EXHIBIT 11.1
EDAP TMS
CODE OF ETHICS
As an employee of EDAP TMS S.A. and/or its Subsidiaries (the “Company”), I will adhere to the following principles and responsibilities, as well as the Company’s other legal and compliance policies and procedures:
| • | Act with honesty and integrity, avoiding actual or apparent conflicts of interest involving personal and professional relationships; |
| • | Provide other officials and constituents of the Company with information that is full, fair, accurate, complete, objective, timely and understandable; |
| • | Comply, to the best of my knowledge, with rules and regulations of governmental entities as well as other private or public regulatory agencies to which the Company is subject; |
| • | Act at all times in good faith, responsibly, with due care, competence and diligence, and without any misrepresentation of material facts; |
| • | Act objectively, without allowing my independent judgment to be subordinated; |
| • | Respect the confidentiality of Company information, except when authorized or otherwise required to make any disclosure, and avoid the use of any Company information for personal advantage; |
| • | Share my knowledge and skills with others to improve the Company’s communication to its constituents; |
| • | Promote ethical behavior among employees under my supervision at the Company; and |
| • | Achieve responsible use of and control over all assets and resources of the Company entrusted to me. |
| • | Report violations of the Code to the Chief Executive Officer promptly if there are reasonable and objective reasons to believe this Code has been violated. |