ConocoPhillips has a longstanding commitment to comply with the law wherever we operate and to conduct all business activities in accordance with the highest ethical standards. Upholding this commitment is critical for our continued success in the global marketplace. Our governance framework is intended to serve the interests of shareowners and other key stakeholders by maintaining systems that ensure the highest levels of responsibility, integrity and legal compliance across our business. Also, the framework includes oversight of the Code of Business Ethics and Conduct, which sets forth our expectations of directors, employees, contractors and other individuals who represent or work on behalf of ConocoPhillips.