CODE OF ETHICS AND BUSINESS CONDUCT

CODE OF ETHICS

TABLE OF CONTENTS

The Oracle Code of Ethics and Business Conduct . . . .1

Understanding this Code . . . .1

Applicability of This Code . . . .2

Employees . . . .2

OracleSeniorOfficersandNon­EmployeeMembers oftheOracleCorporationBoardofDirectors............2

A Summary of Oracle Values . . . .2

COMPLIANCE Compliance with Laws, Regulations, and Oracle Policies . . . .3

Where to Go for Help . . . .4

TheOracleComplianceandEthicsProgram ........4

Reporting Code Violations . . . .4

TheOracleComplianceandEthicsHelpline and Incident Reporting Web site . . . .5

Business Practices . . . .6

Antitrust and Competition Laws . . . .6

No Improper Payments . . . .7

NoEconomicBoycotts . . . .7

Export Laws . . . .8

Immigration Laws . . . 9

Securities and Insider Trading . . . 9

General Contracting Issues . . . .10

Dealing with Government. . . 12

GovernmentContracting . . . 12

Procurement Integrity . . . .13

OrganizationalConflictofInterest(OCI)...........13

Post­GovernmentEmploymentRestrictions ......13

Anti­Corruption . . . .14

Gifts,Meals,andEntertainment.................14

Lobbying of Government Officials . . . .15

Political Contributions . . . .15

Personal Political Activity . . . .16

Influencing Others . . . .16

Public Service . . . .17

Intellectual Property . . . .17

BUSINESS CONDUCT Financial Integrity . . . .18

Financial and Other Records. . . .18

Records Retention . . . .19

Public Disclosures . . . .20

Business Courtesies You May Extend . . . .21

Business Courtesies You May Receive . . . .21

Gifts . . . .21

Entertainment . . . .23

Conflicts of Interest . . . .23

Charitable Donations . . . .26

Protecting Confidential Information . . . .26

Social Media . . . .28

Gathering Information About Our Competitors or Other Third Parties . . . .28

Use of Oracle Resources . . . .29

ORACLE'S RELATIONSHIPS Oracle and Its Employees . . . .30

Diversity . . . .30

Harassment. . . .30

Health and Safety. . . .31

Taxation. . . .31

Oracle and Its Customers . . . .31

Oracle and Its Partners . . . .31

Oracle and Its Suppliers . . . .32

Oracle and Its Host Communities . . . .32

ENFORCEMENT The Investigation Process . . . .33

DearOracleEmployee:

AsanOracleemployee,youareaninfluentialpartofaglobalorganizationwitha

worldwidepresence.Weareleadersofourindustrybecausewequicklyadaptto

changesinacompetitive,dynamicenvironmentwhileadheringtobusinessvalues

thatgowellbeyondminimallegalrequirements.Assuch,everyemployeeglobally

isexpectedtoreviewandcomplywithTheOracleCodeofEthicsandBusiness

Conduct.

TheOracleCodeofEthicsandBusinessConductisoneofOracle‘smostimportant

documents.TheCodedefinesstandardsandreferencespoliciesandresources

throughouttohelpyouunderstandOracle‘sbusinessvaluesandyourresponsibilities.

Readitcarefullyandinitsentirety.Keepitwithyouandreferenceitfrequentlyas

aguidetohelpyoumaketherightdecisionsandlocateimportantsourcesof

information.AlthoughtheCodemakesiteasyforyoutounderstandyourobligations,

itcannotanticipateeveryethicaldilemmayoumayface.Ultimately,weareeach

individuallyresponsibleforaskingquestionsifwedonotunderstandhowtohandlea

particularsituation.Rememberingthatwearepersonallyaccountableforouractions,

allOracleemployeesareexpectedtoadheretothestandardsdescribedinthisCode.

Oraclewillnottolerateretaliationagainstanyemployeewhoingoodfaithreports

misconductorcooperateswithacomplianceinvestigation.

Ourreputationandoursuccessdependsuponthepersonalcommitmentthateach

ofusmakestoupholdOracle’svaluesandpracticeethicalbehaviorinallofour

businessdealings.Allofus,regardlessofemploymentlevel,position,orgeographic

location,areexpectedtomakethiscommitmentdaily,bothindividuallyand

collectively,toupholdthestandardsofbusinessconductoutlinedinthisCode.

LawrenceJ.Ellison

ChiefExecutiveOfficer

The

Oracle

Code

of

Ethics

and

Business

Conduct

OracleprovidesyouwithTheOracle

CodeofEthicsandBusinessConduct

(the“OracleCode”orthe“Code”)for

guidanceinaddressingthelegalandeth­

icalissuesencounteredwhile

conductingOraclebusiness.Weuse“Or­

acle”throughouttorefertoOracleCor­

porationandeachofitssubsidiaries.

EmploymentbyOracleissubjecttothe

termsandconditionsestablishedbyyour

localorganization.Aspartofthoseterms

andconditions,youarealsorequiredto

abidebytheorganization­widestandards

setforthinthisCode.ThisCodeisnota

contract,andnocontractisimplied.Ifany

partofthisCodeconflictswithapplicable

law,thelawwillprevail.Ifanypartofthis

Codeisdeemedinvalid,thevalidityand

enforceabilityofitsotherprovisionsshall

notbeaffected.Oraclemayinterpretthe

Codeatitssolediscretion.

Oraclerecognizesandrespectsregional

andlocallegaldifferencesinemployment,

privacy,andotherapplicablelaws.Wewill

complywithregionalandlocal

requirementsconcerningthematters

discussedinthisCode,asappropriate,

includingthoseconcerninguseofthe

ComplianceandEthicsHelpline/reporting

ofmisconduct,employeemonitoring,

applicationofcertainrulestotemporary

employees,andapplicationofcertain

penalties.

UnderstandingthisCode

TheOracleCodesetsforthOracle‘s

standardsofethicsandbusiness

conduct.Ithasbeenpreparedtoaid

youasyougoaboutyourdailywork.

Thesestandardssupplementandmay

gowellbeyondcompliancewithlaws

andregulations.

Althoughweoperateinmanycountries

andaresubjecttomanydifferentrules,

regulations,customs,andpractices,

wecanonlysucceedifweadheretoa

commonsetofvaluesandstandards.

Itisessentialthatweeachmakea

personalcommitmentandrecognizethat

weareresponsibleandaccountablefor

understandingandmeetingthestan­

dardsdescribedinthisCodebecause

Oracle‘ssuccessandreputationdepend

upontheperformanceofeachofus.

TheOracleCodestartswithasummary

ofthecorebusinessvaluesthatare

essentialtoOracle‘ssuccess.Theyare

thefoundationofallthatwedo,andwe

eachareexpectedtoadoptthesevalues

inourday­to­daybusinessactivities.

Widespreadadherencetothesevalues

willenhanceourlong­termsuccess

byimprovingourabilitytoserve

customers,increasingourcompetitive­

ness,andpromotingourprideinbeing

partoftheOracleteam.

TheOracleCodethendescribeshowwe

shouldinteractwitheachother,with

othercompaniesandindividuals,and

withthecountries,cultures,andgovern­

mentsthatmakeuptheworldinwhich

weoperate.Specifically,itaddressesfour

areas:

• Compliance:

Ourresponsibilitytoabidebythe

laws,regulations,andOraclepolicies

thatapplytoourbusinesswherever

weoperate.

• BusinessConduct:

Ourobligationtoconductinternaland

externalbusinessfairlyandethically.

• Oracle’sRelationships:

Ourresponsibilitytointeractfairly

andrespectfullywitheachother,our

customers,ourpartners,our

suppliers,andourhostcommunities.

• Enforcement:

Ourcommitmenttoconduct

investigationsinanethicalandlegal

manner,andtopromoteconsistent

disciplinaryactionforviolationsof

ourpoliciesorbusinessconduct

standards.

Applicability

of

This

Code

Employees

TheOracleCodeappliestoallpersonnel

employedbyorengagedtoprovide

servicestoOracle,including,butnot

limitedto,Oracle’semployees,officers,

temporaryemployees,workers

(includingagencyworkers),casualstaff,

andindependentcontractors(forease

ofreferencethroughoutthisCode,

“employees”).

