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CODE OF ETHICS     RESPECT IS THE GOLDEN RULE



                 7

                            REGULATORY




                            COMPLIANCE








                            La Comer carries out business practices in accordance with existing laws,                                         both  to  government  entities  and  officials,  as  well  as  to  workers,  customers
                            in an honest and ethical manner, in order to avoid any act of corruption. All                                     and suppliers of products and/or services.
                            employees must adhere to the current laws, especially those that regulate
                            bribery and corruption instances that apply to our Company.                                                       Furthermore,  La  Comer  prohibits  acts  or  omissions  that  imply  an  abuse  of
                                                                                                                                              any position of power, that generate a personal benefit at the expense of the
                                                                                                                                              welfare of the Company or its employees.
                            7.1 CORRUPTION

                            The Company avoids any activity aimed at carrying out acts of corruption; this                                    No person may contribute, on behalf of the Company, donations or economic
                            includes any activity, conduct, action or omission that implies a payment in                                      and/or material resources to political and/or religious groups, since Grupo La
                            cash or in kind, granting of advantages, privileges, provision of services in an                                  Comer has no relationship, participation or political, electoral and/or religious
                            undue manner, assumption of debts or obligations or excessive attentions,                                         preference. If any employee incurs in these practices, it shall be in a personal
                            sponsorships, donations or simulated acts, directly or through third parties,                                     capacity, separating the Company from any of these activities.





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