"To stress PUMA’s commitment to fighting corruption even further, we integrated the topic into the updated version of our Code of Conduct in June 2016. The Code of Con- duct is a substantial pillar of our company and an essential part of our business relationships with suppliers."....."Next to our complaint system for employees in the supply chain, PUMA also maintains a world-wide hotline for external issues. The most important points on our company ethics, compliance and expected behaviour agenda are summarised in the PUMA Code of Ethics. PUMA CEO Bjørn Gulden has communicated the current version of the Code of Ethics which, amongst other things, covers rules about hospitality and gifts to employees (including Managing Directors of our subsidiaries and at PUMA SE) on a global level. The document can be found on our company intranet and also on the PUMA website: http://about.puma. com/en/sustainability/standards/coe. The PUMA Code of Ethics is updated on a regular basis." Page 68-69 Annual Report 2016