OracleSeniorOfficersand

Non­EmployeeMembersoftheOracle CorporationBoardofDirectors

Oracle’sseniorofficers(ChiefExecutive

Officer,President(s),ChiefOperating

Officer,ChiefFinancialOfficer,Chief

AccountingOfficer,GeneralCounsel,

eachExecutiveVicePresident,andeach

SeniorVicePresident)aresubjecttoboth

thisCodeandOracle’sSupplemental

ConflictofInterestPolicyforSenior

Officers,whichamongotherthings

containscertainsupplementalprocedural

measuresdesignedtoidentifyand

addresspotentialconflictsofinterest

involvingseniorofficers.Non­employee

directorsarealsosubjecttothisCodein

theircapacityasmembersoftheOracle

CorporationBoardofDirectors(the

“OracleBoard”),exceptthattheyare

subjecttotheconflictofinterestprovi­

sionsofOracle’sCorporateGovernance

Guidelinesinlieuoftheconflictof

interestprovisionscontainedinthis

Code.TheSupplementalConflictof

InterestPolicyforSeniorOfficersandthe

CorporateGovernanceGuidelinesare

postedontheCorporateGovernance

sectionofOracle’sInvestorRelations

Website.Seniorofficersandmembers

oftheOracleBoardwhohavequestions

regardingthisCodeorotherrelevant

policiesshouldcontactOracle’sGeneral

Counsel.

AnywaiverofthisCodeforanyexecu­

tiveofficerofOracleCorporationor

memberoftheOracleBoardmustbe

approvedbytheOracleBoard.Such

waivers,andthereasonsforsuch

waivers,shallbepromptlydisclosed

toOracle’sstockholders.

A

Summary

of

Oracle

Values

Certaincorevaluescomprisethefoun­

dationofourcompany.Thefollowing

areessentialtoOracle‘sbusiness:

Integrity

Oracleemployeesdemonstratehonesty

andsoundethicalbehaviorinallbusi­

nesstransactionsandpersonalintegrity

inalldealingswithothers.

MutualRespect

Oracleemployeesconsistentlytreat

individualswithrespectanddignity.

Teamwork

Oracleemployeesworktogetherasa

teamforthecollectiveinterestsof

Oracle.

Communication

Oracleemployeesshareinformation

effectivelywitheachother.Webalance

theneedtoshareinformationalongside

theneedforconfidentialityregarding

certaininformation.

Innovation

Oracleemployeesseekinnovativeand

creativeapproachestoproblemsolving.

CustomerSatisfaction

Oracleemployeesconsistentlytreat

customersatisfactionasatoppriority.

Quality

Oracleemployeesmakeexcellence

andqualityapartofday­to­daywork

processesandseekcontinuous

improvementinallthattheydo.

Fairness

Oracleemployeescommittodealing

fairlywithcustomers,suppliers,part­

ners,andoneanother.

Compliance

Oracleemployeescomplywithalllaws,

regulations,andOraclepoliciesthat

governOracle‘sbusinessandemployees‘

actionsonbehalfofthecompany.

Ethics

Oracleemployeesobservethestandards

thathavebeenestablishedbyOracleand

actethicallyintheirapproachtobusiness

decisions.

COMPLIANCE

Compliance

with

Laws,

Regulations,

and

Oracle

Policies

Wemusteachoperatewithinthebounds

ofalllaws,regulations,andinternal

policiesapplicabletoOracle‘sbusiness,

whereverweconductit.Wherelocal

lawsarelessrestrictivethanthisCode,

youmustcomplywiththeCode,evenif

yourconductwouldotherwisebelegal.

Ontheotherhand,iflocallawsare

morerestrictivethantheCode,youmust

always,ataminimum,complywith

thoselaws.

Oracleexpectsitsemployeesto:

• Actethicallyandwithintegrityinall

businessdealings;

• Complywiththelaw,thisCode,Oracle

policies,andOraclebusinesspractices;

• Reportknownorpotentialviolations

usingavailablereportingchannels;

• Cooperatewithcompliance

investigations;and

• Completeallmandatorycompliance

educationcoursesandother

ComplianceandEthicsProgram

requirementsinatimelymanner.

Further,Oracleexpectsitsmanagersto:

• Promoteandsupportethicalbehavior

andbusinesspracticesthatcomply

withthisCode;

• Actasaleadershipmodelforthis

Code;

• Ensurethatemployeeswhoreportto

themdirectlyorindirectlyunderstand

whereandhowtoreportviolationsof

thisCode;

• Ensurethatemployeeswhoreportto

themdirectlyorindirectlycompleteall

mandatorycomplianceeducation

coursesandotherComplianceand

EthicsProgramrequirementsina

timelymanner;

• Maintainan“opendoor”policywith

regardtoemployeequestions,

includingthoseofbusinessconduct

andethics,andensureavailabilityof

complianceandethicsresourcesand

support,suchasprintedmaterials

andrelevantcontactinformation;

• Encourageemployeestochallenge

andreportquestionableconduct;and

• Encourageopen,honest,and

confidentialdialoguewithout

retaliation.

Fromtimetotime,wemayrevisethis

Code.Ifandwhenthishappens,Oracle

willnotifyyou.Youwillthenberesponsi­

bleforbecomingfamiliarwithsuch

revisions.Forthemostcurrentversion,

alwaysrefertotheonlineCode,located

ontheComplianceandEthicsProgram

Website.Ifyouhavequestionsonhow

tointerpretorcomplywiththisCode,

Oraclepolicies,orapplicablelaw,

contacttheOracleComplianceand

EthicsProgramorOracleLegal

Department.

3 2

Where

to

Go

for

Help

TheOracleCompliance andEthicsProgram

TheOracleComplianceandEthics

Program,withthesupportofOracle’s

ExecutiveManagementandBoardof

Directors,aimstoensurethatallOracle

employees,businesspartners,and

suppliersadheretohighethical

businessstandards.

WithgeneraloversightfromtheGeneral

Counsel,theComplianceandEthics

ProgramisledgloballybytheChief

Compliance&EthicsOfficer.Regional

Compliance&EthicsOfficersmanage

day­to­dayoperationsoftheCompliance

andEthicsProgram,includingCodeof

Conductinvestigations,andapplythe

ComplianceandEthicsProgram’s

initiativesattheregionallevel.

AmajorobjectiveoftheCompliance

andEthicsProgramistheenforcement

oftheOracleCodeofEthicsand

BusinessConductandrelatedpolicies.

Weworkcloselywithotherlinesof

businessandoutsideadvisors,as

appropriate.

TheOracleComplianceandEthics

Program:

• Providessupporttohelpemployees

complywiththeOracleCodeofEthics

andBusinessConduct;

• Seekstopreventanddetectunlawful

orunethicalbusinessconduct;

• Managestheadministrationof

mandatorycomplianceeducation

trainingcourses;

• Overseesinternalcompliance

investigations;

• Promotesconsistencyinthe

applicationofdisciplinaryaction;

• Providesquarterlyupdatestothe

FinanceandAuditCommitteeof

Oracle‘sBoardofDirectorsregarding

investigationsanddisciplinaryaction

taken;and

• ProvidestheentireBoardofDirectors

withafullbriefingontheCompliance

andEthicsProgramataminimum

annually.

PleasevisittheOracleComplianceand

EthicsProgramWebsite,whichcan

befoundthroughtheOracleLegal

DepartmentWebsite,tobecome

familiarwithourpolicies,training

requirements,andperiodicupdates.

Wecountoneachofyoutosettheright

toneandleadbyexample.

ReportingCodeViolations

Oraclefullycommitstomaintaininghigh

standardsofethicalandprofessional

conductforthecompanyandits

employees.Todoso,weprovide

multipleresourcesforreporting,

investigating,andresolvingallegations

ofemployeemisconductaswellas

fordeterminingandenforcingrelated

disciplinaryaction.Reportanyconduct

thatyoureasonablybelievemaybea

violationofthisCodeandotheractivities

thatcouldaffectOracle’soritsemploy­

ees’compliancewithlegalandethical

obligations.Ifatanytimeyouhaveeven

asuspicionthatOracle’sobligations

relatingtofinancialintegrity,auditing

andaccounting,insidertrading,

anti­corruptionpolicies,orpolitical

contributionshavebeencompromised,

youareexpectedtoimmediately

reportit.

Oraclewillnottolerateretaliationagainst

anyemployeewhoreportsaconcern

ingoodfaithorcooperateswitha

complianceinvestigationevenwhen

allegationsarefoundtobe

unsubstantiated.

Youhavemultipleoptionsforreporting

allegationsofmisconduct.Dependingon

thecircumstances,theseinclude:

• Yourmanager;

• HumanResources;

• YourRegionalCompliance&Ethics

Officer;

• TheChiefCompliance&EthicsOfficer;

• Youremployeerepresentative(where

applicable);

• TheOracleComplianceandEthics

Helpline:and

• TheOracleComplianceandEthics

IncidentReportingWebsite.

RegionalCompliance&EthicsOfficers

andotherComplianceandEthics

Programcontactsarelistedonthe

OracleComplianceandEthicsProgram

Website.

Q:Mymanageraskedmetodo

somethingthatIthinkviolatesthisCode. ShouldIdoitanyway?

A:No.First,makesurethatyour

managerknowsyouareconcernedand

thatthereisnotamisunderstanding.

