Modern Slavery Statement

This statement is made pursuant to section 54 of the Modern Slavery Act 2015 (the "Act") and constitutes our modern slavery and human trafficking statement ("Statement") for the financial year commencing 1 July 2023 and ending 30 June 2024.

Modern slavery involves a wide range of illicit activities such as human trafficking, forced labour, servitude and slavery. The Group firmly condemns modern slavery and human trafficking and acknowledges the importance of complying with the Act.

The Group always operates in accordance with its core values and is committed to acting with integrity and fairness in all its business dealings and relationships. The Group continues to implement and enforce effective systems to ensure modern slavery does not take place anywhere in its own businesses or within those of its suppliers.

The Group specialises in multi-strategy trading and market making within the financial sector. To support the Group's trading business, the Group licenses trading data from stock exchanges and purchases IT software and hardware. Our supply chain is limited and mainly includes IT software and hardware providers, exchanges and clearing institutions, data providers and professional advisors.

The Group therefore considers the risk of modern slavery and human trafficking within its supply chain to be low. However, the Group is aware that it can happen in any sector of activity and expects its supply chain to adopt a zero-tolerance policy towards modern slavery and human trafficking.

The EGX Securities Ltd Entities employ 349 employees who are based in the UK, the Netherlands, Australia, Hong Kong and Singapore. Most of the Group's employees are highly skilled professionals so the likelihood of these individuals being at risk of modern slavery or human trafficking is low. All employees are employed on contractual terms that comply with applicable law, including those in relation to working conditions and pay. The Group also conducts robust background checks on prospective employees to help prevent unethical behaviour throughout its business.

The Group has the following policies in place to assist with the detection and prevention of modern slavery within its operations and supply chains:

While the EGX Securities Ltd Entities have not taken any new steps to tackle modern slavery risks this financial year, the Group continues to provide a training course on modern slavery to all employees through the Group's e-learning platform. The training is designed to educate employees on how to recognise signs of modern slavery. We believe that by promoting a bottom-up approach, the Group will help protect itself from any potential risks associated with modern slavery.