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Berkshire Code of Business Conduct

1 Berkshire HATHAWAY OF Business Conduct AND code of Business Conduct and Ethics applies to all Berkshire Hathaway directors,officers and employees, as well as to directors, officers and employees of each subsidiary ofBerkshire Hathaway. Such directors, officers and employees are referred to herein collectivelyas the Covered Parties. Berkshire Hathaway and its subsidiaries are referred to hereincollectively as the Company. Company is proud of the values with which it conducts Business . It has and willcontinue to uphold the highest levels of Business ethics and personal integrity in all types oftransactions and interactions. To this end, this code of Business Conduct and Ethics serves to(1) emphasize the Company s commitment to ethics and compliance with the law; (2) set forthbasic standards of ethical and legal behavior; (3) provide reporting mechanisms for known orsuspected ethical or legal violations; and (4) help prevent and detect the variety and complexity of ethical questions that may arise in the Company scourse of Business , this code of Business Conduct and Ethics serves only as a rough wi

1 BERKSHIRE HATHAWAY INC. CODE OF BUSINESS CONDUCT AND ETHICS A. Scope. This Code of Business Conduct and Ethics applies to all Berkshire Hathaway directors,

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