Modern Slavery Policy for NRN Holdings Pty Ltd ACN 655 025 479

1. What is the purpose of this policy?

We will limit risks of modern slavery practices in our business and supply chain.

This policy supports our commitment and underpins our annual modern slavery statement (www.nrn.com.au/modern-slavery-policy).

2. Who this policy applies to?

This policy applies to you if you are involved in our business, including if you are an employee, director, labour hire staff, contractor, Energy Retail partner, Solar Retail partner, manufacturer, or any other representative of our business or of any business in our supply chain.

While this policy is not part of any contract you may have with us, you are expected to comply with it.

If you do not comply with this policy, we may end our business relationship with you and if you are an employee, you may be disciplined or dismissed.

3. What is modern slavery?

Modern slavery is depriving a person of freedom for commercial gain and in violation of fundamental human rights.

It describes situations where offenders use coercion, threats or deception to exploit victims and undermine their freedom. Modern slavery involves serious exploitation, not sub-standard working conditions or the underpayment of workers although this may be unlawful for other reasons.

Modern slavery can take many forms including:

1. Slavery - owning a person, trading in slaves or financing slave trading (i.e., human trafficking)
2. Forced labour - forcing a person to work by coercion or threats (and servitude is when that person’s freedom is significantly restricted)
3. Forced marriage - a marriage without free and full consent - e.g., due to lack of understanding or duress/coercion
4. Debt bondage – a person works to pay off a large debt, for an unlimited time or where the value of the work is not applied to the debt
5. Deceptive recruiting – a recruiter charges a fee for the job offer, confiscates identity documents, deceives a person about personal freedom or their ability to leave the job
6. Child labour - not always unlawful but not tolerated by us when it involves exploiting children, depriving them of education, making them work in unsafe working environments

Modern slavery can be complex and multi-faceted and can be difficult to spot.

4. What are indicators of modern slavery practices?

Modern slavery indicators may include where a person:

1. is not in possession of their own passport, ID or travel documents;
2. is acting as though they are being instructed or coached by someone else;
3. allows others to speak for them when spoken to directly;
4. is dropped off and collected from work;
5. is withdrawn or appears frightened or have physical indicators of slavery, such as injuries;
6. unable to contact friends or family freely;
7. has limited social interaction or contact with people outside their immediate environment;
8. story contains obvious errors;
9. acts with hostility or have difficulty in concentrating due to trauma;
10. has few possessions;
11. has little or no control over their finances or no access to a bank account, or they are being significantly overcharged for their accommodation; and
12. is living in a very poorly maintained and overcrowded place.

These indicators are not exhaustive and do not necessarily mean there are modern slavery practices. Sometimes there may be other reasons or circumstances that indicate that something is not right.

5. Why do we want to limit risks of modern slavery practices?

Limiting modern slavery practices makes good business sense, protecting our workers and our reputation.

It also supports us in assessing and addressing modern slavery risks as required by modern slavery legislation.

6. What are our responsibilities?

We will endeavor to:

1. prepare a modern slavery statement as required by Australian law;
2. identify and address modern slavery risks in our business and supply chain; and
3. take steps to raise your awareness of modern slavery risks, including by having this policy.

7. What are your responsibilities?

You must take all reasonable steps to ensure our business and supply chain is free of modern slavery practices.

However senior you are and regardless of your business relationship with us, you must pay close attention to the high-risk areas identified in our Modern Slavery Statement, particularly supply chain and outsourcing in jurisdictions without adequate safeguards.

Some areas of the business are likely to have more exposure than others, including procurement and sourcing, human resources, finance, risk, sustainability, projects, legal, and leadership.

Examples of specific responsibilities include:

1. participating in all training, including in this policy;
2. complying with this policy;
3. asking questions if you need clarification about this policy;
4. identifying modern slavery risks in your area of work and escalating them;
5. immediately reporting to your manager or other appropriate person (see section 9) if you suspect or know of a modern slavery practice;
6. participating in any investigation;
7. reviewing this policy regularly; and
8. reporting on risks and actions as required.

8. What will we do if there is a breach of this policy?

We may investigate any concerns or breaches of this policy and take appropriate disciplinary and remedial action, including reporting to authorities where required.

If you breach this policy, you may be subject to disciplinary action up to and including termination of your business relationship with us.

9. How can you report concerns or seek further guidance?

If you suspect or know of a modern slavery practice, you should immediately report it to your manager or other appropriate person.

You can also report concerns or seek further guidance by contacting the Compliance Officer or using our confidential reporting mechanisms.

10. How will we communicate this policy?

This policy will be communicated to relevant persons and made available on our website and intranet.

11. How will we keep this policy up to date?

We will review and update this policy as required, taking into account changes in the law, our business, and modern slavery risks.

You should check for updates regularly or when notified.