Our Integrity Code.

To us, integrity means making the right decisions. We adhere to internal and external rules, act in accordance with our corporate principles and, in doing so, also listen to our inner compass. We have laid this down in our group-wide Integrity Code.

Employees from different regions of the world and divisions have contributed to our Integrity Code and, in particular, to our corporate principles. It provides guidance for everyday work as well as in critical situations and helps to make the right decisions.

It is our responsibility to make difficult decisions on the right foundation. This is sometimes challenging and requires courage, but it pays off in the long run. The way we make decisions is a reflection of our actions and thus an expression of our integrity.

The right decisions are the basis for our sustainable success, contribute to our trustworthiness and support our goal of building the most desirable vehicles in the world and protecting the reputation of our brand.

Our five corporate principles are the heart of our Integrity Code. They sum up what we understand by integrity

• We strive to create sustainable value – economically, ecologically and socially.
• We act responsibly and respect the rules.
• We address issues openly and stand for transparency.
• Fairness and respect are the foundation of our collaboration.
• We practice diversity.

In our day-to-day work, we follow clear rules that guide our actions and provide orientation. Our behavior guidelines set them out clearly. Here are a few examples:

For a complete overview of all our behavior guidelines, see our Integrity Code.