Dear Andrew Employees, Officers and Directors:
Andrew Corporation’s reputation for ethical, moral and legal business conduct is one of its most valuable assets. We have built this reputation by conducting our business with honesty and integrity. To reaffirm this long-standing practice, we have adopted this Code of Conduct, which applies worldwide to our employees, officers and directors.
Every one of us is responsible for adhering to these guidelines in our daily lives as Andrew employees and for making every effort to ensure that our rules of conduct are respected by all. Ultimately, we rely on you to use good judgment and care in the performance of your job responsibilities. In exercising your judgment, you should consider the Code’s guidelines as well as its intent and spirit. It goes without saying that conduct contrary to these rules is punishable by disciplinary action up to and including termination.
If you have questions about the Code or its application to a specific situation, you should contact your supervisor, your Human Resources Representative, the Legal Department, or the Chief Compliance Officer.
Ralph E. Faison
Chief Executive Officer
We Comply with the Law
As employees, officers and directors of a global company, each of us must comply with the letter and spirit of every applicable local, state, federal and foreign law or regulation. Violations of these laws can be extremely costly to Andrew and can subject us to criminal penalties. Each of us is responsible for understanding the laws and regulations that relate to our job. Certain laws demand the attention of all of us. These include the following.
We Avoid Conflicts of Interest
A conflict of interest exists when an individual’s duty of undivided commercial loyalty to Andrew is or is perceived to be prejudiced by actual or potential personal benefit from another source. Conflicts of interest may result directly through our activities or indirectly through the activities of a family member, person sharing our household or person with whom we are associated. You may not solicit or accept salaries, fees, commissions or any other type of compensation from any individual or organization that conducts or seeks to conduct business with Andrew or one of our competitors, and you may not have a financial or other interest in those who deal with Andrew. You may not make a loan or extend credit to or receive a loan or credit from those who deal with Andrew. You must not directly or indirectly attempt to influence any decision of the company in order to derive a personal or financial benefit. In case of doubt, ask.
We Protect Confidential Information
Data, information and documents pertaining to Andrew may be used only in the performance of our duties and may be disclosed or communicated to persons outside of Andrew only to the extent that the information is needed by them in connection with their business relations with Andrew. Each of us is required to keep this information confidential during our employment or other relationship with Andrew and after our employment or other relationship terminates. This information includes our design and manufacturing technology, other intellectual property we use, business and financial information pertaining to sales, earnings, balance sheet items, business forecasts, business plans, acquisition strategies and other information of a confidential nature. Any contact from the media should be referred to Investor Relations or the Corporate Communications Director, and none of us should speak with the media without the prior approval of senior management.
We Use E-mail and the Internet only for Work-Related
Andrew respects the individual privacy of each of us, but these privacy rights do not extend to our work-related conduct or to the use of Andrew equipment and facilities, including the e-mail and Internet systems. Andrew may access and monitor your use of these systems at any time for any business purpose. While Andrew permits the incidental and occasional use of e mail for personal use, those messages are treated like work-related messages, and Andrew may monitor or disclose them, regardless of content. You may not engage in Internet chat rooms or similar Internet communications regarding Andrew, and you may not use the e-mail and Internet systems for any improper or illegal purpose.
We Do Not Make or Accept
Improper Payments or Gifts
Improper payments include anything of more than nominal value given to any person to obtain preferential treatment for either Andrew or an employee. You may not solicit or accept gifts or favors of more than nominal value from persons who deal or seek to deal with Andrew. Likewise, you may not give such gifts or favors to these persons.
We Do Not Use Andrew Assets or Funds for Political
None of us may use funds or assets of Andrew to support a political party, committee or candidate. We will not reimburse you for political contributions, and Andrew does not make political contributions. If you wish to participate in political activities, you must do so during non-work hours and away from Andrew property.
We Respect Andrew and Each Other
Respect for Andrew means not only avoiding misuse of company funds and property, it includes identifying misuse and waste by others, creating and maintaining accurate books and records, safeguarding all types of information about Andrew, complying with our document retention policy, complying with internal controls and procedures and avoiding conduct that interferes with our functioning in our position to the best of our ability. Respect for others means respecting their property, their self-esteem and their contributions to the overall success of Andrew.
We Acknowledge Special Ethical Obligations for Financial
As a public company, it is of critical importance that our filings with the Securities and Exchange Commission be accurate and timely and be prepared in accordance with Generally Accepted Accounting Principles. Depending on their position with Andrew, employees, officers or directors may be called upon to provide information to assure that Andrew’s public reports and other public communications are complete, fair and understandable. Andrew expects all of its personnel to take this responsibility seriously and to provide prompt and accurate answers to inquiries related to its public disclosure requirements. The Chief Executive Officer, Chief Financial Officer and Finance Department personnel have a special role both to adhere to these principles themselves and also to insure that a culture exists throughout Andrew as a whole that insures the fair and timely reporting of our financial results and condition. The Chief Executive Officer, Chief Financial Officer and Finance Department personnel, in addition to adhering to all other provisions of this Code of Conduct, are responsible for promptly bringing to the attention of the Audit Committee any material information of which he or she may become aware that affects the disclosures made by Andrew in its public filings or otherwise assisting the Audit Committee in fulfilling its responsibilities as specified in its Charter.
Adherence to the Code is the obligation of each Andrew employee, officer and director. Any failure to comply with the Code will not be tolerated and will result in disciplinary action, which may include termination of employment.
If you have any questions about the Code or how it applies to a particular situation or transaction, you should contact your supervisor, your Human Resources representative, the Legal Department or the Chief Compliance Officer.
If you learn of a situation that you believe may be in conflict with the Code, you should contact your supervisor, your Human Resources representative, the Legal Department or the Chief Compliance Officer immediately. We will keep the information that you provide during an investigation confidential to the greatest extent possible.
Andrew has contracted with an outside provider, AlertLine™, to provide employees, officers and directors a means to report potential wrongdoing. You may contact AlertLine™ 24 hours a day, seven days a week. Callers to AlertLine have the option of remaining anonymous. Calls in
All allegations will be taken seriously, whether the reporting person is identified or chooses to remain anonymous. Calls to AlertLine™ are forwarded to the Chairman of the Audit Committee of the Board and the Chief Compliance Officer.
We will investigate fully any suspected violation of this Code. However, we must be provided sufficient information to enable us to conduct the investigation. Allegations based upon rumor or incorrect information result in unnecessary administrative time and could adversely affect the reputation of innocent people. All of us are required to cooperate fully with any investigation and to provide truthful, complete and accurate information. We will keep the information that you provide during an investigation confidential to the greatest extent possible.
Any form of retaliation or adverse action against any employee, officer or director for reporting a suspected violation of this Code or for assisting in a complaint investigation will not be tolerated and is prohibited.
Any waiver of this Code for executive officers or directors may be made only by Andrew’s Board of Directors or a Board committee and will be promptly disclosed to stockholders and others, as required by applicable law and NASDAQ Rules. Any waiver for other officers or employees may be made only by the Chief Executive Officer.