Code of Ethics and By-Laws


As a pillar of the governance system which regulates the decision-making processes and operating approach of the Group and its employees, World Duty Free Group´s Board of Directors believes in the importance of clearly defining the values and principles that guide the group´s activities – both within and outside the Company – so as to ensure that all Company activities are conducted in compliance with applicable regulations, in a context of fair competition, honesty, integrity and good faith, and in conformity with the legitimate interests of all stakeholders with whom WDFG interacts on a daily basis: shareholders, employees, suppliers, customers, commercial and financial partners, local communities and institutions of the countries in which WDFG operates.

All directors, officers and employees of the Company are expected to be familiar with the Code and to adhere to those principles and procedures set forth in the Code.

Download Code of Ethical Conduct



Created to define the main characteristics and purpose of the Company, as well as the primary rules for its organisation and management, corporate by-laws describe the system of governance and set out the criteria adopted for the composition and division of powers attributed to the corporate bodies and the relationship between those bodies.

Download Corporate By-laws