Ifthatdoesn‘tresolvetheproblem,you

shouldseekadvicefromyournext­level

manageroryourRegionalCompliance

&EthicsOfficer.Thewrongansweris

todonothingortosimplyfollowyour

manager‘srequest.Disciplinaryaction

willbetakenagainstanyemployee

whoisfoundtohaveparticipatedin,

condoned,orconcealedanactualor

potentialviolationoftheCode,evenif

heorshedidnotdirectlyinitiateit.

TheOracleComplianceandEthics HelplineandIncidentReporting Website

Ifyoufeeluncomfortablereportingacon­

cerntoyourmanager,HumanResources,

oramemberoftheComplianceand

EthicsProgram,orifyoufeelthatyour

concernhasnotbeenaddressedprop­

erly,youalsomayreportallegations

anytimeviatelephone,usingtheOracle

ComplianceandEthicsHelpline,or

online,throughtheOracleCompliance

andEthicsIncidentReportingWebsite.

BoththeHelplineandtheIncident

ReportingWebsiteareconfidential

resourcesavailabletoallOracleemploy­

eesworldwidetoraiseconcernsorseek

guidanceregardingissuesofethicsand

businessconductandviolationsofour

Code.TheOracleComplianceandEthics

IncidentReportingWebsiteisaccessible

throughtheComplianceandEthics

ProgramWebsite.

Tosubmitatelephonereport,dialthe

Helplineat800­679­7417.Tosubmita

reportregardingafacilityoremployee

basedintheEuropeanUnion,dialtheEU

Helplineat866­455­1215.Whencalling

eithernumber,callersfromoutside

theUnitedStatesshouldfirstdialtheir

country’saccessnumberand,when

prompted,entertheappropriateHelpline

telephonenumber.Youmayfindyour

country‘saccesscodeat

http://www.usa.att.com/traveler/index.jsp.

TheHelplineistoll­freeforallemployees

andisavailable24­hoursaday,seven

daysaweek.TheHelplineprovides

interpretersforcallerswhowantto

communicateinlanguagesotherthan

English,andtheIncidentReportingWeb

siteisavailableinmultiplelanguages.

TheHelplinedoesnotrecordortrace

calls,andtheIncidentReportingWeb

sitedoesnotuseanyidentitytracking

technology.

Youmayremainanonymouswhere

permittedbylocallaw,whetheryoucall

theHelplineorusetheIncidentReporting

Website.Certainjurisdictionslimittopics

thatmaybereportedanonymously

throughtheHelplineorIncident

ReportingWebsite.Oracle’sprocesses

incorporateanylocallimitations,andthe

HelplineandIncidentReportingWebsite

alertemployeesfromaffectedcountries

ifspecialreportingrulesapplytothem.

Whenyoureportincidentsthroughthe

Helpline,anoperatorwillaskquestions

tobetterdetailyourconcernsandthen

willdocumentthecall.Websitereports

areforwardeddirectlytoOraclewithout

reviewormodification.Ineithercase,

youwillreceiveareportnumber,which

youcanuselatertoadddetailsorto

checkthestatusofyourreport. ₅

TheHelplineisoperatedbyathird­party

serviceproviderintheUnitedStates,

andreportstotheHelplineandIncident

ReportingWebsiteareprovidedtothe

OracleComplianceandEthicsProgram

forinvestigationandprocessing. All

reportsarehandledinaccordancewith

Oracle’sInternalPrivacyPolicy,whichis

availableontheOracleLegalDepartment

Website.

Business

Practices

AntitrustandCompetitionLaws

Typically,thecountriesinwhichOracle

operateshavelawsandregulations

thatprohibitunlawfulrestraintoftrade,

usuallyreferredtoasantitrustor

competitionlaws.Theselawsare

designedtoprotectconsumersand

competitorsagainstunfairbusiness

practicesandtopromoteandprotect

healthycompetition.Oraclecommits

rigorouslytoobservingapplicable

antitrustorcompetitionlawsofall

countriesororganizations.

Q:Atatradeassociationmeeting,you overhearaninformalgroupofOracle competitorsdiscussingfutureproduct pricing.Mayyoujointheconversation togainsomeexcellentcompetitive intelligence?

A:No.Oracleisonlyinterestedin

competinghonestlyandfairly.

Youmustavoidalldiscussionsandthe

exchangeofinformationwithcompeti­

torsinvolvingtopicssuchaspricing,

supplierorcustomerrelationships,or

marketallocation,becausetheyare,in

fact,illegal.Disassociateyourselffrom

anysuchdiscussionsimmediatelyand

reporttheincidenttotheOracleLegal

Department.

Antitrustorcompetitionlawsvaryfrom

countrytocountrybut,generally,such

lawsprohibitagreementsoractionsthat

reducecompetitionwithoutbenefiting

consumers.Amongthoseactivities

generallyfoundtoviolateantitrustor

competitionlawsareagreementsand

understandingsamongcompetitorsto:

• Fixorcontrolprices;

• Structureororchestratebidsto

directacontracttoacertain

competitororreseller(bidrigging);

• Boycottspecifiedsuppliersor

customers;

• Divideorallocatemarketsor

customers;or

• Limittheproductionorsale

ofproductsorproductlinesfor

anti­competitivepurposes.

Agreementsofthetypelistedaboveare

againstpublicpolicyandareagainst

Oraclepolicy.Employeesmustnever

engageindiscussionsofsuchmatters

withrepresentativesofothercompanies.

YoushouldreporttotheOracleLegal

Departmentanyinstanceinwhichother

companiesinitiatesuchdiscussions.

Contractsorotherarrangementsthat

involveexclusivedealing,tie­insales,

pricediscrimination,andothertermsof

salemaybeunlawfulunderapplicable

antitrustorcompetitionlaws.Youshould

notenterintosucharrangements

withouttheapprovaloftheOracleLegal

Department.

Oraclestrivestoensurethatitsglobal

practicescomplywithUnitedStates

antitrustlaws.Inadditiontolocallaws,

antitrustlawsoftheUnitedStatesmay

applytoourinternationalbusiness

operationsandtransactions.This

includesimportstoandexportsfrom

theUnitedStates.

Unfairmethodsofcompetitionand

deceptivepracticesarealsoprohibited.

Examplesoftheseinclude:

• Makingfalseormisleading

representationsaboutOracle‘s

products;

• Falselydisparagingacompetitoror

itsproducts;

• Makingproductclaimswithoutfactsto

substantiatethem;and

• Usinganothercompany‘strademarks

inawaythatconfusesthecustomeras

tothesourceofaproduct.

Becauseofthecomplexityofantitrust

andcompetitionlaws,seekadvicefrom

theOracleLegalDepartmentonany

relatedquestion.

NoImproperPayments

Youareprohibitedfromreceiving,

offering,promising,authorizing,direct­

ing,ormakinganybribes,kickbacks,or

paymentsofmoneyoranythingofvalue

toimproperlyobtainbusinessorany

otheradvantageforOracleoryourself.

Theaboveprohibitionapplieswhether

suchpaymentsgoto:

• Governmentorpublicinternational

organizationemployeesorofficials;

• Politicalpartiesorcandidatesfor

politicaloffice;

• Businessentitiespartiallyorwholly

ownedbygovernmentinterests;

• Privately­heldcommercialcompanies;

• Oracleemployees;or

• Anyotherthirdparty.

Oraclestrictlyprohibitsgivingmoneyor

anythingofvaluedirectlyorindirectly

toagovernmentofficialforthepurpose

ofcorruptlyinfluencingaforeigngovern­

ment.Thisprohibitionincludescorruptly

givingmoneyoranythingofvalueto

anythirdpartywherethereisreasonto

believethatitwillbepassedontoa

governmentemployeeorofficial.Refer

tothe“DealingwithGovernment”

sectionformoreinformationregarding

governmententities.

Formoreinformation,refertoOracle’s

Anti­CorruptionPolicy,locatedonthe

ComplianceandEthicsProgramWeb

site.

Q:AnOraclepartneroffersmea percentageofthepartner’smarginin exchangeforencouragingamajor customertopurchasethepartner’s servicesandproducts.CanIaccept suchapayment?

A:No.Thisisakickback,whichis

prohibitedbyOracle’sCodeofConduct

andAnti­CorruptionPolicy.Both

theCodeofConductandOracle’s

Anti­CorruptionPolicyapplytodealings

withbothpublicandprivateentities.

NoEconomicBoycotts

Oracledoesnotparticipateinany

economicboycottnotsanctionedbythe

UnitedStatesgovernment.Oracleand

itsemployeesareprohibitedfrom

discriminatingagainstorrefusingtodo

businesswithacountrythatistheobject

ofanunsanctionedboycott,nationalsof

theboycottedcountry,or“blacklisted”

companies.

