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CODE OF BUSINESS CONDUCT


The UPS Code of Business Conduct (“Code”) sets forth standards of
conduct for all of UPS. Throughout the Code, “UPS” is used to refer to
the enterprise as a whole, to each person within it, and to any person or
entity who represents UPS or any part of the UPS organization, including
suppliers, consultants, and third-party representatives.
Adherence to the Code is required of all employees and representatives of
UPS. The Code is available in various languages on ups.com, UPSers.com,
and the Corporate Compliance and Ethics website.
NONE
Management
English
2011
1-48
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