our code of conductfilecache.investorroom.com/mr5ir_drpeppersnapplegroup_ir/...ethical sourcing 17...
TRANSCRIPT
Our COde Of COnduCt
tABLe Of COntentS
A Message From Larry D. Young 3
Our Commitments 4
Your Personal Responsibility 5Compliance 5RoadmapforMakingEthicalDecisions 5
Speaking Up! 6Reporting 6Investigation 6Confidentiality 6Retaliation/Obstruction 6
Key Questions 7
Our Workplace 8Diversity 8
Equal Opportunity and Non-Harassment Policy Human Rights Policy
Safety 8ConflictsofInterestinWorkingRelationships 9
Our Customers, Suppliers & Competitors 10Bribery 10
Bribery & Foreign Corrupt Practices Policy CompetitionandAntitrustLaws 10
Antitrust Policy ConflictsofInterest 11 OutsideInvestmentsandBusiness 11 GiftsandEntertainment 11
Authority and Expense Policies
Our Investors 13AccountingandFinancialReporting 13UseofCompanyResources 13
Authority and Expense Policies IT User Policy
FraudandLoss 13ConfidentialInformation 14DisclosuretoInvestors 14
Disclosure Policy InsiderTrading 14
Insider Trading Policy PoliticalContributions 15
Political Contributions Policy ProhibitedTransactions 15
Related Persons Transaction Policy
Our Consumers 16ProductQuality 16Marketing 16
Marketing to Children Policy
Our Communities 17Environment 17EthicalSourcing 17
Ethical Sourcing Code of Conduct
Human Rights Policy GivingBack 17
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A MeSSAGe frOM LArrY d. YOunGP r e S I d e n t & C e O
DPSTeam:
AswetakeACTIONonbehalfofDrPepperSnappleGroup,weareaccountableforactingwithintegrity,opennessandresponsibility,andforobeyingthelawsandregulationsofthecountrieswherewedobusiness.
OurCode of Conductprovidestheoperatingrulesthathelpusachieveourgoalsandbuildourreputation.Theyunderscoreourresponsibilitiesasagroupandasindividualstopromoteethicalbusinesspractices,usecompanyresourcesappropriately,valuediversityandensureequalemploymentopportunities,andcomplywithapplicablelaws.Togetherwithindividualresponsibilityandgoodjudgment,ourCodeofConductguidesusinmakingtherightdecisionsabouthowweworkandwhatwedo.
OurCode of ConductappliestoeveryDPSemployee,officeranddirector,everybusinesstransactionwemake,ourday-to-dayactionsandeverybusinessandpersonactingonourbehalf.Simplyput,thisisabout
doingtherightthingatalltimes.
BetheBest!
LarryD.Young
President&CEO
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Our COMMItMentS
Our WOrKPLACe Wearecommittedtocreatingapositiveanddiverseworkplacethatisfreefromdiscriminationandharassment.
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Our COde Of COnduCt
Our CuStOMerS, SuPPLIerS And COMPetItOrS Wevalueandrespectourcustomers,suppliers,competitorsandgovernmentauthorities.Inourdealingswiththem,wealwaysactinanethicalandlegalmannerwhilestrivingtocompeteandwininourbusiness.
Our COnSuMerS Wearecommittedtoensuringthatourproductsaremadetohighstandardsofqualityandsafetyandthattheyareappropriatelymarketedtoourconsumers.
Our COMMunItIeS
Wearecommittedtoensuringthatouractionsleaveapositiveimpactonourhometowns,workforce,shareholders,customers,consumersandnaturalresources.
Our InVeStOrS
Wearecommittedtofairandproperaccountingandfinancialreportingandbeinggoodstewardsofcompanyresourcesforourinvestors.
SPeAKInG uP!
UnderlyingourCodeisourSpeakingUp!policy,whichunderscoresyouraccountabilityforreportinganyviolationsoftheCode.
OurCodeofConductoutlinesthecommitmentswe’vemadetoourstakeholdersandthosewithwhomwedobusinessandourexpectationsofourcompanyandpersonneltoactinaprofessional,ethicalandlegalmannerinalltheirdealings.