Additionally,Oracleanditsemployees

maynotfurnishinformationconcerning

Oracle’s,oranyotherperson’s,business

relationshipswithaboycottedcountry

orblacklistedcompany.Ifrequestedto

supplyanyinformation,takeanyaction,

orrefrainfromtakinganyactionto

furtherorsupportaboycottofacountry,

immediatelycontacttheOracleLegal

Department.Forfurtherinformationon

identifyingandhandlingboycott

requests,pleaserefertoOracle’sForeign

EconomicBoycottPolicy,whichis

7 6

availableontheOracleComplianceand

EthicsProgramWebsite.Thispolicyis

intendedtoensurethatwecomplywith

foreigneconomicboycottlawsofthe

UnitedStates.Addressquestionsor

requestsforinformationregardingthe

ForeignEconomicBoycottPolicyor

antiboycottlawstotheOracleLegal

Department.

Q:Oraclereceivedanorderfroma companyinacountrythathasimposed agovernmentsponsoredeconomic boycottnotsanctionedbytheU.S. government.Thecustomer'spurchase orderstatesthatthesupplier(inthis caseOracle)agreesnottoconduct businesswithablacklistedcompanyor country.Maytheorderbeaccepted?

A:No.Acceptingthisordermaysubject

Oracletocriminalandtaxsanctions.

ItisOracle‘spolicytocomplywith

antiboycottprovisionsofU.S.law.

Thedivisionreceivingthisrequest

shouldimmediatelyseekOracleLegal

DepartmentandOracleCorporateTax

Departmentadviceonhowtoproceed.

ExportLaws

UnitedStatesExportControlLaws

governallexportsofcommoditiesand

technicaldatafromtheUnitedStates,

including:

• Physicalitems;

• Itemsthatarehand­carriedassamples

ordemonstrationunitsinluggage;

• Electronicorphysicaldistributionof

softwareandsourcecode;and

• Written,electronic,ororaldisclosure

oftechnicaldatatoaforeignvisitoror

H1­BVisaworker.

FailuretocomplywithU.S.export

controllawscouldresultinthelossor

restrictionofOracle‘sexportprivileges,

which,inturn,coulddamageoreven

destroyasignificantportionofour

business.Violationoftheselawsmay

alsoresultinfinesandimprisonmentfor

individualemployeesandtheirmanage­

mentchain.Youareresponsiblefor

understandinghowtheexportcontrol

lawsapplytoyourjobandforconform­

ingtotheselaws.

Q:Iunderstandthatthereare restrictionsontheexportofcertain strategicgoodsandtechnicaldata unlessanappropriateexportlicenseis obtained.Arethereanysuchrestrictions ondisclosingtechnicalinformationto foreignnationalsvisitingOracleinthe U.S.?Afterall,theinformationisn’t reallycrossinganyborder.

A:Yes.Anyoralorwrittendisclosureof

technicaldatatoaforeignvisitormust

complywiththesameexportcontrol

restrictionsthatapplytothephysical

exportofsuchdata.

YoumaynotshipOraclesoftware,

documentation,sourcecode,technical

data,nortechnologywithoutprocessing

theorderandshipmentthrough

authorizedOracleorderentry,

distribution,andsupportprocesses

and/orthroughauthorizedOracle

subsidiarychannels.

Compliancewithexportcontrollawsis

essentialtoourcontinuedabilitytodo

businessintheinternationalmarketplace.

UnitedStatesandforeigngovernments

maintainstrictrulesregardingthe

methodologyforgoodsexchanged

acrosstheirborders.Localexportlaws

mayalsoapplytoshipmentstoorfrom

thecountryinwhichyouoperate.False

ormisleadingstatementsmadeon

exportdocumentationcouldjeopardize

Oracle‘sglobaloperationsandleadto

auditsandfines,whichwoulddamage

ourabilitytoconductbusiness.All

managersandemployeesmustintegrate

exportcontrolproceduresintotheir

regularbusinessprocessesforOracle

tohavecontinuedsuccessinthe

internationalmarketplace.

Questionsconcerningexportcompliance

mattersoranyviolationoftheselaws

orregulationsshouldbedirectedtothe

OracleLegalDepartment.

Q:Isittruethatsoftwaremustphysically leaveacountry‘sborderforanexportto havetakenplace?

A:No.Anexportcantakeplaceatany

locationwhentechnicaldataorsoftware

ismadeavailabletoanyonewhoisa

foreignnational.Youmustobtainproper

exportauthorizationbeforesharing

technicaldataorsoftwareinanymanner

withaforeignnational.

ImmigrationLaws

Youmustensurethatyou,andany

employeeswhoworkforyou,comply

withallapplicableimmigrationlaws

and/ortheadviceofOracle’sdesignated

immigrationserviceproviders.Oracle

employeeswhotravelinternationallyon

businessareresponsibleforobtaining

appropriateworkauthorizationsbefore

attemptingtoenterahostcountry.Visa

andworkpermitrequirementsapplyto

allOracleemployeeswhotraveloutside

oftheirhomecountriesforbusiness

purposesorwhoworkonprojectsor

internationalassignmentsoutsideof

theirhomecountryforanyduration.

Moreover,Oracleprohibitsitsemployees

fromknowinglyallowingcontractorsor

otheremployeestoworkonaproject

withouttheproperauthorizationor

documentation.

Ifyouneedadviceonimmigrationissues,

contacttheMobilityGroupthroughthe

GlobalHumanResourcesWebsite.

Q:Duringatourofacustomer’sfacility, Ibecameawareofthepossibilitythat someofthecompany’semployees mightbeinthecountryillegally.Idon’t knowthisforsure,however.ShouldI speakup?

A:Yes.Youshouldspeakupinanysitua­

tioninwhichthepotentialforaviolation

ofourpoliciesexists.If,infact,the

customerisusingillegalworkers,then

wewouldcertainlybeinviolationof

ourownpolicies–andpossiblythe

hostcountry’simmigrationlaws–by

allowingthesituationtocontinue.

SecuritiesandInsiderTrading

Oracleexpectsallitsemployeesto

complyfullywithapplicableinsider

tradingandsecuritieslaws.Oraclehas

issuedanInsiderTradingPolicy,whichis

applicabletoallemployeesworldwide,

andwhichmorefullysetsforthyour

obligationsregardingtradinginthe

securitiesofOracleandothercompanies.

TheInsiderTradingPolicyisavailableon

theOracleLegalDepartmentWebsite.

Youareexpectedtobecomefamiliar

withthepolicyandcomplywithit.

Insidertradingandsecuritieslaws

providesubstantialcivilandcriminal

penaltiesforindividualswhofailto

comply.IfyoutradeinOraclesecurities

orthesecuritiesofanyothercompany

tradingonaUnitedStatesstock

exchange,youaresubjecttoUnited

Statessecuritieslaws,anyother

securitiesorinsidertradinglawsthat

mayapplytoyoulocally,andOracle’s

InsiderTradingPolicy.

Securitiesinclude:

• Commonstocks;

• Bonds;

• Employeestockoptions;

• Futures;

• Derivatives;and

• Otherfinancialinstruments.

Oracleemployeeswhopossessmaterial,

nonpublicinformationgainedthrough

theirworkatOraclemaynottrade

inOraclesecuritiesorthesecurities

ofanothercompanytowhichthe

informationpertains.Employeesmay

notengageinanyotheractionto

takeadvantageoforpassontoothers

(i.e.,“tip”)materialinformationbefore

itsreleasetothepublicatlargeand

foraperiodoftimeafteritispublicly

disclosed.Theserestrictionsalsoapply

tospousesandfamilymembers.

Materialinformationisanyinformation

thatareasonableinvestorwouldcon­

siderimportantinadecisiontobuy,

hold,orsellsecurities.Itincludes

anyinformationthatcouldreasonably

beexpectedtocauseachangeinthe

priceofsecuritiesofOracleorthe

securitiesofanothercompanytowhich

theinformationrelates.

Suchinformationmayincludefinancial

performanceorsignificantchangesin

financialperformanceorliquidity(includ­

ingforecasts);potentialorongoingmajor

mergers,acquisitions,jointventures,or

divestitures;awardorcancellationofa

majorcontract;changesinkeymanage­

ment;changesinauditors,knowledgeof

aqualificationinanauditor’sopinionor

reportoranychangeintheabilityto

relyonpriorauditorreports;actualor

threatenedsignificantlitigationor

investigations;andgainorlossofa

substantialcustomerorsupplier.

Oracleprohibitsemployeeswhohave

accesstoearningsandrevenue

informationfromdirectlyorindirectly

tradinginOraclesecuritiesduring

certainperiods.Directors,Section16

Officers(asmallgroupofOracle’smost

seniorexecutives),andcertaingroups

andindividualsarealsoprohibited

9 8

fromdirectlyorindirectlytradingin

Oraclesecuritiesduringcertainperiods.

