About PGS

Company Profile Corporate Governance Core Values Code of Conduct PGS Principles of Conduct Business Practices Laws & Regulations Business Ethics Employee Conduct / Responsibilities Compliance Audit Committee Charter Remuneration and Corporate Governance Committee Charter Rules of Procedure Nomination Committee Mandate and Charter Board of Directors Senior Management

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Compliance

These Business Practices are important elements of the Company’s effort to promote compliance with policies, laws, and regulations and to ensure appropriate business behavior. These practices will be reviewed periodically to ensure they remain applicable to conducting our business.

Reporting Violations

If you are concerned or are aware of what appears to be an inappropriate situation, you are encouraged to notify your supervisor or an appropriate Company representative. You can contact the legal department, a human resource representative, our Company compliance personnel, or pursue an issue with any higher level of management. All reports of suspected violations, whether made anonymously or otherwise, will be treated confidentially and will be investigated promptly, thoroughly and fairly. Intimidation or retaliation against anyone making such a report will not be tolerated.

You may communicate your concerns by telephone, through Internet access, in person, or by contacting the Compliance Hotline. The Compliance Hotline, including Internet based access, enables you to anonymously report inappropriate activities regarding Company policy violations, violations of laws and regulations or other ethical concerns.

The Compliance Hotline is available 24 hours through Internet access by logging on to www.compliance-helpline.com/pgs.jsp or by calling:

Direct +1.704.943.0136 anywhere worldwide
Collect by contacting an international operator and
asking for +1.704.943.0137 from PGS
Toll free +1.888.289.4042 in USA or Canada
Toll free +47.800.14471 in Norway

All employees have an obligation to notify their supervisors, or other appropriate Company representatives (including the Compliance Hotline) of suspected violations of law or failures to adhere to these Business Practices.

No Rights Created

This Code of Conduct is a statement of certain fundamental PGS principles, policies and procedures that govern the Company’s employees and directors. It does not create any rights for any customer, supplier, competitor, shareholder or any other person or entity.