YOur PerSOnAL reSPOnSIBILItY
Attheheartofeverysuccessfulteamisthebeliefthatwecancountoneachothertooperateinaresponsiblemanner,actinthebestinterestoftheteamandmakeappropriatedecisionsforourselvesandonbehalfofthecompany.
COMPLIAnCe
Compliancestartswithyou,andyouareresponsiblefor:
• Understandingandcomplyingwithour Codeandrelatedpolicies.• Familiarizingyourselfwithandfollowing thelawsandregulationsthatapplytoour businessandyourjob.• Actingwiththehigheststandardsofethics andintegrity.• Reportingviolationsandmisconduct.
Failuretocomplymayleadtodisciplinaryaction,includingterminationforcause.
rOAdMAP fOr MAKInG etHICAL deCISIOnS
WeexpectyoutousegoodjudgmentandcommonsensetocomplywiththeletterandthespiritofourCodeandourotherpoliciesandavoideventheappearanceofimproperbehavior.Whenanissueisnotdirectlyaddressed,youshouldusetheCodeasaroadmapformakingethicaldecisions.Inallcases,askyourself:
• Isthiscompliantwithourpoliciesand/or wellwithinthespiritofourpolicies?• Whatmighttheimpactofmyactionbe? Couldithurtthecompany’sreputationor myprofessionalreputation?• WouldIbecomfortabletellingmymanager aboutmydecision,orseeingmydecision reportedinthenewsmedia?
Ifthereisstillanydoubt,seeKeyQuestionsforwhomtoask.
OurCodeisaboutdoingtherightthingatalltimes.
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Thank you for your efforts to ensure DPS continues to be recognized by our employees, consumers, customers, vendors and shareholders as an ethical company with great brands and great people.
SPeAKInG uP!
A“goodfaith”reportmeansthatyouhaveprovidedalloftheinformationyouhaveandbelieveittobetrue.Weprohibitretaliationagainstanyonewhomakesareportingoodfaith.
rePOrtInG
IfyouhaveconcernsaboutanymatterorifyouareawareofapotentialbreachofthisCodeoritsrelatedpolicies,youhaveadutytoreportit.Toassistusininvestigating,youareencouragedtoprovidealloftheinformationyouarecomfortablewithproviding.OurSpeakingUp!Policy,outlinedbelow,providesawayforyoutoreportanonymously,ifyouchoose,andwithoutconcernforretaliation.Youmay:
WritetoDPSatthefollowingaddress:
DrPepperSnappleGroup5301LegacyDrivePlano,TX75024Attn:GeneralCounsel
CalltheanonymousSpeakingUp!hotlineanytime24hoursaday,365daysayear:
U.S.andCanada:1.800.349.4248Mexico:001.888.243.8076
SubmitanonymouslytotheSpeakingUp!website:
https://www.integrity-helpline.com/dps.jsp
InVeStIGAtIOn
Wewillreviewandinvestigatereportspromptly,thoroughlyandfairly,takingappropriateactionwhenevernecessary.Youareexpectedtoparticipateinaninvestigationwhenasked.Investigationsareconductedwithoutregardtoasuspectedwrongdoer’slengthofservice,position/titleorrelationshiptothecompany.Ifyouarenotsatisfiedwithouractionstakeninresponse,youmayreportthemattertothechairmanoftheauditcommitteeoftheboardofdirectorsatthecompanyaddressabove.
Wevalueopennessandhonesty.
COnfIdentIALItY
Everyreasonableeffortwillbemadetomaintaintheconfidentialityofinformationreported.Aninvestigationwillnotbedisclosedordiscussedotherthanwiththosewithalegitimateneedtoknow.Wereservetherightinoursolediscretiontodiscloseanyinformationobtainedduringaninvestigationtoanythirdparty,includinganyfederalorstateagency.
retALIAtIOn/OBStruCtIOn
Wewillnottolerateretaliationinanyformagainstanypersonforreportsmadeingoodfaith.Anyretaliationorattempttodeterorobstructanemployeefromprovidingsuchinformationorparticipatinginaninvestigationwillbetreatedasaseriousdisciplinaryoffense.
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KeY QueStIOnS
tO WHOM dOeS tHe COde APPLY?
