GUIDING BUSINESS WITH VISION, RESPONSIBILITY, AND INTEGRITY.
 

At VR ASSET MANAGEMENT, our reputation is our most valuable asset. It has been earned through our unwavering commitment to the highest standards of corporate governance, uncompromising ethical business conduct, and the pursuit of sustainable value creation for our clients and the communities they serve.

This Code of Business Conduct and Ethics forms the foundation of our operations, articulating the professional and ethical standards that guide the conduct of our Chairman, the associated specialists, advisors, and every member of the VR ASSET MANAGEMENT’s team. Our conduct is not only reflective of internal values, but it also serves as a model of principled advisory leadership in the global marketplace.
 

We prioritise the interests of our clients in all circumstances. Every recommendation, analysis, or initiative undertaken by VR ASSET MANAGEMENT is intended to serve the strategic objectives and operational success of our clients. Our firm does not engage in commercial offerings that contradict our mission, compromise our neutrality, or diminish our credibility with institutional investors or stakeholders. The data and insights we generate are exclusively applied for the benefit of our clients and are never repurposed for the advantage of third parties.
 

Our business model is fundamentally structured to avoid conflicts of interest. In an industry often marked by divided loyalties, VR ASSET MANAGEMENT maintains strict independence. We do not accept assignments that may compromise our impartiality or jeopardise the trust placed in us by our clients and their investors. Should a situation arise involving contested transactions or hostile takeover bids between multiple clients, our ethical obligation is clear: we will prioritise the defence of the targeted client, consistent with our conflict-resolution protocols and duty of care.
 

Confidentiality is essential to our work. The trust placed in us by clients, institutional investors, and custodians requires that we handle all non-Public information with the utmost discretion. We do not disclose, share, or monetise any confidential data. We protect it through robust internal safeguards, secure systems, a culture of information responsibility, and, most importantly, Secrecy. This commitment allows us to maintain the integrity of sensitive engagements and supports open collaboration across all levels of client interaction.
 

Every engagement we undertake is customised. VR ASSET MANAGEMENT rejects standardised, templated solutions in favour of tailored advisory grounded in the specific legal, regulatory, and cultural realities of our clients’ operational environments. As a global company driven by local expertise, we understand that each client faces unique governance, financial, and stakeholder challenges. Our advisory is therefore adapted to support nuanced strategic decisions, regional compliance, and global expectations, offering insight that is both practical and principled.
 

We uphold a broader mission to foster corporate integrity, long-term performance, and ethical governance. Our purpose is not limited to short-term value creation; we work to strengthen the long-term viability and resilience of the companies we serve. We advocate for fair shareholder treatment, environmental responsibility, stakeholder engagement, and policies that benefit the communities touched by corporate activity. These principles are embedded in every client solution, advisory report, and strategic engagement we deliver.
 

The VR ASSET MANAGEMENT Code of Business Conduct applies to every individual within the firm, without exception. All team members - whether in strategy, research, operations, or leadership - are held accountable to this standard. The Code is reinforced through onboarding, training, and internal compliance oversight led by the Executive Committee. Violations are addressed through formal review procedures and may result in disciplinary measures, including termination of employment or the client relationship. Adherence to this Code is not a formality - it is a condition of participation in our mission.
 

In all we do, VR ASSET MANAGEMENT seeks to exemplify principled advisory. Our clients rely on us not only for strategic insight but for conduct that strengthens trust and reputation. This Code is the living expression of that trust. It enables us to serve with distinction, act with purpose, and lead with integrity in a rapidly evolving global economy.
 

At VR ASSET MANAGEMENT, we believe that principled conduct is not a constraint but a competitive advantage. In a world where trust is currency, we build relationships - and reputations - that stand the test of time.