MPIC adopted a Code of Business Conduct and Ethics (“Code of Ethics”) pursuant to MPIC’s dedication to doing business “with the highest standards of ethics” and “to promote a culture of good corporate governance by observing and maintaining its core business principles of accountability, integrity, fairness and transparency.”

The MPIC Code of Ethics sets forth the Company’s business principles and values which shall guide and govern all business relationships of MPIC, its directors, officers and employees, including their decisions and actions when performing their respective duties and responsibilities.

All directors, officers and employees of MPIC are required to comply with the Code of Ethics and a copy thereof is provided to every employee to ensure thorough understanding of and personal commitment to the values that the Code embodies.