Audit Committee Overview

BAE SYSTEMS Employment Support & Advice Code of Conduct Code of Conduct applies globally to all employees, directors, and wholly owned subsidiaries. Controlled JV's are expected to uphold substantially equivalent standards • Embedded into the due diligence process for suppliers • • Expressly prohibits bribery and other forms of corrupt conduct Mandated Business Integrity training during induction with annual line manager lead face-to-face training thereafter Reviewed every three years to ensure best practice Ethics Helpline Code of Conduct makes clear that the first point of call is a colleague, manager, HR or Legal • Alternatively there is an Ethics Helpline and network of Ethics Officers • 160 Ethics Officers across the Company who receive regular training and provide day to advice and guidance on ethical matters Ethics Helpline - lines are open 24/7, anonymity if required, externally independently run Ethics reporting reviewed at a business level (in quarterly business reviews) and corporately at the Ethics Review Board and Corporate Responsibility Committee Copyright 2020 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark. 38

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