Additionalrestrictionsonspeculative

transactionsinOraclestockapplyto

SeniorVicePresidents,andSection16

Officersareentirelyprohibitedfrom

engaginginspeculativetransactions.

PleaserefertotheInsiderTradingPolicy

forfurtherinformation.Ifyouhaveany

questionsaboutcompliancewithinsider

tradinglawsorOracle‘sInsiderTrading

Policy,youshouldconsultwiththe

OracleLegalDepartmentandyour

personallegaladvisor.

Q:Ihavebecomeawarethatwewill likelyexceedourquarterlyrevenue guidanceestimates,butwehavenotyet madeapublicannouncement.Istandto makealotofmoneyoncethisgetsout. MayIbuymoresharesofOraclestock?

A:No.Whatyouareconsideringis

insidertrading.Thisisaviolationof

Oraclepolicyandaviolationofapplica­

bleinsidertradingandsecuritieslaws.

YoumaybuyorsellOraclestockonly

aftersuchanannouncementismade

publicandafteraperiodoftimehas

elapsedtoallowthefinancialmarkets

toabsorbthisinformation.Consult

Oracle’sInsiderTradingPolicyfor

moredetailedguidelines.

Q:ThroughmyjobatOracle,Ihave becomeawareofnonpublicfinancial informationreceivedfromoneof Oracle‘scustomersthatindicatesthe customerisinbetterfinancialcondition thanmostpeoplerealize.Iwishto purchasethecustomer'sstock.MayI doso?

A:No.Thecustomermayhaveprovided

thisinformationintrusttohelpOracle

determinehowtobestmeetthe

customer‘sneeds.Usingthisinforma­

tionforpersonalpurposesordisclosing

ittoothersisaviolationofthattrust,a

violationofOraclepolicy,andmaybe

aviolationofapplicableinsidertrading

andsecuritieslaws.Accordingly,you

shouldnotpurchasethisstockuntilafter

thefinancialinformationhasbeenmade

knowntothepublicanddisseminated

broadlyinthefinancialmarkets.

Q:ThroughmyjobatOracle,Ihave learnedthatOracleisacquiringa publiclytradedcompany.MayIbuy stockinthatcompanyrightnow?

A:No. ThiswouldviolateOracle‘sInsider

TradingPolicyandapplicablesecurities

laws.Beawarethatregulatory

organizationsroutinelyinvestigate

tradingactivityleadinguptoa

significantchangeinasecurity’sprice.

Q: IunderstandwhyIshouldn‘treveal insideinformationtoanoutsider,but mayIdiscussthistypeofinformation withmembersofmyimmediate family?WhataboutotherOracle employeeswhoarenotawareofthe sameinformationIam?

A:No.Youshouldbecarefulaboutinad­

vertentlyorcasuallyrevealingmaterial

insideinformationaboutOracletoyour

familyoranypersonwhodoesn’thave

alegitimatebusinessneedtoknowit.

Ifmembersofyourfamilytradein

securitieswhileinpossessionof

materialinsideinformationthatyou

haverevealedtothemaboutOracle,you

maybeexposingthemandyourselfto

criminalandcivilliability,evenifyoudo

nottakeadvantageofthisinformation

personally.

Ifyoueverinadvertentlyletslipmaterial,

nonpublicinformationtoafamily

memberoranyotherpersonwithouta

legitimatebusinessneedtoknowit,

informamemberoftheOracleLegal

Departmentimmediately.

GeneralContractingIssues

Oraclerequiresitsemployeesto

competefairlyandethicallyforall

businessopportunities.Employees

involvedinthesaleorlicensingof

products/services,thenegotiationof

agreements,orthedeliveryofservices

tocustomersareexpectedtounderstand

andhonorthetermsofOracle‘s

contractualagreements.Inaddition,

eachemployeemustensurethatall

statements,communications,and

representationstocustomersare

accurateandtruthful.Oracleis

committedtomeetingallofits

contractualobligations.

Youmustobtainallappropriate

approvalsbeforeexecuting,modifying,

oramendinganycontracts.Oracle

prohibitsunauthorizedcontractsor

modificationsofcontracts,including

“sideletters”ororalagreements.

OnlycertainOracleemployeeshave

authoritytosigncontracts,commit

Oracletoacquiringproductsorservices,

orobligateOracletothirdparties.

Beforeacquiringanygoodsorservices

ormakinganyothercommitmentson

behalfofOracle,youmustensurethat

youhavespendingauthorityequalto

orgreaterthanthetotalamountof

paymentsorotherconcessionstowhich

youarecommittingOracle.Youshould

aggregatethetotalcostofapurchase

whenmakingthisdetermination.Itis

notpermissible,forexample,toopen

severalpurchaserequisitionsforasingle

vendoronthesameprojecttoavoid

goingoutsidethelimitsofyour

spendingauthority.Ifyoudonothave

adequatespendingauthority,obtain

approvalfromthemanagerinyour

chainofmanagementwhodoes.Ifyou

havequestionsaboutyourspending

authority,consultyourmanager.You

shouldalsofamiliarizeyourselfwiththe

OracleGlobalSpendingApprovalPolicy.

Beforesigninganydocumentcommit­

tingOracletoacquiregoodsorservices

orundertakinganyotherobligation,you

mustensurethatyouhavetherequired

signingauthority.Oraclehasissueda

DocumentSigningAuthorityPolicy,

whichidentifiestheindividualswith

authoritytosigndocumentsonbehalf

ofOracleanditssubsidiaries.Thispolicy

maybefoundontheOracleLegal

DepartmentWebsite.Consultthispolicy

ifyouhavequestionsaboutyoursigning

authorityorwhoshouldsignaparticular

document.Ifyouarestilluncertain,

contactyourmanagerortheOracle

LegalDepartment.Ifyouhavethe

authoritytosigndocumentsonbehalf

ofOracle,youmaynotdelegatethis

authoritytoanotheremployeewithout

theapprovalofOracle‘sCEOorGeneral

Counsel.

Q:Acustomerasksyoutowritealetter confirmingthatitisentitledtouseits softwareinawaythatisnotexpressly allowedbytheOraclelicenseagree­ ment.YounotethattheOraclelicense agreementdoesnotexpresslyprohibit theuseintendedbythecustomer,and youarecertainthatOraclewould notobject.Mayyouwritetheletter?

A:No.Oraclemaybewillingtomodify

thecontracttoallowtheusedesiredby

yourcustomer,butsuchachangetothe

contractrequiresthenecessarybusiness

reviewandapproval.Treattherequest

asoneforaformalcontractamendment

andprocesstherequestincompliance

withOracle‘sBusinessPractices

guidelines.

Q:Yourcustomerisreadytosignthe contract,butitneedsboardapproval. Thecustomerassuresyouthatitsboard willapprovethetransactionwhenit meetsintendaysandasksyoutoallow it15dayswithinwhichtoreturnthe softwareintheunlikelyeventthatthe boarddoesnotapprove.Mayyousend aletterconfirmingthatthecustomer has15daystoreturnthesoftware?

A:No.Thiswouldconstitutean

unauthorized"sideletter"modifying

thetermsofthecontract.Execution

ofunapprovedsidelettersisgrounds

fordisciplinaryaction,including

termination.

11 10

Q:AnemployeeofanimportantOracle partnerasksforyourassistancein obtainingahigher,non­standard discountinanupcomingsignificant licensingcontractwithamajorcus­ tomer.Itisyourunderstandingthatthe customerhasalreadyagreedonthe priceandtermsoftheagreement,but thepartner’semployeenowtellsyou, withnoadditionaljustification,thatshe needsthisadditionaldiscountifyou wanthertoplacetheorderbeforethe endofthequarter.Yourealizethat obtainingahigher,non­standarddis­ countrequiresappropriatejustification andapprovalpursuanttoOracle businesspractices. Youalsoknowthat thisdealiscriticalforyoutomakeyour salesquotafortheyear,andthepartner maybewillingtoplacetheorderright awaysincetheendusercontractwill probablybesignedinacoupleof weeks. Shouldyouhelpthepartner obtainthisnon­standarddiscount?

A:No.Oracleemployeesareprohibited

fromenablingpartnerstoachieve

excessmarginsfromunjustifiedand/or

unapprovednon­standarddiscounts.In

addition,solicitingorenablingapartner

ordertobeplacedwithOraclewithout

theexistenceofavalidendusercontract

(alsoknownas“pre­loading”or

“channelstuffing”)wouldbeagainst

Oraclebusinesspracticesandprohibited

inthiscase.Reportthisincidentto

Oracle'sLegalDepartment.

