NBEL makes this statement pursuant to s.54 of the Modern Slavery Act 2015. Modern slavery refers to forced or bonded labour, deprivation of personal freedom and facilitating the movement of people for exploitation. NBEL has zero tolerance for the presence of any such behaviours in its business or supply chain. The Firm has implemented a suite of policies and procedures, including financial crime, anti-bribery, money laundering and whistleblowing, which allow for the detection of modern slavery or human trafficking. In addition, The Firm is a signatory to the United Nations Principles for Responsible Investment (“UNPRI”) and is a registered participant of the United Nations Global Compact (UNGC). Membership in these networks provides NBEL a voluntary framework for incorporating environmental, social and governance (“ESG”) principles into investment decision-making and ownership practices, as well as ensuring NBEL align their operations and strategies with UNGC’s principles around human rights, labour, the environment and anti-corruption.