The most consistent factor in IMI’s longstanding business success has been our commitment to a guiding set of values that exemplify how employees behave. Building on the work of previous years, during 2008 significant work was carried out to develop a new IMI Code of Responsible Business entitled “The IMI Way”. This draws together existing and new aspects of our work into a concise framework. Wherever anyone works in the IMI Group and whenever an IMI employee is encountered, you can expect to see these values at work

• IMI people pursue excellence and deliver results
• IMI people innovate and provide value to our customers
• IMI people act with integrity

In 2009 IMI formalized these values into a code of responsible business entitled “The IMI Way”. We believe that it is vital for our future business performance that we continue, as a Group to engage in the values and behaviors that set IMI apart. This code is a guide to help all employees consistently demonstrate their commitment to The IMI Way throughout our worldwide operations. It has been translated into over 25 languages and is available to download on the IMI plc website at:

www.imiplc.com/responsibility/codeofbusiness.asp