Capstone Turbine Corporation
Code of Business Conduct
Capstone Turbine Corporation (“Capstone”) strives to be the world leader in the application of microturbine solutions for
distributed generation power. In achieving this goal, we must remain committed to the highest standards of ethical and legal
behavior. We firmly believe that operating with a strong sense of integrity is critical to maintaining trust and credibility with all
of our stakeholders, including our customers, stockholders and employees. Our Code of Business Conduct (the “Code”)
provides guidance to all Capstone directors and employees and assists us in carrying out our daily activities within appropriate
ethical and legal standards. Our Code also summarizes our expectations of accountability and the responsibility of all Capstone
directors and employees. The general principles that guide our conduct go beyond mere compliance with laws and regulations.
They are the foundation to the kind of company we want to be.
We will uphold the highest professional standards in all global business operations. Likewise, the ethics of our suppliers,
service providers and business partners is of utmost importance. We expect those with whom we do business to have, and
follow, a similar code of ethical conduct.
While we are all obligated to follow this Code and are responsible and accountable for our own conduct, Capstone expects our
leaders to set the example - to be in every respect a model. They must ensure that those who report to them have sufficient
information to comply with law, regulation, and policy, as well as the resources to resolve ethical dilemmas. They must foster
and maintain a culture within Capstone that promotes the highest standards of ethics and compliance. This culture must
encourage everyone in the organization to raise concerns when they arise. We must never sacrifice ethical and compliant
behavior in the pursuit of business objectives. Everyone is responsible and accountable for promp