1.1 Standards of Conduct
We conduct our activities with honesty, integrity, high business ethics, and transparency, respecting the rights and interests of our employees. We also show the same respect for the legitimate interests of our customers, business partners, and competitors.
1.2 Principle of Legal Compliance
1.2.1 The COMPANY ensures the highest level of compliance with all national and international laws, especially regulations related to its activities, as well as internal company regulations.
1.2.2 The COMPANY ensures that all financial reports, financial statements, and records related to its business activities are prepared in accordance with national and international accounting standards.
1.2.3 In its relations with investors, stakeholders, and all parties of interest, the COMPANY acts in compliance with all applicable laws, regulations, rules, principles, internal policies, international legal standards, and ethical values, without discrimination.
1.3 Responsibilities Toward Stakeholders
1.3.1 The COMPANY bases its decisions on known economic criteria and ensures the most efficient management of its resources and assets through financial discipline and accountability.
1.3.2 Aiming to maximize shareholder value, the COMPANY implements value-creating strategies focused on growth, avoiding unnecessary and unmanageable risks.
1.3.3 It develops and implements a lawful, honest, transparent, and sustainable reporting system based on commercial and financial discipline. It ensures regular information flow to relevant individuals, institutions, and organizations. In public and shareholder disclosures, it provides timely, complete, accurate, and understandable information about financial statements, strategies, and investments within the scope required by legislation.
1.3.4 It manages its operations to distribute dividends in accordance with its profit distribution policy.
1.3.5 Except for persons and/or departments officially authorized, no employee may make verbal or written statements on behalf of the COMPANY.
1.3.6 In company operations, the rights and interests of stakeholders are prioritized. The company’s financial reports are audited by independent auditing institutions in accordance with the relevant provisions of the Turkish Commercial Code.
1.4 Responsibilities Toward Our Employees
As Dardanel Group Companies, we have adopted the ethical principles outlined below and have approved their implementation. Employees of the COMPANY who act contrary to, neglect, or hinder the application of these ethical principles will be subject to disciplinary procedures. Thus, COMPANY operations are ensured to be conducted within the framework of ethical principles.
1.4.1 Equal Employment Principle:
Dardanel Group values its employees and respects their rights.
The company does not discriminate in hiring, compensation, performance evaluation, dismissal, promotion, training, disciplinary actions, or other practices based on race, religion, color, gender, age, seniority, physical or mental disability, marital status, pregnancy, political opinion, or philosophical belief.
Harassment, including verbal or physical sexual harassment, is evaluated by the Disciplinary Committee.
1.4.2 The Company aims to maximize the benefit it gains from its employees' talents, strength, and creativity.
1.4.3 It seeks to ensure equal opportunity through fair and competitive wage policies, objective performance evaluations, appointment, promotion, rotation, and reward systems.
1.4.4 Ensures the continuity of workplace peace.
1.4.5 Provides clean, healthy, and safe working conditions.
1.4.6 Does not tolerate any form of harassment in the workplace.
1.4.7 Evaluates employee opinions and suggestions, provides feedback, and takes motivational measures.
1.4.8 Does not share employees' personal and sensitive data with third parties without their knowledge and consent, unless legally required.
1.5 Our Relationships With Customers
1.5.1 The COMPANY acts honestly, fairly, and sensitively in its relations with customers, strives to build trust-based relationships by producing fast and permanent solutions, and conducts product/service agreements in compliance with local and international laws and internal regulations.
1.5.2 It protects customer rights, does not provide misleading or incomplete information, considers customer complaints and objections, and promptly works to resolve them through necessary evaluations.
1.5.3 The Company aims to create value for customers and works to meet their demands and needs at the highest level by providing high-quality products and services.
1.5.4 The Company protects customer privacy and personal data in compliance with applicable laws.
1.6 Our Relationships With Competitors and Competition
1.6.1 The Company complies with all legal regulations related to the Law on the Protection of Competition; acts carefully to ensure free competition, sectoral development, and the sustainability of trust in the industry; and ensures fair competition in its relationships with competitor companies.
1.6.2 Violations of competition laws may result in significant fines or potential imprisonment for both individuals and legal entities, according to the Turkish Commercial Code and Turkish Penal Code. All COMPANY employees must comply with current laws, regulations, decrees, and orders regarding the protection of competition.
1.6.3 The Company strictly avoids any agreements, behaviors, or concerted actions, either directly or indirectly with competitors or other parties, that aim to or may restrict or hinder competition.
