| Dear
Colleague:
Dresser-Rand’s Code
of Conduct (the Code) is about the combined values and standards
of behavior that make Dresser-Rand a trusted and respected
organization. We are involved in a competitive industry, and our
customers, suppliers, communities and shareholders are expecting
and demanding more of us. These demands have an impact on all of
us, no matter where we are in the organization. We are all
challenged to find creative and innovative ways to get the job
done. We applaud your efforts, and take this opportunity to thank
you for the contributions you have made to Dresser-Rand’s
success.
It is each employee’s
responsibility to exercise sound business judgment and act
honestly and ethically. We are required not only to "do the
job" but to "do it the right way." Doing it the
right way means conducting ourselves with ethics and integrity in
all that we do.
As your employer, Dresser-Rand’s
obligation goes beyond simply stating that you should always
conduct yourself professionally and ethically at work. With this
Code, we are formalizing the values that have made us the company
we are today and which will carry us forward into the future. This
Code describes the fundamental ethics policies that govern all of
the work we do, and sets forth the duties and obligations for all
our employees under those policies.
Please take time to read this Code,
and continue in the Dresser-Rand tradition of hard work with
integrity.
Very truly yours,
Vincent R. Volpe, Jr.
President & Chief Executive Officer |