At Tofaş, business ethics is one of the core elements of company culture. Our every operation reflects our adherence to business ethics. Therefore, one of our employees’ primary duties and responsibilities is to follow the framework of ethical principles in their business lives. The Tofaş Code of Ethics and the Tofaş Anti-Bribery and Anti-Corruption Policy are accessible to all our employees, dealers, suppliers, partners, and stakeholders, which are expected to comply with its standard of integrity throughout the organization.

The Tofaş Ethics Committee is responsible for implementing the Tofaş Code of Ethics and overseeing its compliance process. At Tofaş, no corruption case is encountered, and an unwavering corporate stance continues this subject. At Tofaş, antitrust and competition laws are sensitive matters, and we maintain a steadfast commitment to comply with these laws. Concerning this, Tofaş has not encountered any non-compliance on these subjects, and no lawsuit has been filed against Tofaş.

Tofaş has a “zero tolerance” policy against bribery and corruption and conducts its activities fairly, honestly, legally, and ethically. We aim to fully comply with legal regulations, ethical and professional standards, and universally accepted rules in all policies and procedures we establish.

Our goal is to maintain a healthy competitive environment and conduct business where no antitrust issues arise. In case of trust violation, necessary actions will be taken to rectify the situation. Thus, ethical compliance is supported through in-house collective training, routine ethical code information, and online training to avoid possible wrongdoing.

Tofaş recognizes the importance of anti-corruption principles and intends to operate its business with good morals and under a good corporate governance framework. We regard the anti-corruption principle, the 10th principle of the UN Global Compact (UNGC), to which Koç Holding, one of our principal shareholders, is a signatory, as an essential part of our business ethics and anti-corruption strategy.

Tofaş does not discriminate in any of its activities or operations based on language, race, gender, political opinion, philosophical belief, religion, sect, or other factors. Unless the risk dimension of the work, the safety of the employee, or legal requirements necessitate it, different practices shall not be carried out directly or indirectly in the termination of the employment contract. The non-discriminatory approach is also adopted in the creation, implementation, and termination of the conditions due to gender or pregnancy, except for reasons related to the nature of the work. Equal remuneration for work of equal value will be free from discrimination based on sex. Recruiting, appointing, and promoting employers are not based on language, religion, or gender. Moreover, the employment of children is prohibited, and Tofaş, under no circumstances, will use forced or bonded labor in any of its activities and operations.