Modern Slavery Policy

Modern Slavery and Human Trafficking Statement

BPI is committed to preventing modern slavery and human trafficking in all areas of its business and supply chains. Modern slavery is a serious crime and a violation of fundamental human rights, and we operate a zero-tolerance approach.

We are committed to acting ethically, with integrity, and with transparency in all our business dealings, in line with our obligations under the Modern Slavery Act 2015.

Our Approach

Our Workforce

We maintain transparent and robust recruitment processes to protect against exploitation. This includes:

• Direct communication with all candidates
• Verification of identity and right to work
• Payment of wages directly to employees

These measures help ensure that slavery, forced labour, or human trafficking does not take place within our directly employed workforce.

Our Supply Chain

We recognise that the auction industry can involve complex supply chains with multiple participants. We expect the highest standards from all suppliers, contractors, and business partners.

All partners are required to:

• Comply with applicable laws and internationally recognised standards
• Prohibit forced, compulsory, or trafficked labour
• Ensure no individual is held in slavery or servitude
• Provide safe working conditions
• Treat workers fairly and without discrimination
• Prohibit child labour in line with the International Labour Organization standards

We expect our suppliers to apply these same standards within their own supply chains.

These requirements are supported through contractual obligations and are reviewed regularly, including at the point of contract renewal.

Due Diligence and Risk Management

We take a proportionate, risk-based approach to managing modern slavery risks. This includes supplier engagement, contractual controls, and ongoing review of our business relationships.

Where concerns are identified, we work with suppliers to improve standards. We reserve the right to terminate relationships where expectations are not met.

Training and Awareness

We provide training to relevant employees to ensure they understand modern slavery risks and how to identify and report concerns.

Our zero-tolerance approach is communicated to all suppliers and business partners at the outset of the relationship and reinforced as appropriate.

Speaking Up

We encourage openness and accountability. Anyone working with or for BPI is encouraged to raise concerns about modern slavery at the earliest opportunity.

We are committed to ensuring that no one suffers any detrimental treatment for raising a concern in good faith.

Governance

The Board of Directors has overall responsibility for ensuring this statement reflects our commitment to preventing modern slavery and that appropriate controls are in place across the business.