Our Code of Ethics and employment handbook reflect our commitment to ethical business practice and corporate citizenship. We are reviewing the Code of Ethics and other existing policies and procedures relevant to modern slavery and will develop and update these as necessary to reflect our policy commitments. We will ensure consistent messaging of these policies is distributed throughout our business and management at all levels, as well as in our supply chains.

DUE DILIGENCE AND STEPS TAKEN TO ELIMINATE RISKS

The nature and scale of our business is such that the risks of modern slavery are low. We have rigorous employment policies and practices and have no evidence to suspect that modern slavery is present within our supply chain.

Having assessed our supply chain, and given the nature and scale of our business and supply chains, we consider the risk of modern slavery is low. We have updated our procurement process to require suppliers to our UK business to provide information on modern slavery risks.

TRAINING

Employees are trained on an ongoing basis on topics relating to ethics and compliance. We will continue to identify ways to improve employee and supplier awareness of our efforts to eliminate modern slavery from our business and supplier chain, and will continue to keep abreast of information on global risks of modern slavery.

OUR EFFECTIVENESS IN ELIMINATING MODERN SLAVERY

We will periodically review the effectiveness of the measures we take in ensuring that there is no modern slavery in our supply chains, and we will use this to inform the development of our procedures and best practices. This Statement was approved by the Board of Directors of Albert Labs on the 1^st of October 2020.