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Date Submitted: 12/30/2013 06:16 AM

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adidas Group Code of Conduct

Performance, Passion, Integrity and Diversity are the core values of the adidas Group. Accordingly, we expect all employees to conduct themselves in conformity with these core values and with the utmost fairness, integrity and responsibility in all aspects of their businesses.

In order to ensure exemplary actions and behaviour, we implemented a Code of Conduct in our company, which has been applicable in all regions and business areas since 2006. Guidelines for day-to-day behaviour in everyday work are stipulated in this Code.

Compliance with the law and the legal system is the most important principle for the adidas Group.

Every employee shall act ethically and compliant with the laws and regulations of the legal systems within which they are acting while carrying out the Group's business. Violations of the law and of our internal policies must be avoided under all circumstances.

One of the greatest strengths of the adidas Group is the diversity of its employees and business partners.

We work together with men and women of various nationalities, cultures, religions and races, who bring together a wide range of experiences, skills and mentalities.

The adidas Group stands for Human Rights.

We will not tolerate any discrimination or personal harassment, be it sexual or in any other form. Every employee must respect the personal dignity, privacy and legal rights of every individual.

This Code of Conduct shall apply to internal cooperation as well as to conduct towards external business partners. Regardless of the sanctions imposed by the law, any employee guilty of a violation of the law, this Code of Conduct or our internal policies while carrying out the adidas Group's business will be subject to discipline up to and including termination.

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