Corporate Governance: Code Of Conduct

Reporting Violations

Honoring the Denysys Code of Conduct
Violations Reporting Policy

All Denysys employees and directors are responsible for honoring the Denysys Code of Conduct and other policies, and to assure compliance by other Denysys employees. Violations of the code and other policies not only have legal ramifications, but also negatively affect the business, culture and environment of our company. Any waivers of the Code of Conduct for directors or executive officers must be approved by the board of directors and will be promptly disclosed to shareholders.

Obligation to Report Code of Conduct and Policy Violations
It is important that you immediately report any Denysys Code of Conduct violations or policy violations to your manager, your manager’s manager, a human resources representative, legal counsel or the company’s president. You will not be retaliated against in any way for honestly reporting an issue.

Anonymous Reporting of Violations
If you would like to anonymously report a violation involving corporate compliance,
human resources or accounting or auditing matters, please utilize our open door policy and request a meeting with the president. Additional ways to report accounting violations or confidential complaints about accounting can also be submitted in the following ways:

• E-mail: human.resources@denysys.com

• Letter, mail to:

Office of the President
Denysys Corporation
2010 E. Hennepin Ave., Suite 7-217
Minneapolis, MN 55413

Information to Include in Report Submissions.
When submitting a report of a violation, complaint or concern, you should provide as much detail as possible regarding the subject matter. However, you need not identify yourself as the source of the report. If the report is submitted anonymously, Denysys will not make any special effort to identify the employee who has made the communication.

Records of Complaints and Related Information
The Denysys legal counsel will have custody of the records of complaints. Any information developed in the course of responding to an accounting concern, or any other type of concern or complaint, will be handled as Denysys deems appropriate, and in accordance with company policy.

Disciplinary Action
Disciplinary action for a violation of this Code of Conduct can range from verbal or written warnings up to and including immediate termination. In all cases, steps will be taken by the company, as necessary, to prevent any further Code of Conduct violations, and the company will comply with all applicable laws and regulations.

For more information, visit our HR Guidelines on the company's employee portal or request a copy from the HR department.