors, officers and
employees are responsible for
the protection of all corporate
information and intellectual
property of the Petron Group,
such as copyrights, patents,
trademarks and technology. As
the Petron Group may license
intellectual property fromother
persons, all directors, officers
and employees must also ensure
that property of
this nature is protected in
accordance with the agreements
giving the Petron Group the
right to use such property.
Petron assure the health and
security of their employees,
customer, suppliers and etc.
Petron Group is committed to
preventing the wasteful use of
natural resources and
minimized any hazardous
impact of the development,
production use and disposal of
any of its products and services
on the ecological environment.
Soliciting and accepting gifts,
favors and/or services from any
current or potential third
party provider are strictly
prohibited. For purposes of this
Code, a “third party provider”
refers to an individual, entity,
organization and/or its
representatives that have
existing and/or intended
business dealings with the

Conducting our activities in a
way that respects human rights
is a business imperative for
Shell and supports our licence
to operate. Human rights
requirements are embedded in
our existing framework,
manuals and policies and
Human Rights include:Social performance,
security, human resources,
contracting and procurement.
Petron Group. This includes,
but shall not be limited, to
prospective or existing
contractors, providers,
suppliers, buyers, dealers,
customers, and all other
business partners who are or
may be similarly situated.
The Petron Group provides safe
work conditions and promotes
the development and best use of
employee talent (including
through the conduct of outside
and in-house trainings) and
equal
opportunity employment.
The Petron Group protects the
confidentiality of employee
records and uses them in
accordance with applicable data
privacy laws. Every director,
officer and employee in the
Petron Group shall deal with
professionalism, honesty,
integrity and uphold high moral
and ethical standards. Such
conduct shall be fair and
transparent.