1.6.4 It may not hinder competition in any market by attempting to establish or strengthen a dominant position alone or with others.
1.6.5 The Company does not use illegal or unethical methods to access information about competitors. Only publicly available information is used, and information with unknown sources is not utilized.
1.6.6 Trade Associations:
Meetings of trade associations and similar bodies, which often include competitor firms, may involve discussions that exceed the limits of competition laws. Therefore, participants must be careful and must reject and leave meetings if discussions tend toward anti-competitive behavior.
1.6.7 Commercial Intelligence:
If commercial information about other companies is obtained, it should only be used if it is ethically and legally acceptable and does not breach confidentiality obligations. Under no circumstances should unethical or illegal methods such as misrepresentation, deception, theft, espionage, or bribery be used or requested from third parties.
1.8 Our Relationships With Business Partners and Suppliers
1.8.1 The COMPANY takes care to base its selection of suppliers and business partners on objective criteria.
1.8.2 It seeks to ensure that suppliers, partners, and dealers do not engage in unethical or illegal activities, encourages them to meet legal obligations, respect human rights, and follow principles of business ethics and anti-corruption.
1.8.3 In establishing and managing commercial relations, it prioritizes objective, transparent, equal, and independent criteria such as cost-benefit analysis, in line with corporate values and the interests of third-party stakeholders, without any conflict of interest or personal influence.
1.9. Our Relations with Public Institutions and Organizations
1.9.1 The Company carries out its activities on a legal basis, in compliance with laws, regulations, and directives.
1.9.2 The Company fulfills all its obligations to public institutions accurately, clearly, and in a timely manner.
1.9.3 Employees authorized to make declarations to legal authorities on behalf of the Company are determined by the Company’s signature circulars.
1.9.4 In relations with public institutions and organizations, the principle of equality is observed.
1.9.5 In the conduct of activities, the principle of maintaining an equal distance from public institutions and organizations, non-governmental organizations, and political parties is upheld.
1.9.6 The Company complies with legal and regulatory requirements; it does not engage in relationships involving material or non-material benefits with public officials, political figures, or their representatives.
1.9.7 The Company pays attention to sharing information that must be disclosed to the public accurately, consistently, and promptly, and acts sensitively in protecting internal information that should not be shared with the public.
We conduct our activities with honesty, integrity, high business ethics, and transparency, respecting the rights and interests of our employees. We also show the same respect for the legitimate interests of our customers, business partners, and competitors.
1.2 Principle of Legal Compliance
1.2.1 The COMPANY ensures the highest level of compliance with all national and international laws, especially regulations related to its activities, as well as internal company regulations.
1.2.2 The COMPANY ensures that all financial reports, financial statements, and records related to its business activities are prepared in accordance with national and international accounting standards.
1.2.3 In its relations with investors, stakeholders, and all parties of interest, the COMPANY acts in compliance with all applicable laws, regulations, rules, principles, internal policies, international legal standards, and ethical values, without discrimination.
1.3 Responsibilities Toward Stakeholders
1.3.1 The COMPANY bases its decisions on known economic criteria and ensures the most efficient management of its resources and assets through financial discipline and accountability.
1.3.2 Aiming to maximize shareholder value, the COMPANY implements value-creating strategies focused on growth, avoiding unnecessary and unmanageable risks.
1.3.3 It develops and implements a lawful, honest, transparent, and sustainable reporting system based on commercial and financial discipline. It ensures regular information flow to relevant individuals, institutions, and organizations. In public and shareholder disclosures, it provides timely, complete, accurate, and understandable information about financial statements, strategies, and investments within the scope required by legislation.
1.3.4 It manages its operations to distribute dividends in accordance with its profit distribution policy.
1.3.5 Except for persons and/or departments officially authorized, no employee may make verbal or written statements on behalf of the COMPANY.
1.3.6 In company operations, the rights and interests of stakeholders are prioritized. The company’s financial reports are audited by independent auditing institutions in accordance with the relevant provisions of the Turkish Commercial Code.
1.4 Responsibilities Toward Our Employees
As Dardanel Group Companies, we have adopted the ethical principles outlined below and have approved their implementation. Employees of the COMPANY who act contrary to, neglect, or hinder the application of these ethical principles will be subject to disciplinary procedures. Thus, COMPANY operations are ensured to be conducted within the framework of ethical principles.
1.4.1 Equal Employment Principle:
Dardanel Group values its employees and respects their rights.
