Modern Slavery Statement

Introduction

This statement constitutes Aydya Group Limited's ("Aydya") anti-slavery statement and is made in accordance with S54(1) of the Modern Slavery Act 2015 which requires businesses to disclose the steps they are taking in order to prevent modern slavery in their operations and global supply chains. It sets out Aydya's efforts towards eradicating modern slavery and demonstrates its longstanding commitment to responsible and sustainable business practices which tackle forced or compulsory labour and encourage respect for human rights.

Organisation's Structure

Aydya is a successful and long-established consumer goods group based in Scotland. We operate multiple brands across various sectors, namely ION8 and AnySharp and we pride ourselves on producing high-quality award winning Red Dot products. Both have a global presence in online and physical retail and have gone on to generate substantial sales and become market leaders in their respective fields. Aydya was awarded the prestigious Queen's Award for Enterprise in 2021.

Supply Chain

Our relationships with our suppliers and partners are based on lawful, efficient and fair practices. We expect our suppliers to fully adhere to laws which require them to treat workers fairly and to provide a safe and healthy environment to work in. We will not knowingly use any supplier that uses forced labour and each supplier is carefully vetted to ensure that they comply with all laws regarding slavery and human trafficking in the countries in which they conduct their business.

We require our suppliers to adopt compliant working practices and they undergo an annual workplace conditions assessment which evaluates areas such as labour, wages, health and safety. Each supplier is required to pass their own independent audit which is carried out annually. Our supply chain team review said compliance reports and the global partners that we work with, conduct further annual audits and factory visits to ensure full compliance with ethical audit requirements.

Policies in Relation to Modern Slavery

Aydya is committed to ensuring that there is no slavery, forced labour or human trafficking occurring in our supply chains or any other part of our business. We expect our suppliers and partners to comply with the highest legal and ethical standards and to operate free from discrimination, slavery, forced labour and human trafficking.

We have a zero-tolerance approach to modern slavery and we are committed to acting ethically and with integrity in all our business dealings and relationships implementing and enforcing effective systems to ensure that human rights are of paramount importance.

Aydya encourages anyone with information regarding any breaches taking place at Aydya or anywhere in its supply chain to make a direct report using the appropriate reporting channels. Individuals are expected to report any such concerns and management is expected to act upon them promptly with appropriate investigation and remedial action to be taken.

Due Diligence

We believe firmly in the value of due diligence and the importance of getting to know our suppliers well in order to build long-term relationships based on trust and integrity. To this end we work collaboratively with our manufacturers in key countries which we have identified as 'high-risk' and key personnel schedule regular overseas visits at least annually. This is with a view to exploring and implementing additional standards and processes which may help manage risks within their organisations. If there is evidence of any failure to comply with our policy on anti-slavery, our initial strategy is to remedy the issue failing which, we reserve the right to terminate our dealings with any supplier and/or partner.

Training

To ensure that there is a high level of understanding of the risk surrounding modern slavery, in 2023 Aydya will be investing on educating key personnel with procurement responsibility on how to identify human trafficking and forced labour breaches.

This statement constitutes as Aydya's slavery and human trafficking statement. It has been approved by the Board of Directors at Aydya Group Limited who will review and update it annually.

November 2022