'Our Policies, Processes and Procedures

Our vision and values of integrity, accountability, collaboration, excellence and service are integral to the way we operate our business.Our commitment to human rights is supported by policies and processes that identify, assess and mitigate risks of slavery and human trafficking. These policies include, but are not limited to:• Our Commitments• Workplace Conduct Policy• Human Rights Position Statement• Anti-Money Laundering and Counter-Terrorism Financing Policy• Supplier Code of Conduct• Environmental, Social and Governance (ESG) Lending Commitments• Responsible Investing Framework• Outsourcing Policy• Whistleblower Protection PolicyOur relevant processes and procedures include, but are not limited to the following:• We monitor and review the effectiveness of relevant internal policies and how these have been implemented across our business areas• We undertake supplier risk assessments and due diligence on proposed service providers• We have a range of policies and implement programs to support an inclusive workplace• Our employees and our suppliers have access to the Group’s SpeakUP hotline, an external telephone and email service staffed by independent consultants, providing an avenue for our employees, or our suppliers and their employees, to anonymously report or raise any concerns or suspected unethical or corrupt behaviour'

This information that is presented on the front page of the statement highlights that this is the change Commonwealth Bank has undergone in order to meet the UK Modern Slavery Act of 2015 .

The company does not specifically state that the above policies, processes and procedures were developed as a result of the Modern Slavery Act 2015 coming into force.