Code of Ethics

Retalix thrives on success, but honesty and integrity should not be compromised. This is the way we choose to achieve it. This is the tone we want to set.

The value of uncompromising integrity, strict compliance with applicable laws, and full, fair and accurate disclosure are the foundations of our relationships with our customers, business partners, shareholders and among one another.

The Retalix Code of Ethics and Business Conduct introduces our employees, directors and officers to the way that we choose to do business at Retalix. It has been approved by the Board of Directors and provides the general principles of business conduct that we respect as a company and believe to be critical to our success.

This Code of Ethics and Business Conduct is intended to have our directors, officers and employees appreciate the importance we place on ethical business conduct and to map out the kind of company we want to be. In particular, the purpose of the Code is to establish policies and guidelines that ensure that and/or promote:

• honest and ethical conduct, including the ethical handling of conflicts of interest
• full, fair, accurate and timely disclosure in public communications made by us
• compliance with applicable laws and regulations
• corporate opportunities are seized by Retalix (rather than by individuals for personal gain)
• the confidentiality of information entrusted to our directors, officers and employees
• fair dealing with customers, suppliers, competitors and employees
• protection and proper use of Retalix’s assets
• enforcement and compliance with this Code
• prompt reporting of violations of this Code

This Code of Ethics and Business Conduct applies to all the employees, officers and directors of Retalix Ltd. and its affiliates. In particular, all supervisory and management personnel, including all of our officers and directors, are expected to lead according to the standards in the Code, in both words and action. Retalix employees, directors and officers are encouraged to familiarize themselves with the Code and ensure that they understand and comply with the guidelines and policies set forth in it.

Full version of the Retalix Code of Ethics and Business Conduct