Unlessotherwisenoted,ourCodeappliestoallemployees,officersanddirectors(“you”)ofDrPepperSnappleGroup,Inc.anditssubsidiaries(“company”or“we”)intheU.Sandothercountriesweoperate.Wealsoexpectourconsultants,vendors,contractorsandotherthirdpartieswithwhomwedobusinesstoabidebytheportionsofourCodethatareapplicabletoourrelationship.Notethatincertaincases,thepoliciesmayapplytoyou,yourfamilymembersandpersonswholivewithyou.
dOeS tHIS COde COVer ALL Of MY OBLIGAtIOnS?
InthisCode,weprovideguidance,butcannotlistallactivitiesorbehaviorsthatmaybeinappropriate.Thisguidanceisnotintendedtocoverallpotentialsituations,andtheexamplesprovidedheredonotlimitthegeneralityoftheCodeorotherpolicies.
dO OtHer POLICIeS APPLY?
Yes.OurCodeisastartingpointforunderstandingyourobligations.Otherpoliciesapply,someofwhicharereferencedinthisCode.Theseotherrelatedpoliciesmaybeprovidedtoyouorareavailabletoyouonthecompanyintranet.
WHO dO I ASK If I HAVe A QueStIOn?
IfyouhavequestionsabouthowtointerpretthisCode,orwhetherareasoftheCodemaybewaivedinrelationtoyouractivities,youmayaskthroughourSpeakingUp!reportingchannels.Pleasenotethatcomplianceresponsibilityultimatelyrestswithyou.Waiverofanyprovisionfordirectors,executiveofficersandseniorfinancialofficersmustbegrantedbytheboardofdirectors.
WHO reVIeWS And APPrOVeS tHe COde?
TheboardofdirectorsreviewsandapprovesourCodeofConduct.Otherpoliciesmaybereviewedandapprovedbytheboardand/orotherseniormanagement.Theauditcommitteeoftheboardofdirectorsandthegeneralcounsel’sofficemonitorcompliancewiththisCodeandtakeappropriateactionstopromoteaccountabilityandaddressmisconduct.PleasenotethatwereservetherighttoamendormodifythisCodeorotherreferencedpoliciesatanytime.
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Our commitments to:
Our WOrKPLACe
Ifyouencounterorbecomeawareofanyactofdiscriminationorharassment,youareaccountableforreportingitthroughyoursupervisor,amemberofthehumanresourcesteamorourSpeakingUp!hotline.
reSPeCt & PrOMOte dIVerSItY
Justaseachofourbrandsbringsitsownflavortoourproductportfolio,eachDPSemployeebringshisorherownuniquesetofexperiences,perspectivesandbackgroundstoourbusiness.WhenwetakeACTIONatDPS,wedosowithoutregardtosex,race,color,nationalorigin,ancestry,religion,creed,age,maritalstatus,gender,genderidentityorexpression,disability,medicalcondition,coveredveteranormilitarystatus,sexualorientation,geneticinformation,oranyotherstatusprotectedunderfederal,stateorlocallaw.Accordingly,unwelcomeconductbasedonanyoftheseprotectedcharacteristicsisforbidden.
We’recommittedtodiversityandequalopportunityandprohibitdiscriminationaswellasunwelcomeanddiscriminatorybehavior.Thisincludesconductthatcreatesanintimidating,offensiveorhostileenvironment.Thisconductcantakemanyforms,includingphysicalactions,spokenorwrittencomments,andmultimedia.
Regardlessoftheformittakes,harassmentnegativelyimpactsindividualworkperformanceandourworkplaceasawhole,andwillnotbetolerated.
SeeourEqual Opportunity and Non-Harassment Policy and Human Rights Policy.
Wearecommittedtocreatingapositiveanddiverseworkplacethatisfreefromdiscriminationandharassment.
enSure A SAfe WOrKPLACe
Safetyiseveryone’sresponsibilityatDPS.Weallareaccountableforprovidingasafeworkingenvironment,whichmeansthatyoushouldimmediatelyreportanyunsafeconditionsoractivitiesthroughyoursupervisor,amemberofthehumanresourcesteamorourSpeakingUp!hotline.Thisincludesviolationsofsafetylaws,localsafetyrulesorsecurityprocedures;threatsoractsofviolenceagainstcompanyproperty,employeesorcustomers;vandalism;andthepresenceofweaponsorprohibitedsubstancesoncompanypremises.
