Common use of LEGITIMACY IN CENIT’S NEGOTIATIONS Clause in Contracts

LEGITIMACY IN CENIT’S NEGOTIATIONS. The nature of the hydrocarbons’ business requires us to interact with national, regional and local authorities and that we negotiate with our suppliers, contractors and operation partners. All our relationships are governed by the Relationship Principles and by the legal standards applicable. I act with legitimacy when: ▪ I ensure that I know, understand and observe the standards that are applicable to the Company from my position and responsibility. ▪ I utilize the legal paths for the relationships with the stakeholders. I do not offer incentives to government officials, contractors or illegal groups, either directly or indirectly, to influence a discretional decision. I acknowledge that it is illegal and that it may lead to legal actions. ▪ I do not use my position in the company to get involved in, do politics or obtain something in return. ▪ I always carry out honest and transparent negotiations with the Stakeholders and I treat them with honesty and respect. ▪ I do not take part in or legitimate disloyal, deceitful or confuse commercial practices. ▪ I comply with the competition laws applicable in the countries in which we do business. ▪ I develop my competitiveness respecting and promoting the standards of the hydrocarbons’ industry.