SaskEnergy Code of Conduct and Ethics Policy

1.1 Purpose This Code of Business Conduct & Ethics Policy ("Code") is designed to reaffirm SaskEnergy's commitment to integrity as a cornerstone of the behavior of our employees and all others who act on our behalf. SaskEnergy's employees are expected to exhibit corporate values as well as the utmost of honesty, objectivity, care and responsibility while they perform their duties. The Code is intended to provide both general and specific provisions to protect and guide employees faced with ethical, moral and legal circumstances during the course of their employment. SaskEnergy has a respected name and good reputation for providing safe and reliable natural gas service to the people of Saskatchewan. Public confidence can be eroded when employees’ conduct or the expectations of SaskEnergy as to their conduct is not of the highest standards. Moreover, both civil and/or criminal liability may be incurred by an employee or by the Company in situations where the employee is involved in a breach of the law or conflict of interest. What to Remember Employees shall not use SaskEnergy’s name when purchasing goods or services for other than corporate use when it could be inferred that the purpose in doing so is to solicit a material benefit not customarily available to others.

What You ShouldKnow

Throughout the Code, any reference to SaskEnergy, or the Company, includes SaskEnergy Incorporated and each of its direct and indirectly wholly owned subsidiaries. The Code applies to all employees (including Board of Directors, officers, in-scope and out-of-scope employees), as well as every supplier, agent, contractor and any other individual or organization that acts on behalf of SaskEnergy or its subsidiaries.

This symbol, found throughout the Code, indicates that additional information can be found by reviewing applicable SaskEnergy policies. This symbol provides added insight on what you should know.

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