Company: PPLOF
Filing Date: 2025-11-04
Form Type: 6-K
Source: 0001546066-25-000093
Chunk: 2

Company: PEMBINA PIPELINE CORP
Filing Date: 2025-11-04
Form: 6-K
Chunk 2
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 perform Pembina work effectively, or the exercise of sound, ethical business judgment. Conflicts of interest can also arise when Personnel, or a member of their family or close friends or associates receive improper personal benefits as a result of their position at Pembina. No Personnel should improperly benefit, directly or indirectly, from corporate property or information, their status as Personnel of Pembina, or from any decision or action by Pembina where they are in a position to influence. Personnel must not compete with Pembina but strive to further its legitimate business interests with the utmost integrity.

By way of example, a conflict of interest may arise if any Personnel:

• has a material personal interest in a transaction or agreement involving Pembina;

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• has a personal relationship which prejudices their ability to make sound, fair, and appropriate decisions aligned with Pembina's business interests;

• has a personal relationship that impacts their ability to oversee or manage performance, compensation, and hiring;

• accepts a loan, or a guarantee of an obligation, from Pembina;

• accepts a Gift and/or Hospitality, a service, payment, or other benefit (other than as specified in this Policy) from a competitor, supplier, or customer of Pembina, or any person, entity, or organization with which Pembina does business or seeks or expects to do business;

• lends to, borrows from, or has a material interest in a competitor, supplier, or customer of Pembina, or any entity or organization with which Pembina does, seeks to, or expects to do business (other than routine investments in publicly traded companies or borrowing from financial institutions);

• knowingly competes with Pembina or diverts a business opportunity from Pembina;

• serves as an officer, director, employee, consultant, or in any management capacity in an entity or organization with which Pembina competes, or with which Pembina does, seeks to, or expects to do business (other than routine business involving immaterial amounts in which the individual has no decision-making or other role); or

• participates in a venture in which Pembina has expressed an interest.

Personnel are expected to use common sense and good judgment in deciding whether a potential conflict of interest may exist. All Personnel must prioritize their obligations to Pembina, including allocating an appropriate amount of time to Pembina work, protecting Pembina's assets and information, and maintaining confidentiality as described below. When Personnel become aware of a potential conflict of interest, they must