Legislative Decree No. 231 of June 8, 2001, governs the liability of entities for administrative offenses resulting from crimes committed by qualified subjects belonging to the entity's managerial and administrative structure.

With this legislative provision, specific measures aimed at strengthening the relationship between business activities and ethical principles, beyond legal rules, are introduced into our legal system for the first time.

Gyada Cosmetics S.r.l. has adopted the contents of Legislative Decree No. 231/2001 by implementing its own organizational, management, and control model, of which the Code of Ethics, published below, is an integral part.

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