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AVOId COnfLICtS Of IntereSt In WOrKInG reLAtIOnSHIPS
Giventhepotentialforconflictsofinterestandtheinherentriskssuchrelationshipscouldposetoeffectiveworkingrelationships,apersonmaynotsuperviseafamilymember,andapersonmustnotenterintoaromanticorsimilarlycloserelationshipwithanypersonheorshesupervises.Moreover,afamilymemberofanofficerordirectormaynotbehired,regardlessofposition,withoutapprovalfrombothhumanresourcesandthegeneralcounsel’soffice.
Forthesepurposes,youareconsidered“supervising”apersonif:
• Youhavesupervisoryresponsibilityoreffective controloveranyaspectofhisorherjob,• Youaudit,revieworoverseeanyaspectofhisor herjob,or• Heorshereportsuptoyou,directlyor indirectly,withinourorganizationalstructure.
A“familymember”includesaspouse,parent,child,grandchild,siblingandstep-parent/child/grandchild/siblingandin-laws,whetherornotlivingatthesameresidence,andpersonswholivewithyou.
Pleasenotifyhumanresourcesifyoubecomeawareofapotentialhiringthatmayresultinaconflictwiththisprovision.
Iftwoformerlyunrelatedemployeesbecomefamilymembers,orpreviouslywerenotinasupervisoryrelationshipbutduetopromotion,transfer,orthelikenoware,bothshoulddisclosetherelationshiptohumanresources.
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Our commitments to:
Our CuStOMerS, SuPPLIerS & COMPetItOrS
PrOHIBIt BrIBerY
Weconductourbusinesswithintegrityandstrictlyprohibitanysortofbribery,includingbyanypersonactingdirectlyorindirectlyonourbehalfandwhetherforourdomesticorforeignsubsidiaries.YoushouldalsobemindfuloftheappearanceofimproprietyandourpoliciesongiftsandentertainmentasexplainedbelowinConflictsofInterest.
Inanydealingwithgovernmentofficials,additionallawsandpoliciesapply.Variousnationalandlocallawsmakeitacrimetobribegovernmentofficials.Inaddition,underU.S.law,itisillegaltogiveanythingofvaluetoaforeignofficial,whetherbyourownemployeeorpersonsactingonourbehalfandwhetherbyourdomesticorforeignoperations.Violationscanresultincriminalandcivilliabilityforyouandthecompany.Evenanoffer,promiseorauthorizationofabribeoranominalpaymentorgiftmayviolatelaw.
SeeourBribery and Foreign Corrupt Practices Policyforfurtherexplanationofthesubstantiallegalrequirementsandourstrictrules,includingongiftsandentertainment,whichyoumustcomplywithindealingwithgovernmentandforeignofficials.
Wevalueandrespectourcustomers,suppliers,competitorsandgovernmentauthorities.Inourdealingswiththem,wealwaysactinanethicalandlegalmannerwhilestrivingtocompeteandwininourbusiness.
COMPLY WItH COMPetItIOn & AntItruSt LAWS
Westrivetocompetefairlyandarecommittedtocomplyingwithapplicablelaws,includingantitrustlawscoveringthepricing,promotion,distribution,purchaseandsaleofourproducts,aswellasourrelationshipsbetweenmanufacturers,suppliers,distributors,retailers,customersandcompetitors.
Violationsoftheselawsmayresultinfinesandimprisonment.Someactivitiesmaybeillegalandshouldbeavoided,suchasagreementsbetweencompetitorstosetpricesorallocateterritoriesorcustomers.Inordertoavoidtheappearanceofimpropriety,youshouldalsogenerallyavoidanydiscussionofprices,terms,distribution,production,customersorterritorieswithacompetitor.Antitrustandcompetitionlawsmayalsorestrictthetyingofthepurchaseofoneproductwithanother,certainexclusivedealingarrangements,settingofresalepricesandotheractivities.