Dealing

with

Government

GovernmentContracting

Oraclestrictlyobservesthelaws,rules,

andregulationsthatgovernthe

acquisitionofgoodsandservicesby

anygovernmentalentityofanycountry

andtheperformanceofgovernment

contracts.Activitiesthatmaybe

appropriatewhendealingwithnon­

governmentcustomersmaybeimproper

andevenillegalwhendealingwith

government.Thepenaltiesoffailingto

adheretotheselawsaresevereand

includesubstantialcivilandcriminal

finesandimprisonment,andOracle

couldbeprohibitedfromdoingbusiness

withthegovernment.Oracleemployees

whodealwithanygovernmentalagency,

includinginternationalorganizations,are

responsibleforlearningandcomplying

withallrulesthatapplytogovernment

contractingandinteractionswith

governmentofficialsandemployees.

SeeOracle’sSupplementalPolicyon

GovernmentContractingandDealing

withGovernmentOfficialsand

Employees,locatedontheGovernment

SectorLegal&ComplianceWebsite.

Q:Areregulationsregardinggovern­ mentemployeeinteractionwithprivate contractors,suchasOracle,thesamefor allgovernmentagencies?

A:No.Regulationsvarydependingon

thegovernmentagency.Becausethese

regulationsvarysogreatly,seekadvice

fromtheOracleLegalDepartmentif

youareuncertainabouttheapplicable

regulations.

ProcurementIntegrity

NoOracleemployeeshallattemptto

obtain,fromanysource:

• Procurement­sensitivegovernment

information;

• Confidentialinternalgovernment

information,suchaspre­award,

sourceselectioninformation;or

• Proprietaryinformationofa

competitor,including,forexample,

bidorproposalinformation,during

thecourseofaprocurementorinany

othercircumstanceswherethereis

reasontobelievethereleaseofsuch

informationisunauthorized.

Ifsuchinformationisinadvertently

communicatedtoyoubyanother

vendor,aconsultant,oragovernment

employee,youshouldpromptlycontact

theOracleLegalDepartment.

Oracleemployeesmuststrictlyobserve

alllawsandregulationsregarding

classifiedinformation.

Q:Oneofourgovernmentcontracts requiresustoperformatestthatseems toduplicatepartofanothertestwe mustperformduringalaterstage ofproduction.Itisclearlyawaste oftimeandmoney.Mustwe continueperformingtheextratest?

A:Yes.Sincethecontractrequiresthat

weperformbothtests,nochangein

testingrequirementsorqualitycontrols

shouldbemadewithoutfirstinforming

andobtainingtheapprovaloftheappro­

priatelevelofmanagement,aswellas

theapprovalofacontractingofficer.

Toknowinglydeliveraproducttothe

governmentthatdoesnotmeetthe

contractspecifications,withoutspecific

priorapprovalfromthecustomerfor

anychangeinspecification,couldbe

consideredfraudandaviolationoflaw.

Q:IsitpermissibleforanOracle employeeorindependentcontractor toobtaininformationonthepricesa competitorplanstobidorhasbidon agovernmentprocurement?

A:No.ItisnotpermissibleforOracleto

obtainanyinformationthatanother

partyconsidersproprietaryorconfiden­

tialregardingcompetitiveprocurement,

includinginformationaboutpricing.

However,Oraclemayconsiderinforma­

tionaboutacompetitor’spricesthatit

obtainedfrompubliclyavailable

sources.

OrganizationalConflictofInterest(OCI)

Oracleemployeesmustensurethatin

performinggovernmentcontractsthere

isnoactualorpotentialorganizational

conflictofinterest(OCI)thatwould

provideOracleunequalaccessto

non­publicinformationoranunfair

advantageinacompetitiveprocurement,

orimpairtheobjectivityofOracle

employeesinprovidingassistanceor

advicetothegovernmentorin

performingcontractworkforthegovern­

ment;or,totheextentthereisanyactual

orpotentialOCI,thatanysuchactualor

potentialOCIisaddressedthroughan

appropriateOCImitigationplan.

Q:Anemployeeofagovernment customerhasaskedmetohelphim developaspecificationtobeincluded inaRequestforProposal.MayIhelp himdothis?

A:No.Youshouldnotperformthistype

ofworkunlessyouhaveobtainedOracle

LegalDepartmentandotherappropriate

internalapprovals.

Post­GovernmentEmployment Restrictions

Variouslawsimposerequirementsand

restrictionsongovernmentemployees

andprivatecompaniesrelatedto

discussionsregardingpost­government

employmentintheprivatesector.In

addition,theselawsrestricttheformer

governmentemployee’sactivitiesafter

heorsheleavesthegovernmentand

acceptsemploymentwithaprivate

company.Beforeengaginginany

discussionsrelatedtopossibleemploy­

mentorenteringabusinessopportunity

withacurrentorformergovernment

employee,youmustobtainapproval

fromtheOracleLegalDepartment.

Q:Youareconsideringhiringaformer U.S.governmentengineertoworkat Oracle.Sheisveryqualifiedforthe position.Mayyouhirethisengineer?

A:Itdepends.UnitedStateslaw

imposesseveralrestrictionsonOracle’s

abilitytohireU.S.governmentemploy­

ees.Stateandlocallawsmayimpose

similarrestrictions.Beforeeven

speakingwithanygovernment

13 12

employeeaboutemployment

opportunitiesatOracle,consultwith

theOracleLegalDepartmenttoensure

compliancewithapplicablelaws.

Anti­Corruption

Nooneshallcorruptlygiveoroffer,

directlyorindirectly,anythingofvalue

toagovernmentofficialtoobtainor

maintainbusinessoranyother

advantageforOracle.Itisaviolation

oftheU.S.ForeignCorruptPractices

Act(FCPA)andothersimilarinterna­

tionalanti­corruptionlawstoengage

inanyformofbribery.Penaltiesfor

violatingtheFCPAandotheranti­

corruptionlawsaresevereandcan

includelargefinesandprisontime.

Bonafideexpensesmaybepaid,and

giftsprovided,onlyifdonesowithout

corruptintentandpursuanttoOracle’s

Anti­CorruptionPolicy,whichis

locatedontheComplianceandEthics

ProgramWebsite.Oracle’sAnti­

CorruptionPolicyprovidesspecific

guidelinestoensurethatOracle

complieswithapplicableanti­corruption

laws,includingtheFCPA.

Addressquestionsorrequestsfor

informationregardingOracle’s

Anti­CorruptionPolicy,theFCPA,or

otheranti­corruptionlawstotheOracle

LegalDepartment.

Q:Agovernment“consultant”offersto assistanOraclesalespersonsecurean importantgovernmentdealinexchange forasuccessfeeof10%ofthevalue

ofthegovernmentcontract.Canthe employeeagreetothispayment?

A:No.Oracleemployeesareprohibited

fromofferingorgivingmoneyor

anythingofvaluetogovernment

officialsdirectlyorindirectlythrough

thirdparties.Thisprohibitiongenerally

includestheuseofsuccessfeesor

utilizingunapprovedoradhocconsult­

ants.YoushouldconsulttheOracle

LegalDepartmentbeforeyouhireany

third­partysalesconsultantstoobtain,

procure,orclosegovernmentdeals.

Gifts,Meals,andEntertainment

Governmentemployeesand

internationalorganizationsgenerally

aregovernedbylawsandregulations

concerningtheiracceptanceof

entertainment,meals,gifts,gratuities,

andotherthingsofvaluefromfirmsand

personswithwhomthosedepartments

andagenciesdobusinessoroverwhom

theyhaveregulatoryauthority.Indealing

withemployeesofgovernmentagencies

anddepartments,itisOracle‘sgeneral

policythatnothingofvaluewillbegiven

tosuchindividuals.Limitedexceptions

thatmayapplyarecoveredintheAnti­

CorruptionPolicyandtheSupplemental

PolicyonGovernmentContracting

andDealingwithGovernmentOfficials

andEmployees.Refertothe“Business

CourtesiesYouMayExtend”section

ofthisCodeforinformationregarding

non­governmententities.Ifyouhave

anyquestions,contacttheOracleLegal

Department.

Q:Ahigh­levelgroupofgovernment officialsismakingagoodwilltourof Oraclefacilities.Iwishtogivethema mementoofthevisitwithanOracle logo.IsthisagainstOraclepolicy?

A:Itdepends.Oraclepolicyprohibits

givinganythingofvaluetogovernment

employeesunlessapplicablelaw

andOraclepolicypermitit.Seethe

“BusinessCourtesiesYouMayExtend”

sectionandconsultwiththeOracle

LegalDepartmenttodeterminethe

properconduct.

Q:Ahigh­levelOracleemployeemeets withahigh­rankinglocalgovernment officialtodiscussOracle‘splanstoopen asharedservicecenter.Inappreciation, thegovernmentofficialoffersthe employeeagiftofsubstantialmonetary value.Cantheemployeeacceptthegift?

