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  7. The Sotheby’s® ethical principles are as hereafter

The Sotheby’s® ethical principles are as hereafter

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The Sotheby’s® ethical principles are as hereafter

- To encourage a working environment in which the Code of Business Conduct and Ethics is recognized, highlighted and illustrated by all employees.

- To be honest and just, respecting the ethical standards of Sotheby's® in all business activities and relationships with clients.

- To respect the rules and regulations determining Sotheby's® professional conduct across the globe.

- To avoid conflict between personal and professional interests.

- To respect and maintain the utmost confidentiality regarding information obtained from the company.

- To respect and maintain the utmost confidentiality regarding information obtained from clients.

- To protect the assets which have been entrusted to us by our clients.

- To protect the assets of the company and to ensure their correct use.

- To bring to attention any conduct that is illegal or contrary to our code of ethics, or any other conduct that violates the code of ethics or company policy.

- To be personally responsible for respecting this Code and company policy.

- In addition to these basic principles listed above, the following subjects merit particular attention.