SCHRODERS IS LIMITED

Policies described

Freedom of workers to terminate employment Freedom of movement Freedom of association Prohibits any threat of violence, harassment and intimidation Prohibits the use of worker-paid recruitment fees Prohibits compulsory overtime Prohibits child labour Prohibits discrimination Prohibits confiscation of workers' original identification documents

Training described

Your whole organisation Human resources Executive-level staff Procurement staff

Worker engagement and working conditions

Your suppliers Workers within your organisation

Grievance mechanisms

Using anonymous whistleblowing services, such as a helpline or mobile phone app

Other monitoring

We engage with our people through a variety of channels including our regional and global Employee Forums. Our Global Employee Forum is chaired by the Senior Independent Director and meets regularly.

Demonstrated progress

We recognise that it is difficult to quantify outcomes and impacts of an approach to tackle modern slavery. Over time we will enhance our measurement of assessing the effectiveness of our approach and progress with smarter metrics. Some of these indicators may be more experience-based, including qualitative feedback, case studies or corrective actions. KPIs that summarise some of our activities and progress for 2023 are listed in our Modern Slavery Statement.

Reported risks and mitigations

• Risk: As an active investment manager, we recognise that we are linked to potential adverse modern slavery risks through our clients’ investment portfolios.
• Area: Clients' investment portfolios
• Group: Women Migrants Refugees Children
• Mitigation: Centralised tools help our investment analysts to look for evidence that companies are implementing policies and developing practices to manage labour standards, human rights and anti-corruption risks. Through constructive and committed engagement with management teams at the companies and assets we invest in, active ownership is a key element of the value we can bring to our clients. We seek to work with investee companies to address their overarching approaches to human rights.
• Risk: The clients that we provide financial services to may use our products and services for activities (or from proceeds) related to modern slavery.
• Area: Our clients' portfolios
• Mitigation: We carry out due diligence on the clients to whom we provide financial services. We will only provide financial services to clients who meet our Group Financial Crime Risk Appetite Statement. We ask several questions to check our clients are legitimate and validate this with independent information. We also screen our clients on an initial and ongoing basis against a range of leading databases, which include human rights and modern slavery indicators.
• Risk: We recognise the widely held view that most global companies will have modern slavery somewhere in their supply chain.
• Area: Within your supply chains
• Tier: Tier 1 suppliers Tier 2 suppliers Tier 3 suppliers and below
• Mitigation: We take a risk-based approach to the sourcing, onboarding and monitoring of our suppliers. We recognise the widely held view that most global companies will have modern slavery somewhere in their supply chain. We are committed to maintaining appropriate controls and monitoring to support prevention of any form of modern slavery taking place in our supply chain. Each year, we have evolved and enhanced our approach to supplier due diligence. We aim to work collaboratively with suppliers.