The company does not discriminate in hiring, compensation, performance evaluation, dismissal, promotion, training, disciplinary actions, or other practices based on race, religion, color, gender, age, seniority, physical or mental disability, marital status, pregnancy, political opinion, or philosophical belief.
Harassment, including verbal or physical sexual harassment, is evaluated by the Disciplinary Committee.
1.4.2 The Company aims to maximize the benefit it gains from its employees' talents, strength, and creativity.
1.4.3 It seeks to ensure equal opportunity through fair and competitive wage policies, objective performance evaluations, appointment, promotion, rotation, and reward systems.
1.4.4 Ensures the continuity of workplace peace.
1.4.5 Provides clean, healthy, and safe working conditions.
1.4.6 Does not tolerate any form of harassment in the workplace.
1.4.7 Evaluates employee opinions and suggestions, provides feedback, and takes motivational measures.
1.4.8 Does not share employees' personal and sensitive data with third parties without their knowledge and consent, unless legally required.
1.5 Our Relationships With Customers
1.5.1 The COMPANY acts honestly, fairly, and sensitively in its relations with customers, strives to build trust-based relationships by producing fast and permanent solutions, and conducts product/service agreements in compliance with local and international laws and internal regulations.
1.5.2 It protects customer rights, does not provide misleading or incomplete information, considers customer complaints and objections, and promptly works to resolve them through necessary evaluations.
1.5.3 The Company aims to create value for customers and works to meet their demands and needs at the highest level by providing high-quality products and services.
1.5.4 The Company protects customer privacy and personal data in compliance with applicable laws.
1.6 Our Relationships With Competitors and Competition
1.6.1 The Company complies with all legal regulations related to the Law on the Protection of Competition; acts carefully to ensure free competition, sectoral development, and the sustainability of trust in the industry; and ensures fair competition in its relationships with competitor companies.
1.6.2 Violations of competition laws may result in significant fines or potential imprisonment for both individuals and legal entities, according to the Turkish Commercial Code and Turkish Penal Code. All COMPANY employees must comply with current laws, regulations, decrees, and orders regarding the protection of competition.
1.6.3 The Company strictly avoids any agreements, behaviors, or concerted actions, either directly or indirectly with competitors or other parties, that aim to or may restrict or hinder competition.
1.6.4 It may not hinder competition in any market by attempting to establish or strengthen a dominant position alone or with others.
1.6.5 The Company does not use illegal or unethical methods to access information about competitors. Only publicly available information is used, and information with unknown sources is not utilized.
1.6.6 Trade Associations:
Meetings of trade associations and similar bodies, which often include competitor firms, may involve discussions that exceed the limits of competition laws. Therefore, participants must be careful and must reject and leave meetings if discussions tend toward anti-competitive behavior.
1.6.7 Commercial Intelligence:
If commercial information about other companies is obtained, it should only be used if it is ethically and legally acceptable and does not breach confidentiality obligations. Under no circumstances should unethical or illegal methods such as misrepresentation, deception, theft, espionage, or bribery be used or requested from third parties.
1.8 Our Relationships With Business Partners and Suppliers
1.8.1 The COMPANY takes care to base its selection of suppliers and business partners on objective criteria.
1.8.2 It seeks to ensure that suppliers, partners, and dealers do not engage in unethical or illegal activities, encourages them to meet legal obligations, respect human rights, and follow principles of business ethics and anti-corruption.
1.8.3 In establishing and managing commercial relations, it prioritizes objective, transparent, equal, and independent criteria such as cost-benefit analysis, in line with corporate values and the interests of third-party stakeholders, without any conflict of interest or personal influence.
1.9. Our Relations with Public Institutions and Organizations
1.9.1 The Company carries out its activities on a legal basis, in compliance with laws, regulations, and directives.
1.9.2 The Company fulfills all its obligations to public institutions accurately, clearly, and in a timely manner.
1.9.3 Employees authorized to make declarations to legal authorities on behalf of the Company are determined by the Company’s signature circulars.
1.9.4 In relations with public institutions and organizations, the principle of equality is observed.
1.9.5 In the conduct of activities, the principle of maintaining an equal distance from public institutions and organizations, non-governmental organizations, and political parties is upheld.
1.9.6 The Company complies with legal and regulatory requirements; it does not engage in relationships involving material or non-material benefits with public officials, political figures, or their representatives.
1.9.7 The Company pays attention to sharing information that must be disclosed to the public accurately, consistently, and promptly, and acts sensitively in protecting internal information that should not be shared with the public.
" width="248" height="244" alt="Dardanel"/>