<br />
CODE OF CONDUCT<br />
NOTE: Nothing in this Code of Conduct shall be interpreted to create a contract nor shall this Code<br />
of Conduct be interpreted in any way to change or modify the terms of employment of any<br />
employee.<br />
Revised August 23, 2018<br />
CODE OF CONDUCT<br />
Table of Contents<br />
SECTION 1. SUMMARY OF CODE OF CONDUCT .............................................................................................. 1<br />
1.1 OVERVIEW ............................................................................................................................................... 1<br />
1.2 BASIC STANDARDS OF CONDUCT ............................................................................................................... 1<br />
1.3 REPORTING .............................................................................................................................................. 2<br />
1.4 <a title="Code of Conduct (Revised 7.10.18) page 1" href="http://viewer.zmags.com/publication/e4b0b5ea?page=1"> CODE OF CONDUCT NOTE: Noth</a>
<a title="Code of Conduct (Revised 7.10.18) page 2" href="http://viewer.zmags.com/publication/e4b0b5ea?page=2"> CODE OF CONDUCT Table of Contents SECTION 1. </a>
<a title="Code of Conduct (Revised 7.10.18) page 3" href="http://viewer.zmags.com/publication/e4b0b5ea?page=3"> CODE OF CONDUCT SECTION 1. </a>
<a title="Code of Conduct (Revised 7.10.18) page 4" href="http://viewer.zmags.com/publication/e4b0b5ea?page=4"> • Be honest and trustworthy in all communicatio</a>
<a title="Code of Conduct (Revised 7.10.18) page 5" href="http://viewer.zmags.com/publication/e4b0b5ea?page=5"> If for any reason you are uncomfortable making a </a>
<a title="Code of Conduct (Revised 7.10.18) page 6" href="http://viewer.zmags.com/publication/e4b0b5ea?page=6"> • Corporate Opportunities. Board members, offi</a>
<a title="Code of Conduct (Revised 7.10.18) page 7" href="http://viewer.zmags.com/publication/e4b0b5ea?page=7"> • Serving on Outside Boards. Serving on a boar</a>
<a title="Code of Conduct (Revised 7.10.18) page 8" href="http://viewer.zmags.com/publication/e4b0b5ea?page=8"> Members of the Board of Directors of Calla</a>
<a title="Code of Conduct (Revised 7.10.18) page 9" href="http://viewer.zmags.com/publication/e4b0b5ea?page=9"> detailed policy entitled Compliance with United S</a>
<a title="Code of Conduct (Revised 7.10.18) page 10" href="http://viewer.zmags.com/publication/e4b0b5ea?page=10"> 3.5 Dealings with Government or Public Officia</a>
<a title="Code of Conduct (Revised 7.10.18) page 11" href="http://viewer.zmags.com/publication/e4b0b5ea?page=11"> 3.6 Employee Handbook Callaway Golf Company a</a>
<a title="Code of Conduct (Revised 7.10.18) page 12" href="http://viewer.zmags.com/publication/e4b0b5ea?page=12"> • Obtain environmental permits for any activity</a>
<a title="Code of Conduct (Revised 7.10.18) page 13" href="http://viewer.zmags.com/publication/e4b0b5ea?page=13"> Requests for special billing or payment procedure</a>
<a title="Code of Conduct (Revised 7.10.18) page 14" href="http://viewer.zmags.com/publication/e4b0b5ea?page=14"> learn at the Company, whether about the Company o</a>
<a title="Code of Conduct (Revised 7.10.18) page 15" href="http://viewer.zmags.com/publication/e4b0b5ea?page=15"> ♦ Using an overall look or design that is confu</a>
<a title="Code of Conduct (Revised 7.10.18) page 16" href="http://viewer.zmags.com/publication/e4b0b5ea?page=16"> • Make sure all international transactions are </a>
<a title="Code of Conduct (Revised 7.10.18) page 17" href="http://viewer.zmags.com/publication/e4b0b5ea?page=17"> • Use your access to individual employee, custo</a>
<a title="Code of Conduct (Revised 7.10.18) page 18" href="http://viewer.zmags.com/publication/e4b0b5ea?page=18"> • Be involved off the job with drugs or alcohol</a>
<a title="Code of Conduct (Revised 7.10.18) page 19" href="http://viewer.zmags.com/publication/e4b0b5ea?page=19"> APPENDIX 1 CONTACTS (Effective August 23, 2018) </a>
<a title="Code of Conduct (Revised 7.10.18) page 20" href="http://viewer.zmags.com/publication/e4b0b5ea?page=20"> Managing Director – Callaway Golf Europe & Presid</a>
<a title="Code of Conduct (Revised 7.10.18) page 21" href="http://viewer.zmags.com/publication/e4b0b5ea?page=21"> Team Manager, Business Planning – Callaway Golf K</a>
<a title="Code of Conduct (Revised 7.10.18) page 22" href="http://viewer.zmags.com/publication/e4b0b5ea?page=22"> Chief Executive Officer – travisMathew, LLC Travi</a>