Modern Slavery
Act Statement

Modern Slavery Act Statement 1

Modern Slavery Act
Statement 2023
Introduction
Egon Zehnder is the world’s preeminent leadership advisory firm, inspiring
leaders to navigate complex questions with human answers. As such, weare committed to ensure that all our interactions with clients, candidates,
employees, and suppliers reflect our values and respect for human rights.
We believe that everyone deserves to be treated with dignity and are proudthat our commitment has been rewarded with top marks in the Human Rights
Campaign Foundation’s 2022 Corporate Equality Index.
As we strive against any form of modern slavery, child labour, and humantrafficking, we contribute to our purpose “Leadership for a better world”.
Further details about our purpose and work towards promising leadership isavailable on our website.
This Modern Slavery Act Statement (hereinafter Statement) sets out our global
approach to modern slavery, covers the period from 1st November 2022 to 31st
October 2023, and serves as a joint statement of the reporting Egon Zehnder
entities as set out in Appendix I to this Statement.

Modern Slavery Act Statement 2Our company structure,operations, and supply chain
Our company structure and operations
Egon Zehnder is a leading privately held executive search and talentmanagement consulting firm that helps organizations get to the heart oftheir leadership challenges and offers honest feedback and insights to support
leaders with realizing their true being and purpose. With over 600 consultants,
working in 64 offices and 36 countries, we partner with the world’s greatest
leaders to help them succeed personally and professionally. We offer leadershipassessment and development services in addition to senior-level executive
search, board search and advisory, CEO succession, and familybusiness advisory.

Our supply chain
Within the professional services industry in which Egon Zehnder operates and aworkforce which comprises primarily highly skilled professionals, we consider
the risk of modern slavery in our supply chains as relatively low.
Our supply chains predominantly consist of providers of low-risk professional
support services or office facilities and supplies required for our employees’
work. The key components we source are:· Real estate: the offices we work from.
· Technology: such as IT hardware and software and print services that support
our business.
· Business services: the products that we buy into our offices, for example
furniture, stationery, and marketing items as well as the services that we use
in our offices such as catering, security and cleaning.
· Travel services: organising and booking our travel andaccommodation requirements.
· Professional services: such as external training services, external consultants
and contractors and legal support services.

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Our policies, assessment, andmanagement of risks
Our policies and practices
We remain committed to continually improving our policies and practices
related to modern slavery, as we have a zero-tolerance approach to any andall forms of discriminatory or exploitative behaviour and treatment, whether
within our own business or that of those who supply us. Our key policies andprocedures, which outline the steps that we have taken to mitigate the risks
associated with modern slavery, are set out below and reviewed on a regularbasis. Instances of non-compliance, in any form, will be addressed promptly.
Our Code of Conduct (CoC), which all employees of our firm must agree
to and acknowledge, sets out the conduct that we expect of our employees.
We endeavour to select our suppliers and evaluate them beyond the basis of
economic criteria, as we expect them to fully comply with applicable laws andto adhere to the standards incorporated in our CoC to the same extent.
Egon Zehnder has a zero-tolerance approach to slavery and human trafficking.
We hold our suppliersto the same high standards of social responsibility
to which we hold ourselves. Our Supplier Code of Conduct outlines to ourvendors our expectations regarding Modern Slavery and Human Trafficking.
Our suppliers are required to adhere to our Supplier Code of Conduct while
conducting business with Egon Zehnder. Our Supplier Code of Conduct:· Requires our suppliers to act ethically and with integrity;· Prohibits suppliers from using all forms of forced or compulsory labour,and from supporting any form of human trafficking or involuntary labour;· Requires suppliers to ensure fair employment and wages and prohibits
suppliers from using any form of child labour;· Requires suppliers to tolerate no physical violence, threats, corporalpunishment, mental coercion, verbal abuse, disrespectful behaviour, andbullying. Suppliers are also required to ensure their employees´ safety,well-being, and health.
We have a global procurement role within Egon Zehnder to further drive ourefforts in the development of an adequate process to on-board and integrate
our global supplier arrangements. This includes appropriate assessments ofany particular risks of modern slavery, child labour or human trafficking that
may arise within our organization or supply chains and whether it is necessary
and appropriate to roll out to relevant business functions any further training
in this area.

Modern Slavery Act Statement 4

Raising concerns
Our whistleblowing hotline, operated by an independent third-party service
provider, allows our employees and third parties to anonymously raise anyconcerns that they may have about any individuals or organisations that
Egon Zehnder interacts with, whether they be colleagues, clients, contractors,suppliers, or others. Any concerns shared with the service provider will besecurely reported to the designated board members and the General Counselof Egon Zehnder for further evaluation and investigation, as outlined in therespective section of our Code of Conduct. In 2023, in order to expand ourrisk monitoring activities and as part of our grievance mechanism, our global
whistleblowing line was made available to external stakeholders, so that ourclients, candidates and suppliers have an option to report possible illegal,
unethical, or improper conduct when the normal channels of communication
have proven ineffective or are impractical under the circumstances.