Thelawsandtheirapplicationtoindividualcircumstancesarecomplex.Moreover,becausesomeofourbottlersareownedbybrandowners,wemustbeawareofthoserelationshipsandensurethatourdiscussionsandanyconfidentialinformationweshareareappropriate.Ifyouhaveresponsibilityforthesaleormarketingofourproducts,youshouldfamiliarizeyourselfwiththeselawsandourAntitrustPolicyandalwaysconsultwiththelegaldepartmentwhenyouhavequestions.
SeeourAntitrust Policyforfurtherguidanceonantitrustlawsandadditionaldiscussionofimproperandproperbehaviorindealingwithcompetitors.
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AVOId COnfLICtS Of IntereSt
Weareaccountableforensuringthatourpersonalinterestsdonotimpactourabilitytomakesoundbusinessdecisions.Conflictsmayarisewhenyourpersonalorfamilyinterestsmayinterferewiththecompany’sinanywayormayaffectyourobjectivityandeffectiveness,orwhenyoureceiveimproperpersonalbenefits.Youmaynotengageinanyactivitythatcreatesaconflictofinterest,ortheappearanceofone,betweenyouandthecompany.Moreover,youmaynotuseourproperty,positionorinformationforpersonalgainandyoumaynotcompetewithus.Thefollowingareexamplesandguidelines:
• Outside Investments and Business.Sometimes,outsideinvestmentsandbusinessaffiliationsoropportunitiesmaycreateaconflictofinterest.Becauseoftheinherentconflict,youmaynot:
• Ownmorethananominalfinancialor beneficialinterestinanyonecompetingor doingbusinesswithus(however,you mayownsharesinapubliccompany,if youownlessthan1percentofthetotal equity,orifyouownmorethan1percent andyouownitthroughamutual fundorsimilarnondiscretionary, undirectedarrangement).•Serveasadirector,officer,consultantor employeeorinanothercapacityforany partythatisacompetitororconductsor seekstodobusinesswithus,orwhere suchotherpositioninterferesormay appeartointerferewithyour responsibilities.•Takebusinessopportunitiesforyourself thatarewithinthescopeofourbusiness orthatyoudiscoverthroughyourposition, andyoumaynotdirecttheopportunity tothirdparties(unlesswehaveturnedthe opportunitydownanditclearlydoesnot conflictwithourbusinessinterests).Ifanactivityinvolvesbothpersonalandcompanybenefits,youshouldseekguidancefromthegeneralcounsel’soffice.
•Gifts & Entertainment.Youmaynotacceptgiftsormeals,trips,tickets,eventsandotherformsofentertainmentthatmayappearortendtoinfluencebusinessdecisions,compromiseindependentjudgmentorcreatetheimpressionorexpectation(perceivedorotherwise)thatthegiverwillberewardedinsomeway.Youmustalsobesensitivetoourcustomers’andsuppliers’ownrulesongiftsandentertainment.Regardlessofthemotiveoractualinfluenceonindependentjudgment,youmaynotacceptorprovide“significant”giftsorentertainment,whetherfromortoacustomer,supplieroranyoneattemptingtodevelopabusinessrelationshipwithus.Modestgiftsandreasonableentertainmentareacceptable,butshouldnotcreateanexpectationorappearanceofspecialtreatment,andshouldbeappropriateandconsistentwithourotherpolicies.Weexpectyoutousegoodjudgmentandcommonsenseandavoideventheappearanceofimproperbehavior.Inallcases,anysortofbriberyisstrictlyprohibited.And,inanydealingwithgovernmentofficials,otherstrictlawsandpoliciesapplyasexplainedaboveandinourBribery and Foreign Corrupt Practices Policy.
Q:Whatare“significant”giftsandentertainment?
A:Significantgiftsarethoseover$300invalue,andsignificantentertainmentisthatwhichisoverandabovewhatcouldbeconsideredreasonableandcustomaryunderthecircumstancesoftherelationship.
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Examplesofmodestandreasonablegiftsandentertainmentmayinclude:
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Examplesofsignificantandprohibitedgiftsandentertainmentmayinclude:
• T-shirts,inexpensivepens,mugs,cups, calendarsandthelike.• Giftsofourregularproductsor promotionalitemsmadebysalesor marketingtogenerategoodwill.• Eventticketsthataregenerallyavailable tothepublic,suchaslocalsporting, concertandtheatreevents.• Entertainmentthatisapartofacompany- sponsoredprogram,suchasasales incentiveoracustomermarketing promotion.
