Supervisory Board regulations
The regulations of the Executive Board were adopted on 9 May 2006. In view of the fact that USG People has chosen to extend the Supervisory Board by installing internal committees for consultations looking at issues of remuneration, auditing and the selection and appointment of members of the Supervisory Board and the Executive Board, each aspect of the work is described separately in the regulations of the Supervisory Board.

Download regulations of Supervisory board

Executive Board regulations
The regulations of the Executive Board were adopted on 9 May 2006 and approved by the Supervisory Board on the same day. In view of the fact that USG People attaches great importance to a direct, open and transparent manner of communication with its stakeholders, these regulations are likewise available via the USG People website.

Download Regulations of the Executive Board

Tracking Compliance Program
For some time now USG People N.V. has had regulations in force relating to securities transactions in the company by members of the Supervisory Board, Executive Board and the Executive Committee. This is the so-called “Model Code”. Since 1 January 2005 members of the Supervisory Board, Executive Board and the Executive Committee have also been subject to the Tracking Compliance Program. Up until 1 January 2005 this regulation, briefly put, involved the mandatory reporting of all transactions in companies with registered offices in the Netherlands, whereby the shares and depositary receipts of shares were listed on a government-recognized stock exchange.

At the end of 2005, the Supervisory Board and the Executive Board carried out a joint review of these regulations and it was decided to implement the amended regulations from 1 January 2006 onwards. Instead of mandatory reporting after the event for all Dutch, publicly listed securities, as of 1 January 2006, reporting of all securities in respect of the so-called Peer Group or direct competitors must now take place in advance. This prior mandatory reporting means that trading in stocks of direct competitors is only permitted on the condition that permission is obtained beforehand from the Compliance Officer of USG People N.V. Download Tracking Compliance Program

Whistleblower regulations
For USG People, transparency, clarity and openness in communications are a priority. Indeed, USG People encourages its employees to report all breaches or alleged breaches of the law, the corporate code or other regulations and guidelines applying within USG People, to the confidential counsellor. In case of doubt as to the correctness or completeness of accounting, related internal auditing, or auditing matters, a direct report can be submitted to the chairman of the Supervisory Board. The details of how to contact this person are explained in the ‘Whistleblowers regulations’. Any report or complaint will be dealt with pursuant to the requirements of reasonableness, honesty and integrity. Download Whistleblowers regulations

Code of conduct
The code of conduct deals with the issues of mission, strategy, core values, business principles and ethical rules. The ethical rules comprise guidelines on how employees are deemed to act in the event of e.g. a conflict of interests, confidential information or accepting gifts or favours. Employees of USG People are required to comply with this Code of Conduct. The Code of Conduct also sets out the way in which USG People wishes its employees to act and work with respect to each other. USG People selects management and employees not merely on the basis of performance, but also on their ability to communicate with others. USG People expects employees to show empathy, the ability to relate/interact and to act from a position that is personal, honest, respectful and involved. In practice this behaviour is also reflected in the outside world. USG People's strength lies in the way people work together show mutual respect and mutual inspiration towards innovative and entrepreneurial behaviour. Download code of conduct