DILLARDS VENDOR COMPLIANCE MANUAL CODE

requesting others to violate a Company policy.

The following are examples of conduct that may result in discipline: If it might, associates should seek clarification from their supervisors, managers or other appropriate personnel.ДЄssociates who knowingly fail to comply with these policies, or knowingly fail to report wrongdoing, may be subject to disciplinary action up to and including termination of employment.

A good basis for deciding when to get advice is to ask whether the conduct might reasonably give the impression that you were engaged in unlawful or unethical conduct. Furthermore, if associates are concerned about an ethical situation or are not sure whether specific conduct meets the Company's standards of conduct, associates are responsible for asking their supervisors, managers or other appropriate personnel any questions that they may feel are necessary to understand the Company's expectations of them.

DILLARDS VENDOR COMPLIANCE MANUAL CODE

It is the responsibility of associates to read carefully and understand this Code, but we do not expect this Code to answer every possible question an associate may have in the course of conducting business.

In fact, retaliation or punishment for reporting suspected unethical or illegal conduct by another associate as provided in this Code or for coming forward to alert the Company of any questionable situation is against the law. Reporting in good faith possible ethical violations by others will not subject you to reprisal. Doing so is not an act of disloyalty, but an action that shows your sense of responsibility and fairness to your fellow associates, our customers, suppliers and shareholders. All associates must follow the ethical standards set forth in this Code and are obligated to report, in a timely fashion, any possible violations of our ethical standards that they may witness.

The Company takes this Code of Conduct seriously.

Dillards Vendor Compliance Manual