• Anygiftmorethan$300invalue.• Most“elite”or“premiere”eventtickets (suchastheOlympics,WorldCup,Super Bowl,WorldSeries,Wimbledon,Masters, U.S.Open,PGAChampionship,Oscarsor Grammys)thatarenotrealistically accessibletothegeneralpublicoravailable onlyataveryhighpremiumoverfacevalue.• Cashorcashequivalentsofanyvalue(such asapre-loadeddebitcardorgift certificates).
Ifyouhaveanydoubtonthepropercourseofactionregardinggiftsandentertainment,obtainthepriorapprovalofyourmanager.SeeourAuthority and Expense Policiesforfurtherguidanceandrequirementsregardingproperexpenses,approvalsanddocumentationforgiftsandentertainment.
Our commitments to:
Our InVeStOrS
enSure SOund ACCOuntInG And fInAnCIAL rePOrtInG
Wearecommittedtoprovidingfull,fair,accurate,timelyandunderstandabledisclosureofrelevantinformationtoinvestorsandtheSecuritiesandExchangeCommission.Wehaveclearlegalobligations,andit’simportanttorememberthatfraudulentormisleadingreportingorimpropertransactionscanresultincivilorcriminalpenaltiestotheindividualsinvolvedandthecompany.Alltransactionsmustbeproperlyapprovedandaccuratelyreflectedonourbooksandrecords,accountingandfinancialreporting.Estimatesandguidanceonfutureperformance,thoughsubjecttomanyuncertaintiesandrisks,shouldbebasedongoodfaithviewsatthetimemade.Youshouldalsoreportanyerror,deficiencyornoncompliancewithinternalaccountingcontrols.
SAfeGuArd Our COMPAnY reSOurCeS
Weshouldbegoodstewardsofcompanyresources.Youruseofcompanyresources,suchasspendingcompanydollarsandusingcompanyassetsandITsystems,shouldalwayshaveproperbusinesspurposesandrequiredapprovalsandbebackedwithproperdocumentation.OurAuthorityandExpensePoliciesexplaintheappropriatetypesandamountsofspending,contracts,commitmentsandotheractions,aswellaswhomustapprovecertainactions,thedocumentationyoumusthaveandhowyoumustsubmitit.Likewise,ourITUserPolicyoutlinesrequirementswhenusingcompanyITresourcesincludinginformationoninappropriateconductandmonitoringofactivities.
SeeourAuthority and Expense PoliciesandourIT User Policyforfurtherguidance.
GuArd AGAInSt frAud And LOSS Wemustworktopreventfraudandlosstoourbusiness.Thefollowingactionsarestrictlyprohibited:• Forgery,alterationorfalsificationof documents,recordsortransactions, includingexpensereports.• Off-the-recordtrading,accountsor transactions.• Fraud,regardlessofamount,including deceptiveormanipulativeconductor violationofcorporateloyalty,trustor confidence,whetherintentionalorreckless.• Attempttomislead,deceive,manipulate, misstateorengageindeliberateerror, includinganyfalseormisleading representationorconcealmentofa materialfact.• Reportingoffalseormisleading informationininternalorexternalfinancial reports.• Theft,destruction,removalorinappropriate useofcorporatepropertyorinformation.• Receivingproperty,loansorgiftsfromthe company,exceptundercompanyserviceor awardplans.
Wearecommittedtofairandproperaccountingandfinancialreportingandbeinggoodstewardsofcompanyresourcesforourinvestors.
