Code of Business Conduct and Ethics

In 2021, we have established a new Code of Business Conduct and Ethics to ensure that our supervisory board members, management board members and employees are making ethical and legal decisions when conducting Galapagos’ business and performing their day-to-day duties. We expect our supervisory board members, management board members and employees to conduct business with integrity, ethics and respect for human rights. We expect them to turn away from conflicts of interest, corruption and fraud. To this end, we give trainings on this new Code to our employees, including our subsidiaries’ employees. So far, since the launch of our new Code of Business Conduct and Ethics, 93.5% of our employees have completed the training.

The new Code of Business Conduct and Ethics is available at https://www.glpg.com/governance-information.

One breach of our Code of Business Conduct and Ethics was reported to the audit committee in 2021.