LNRS Data Services Limited (formerly Reed Business Information)
Directors' duties and Section 172 Statement
Section 172 of the Companies Act 2006 requires a director of a company to act in the way that he or she considers, in good faith,
would most likely promote the success of the Company for the benefit of its members as a whole. In doing this, section 172
requires directors to have regard to, amongst other matters, the:• likely consequences of any decisions in the long-term;• interests of the company’s employees;• need to foster the company’s business relationships with suppliers, customers and others;• impact of the company’s operations on the community and environment;• desirability of the company maintaining a reputation for high standards of business conduct; and• need to act fairly as between members of the company

In discharging our duties we have regard to the factors set out above. In addition, we have regard for other factors which weconsider relevant to a decision being made. Those factors, for example, include the interests and views of our parent company,
LNRS Data Services Holdings Limited, our ultimate parent company, RELX PLC, and the wider RELX group of companies(the “Group”). We aim to ensure that our decisions support the Group’s approved purpose, vision and values, together with its
strategic priorities.
As part of Board meetings held, Directors receive information on section 172 matters when making relevant decisions. For
example, in each year we make an assessment of the strength of the Company’s balance sheet and future prospects, and having
considered these, make a decision about the payment of a dividend. In 2020, we recommended no interim ordinary dividend forthe financial year ended 31 December 2020 (2019: £75 million). In making our decision, we considered a range of factors.
These included the long-term viability of the company; its expected cash flow and financing requirements; and the expectationsof our sole shareholder and its return on investment in the company.

In 2020, having monitored the development of the sector and noting the strategy of the Group which is focused on the continued
migration of business towards electronic delivery, and away from print method of delivery, the Board considered the sale ofcertain assets relating to print publications in the agriculture sector of our business. Following discussions about the proposedtransaction, the Board concluded that it supported both the Company’s and the wider Group’s strategy, and was the approach
which was most likely to deliver the best results in the long-term both for the Company and its stakeholders.
Many policies or processes which cover areas listed above are set and approved by the RELX PLC Board or central functions.
For example, the Company’s approach to Inclusion and Diversity, Corporate Responsibility, Employee Engagement, the internaland external audit of the Company and its financial reporting, are all set at that level and apply across the Group.
The Group operates a number of policies such as the RELX Code of Ethics and Business Conduct which sets out the standards
for our corporate and individual conduct and, among key issues, covers fair competition, anti-bribery, conflicts of interest andother information. The group also operates a Whistleblowing helpline which is a group wide approach which is aimed atreporting improperties within the workplace and reinforces the importance of this channel as a means to flag unethicalbehaviour. The Group also operates a zero-tolerance approach to modern slavery and human trafficking. The group is committed
to acting ethically and with integrity in all of our business relationships. We work closely with our business partners, suppliers
and supply chains to ensure there is no place for modern slavery and human trafficking in any area of our business. As part ofthis process we regularly review our processes and controls to prevent modern slavery and human trafficking. In addition, theGroup also operates a Supplier Code of Conduct which is available in 16 languages, which we ask suppliers to sign and display
prominently in the workplace. It commits them to following applicable laws and best practice in areas such as human rights,
labour and the environment.

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