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PrOteCt COnfIdentIAL InfOrMAtIOn
Inyourrole,youmaybecomeawareofconfidentialinformationaboutDPSandourfinances,sales,products,employeesorthirdpartieswedobusinesswith.Unauthorizedorinappropriatedisclosureoruseofconfidentialinformationisprohibited.Youmaynotusesuchinformationforpersonalgainandshouldtakereasonablestepstoprotectit.Youshouldnotprovideittootherparties,exceptforproperbusinesspurposeswithproperconfidentialityagreements.Theseconfidentialityobligationscontinueafteryourrelationshipwithusends.
enSure fAIr dISCLOSure tO InVeStOrS
Inparticular,wemustensurefairdisclosuretoinvestors.Applicablelawsgovernhowandwhenwedisclosematerialinformationtothepublicmarket,andyoumuststrictlycomplywithourobligationsunderlawandourDisclosurePolicy.OnlytheCEO,CFOanddesignatedinvestorrelationsandcorporateaffairsrepresentativesmayspeakwithinvestors,thefinancialcommunityormediawithoutpriorapproval.Internally,materialnon-publicinformationshouldbecontrolledonaneed-to-knowbasis.FormallyapprovednewsreleasesandSECfilingsaretheprimarymeansofdisclosingsuchinformation.Ifyoubelievesuchinformationhasbeeninappropriatelydisclosed,notifythegeneralcounsel’sofficeimmediately.
SeeourDisclosure Policy forfurtherinformation.
OBeY InSIder trAdInG LAWS
Youmustnottradeillegallyinsecuritiesorprovideinsidertipstoothers.Insidertradinglawsarevigorouslyenforcedandpenaltiescanbesevere,includingmillion-dollarfinesandmulti-yearjailterms.
IfyouareawareofmaterialnonpublicinformationrelatingtoDPSoritssecurities,youmaynot,directlyorindirectlythroughfamilyorothers:
• BuyorsellDPSsecuritiesorotherwisetake anyactiontotakepersonaladvantage,or• Providetheinformationtoanyoutside party,includingfamilyandfriends.
Inaddition,certainemployees,officersanddirectorsmayonlytradeduringdesignatedtradingwindows,andmustnevertradewhenawareofmaterialnon-publicinformationorwhenanyothertradingblackoutisimposed.
SeeourInsider Trading Policyforfurtherguidance,includingexamplesofmaterialnon-publicinformation,howtransactionsunderstockplansaretreated,additionalprohibitionsonspeculating,short-sellingandtradingincompanieswemaydobusinesswith,obligationsifyouleavethecompany,andadditionaltradingandreportingobligationsfordirectorsandexecutiveofficers.
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OnlytheCEO,CFOanddesignatedinvestorrelationsandcorporateaffairsrepresentativesmayspeakwithinvestors,thefinancialcommunityormediawithoutpriorapproval.
COMPLY WItH POLItICAL COntrIButIOnS LAWS
DPSencouragesvoluntarypersonalparticipationwiththepoliticalprocessonyourowntimeandinamannerthatisconsistentwithrelevantlawsandcompanyguidelines.However,youshouldspeakasanindividualandavoidtheappearancethatyouarespeakingasourrepresentative,unlessauthorized.EligibleemployeesmaymakepersonaldonationstotheDPSpoliticalactioncommittee.Personalpoliticaldonationswillnotbereimbursed,whetherthroughanexpenseaccount,bonusorotherwise.Youmaynotusecompanyfunds,facilitiesandotherassets(includingnominalcontributionsofourproducts)tosupport,directlyorindirectly,anypoliticalcandidateswithoutadvancewrittenapprovalfromthegovernmentaffairsteamandthegeneralcounsel’soffice.
Allcompanyandpoliticalactioncommitteecontributionsandmattersofpublicpolicyaremanagedbyourgovernmentaffairsteam.Incertainstates,DPSmaymakepoliticalcontributionswithinspecificlimitsandreportingrequirements,suchasthroughastatebeverageassociation.However,thecompanymaynotmakedirectcontributionsorgiftsofanykind,whethermoney,property,goodsorservices,toanypoliticalcandidate,campaigncommitteeorotherorganizationinconnectionwithanyfederalelection.
SeeourPolitical Contributions Policyforfurtherinformation.
AVOId PrOHIBIted trAnSACtIOnS
Weareaccountableforensuringthatourpersonalinterestsdonotimpactourabilitytomakesoundbusinessdecisions.InadditiontotheconflictsofinterestissuesapplicabletoallofourpersonnelinOurCustomers,SuppliersandCompetitorsandOurWorkforcesections,ourRelated Persons Transaction Policyoutlinesadditionalprohibitionsonloansandothertransactionsbetweenthecompanyand“relatedpersons,”includingdirectors,officersandmaterialshareholders.
