SaskEnergy Code of Conduct and Ethics Policy

1.4 How to Uphold theCode C o m p Compliance It is the duty of every employee to exercise proper care and judgment in the course of their employment, as well as good faith in all transactions involving SaskEnergy or its property when acting as its representative. l i

Enforcement Employees who contravene this Code or Company policies are subject to disciplinary action, which in certain cases may include termination of employment and/or prosecution. In addition to any other requirement, employees who cease to be employed by SaskEnergy for any reason agree they will keep all SaskEnergy confidential and proprietary information confidential, and will not disclose, show, demonstrate, reproduce, copy or use such information, or communicate it or any part of it to any third party, except as required by law. Annual Compliance Training On an annual basis, employees are to review the applicability and importance of the Code, as well as the consequence of any violation.

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i s Compliance with the Code is a condition of employment for all SaskEnergy employees. The Code is updated from time to time and employees are responsible to regularly familiarize themselves with the contents of the Code. The Company complies with the applicable laws and regulations in all of its operating jurisdictions. Employees are to have sufficient knowledge of these laws and regulations in order to identify potential risks, and to seek advice if they are unclear regarding their responsibilities. o f expected to abide by the codes of ethics to which licensed professional employees (e.g. lawyers, accountants, engineers) are legally bound, and SaskEnergy recognizes the primary responsibility of professionals to act in accordance with these codes. i s Professional Codes of Conduct In addition to the Code, employees are t h e d u t y

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