Assessment and management of risksWe operate predominantly in countries which have been assessed by theGlobal Slavery Index as having both a lower prevalence of modern slavery andactive government responses to dealing with the respective issues.
Upon continuous review of our supply chain, we can confirm that we have notbeen exposed to any specific risks of modern slavery, child labour or humantrafficking. However, in the unlikely event that such violations should occur,
we have internal grievance mechanisms in place to address such violations,and we will take appropriate action to ensure all parties involved comply withexisting laws and regulations as well as our CoC and adjacent policies.
We are committed to remaining vigilant regarding potential risks and wetake a consistently rigorous approach in preventing modern slavery, childlabour and human trafficking from occurring in any part of our organisationand our supply chain. Where necessary, we will strengthen and improve ourprocurement procedures and supplier contractual arrangements to ensure theeffectiveness of our commitment.
Egon Zehnder takes the following steps to ensure that the risk of slavery
and human trafficking is addressed in our business and supply chains:· We have examined the significant suppliers in our supply chain to identify
where we can most impactfully support fair labor practices and mitigate any
risk of slavery and human trafficking;· We assess commitment to eradicating Modern Slavery with new suppliers
for significant contracts by having them sign our Supplier Code of Conduct
which prohibits any form of modern slavery, human trafficking, and childlabor and asking them to fill in our supplier self-assessment form;

Modern Slavery Act Statement 5· We ensure that all breaches of our Supplier Code of Conduct are internally
escalated and managed accordingly;· We monitor suppliers in our supply chain with significant contracts for any
public issues regarding slavery and human trafficking;· We monitor all third-party contracts to ensure consistent application ofterms in relation to modern slavery, and we have a standardized approach tothe purchase of any goods and services. Where appropriate, we explicitly ask
contractors to agree to meet the relevant standards;· For smaller contracts, we have implemented supplier general terms andconditions for supply of goods and services which explicitly prohibit any
form of modern slavery, human trafficking, and child labor.

Effectiveness of risk management
In our financial year of 2022/2023, we undertook an audit of randomly selectedsuppliers, whereby no issues were identified, and neither remedial actions
were needed. This indicates that our identification, prevention, and mitigation
response to any modern slavery risks within our firm is appropriate.
During the next financial year, we will further assess our supply chains to ensure
we are aware of any heightened risks of potential modern slavery, child labourand human trafficking. Responsibility for ongoing monitoring and assessment
to detect and mitigate risks of modern slavery in our operations and supply
chains is jointly managed by a team of our business function leaders, including
our procurement, legal, HR and finance functions.

Consultation with Australian reporting entity
In Australia, we consulted members of Egon Zehnder’s local leadership andthe key local and global functions supporting our Australian reporting entity,
including finance, HR, procurement, and legal. This involved knowledge
sharing on human rights, including modern slavery compliance activities,
between employees from the Australian reporting entity and members of
the global Impact Team of Egon Zehnder. In addition, consultation was also
undertaken in relation to preparation of this statement.

Modern Slavery Act Statement 6

Further relevant information
As a professional services firm, people are our greatest asset at all levels of
the business.
As part of our People and Culture policies and procedures we only use reputable
recruitment firms and comply with all relevant local laws and regulations in all
our multiple country locations. We regularly review our recruitment proceduresand providers, as well as our arrangements for employee and contractor’swelfare by championing mental and physical wellbeing. All employees are paid
above the minimum wage in the local jurisdiction. We also have a dedicatedemployee assistance programme which is a life management and personal
support telephone service and is available to our employees 24 hours a day.
This is a confidential service which is designed to support mental, physical,social and financial wellbeing.
This statement constitutes Egon Zehnder’s modern slavery, child labour, andhuman trafficking statement for the financial year ending 31st October 2023
and was approved by Egon Zehnder Int. Pty. and Egon Zehnder Limited
on 01.12.2023.

Modern Slavery Act Statement 7

Appendix I
Reporting Egon Zehnder entities
This Modern Slavery Act Statement is made by:· Egon Zehnder International Pty., with its registered office at Level 10, 171
Collins Street, Melbourne, VIC 3000 Australia; and· Egon Zehnder Limited, with its registered office at Nova South, 160 Victoria
Street London, SW1E 5LB, UK (herein jointly referred to as Egon Zehnder),in accordance with the Australian Modern Slavery Act 2018 and the United
Kingdom’s Modern Slavery Act 2015.

DocuSigned by:

DocuSigned by:

41A758B36F5421...

9D3FD4E23569445...

Stefan Eisenhut

Cagla Bekbolet

General Counsel

Managing Partner Egon Zender Limited

DocuSigned by:

7799A0F09BCB46E...

Fiona McGauchieManaging Partner Egon ZenderInternational Pty.

Modern Slavery Act Statement 8