Leggett & Platt, Incorporated
Code of Business Conduct and Ethics
The Board of Directors (the "Board") of Leggett & Platt, Incorporated (the "Company") has adopted this Code of Business Conduct and Ethics (the "Code") for you, the employees, officers and directors of the Company and its subsidiaries. The purpose of this Code is to underscore and further strengthen the Company's commitment to a business culture of honesty and accountability and to inform you of the appropriate means to ask questions about, and to report violations of, this Code.
While the Company expects you to act in accordance with this Code, it does not replace thoughtful behavior but serves as a source of guiding principles. This Code also does not replace existing rules, policies, or guidelines of the Company such as the Company's Business Policies Manual.
decisions must be made in the best interests of the Company and not motivated
by personal interest or gain. Accordingly, the Company expects all employees,
officers and directors to promptly disclose potential conflicts of interest
and to avoid conflicts of interest unless expressly approved by the Company.
Although the Company may elect to waive conflicts that have already occurred, the Company encourages you to disclose possible conflicts before putting yourself in a situation that could jeopardize your employment. Questions about possible conflicts should be directed to the Company's General Counsel.
Confidential information is any non-public or trade secret information that might be used by competitors, or harm the Company or its customers or suppliers, if disclosed. You must maintain the confidentiality of information entrusted to you by the Company or its customers or suppliers, except when disclosure of the confidential information is authorized or required by law.
The Company's good reputation is one of its most important assets. Always endeavor to deal fairly and honestly with the Company's customers, suppliers, competitors and employees. Do not act in a manner that adversely affects the Company‚Äôs reputation. For example, do not take unfair advantage of anyone through abuse of privileged information, misrepresentation of material facts or any other unfair dealing practice.
You should protect the Company's assets. Be mindful that theft, carelessness and waste have a direct impact on the Company's profitability. Company assets should be used for legitimate business purposes, although limited personal use may be permitted with supervisor approval when reasonable and appropriate.
The Company strives to be a good corporate citizen and comply with all applicable laws, rules, regulations and ordinances. You must also comply with all laws, rules, and regulations affecting the Company, including insider trading laws. Insider trading can subject you and the Company to fines and imprisonment.
you become aware of a possible violation of this Code, call or write the
Company's General Counsel. If you wish to make an anonymous report, you may
call the Company's confidential hotline at 800-888-HALT. If your report isn't
anonymous, your identity will be treated confidentially.
waiver of this Code for executive officers or directors of the Company may be
made only by the Company's Board of Directors or a committee. Any such waiver
will be promptly made available to the Company's shareholders on the
Company's website (www.leggett.com) or by such other means as required by
All directors and executive officers of the Company must sign an acknowledgement confirming receipt and compliance with this Code.
Page revised on: 1/14/2015