A:No.Oracleemployeesgenerallymay

acceptunsolicitedgiftsorotherbusiness

courtesiesprovidedtheyarenotof

materialvalueandarenotgivenwiththe

purposeofinfluencingone’sjudgment.

Itisneverappropriatetosolicitgiftsor

othercourtesiesdirectlyorindirectly.

Ifanemployeeisofferedagiftorother

businesscourtesyofmaterialvaluefrom

anindividual,firm,orrepresentativeof

afirmwhohasorseeksabusiness

relationshipwithOracle,theemployee

mustdemonstratethatthegiftcould

notbeconstruedasanattemptbythe

offeringpartytosecurefavorable

treatment.Additionally,theemployee

mustobtainwrittenapprovalfromthe

SeniorVicePresidentofhisorher

organizationandfromtheRegional

Compliance&EthicsOfficerbefore

acceptingthegift.

LobbyingofGovernmentOfficials

Ourinteractionswiththegovernmentare

generallygovernedbylobbyinglawsand

regulations.Lobbyingisanyactivitythat

attemptstoinfluencelaws,regulations,

policies,andrules,butincertainjurisdic­

tionscanalsocoverprocurementand

businessdevelopmentactivity.These

lawscanapplytoelectedofficialsaswell

asappointedofficialsandcareergovern­

mentemployees.Thecompanymay

haveanobligationtoregisterand/or

reportthecompany’slobbyingactivities

underapplicablelaw.Theseinclude

activitiesbyemployeesandoutside

consultantsoradvisorsongovernment

relations.Employeesareresponsiblefor

knowingwhentheiractivitiesmaybe

consideredlobbying,andshouldconsult

theOracleLegalDepartmentforguid­

ance.Forinformationonlobbyinglawsin

theUnitedStatesandOracle’spolicy,see

theSupplementalPolicyonGovernment

ContractingandDealingwithGovern­

mentOfficialsandEmployees,located

ontheGovernmentSectorLegal

&ComplianceWebsite.

PoliticalContributions

Oracletakesseriouslyitsobligationto

complywiththelawspertainingto

politicalcontributions.Theselaws

varygreatlyamongjurisdictionsand

countriesandare,inmanycases,subject

tointerpretationandcircumstance.

Therefore,allpoliticalcontributions

madebyOracle,includingattendance,

participation,and/orsponsorshipof

politicalcandidates,parties,campaigns,

andrelatedeventsmustbeapproved

inadvancebyOracle’sGovernment

AffairsofficeinWashington,D.C.and

theOracleLegalDepartment.Inaddition,

corporationsareprohibitedinmany

casesfromgivingtocampaigns.Some

campaignlawsinterpretuseofcorporate

resources(e.g.,equipment,email,

stationery,orpersonnel)ascorporate

donations.Youshouldthereforeobtain

approvalfromtheOracleLegalDepart­

mentbeforeusinganycompany

resourcesforpoliticalcampaignsor

fundraising.

FormoreinformationonOracle’s

politicalactivitiespolicyintheUnited

States,seetheSupplementalPolicyon

GovernmentContractingandDealing

withGovernmentOfficialsand

Employees,locatedontheGovernment

SectorLegal&ComplianceWebsite.

Q:Acustomerhasaskedmetojoinhim atafundraisingdinnerfortheelected headofhisgovernmentagency.May Iattendandexpensetheticketcostto Oracle?

A:Itdepends.Salesactivityshouldbe

keptseparatefromanypoliticalactivity.

Inaddition,donations–including

attendanceatpoliticalfundraisers–

arenevertobeexpensed.Rather,for

anactivitythathasbeenapproved

bytheOracleLegalDepartment,you

mustsubmitacheckrequest.

15 14

PersonalPoliticalActivity

Oracleencouragesemployeesto

participatepersonallyincivicaffairs

andthepoliticalprocess.However,

employeesmust:

• Makeallpersonalpolitical

contributionswiththeirownmoney;

• Conductanypersonalpolitical

activitiesontheirownpersonaltime;

• Conductallpersonalpoliticalactivities

inaccordancewithapplicablelaws;

and

• ComplywithOraclepolicies.

Thefollowingareguidelinesregarding

personalpoliticalactivity:

• Yourpersonalcontributionstoa

candidateforelectiveofficeor

apoliticalpartymustnotbe–or

appeartobe–madewith,reimbursed

from,orfacilitatedbythecompany’s

fundsorassets.

• YouwillnotbepaidbyOracleforany

timespentrunningforpublicoffice,

servingasanelectedofficial,

campaigningforapoliticalcandidate,

orattendingpoliticalfundraisers

unlessrequiredbylawand/or

approvedbytheOracleLegal

Department.

• Youcantakereasonabletimeoff

withoutpayforpersonalpolitical

activitiesifyourOracledutiespermit

anditisapprovedbyyourmanager

inaccordancewithcurrentHuman

Resourcespolicies.Youalsomayuse

vacationtimeforyourpersonal

politicalactivity.

• Youmaynotuseorpermitany

campaign,candidate,orpoliticalparty

touseanycompanyfacilityor

property,includingacompany

trademark,withoutwrittenapproval

fromOracle’sGovernmentAffairs

officeandtheOracleLegal

Department.

• Anyovert,visible,andpartisan

politicalactivitythatcouldcause

someonetobelievethatyouractions

reflecttheviewsorpositionofOracle

requiresthepriorapprovalofOracle’s

GovernmentAffairsofficeandthe

OracleLegalDepartment.

Q:Iamworkingonapoliticalcampaign andneedtoattendanout­of­town fundraiserduringworkhours.MayIgo ifIgetmymanager’spermission?

A:Yes.However,thedayoffmaynotbe

chargedtoOracle.You’llhavetouse

vacationorunpaidtimeofftoattendthis

event.

InfluencingOthers

Youmaynotuseyourpositiontocoerce

norpressureotheremployeestomake

politicalcontributionsorsupport

candidatesorpoliticalcauses.Incertain

instances,Oraclemayencourage

employeestosupportoroppose

legislativeissuesthataffectthe

company’sbusiness.Innoinstance,

however,mayyouuseyourposition

ofauthoritytomakeanotheremployee

feelcompelledorpressuredto:

• Workfororonbehalfofany

legislation,candidate,politicalparty,

orcommittee;

• Makecontributionsforanypolitical

purpose;or

• Castavoteonewayoranother.

IntheUnitedStates,theFederalElection

CampaignActallowsthecompanyto

establishapoliticalactioncommittee.

OracleestablishedtheOraclePolitical

ActionCommittee(OraclePAC)toenable

employeestopoolpersonalfundsto

supportcandidatesforfederal,state,

andlocaloffices.OraclePACfundraising

mustcomplywithallapplicablelawsand

shallbedirectedtoonlythoseemployees

eligibletocontribute.Contributionsto

OraclePACarevoluntary.OraclePAC

fundraisingmaynotbeconductedina

coercivemannerandallOraclePAC

fundraisingcommunicationsmust

clearlyincludeastatementthatcontribu­

tionsarevoluntaryandthatemployees

willnotbefavoredordisadvantaged

intheiremploymentbyreasonofthe

amountofanycontributionorany

decisionnottocontribute.Anemployee‘s

participationinOraclePACiskeptconfi­

dentialbyOraclePAC‘sadministrator,

exceptasrequiredbylaw.

Q:Mymanageraskedmetomakea contributiontoherdaughter’scampaign forcitycouncil.Isthatappropriate?

A:No.Evenifyourmanagerisnot

pressuringyou,therequestisinappro­

priate.Ifyouarenotcomfortable

speakingtoyourmanageraboutthis,

speakwithhisorhermanager,Human

Resources,oryourRegionalCompliance

&EthicsOfficer,orcontacttheOracle

ComplianceandEthicsHelplineor

IncidentReportingWebsite.

PublicService

Oracleencouragesemployeestobe

activeintheciviclifeoftheir

communities.However,suchservice

may,attimes,placeyouinasituation

thatposesaconflictofinterestwith

Oracle.Asaboardorcommittee

member,youmay,forexample,be

confrontedwithadecisionthat

involvesOracle.Itmightbeadecisionto

purchaseOracleequipmentorservices,

oritmightbeadecisionbyaboard

oftaxassessorsorazoningboard

thataffectsOracleproperty.Insuch

circumstances,yourinterestinOracle

andyourobligationtothecivicorganiza­

tionmightpullyouinoppositedirections

andcreateaconflictofinterestorthe

appearanceofaconflict.Accordingly,

youmustwithdrawfromanycommunity

orcivicactivitythatinvolvesanydecision

relatedtoOracle.Ifyouhaveanyques­

tionswhetheryourcommunityorcivic

activitymaycreateaconflictofinterest

withOracleoreventheappearance

ofaconflict,youshouldcontactyour

RegionalCompliance&EthicsOfficerto

reviewtheactivityandtoobtain

directionregardingyourparticipation.

