Slavery and Human Trafficking Statement

At SaaScada, we are committed to achieving business excellence and long-term value through superior financial performance while managing our operations in a responsible and sustainable way and conducting our business with integrity, honesty and transparency, ensuring that we comply with applicable laws and regulation, honouring our stakeholders’ expectations and returning value to the society and the environment.

SaaScada’s policies and procedures are related to Fair Labour Standards and Respect for Human Rights throughout our operations and supply chain, while describing our efforts to address modern slavery. We take a strong stance against modern slavery and human trafficking and are committed to working collaboratively with our employees, contractors and suppliers to ensure an open, fair, equal opportunity and honest work environment, in which their fundamental rights and freedoms are respected.

Founded in 2016 and based in London, SaaScada is a leading in cloud-based banking software provider, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace. SaaScada offers a cloud native, cloud agnostic front office and core banking platform enabling banks to deliver consistent, frictionless customer journeys and gain operational excellence. As a company, our business focuses on providing IT solutions and services, relying in some instances on the sourcing of finished products, services and consultants for the delivery of our projects.

The suppliers that are critical for our business are defined as follows:

Responsible and sustainable sourcing is a material issue for SaaScada. We build and maintain relationships with both small local suppliers as well as large international suppliers who adhere to our business principles, while encouraging our suppliers to develop their own responsible practices.

SaaScada has adopted a risk-based approach to identify high-risk suppliers, identifying the areas where sustainability challenges are most likely to occur and working with its suppliers towards continual improvement.

SaaScada working practices

The SaaScada working practices are the foundation of our commitment to ethical business practices and legal compliance. These practices define business conduct everywhere we operate and provide guidance in addressing the business, legal and ethical issues encountered while performing daily work or making decisions on behalf of SaaScada. It applies equally to full-time, part- time, temporary employees and contractors globally.

We have aligned our working practices with the ten principles of the United Nations Global Compact on the four issue areas of Human Rights, Labour, Environment and Anti-Corruption, as well as the OECD Guidelines for Multinational Enterprises. We reinforce our commitment to respect and support the values of the Universal Declaration of Human Rights, the OECD Guidelines for Multinational Enterprises and the International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work by integrating human rights considerations into our business operations.

We respect government policies in the countries where we operate, while seeking ways to honour these global principles and our commitments strongly align with the United Nations Sustainable Development Goals.

SaaScada is committed to creating an open, fair, equal opportunity and honest work environment where all employees are treated with respect and courtesy in an inclusive, productive and safe work environment.

The work environment at SaaScada is free of any type of harassment based on race, religion, national origin, colour, gender, age, marital status, sexual orientation or disability or any other personal traits or characteristics that are not work- related. We condemn forced or compulsory labour practices. We comply with local minimum age laws and requirements and do not employ children. Any behaviour contrary to this principle will not be tolerated whether it is coming from an employee, client, partner, or supplier.

SaaScada is UK based company although our business is subject to the laws of many different countries. In order to conduct our business on a daily basis, we interact with a variety of stakeholders. We are committed to interacting with stakeholders in a respectful, ethical manner and in compliance with all the local and international laws of the countries we operate in.

Our continued commitment to ethical business practices and legal compliance is reviewed annually.

CSR and Ethics Governance

We have integrated responsibility into our organisational structure and corporate governance, by ensuring that Board is responsible for the adherence and oversight of our processes. The purpose of this is to oversee management’s efforts to foster a culture of sustainability, responsibility and ethics within the company.

The Board regularly discusses on CSR and Ethics matters.

Grievance Mechanism

It is our responsibility to communicate with our employees and build controls to prevent and detect unethical and non-compliant conduct; when we identify or learn of concerns or improper conduct, we investigate them fully and take appropriate action to remediate.

SaaScada and its management are committed to promoting and maintaining the highest ethical standards in all our work, and ensuring that where problems are identified they are resolved quickly.

Preventing retaliation is critical for SaaScada. We maintain and communicate an open-door policy and strictly prohibit retaliation against complainants who raise a compliance concern in good faith.

Supply Chain

SaaScada’s suppliers are expected to adhere to the high standards of ethical behaviour and regulatory compliance and comply with all applicable statutory and other regulatory requirements. They are also encouraged to communicate any concerns they might have related to a possible breach.

At SaaScada, we constantly seek opportunities to raise awareness among employees, contractors and suppliers on aspects of responsible business, including human rights. Training about slavery, human trafficking and human rights as a whole is part of the compulsory training that all relevant employees and contractors have to take when joining SaaScada and to repeat annually during their employment with SaaScada.

As an International business, we understand the responsibility that comes with that role and we are committed to working with our employees, contractors and suppliers to build sustainable business relationships, based on Fair Labour Standards and Respect for Human Rights. Preventing modern slavery requires collaboration, persistence, ongoing due diligence and continuous improvement.

In addition, SaaScada complies with all applicable export control laws and sanctions worldwide when conducting business around the world.

Assessment and Management of Risks

We have integrated responsibility into our policies and processes, our business planning, measurement and reporting systems, our management practices, decision-making and governance; in other words, into the way we operate. We respect and support the values of the Universal Declaration of Human Rights, the OECD Guidelines for Multinational Enterprises and the International Labour Organization’s (ILO).

Risk management is an integral part of the business process. Regular risk assessment is performed and key risks are reviewed by the Board. We work with a systematic, risk- based approach, while also having introduced effective audit mechanisms for identified cases of high-risk suppliers, as well as grievance mechanisms for both employees and suppliers on procurement issues. Sustainability assessments are part of the new supplier selection process and the annual supplier performance and risk assessment activities. We encourage our suppliers to develop responsible practices.

Employees work only with company approved suppliers and partners, avoid all forms of one-sided preferential treatment of a supplier.

SaaScada measures the effectiveness of the steps taken to ensure that modern slavery is not taking place in our operations and suppliers through regular reporting and dialogue with all stakeholders.

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