CODE OF BUSINESS ETHICS

Corporate Polita

Nacre Ltd. expects all personnel to conduct their work and business activities in accordance with the highest ethical standards and not to conduct their work or activities in such a way as to damage the reputation of Nacre Ltd. or cause the violation of any law or regulation.

The values and principles of behavior form the basis of Nacre Ltd. corporate culture on which the focus on qualitative excellence achieved by continuous technological innovation is based, with a view to maximum guarantee and protection of consumers.

All employees are expected to adhere to the highest ethical standards in their professional and business practices. In order to fulfill these obligations, the whole company must avoid conflicts of interest that may exist between external activities.

All personnel are expected to respect intellectual property rights and protect confidential information by safeguarding it from misuse, theft, fraud, or improper disclosure. Equal employment opportunity to employees and job applicants regardless of race, ethnicity, religion, color, sex, nationality, ancestry, sexual orientation, gender identity or expression, marital status, family structure, genetic information, or mental or physical disability. We ensure safe, respectful and productive workplace by establishing and maintaining fair labor practices, including compliance with laws prohibiting harassment.

Nacre Ltd. provides an appropriate mechanism for its employees to report integrity issues, safety concerns, and misconduct without fear of retaliation Nacre Ltd. also appropriately investigates reports and takes corrective action if necessary.

The Company intends to conduct its business and make its investments in a socially environmentally responsible manner. Protection of the Environment is considered a primary goal and therefore is pursued starting with the individual behavior of people working for the Company, who are provided with the necessary information and instructions for the purposes of "energy conservation," "waste management," and recyclable materials.