Corporate Governance - Business Policies
Security of Personnel and Company Assets
It is the policy of Pepco Holdings, Inc. and its affiliates (collectively, “PHI” or the “Company”) to provide security procedures and guidelines that protect personnel, prevent the loss of services to our customers, and restore those services as quickly as possible if they are interrupted. To that end, the Company has established this policy to protect its employees and assets from damage and to prevent any unauthorized use or release of Company assets, including confidential Company information.
It is Company policy that no employee or any other person working at the Company, regardless of employment status, may be in possession of firearms, weapons, explosives or other dangerous devices, regardless of intended use. This prohibition applies while on or near Company property or while in Company or personal vehicles, and/or while in the presence of Company employees or others working at the Company, regardless of employment status. The Company must authorize any exception (e.g., law enforcement support) to this provision.
Similarly, threats of bodily harm to co-workers or supervisors are prohibited.
The Company has the right to conduct searches of all property in use at Company facilities, including work sites. This includes personal property of employees and of all others working on behalf of the Company, regardless of employment status. This provision includes Company property (e.g., lockers, offices, vehicles, and equipment including personal computers owned by the Company) and personal vehicles and other personal property, including briefcases, gym bags, handbags and the like while on Company property. If an employee believes a search is warranted, he or she should contact his or her supervisor and Security prior to taking any action.
Employees, contractors, consultants, vendors and all others who work at PHI are expected to comply with this Security Policy for protection of personnel and Company assets.
