Williams Code of Business Conduct - External | Page 5

Our Core Values are engrained in how we do our work , guiding us to remain authentic , safety driven , reliable performers , and responsible stewards on behalf of our stakeholders .

MESSAGE FROM THE CEO

For more than a century , we ’ ve remained true to ourselves , always striving to do the right thing . Our Core Values are engrained in how we do our work , guiding us to remain authentic , safety driven , reliable performers , and responsible stewards on behalf of our stakeholders .
The Code of Business Conduct ( The Code ), approved by the Williams Board of Directors and the Executive Officer Team , is a practical guide designed to help us put our Core Values into action when performing our day-to-day duties . The Code provides guidance for our behavior , provides specific direction for corporate governance , and gives us options for reporting our concerns or suspected violations of the Code .
While it can ’ t address all possible scenarios and situations , The Code does outline some of the more common issues we might face in our work . It also identifies other resources available across the organization when employees might need more assistance regarding ethical issues .
We are all responsible for reading , understanding and adhering to the standards outlined in this Code . Though not anticipated , any waiver of the Code must be approved by the Williams Board of Directors , and a waiver for directors and executive officers must be disclosed to shareholders promptly .
Thank you for acting as ambassadors of our organization . Living our Core Values helps us reach our highest potential as a company and as stewards of our stakeholder ’ interests .
Sincerely ,

Our Core Values are engrained in how we do our work , guiding us to remain authentic , safety driven , reliable performers , and responsible stewards on behalf of our stakeholders .

ALAN S . ARMSTRONG PRESIDENT AND CEO WILLIAMS
Alan S . Armstrong President and Chief Executive Officer
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