Intellectual

Property

Besidesitspeople,Oracle‘smost

importantassetsareitsintellectual

propertyrights,includingits:

• Copyrights;

• Patents;

• Trademarks;and

• Tradesecrets.

Weareeachresponsibleforprotecting

Oracle‘sintellectualpropertyrights

bycomplyingwithOracle‘spolicies

andproceduresfortheirprotection.

Maintainingtheconfidentialityof

Oracle‘stradesecretsandproprietary

informationisanimportantelement

ofsuchprotection.Thisobligation

continuesevenafteryouleavethe

employofOracle.

Wealsorespecttheintellectualproperty

ofothers.Oraclewillprovideany

softwarenecessaryforemployeesto

performtheirfunctionsadequately

underappropriatelicensingagreements

withvendors.ItisagainstOraclepolicy

touse,copy,display,ordistribute

third­partycopyrightedsoftware,

documentation,orothermaterials

withoutpermissionorapprovalfrom

Oracle’sLegalDepartment.Forexample,

youmaynotpostanotherentity’s

copyrightedcontenttoanyinternalor

externalWebsiteorotherelectronic

forumwithoutfirstobtainingthe

necessaryapprovals.Youarenot

17 16

permittedtouseorcopysoftwareor

documentationexcepttotheextentthat

applicablelicenseagreementsallow.

ConsulttheOracleLegalDepartment

Websiteforrelevantpoliciesand

guidelines,including:

• InformationProtectionPolicy

• EmployeeProprietaryInformation

Agreement

• CopyrightCompliancePolicy

• PolicyonPatentCommunication

andSearches

Q:Iamworkingwithathird­party consultantonanOracleproject,andhe needsaccesstotheOraclenetworkto completehiswork.MayIsharemy userIDandpasswordwithhim?

A:No.Oracleemployeesmaynotallow

thirdpartiestoaccessOraclecomputer

systemswithoutappropriateauthoriza­

tion.Moreover,youshouldsafeguard

yourpasswordstoOraclesystems,

changethemregularly,andnotdisclose

themtoanyotherperson.Follow

Oracle‘sNetworkAccessPolicytoobtain

authorizationforthisconsultant,and

besurethatyouhavecompletedall

necessarypaperworkandobtainedall

necessaryapprovalsforretention

ofanoutsideconsultant.

Q:Ioftenworkfromhomeorata customersite,andIneedaccesstomy Oracleemail.MayIautoforwardmy Oracleemailtomypersonalemail accountwithathird­partyISPsothat Imayaccessmyemailathome?

A:No.Youmaynotauto­forwardyour

Oracleemailtoapersonalemailaccount

outsidetheOracledomainwithout

approvalfromGlobalInformation

Security.Auto­forwardingyouremail

wouldallowOracleconfidential

informationtopassoutsidetheOracle

networkandbeaccessiblebythird

parties.

Q:Canproprietarydataprovidedbya supplierforaspecificprogramwithin OraclebesharedwithotherOracle organizationsoutsidethatprogram orreleasedoutsidethecompany?

A:Itdependsonwhetherthesupplier

hasauthorizedthereleaseofthatpropri­

etaryinformationoutsidethespecific

program.Oraclemustcomplywiththe

restrictionsthatthesupplierhasplaced

ontheuseofitsproprietaryinformation.

ContacttheOracleLegalDepartment

ifyouareuncertainwhetherthisisthe

case.

BUSINESS

CONDUCT

Financial

Integrity

FinancialandOtherRecords

Accurateandreliablefinancialand

businessrecordsareofcritical

importanceinmeetingOracle‘sfinancial,

legal,andbusinessobligations.Oracle‘s

financialbooks,records,andstatements

shallproperlydocumentallassetsand

liabilitiesandaccuratelyreflectall

transactionsofthecompany.Nofalse

entriesshallbemadeonOracle’sbooks

orrecordsforanyreason.Beloware

somehelpfulguidelinesregarding

financialrecordkeeping:

• Billingoftimeorexpensesby

consultants,submissionofOracle

timecards,entryofordersbysales

administrators,andsubmissionof

travelandexpensereportsshallbe

madetimelyandaccuratelyandin

compliancewithOraclepolicy,

professionalstandards,regulations,

andlaws.

• Nodocumentsshallbeinappropriately

alterednorshalltheybesignedby

thoselackingproperauthority.Please

refertoOracle’sDocumentSigning

AuthorityPolicy,locatedontheOracle

LegalDepartmentWebsite,formore

information.

• Oraclefundsorassetsshallnotbe

usedforanyunethical,inappropriate,

orillegalpurpose.

• Thehandlinganddisbursementof

fundsrelatedtoanOracletransaction

mustbepursuanttoadulyauthorized

Oraclewrittencontractwithclearly

definedprocedures.

• Noundisclosednorunrecordedfund

norassetrelatedtoanyOracle

transactionshallbeestablishedor

maintainedforanypurpose.

• NopaymentonbehalfofOracleshall

bemadeorapprovedwiththe

understandingthatitwillormightbe

usedforsomethingotherthanthe

statedpurpose.

Q:Yourcustomersignedandreturned anorderformbutinadvertentlyforgot tosignoneoftheattachments.Nowhe haslefttownforvacation.Mayyousign onbehalfofthecustomerandprocess theorder?

A:No.Alteringdocumentsorsigning

themwithoutproperauthorityisagainst

Oraclepolicy.Returntheorderform

andattachmenttothecustomerfor

signature.

RecordsRetention

TheOracleRecordsRetentionPolicy

(“RetentionPolicy”)setsforththe

guidelinesgoverningtheretentionand

disposalofOraclebusinessrecords.

TheRetentionPolicyrequiresthatyou

maintainrecordsinaccordancewiththe

CorporateRecordsRetentionSchedule

(“RetentionSchedule”).TheRetention

Scheduleidentifiesthecompanyrecords

thatwemustretainandtheretention

periodforeachrecordtype.Youmust

notretainrecordsthatarenotidentified

ontheRetentionSchedule,unlessthe

recordshaveacurrentbusinesspurpose

ortheOracleLegalDepartmenthas

instructedthattherecordsberetained

orpreserved.Youareresponsiblefor

readingandabidingbytheRetention

PolicyandRetentionSchedule.You

canaccesstheRetentionPolicyand

RetentionSchedulethroughtheOracle

LegalDepartmentWebsite.

TheRetentionPolicyandtheRetention

Schedulecoverbothelectronic(soft

copy)andhardcopymaterials.They

applytoALLrecordtypesregardless

ofthemediuminwhichtheyexist,

including:

• Paper;

• Email;

• Video;

• Harddrive;and

• Compactdiscorotherelectronic

storagedevice.

Youshouldgivespecialcaretoensure

thatrecordscontainingconfidential

informationareretainedanddisposed

ofinaccordancewithboththeRetention

PolicyandtheInformationProtection

Policy.

Q:Duringthecourseofyourjob,you comeacrosssomeinvoicesthataretwo monthsold.Allweremarkedpaidand thefilesaretakingupvaluablespace. Canyoushredthemtomakeroomfor morerecentinformation?

A:No.Recordssuchasinvoicesrepre­

sentexpenses,whichwilleventually

havetobereported,reviewed,

andauditedinconnectionwiththe

company’speriodicreportingtothe

SecuritiesandExchangeCommission

andOracle‘sinvestors.Pleaseseethe

RetentionScheduleforguidanceon

howlongtokeeptheinvoices.

Q:Theaccountingdepartmentreceives aletterfromacustomer’sattorney, demandingthatOraclefulfillcertainoral promisesthatOracleallegedlymade. Yourmanagerasksyoutoreviewyour emailtodeterminewhetheryouhave anyemailmessagesthatwouldsupport suchapromise.Youidentifyoneemail thatcouldbeconstruedasconstitutinga promisetoapersonwhowasunfamiliar withthecustomerrelationshipbutyou believe,ingoodfaith,thatnosuch promisewasevermadetothecustomer. Shouldyoudeletetheemail?

A:No.Oracle’sRecordsRetention

Policyrequiresemployeestopreserve

allrecordsthatmayberelevanttoa

matterinwhichOraclereasonably

anticipateslitigation.Youshould

immediatelycontacttheOracleLegal

Departmenttohelpdeterminewhether,

underthecircumstances,thereisa

reasonableanticipationoflitigation.

Ifitappearsthatlocalcircumstances

requirearecordtoberetainedfora

longerperiod,pleasecontacttheOracle

LegalDepartmentthroughlocallegal

counselorbyemailingdocretention

@oracle.com.

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