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Our commitments to:
Our COnSuMerS
Weexpectallofourpersonneltobeaccountabletoapplyrigorousqualitystandardsthroughoutoursupplychainandbusinessandreportanyproductsafetyconcernsimmediately.
PrOduCe PrOduCtS Our COnSuMerS CAn truSt
AtDPS,qualityandsafetyareintegraltoourvaluesandwe’recommittedtoproducingproductsthatourconsumerscantrust.Tothatend,weemployarigorousqualitymanagementprocesstoensureweproducehigh-qualityproductsthatmeetourspecificationsandcomplywithregulatoryrequirements.Ourprocessincludesthereviewandmonitoringnotonlyofourownplantsandproduction,butalsothequalityandsafetyofourbottlers,co-packersandsuppliers.Wealsoactivelylistenandregularlyrespondtothequalityexpectationsofourconsumers.
MArKet Our PrOduCtS reSPOnSIBLY
Asaleaderinflavoredbeverages,ourproductshavebeenenjoyedbyfamiliesforgenerations.Werespectourconsumersandappreciatethetrusttheyhaveinourcompanyandourproducts.Togarnerthattrust,wemarketandadvertiseourproductsinatruthfulmannerincompliancewithallapplicablelaws.
Wealsomarketourproductsinamannerappropriatefortheintendedaudience.Oursoftdrinks,juicesandjuicedrinksarelovedbyallages,andcanbeconsumedaspartofabalancedandactivelifestyle.Weencouragefamiliestomaketherightchoicesforthemselvesbyprovidingclearcalorielabelsonthefrontofourproducts,smallerportionsizes,numerousregular,lowandnocalorieoptionsandournutritionandingredientwebsite.Whenitcomestochildren,webelievethatparentalinvolvementisthekeytochoosinghowandwherewepromoteourfamilyofproducts,andhavedevelopedapolicytohelpguideyouabouthowandwherewemarketourbrands.
Seeour Marketing to Children Policyforfurtherinformation.
Wearecommittedtoensuringthatourproductsaremadetohighstandardsofqualityandsafetyandthattheyareappropriatelymarketedtoourconsumers.
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Our commitments to:
Our COMMunItIeS
PrOteCt tHe enVIrOnMent
Ourcommitmenttodeliveringgreatbrandsgoeshandinhandwithoureffortstopreserveandprotectthenaturalresourcesweusetocreatethem.Westrivetouseenvironmentallysoundpracticesandmeetorexceedtherequirementsofenvironmentallaws,rulesandregulationsgoverningourbusiness.Weactivelypursueoperationalimprovementsandphilanthropicactivitiesdesignedtoreduceourenvironmentalimpact.
Ifyouknowofapracticethatdoesnotcomplywithenvironmentallawsorourpolicies,youhaveadutytoreportit
SOurCe etHICALLY
Weexpecthighstandardsofqualityandsafetythroughoutoursupplychainbysuppliersthatprovidesafeworkingconditions,dignityandrespectfortheiremployees.Weinspectwhatweexpectandworkwithoursupplierstoobtaincommitmentandcompliancetoourethicalsourcingstandards.
SeeourEthical Sourcing Code of ConductandourHuman Rights Policy forfurtherinformation.
GIVe BACK tO Our COMMunItIeS
Throughgrant-giving,programpartnershipsanddisasterrelief,wewanttofosterphysicallyactive,engagedandsustainablecommunitieswhereouremployees,customersandconsumersliveandworkandfocusoureffortsonfitandactivelifestyles,environmentalinitiatives,emergencyreliefandhometowngiving.Wehaveestablishedsignaturepartnershipswithselectnonprofitorganizationsandencouragevolunteerismamongouremployees.
Seeoursustainabilityreportatdpsgsustainability.comforadditionalinformationonoursustainabilityprogramandgoals.
Wearecommittedtohavingapositiveimpactonourcommunityandenvironment.
Westrivetodogoodthingswithflavorinourhometownstogivebacktothosewhohavesupportedourcompanyandourbrandsthroughtheyears.
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