NYSE Listed Company ManualMurphy Oil Corporation
Ethical Conduct for Executive
ManagementExecutive Management holds an important and elevated
role in corporate governance and is uniquely capable and empowered to ensure
that stakeholders’ interests are appropriately balanced, protected and
preserved. Accordingly, this section of the Code provides principles to which
members of executive management are expected to adhere and advocate. Members of
executive management shall include the principal executive officer, the
principal financial officer, the principal accounting officer, the controller,
the treasurer and all other officers of the Company.
The following
principles and responsibilities shall govern the professional and ethical
conduct of each member of executive management.
| 1. |
To act with honesty and integrity, avoiding actual or apparent
conflicts of interest between personal and professional
relationships.
|
| 2. |
To comply with all laws, rules and regulations of federal,
state, provincial and local governments, and other appropriate private and
public regulatory agencies.
|
| 3. |
To act in good faith, responsibly, with due care, competence
and diligence, promoting full, fair, timely and understandable disclosure in
reports and documents filed with or submitted to the Securities and Exchange
Commission and otherwise communicated to the public by the
Company.
|
| 4. |
To respect the confidentiality of information acquired in the
course of employment and to protect same from unauthorized use or disclosure.
Confidential information acquired in the course of employment shall not be used
for any personal advantage.
|
| 5. |
To proactively promote ethical behavior by all employees and
to report and disclose promptly any violation or potential violation of law, the
Company’s policies or this Code to the principal executive officer or to the
audit committee or to the board of directors as
appropriate.
|
| 6. |
To achieve responsible use of and control over all of the
Company’s assets and resources.
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