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INTRODUCTION

WHAT IS THE CODE OF ETHICS?
This Code of Ethics for all VP level and Senior Officers (the “Code”) helps maintain the standards of business conduct for Magma Fincorp Limited (the “Company”) and ensures compliance with legal requirements. The purpose of the Code is to deter wrongdoing and promote ethical conduct. The matters covered in this Code are of the utmost importance to the Company, its shareholders and its business partners. The Code ensures that we can conduct our business in accordance with our stated values.
TO WHOM DOES THE CODE APPLY?
The Code is applicable to all professionals serving in the roles of finance, tax, accounting, treasury, internal audit, sales, credit, collection, Admin, HR and investor relations, the members of the audit committee, and members of the board of Magma Fincorp Limited and its subsidiaries (if any).
WHY HAVE A CODE OF CONDUCT?
Ethical business conduct is critical to the Company business. Accordingly, Officers are expected to read and understand this Code, uphold its standards in day to day activities, and to comply with all applicable laws, rules and regulations, and all further applicable policies and procedures adopted by the Company to govern the conduct of its senior employees / employees. As the principles described in this code are general in nature, Officers should also review the company’s other applicable policies and procedures for more specific instruction. They may contact the HR Department for any clarification.