2009 Code of Ethics – Prescription of rules

These principles for action reflect amongst others the way in which Vallourec means to conduct its relations with suppliers.

Vallourec strives to develop a relationship of confidence and partnership with its suppliers in order to best satisfy its customers' requirements.

Taking the interests of all into consideration and complying with fair contractual terms are the bases of relations between Vallourec and its suppliers.Vallourec asks its suppliers to respect the fundamental rights of their employees, in line with its commitments to its own personnel.