Music Label Group

CODE OF ETHICS

The Music Label Group (MLG) Code of Ethics outlines the fundamental principles and standards of conduct expected from all individuals associated with MLG. This includes, but is not limited to, its officers, agents, assigns, employees, and investors (collectively referred to as "Associated Persons"). This Code ensures that MLG upholds the highest ethical standards, maintains public trust, and operates with integrity within the dynamic entertainment industry.
These principles are rooted in MLG's regulatory requirements and other approved internal policies. By consolidating these guidelines into a formal Code of Ethics, MLG emphasizes the paramount importance of ethical conduct in all activities undertaken by its Associated Persons. Adherence to these principles is crucial for sustaining the highest standards of integrity and dedication to MLG's overarching objectives and mission. 

1. Integrity of Music Label Group

All Associated Persons are expected to act in the best interests of MLG and uphold its integrity. This requires avoiding any influences, interests, or relationships that could create a conflict with MLG's objectives and purposes. Associated Persons must consistently prioritize MLG's welfare and reputation in all their professional endeavors.
 

2. Adherence to Ethical and Moral Standards

Associated Persons must conduct all MLG activities in strict adherence to the highest moral and ethical standards of society. Actions, even those ostensibly for the benefit of MLG, must reflect unimpeachable ethical and moral conduct. MLG's interests are never served by individuals engaging in questionable or unethical behavior.

3. Conflict of Interest

A conflict of interest arises when an Associated Person's duty of loyalty to MLG, including the advancement of its objectives and purposes, could be compromised by actual or potential personal benefit from another source. Associated Persons are expected to avoid any investment, interest, or association that may interfere with the independent exercise of judgment in MLG's best interest and for the benefit of those MLG serves.

Disclosure and Resolution:

Prompt disclosure of personal interests or other circumstances that might constitute a conflict of interest is mandatory. Such disclosures must be reported to the Chairman of MLG for resolution in a manner that best serves the interests of both MLG and the individual.
To prevent actual or perceived conflicts of interest, an Associated Person shall recuse themselves from any discussion or decision-making involving MLG if:

They or an entity they owned, operated, or served as an artist, musician, consultant, or investor to MLG, or had a direct contractual relationship with MLG, within the past five years.

They own or operate an institution, or an institution is part of the same industry, corporation, franchise, or licensing arrangement, as an institution owned or operated by an associate or officer.

They use or cause anyone to utilize, manufacture, produce, or distribute any of MLG's intellectual property, ideas, designs, or recordings without explicit written permission. 

4. Confidentiality

Associated Persons owe a fundamental duty of confidentiality to MLG and any entities with which MLG conducts business (e.g., schools considered for accreditation, partners, artists). All deliberations, including sensitive discussions, complaints, and meetings of review panels, must be held in the strictest confidence and not discussed with unauthorized persons. Furthermore, any and all information and documents pertaining to MLG's operations, business partners, or confidential matters (such as artist contracts, financial data, or strategic plans) must be kept confidential and shall not be divulged to any other party except in accordance with policies and procedures approved by MLG or as required by law.

5. Equal Opportunity and Non-Discrimination

MLG is committed to fostering a fair and inclusive environment. Discrimination in employment is strictly prohibited on the basis of race, color, sex, age, religion, national origin, disability, sexual orientation, gender identity, or any other characteristic protected by applicable law. All Associated Persons are committed to fair employment practices, including equal treatment in hiring, promotion, training, compensation, termination, and disciplinary action. This commitment extends to all interactions within and outside of MLG.

6. Responsible Use of Position

No Associated Person shall abuse their position within MLG to gain improper personal, material, or pecuniary benefits for themselves or others. This includes, but is not limited to, the misuse of company resources, insider information, or influence for personal gain. All decisions and actions must be made with the sole intention of benefiting MLG and its mission. 

7. Professional Conduct and Leadership

All Associated Persons, particularly those in leadership roles, are expected to uphold the standards of MLG and abide by all its rules, procedures, and By-Laws. Leaders within MLG must set a positive example, demonstrating ethical conduct, professionalism, and a commitment to MLG's values in all their interactions. Their actions should inspire trust and confidence among colleagues, partners, and the public.   

8. Compliance with Laws and Regulations

Associated Persons must comply with all applicable laws, rules, and regulations in all jurisdictions where MLG operates. This includes, but is not limited to, laws related to intellectual property, contracts, employment, and anti-corruption. Ignorance of the law is not an excuse for non-compliance. When in doubt, Associated Persons should seek guidance from MLG's legal counsel or management.

Any Associated Person who suspects or observes a violation of this Code of Ethics is encouraged to report it promptly and in good faith. MLG is committed to protecting individuals who report concerns from retaliation. Reports can be made confidentially to the Chairman of MLG or a designated ethics officer.