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Modern Slavery Statement 2021

This statement is made in accordance with section 54(1) of the Modern Slavery Act 2015 and constitutes Retail Logistics Excellence – RELEX Oy (RELEX) Modern slavery statement for the fiscal year, which ended on December 31, 2021.

At RELEX, we are committed to ensuring that modern slavery and human trafficking will not be tolerated within our business or supply chain. We also expect that all our business partners and suppliers act in a manner that is consistent with our principles and adhere to ethical business conduct.

Our business and organisation structure

Founded in 2005, RELEX is a leading provider of cutting-edge retail optimisation software built for the age of Living Retail, with its headquarters in Helsinki, Finland. At the end of 2021, RELEX had over 1400 employees with offices in 15 countries across Europe, North America, and Asia-Pacific. Our practices are governed both at a global and local level.

In the United Kingdom, RELEX has two legal entities – RELEX Limited (Registered number GB-137247217) and RELEX Solutions UK Limited (Registered number 03522094). RELEX’s business in the United Kingdom includes sales from parent company RELEX Oy.

Our policies in relation to slavery and human trafficking

We are committed to ensuring no modern slavery or human trafficking in any part of our business, including employment practices and supply chains.

RELEX Supplier Code of Conduct outlines our expectations for suppliers and other counteragents concerning human rights, reflecting our zero-tolerance to modern slavery and any kind of child labour or exploitation of children and youth.

The Supplier Code of Conduct requires that suppliers comply with all applicable laws and regulations governing employment rights, hiring, health and safety work environments, forced and/or child labour and equal opportunities.

RELEX Code of Conduct clearly reflects that we are committed to respecting internationally recognised human rights in all our operations and promoting them in practice. The Code of Conduct, approved by the RELEX Board of Directors, states our expectation that all our partners, contractors, suppliers and employees are committed to adhering the fundamental human rights. At RELEX, each employee must complete legal and ethical compliance training and pass an assessment to demonstrate their awareness.

Our Supply chain

At RELEX, we conduct risk assessments and perform due diligence on selected suppliers. We also monitor supplier performance and implement corrective action plans if needed.

Our services and software products are created and provided by our employees, who are legitimately employed. When we engage partners to deliver and implement our services or buy services or products for the third-party suppliers, we ensure that they are reputable organisations from countries with analogous legal systems dedicated to the same values. We enter into contracts with suppliers with specific obligations to comply with applicable laws and regulations. The relationship may eventually be terminated if the supplier does not demonstrate enough effort to improve. Based on a risk assessment approach or for the key suppliers, we may conduct a due diligence assessment. We also monitor supplier performance and potential risks in our supply chains and may implement corrective action plans if needed. To date, we have not experienced any breaches of the RELEX Supplier Code of Conduct related to modern slavery and human trafficking.

We adhere to continuous improvement and development of internal compliance processes, including identifying and assessing potential risk areas in our supply chains and mitigating the risk of modern slavery and human trafficking occurring in our supply chains.