MODERN SLAVERY ACT STATEMENT
IDENTIFY THE REPORTING ENTITY This statement is made by Synechron, and its relevant subsidiaries*, all collectively hereinafter referred to as “Synechron”, “the Company”, or “us” pursuant to the Modern Slavery Act 2015 in the UK and the Modern Slavery Act 2018 of the Modern Slavery Act 2018 (Cth) in Australia, for the financial year ending 31 March 2026. Synechron is committed to uphold human rights and the steps we have undertaken to seek to ensure that slavery and human trafficking do not occur within our business or our supply chain.
For the purposes of the UK Modern Slavery Act 2015, this statement applies to Synechron Limited. For the purposes of the Australian Modern Slavery Act 2018 (Cth), this statement applies to Synechron Australia Pty Ltd and the Australian entities listed below.
In preparing this statement, we have consulted with functions within, or centralized group functions which support, all relevant subsidiaries. This was carried out through discussions relating to modern slavery risks, implementation of relevant policies and processes within these entities, as well as by means of direct input into this document.
Accordingly, our consultation with the individuals within these functions constituted consultation with each of the relevant subsidiaries.
*For the purposes of the UK Modern Slavery Act 2015, the relevant subsidiary is Synechron Limited. For the purposes of the Australian Modern Slavery Act 2018, the relevant subsidiaries are Synechron Australia Pty Ltd, Synechron Global Pty Ltd, iGreenData Pty Ltd, Synechron Enterprise Pty Ltd (Formerly known as Chamonix IT Management Consulting (SA) Pty Ltd), Chamonix IT Consulting (QLD) Pty Ltd (Dissolved w.e.f. 08/07/2026) and Synechron Data Australia Pty Ltd (Formerly known as Expose Data Pty Ltd).
STRUCTURE AND OPERATIONS AND SUPPLY CHAIN
Synechron is an information technology and consulting company providing digital transformation services to various industry including, but not limited to, financial service industry, capital markets, insurance, banking, cards & payments, digital and technology firms etc. We have been at the forefront of disruptive technologies such as cloud computing, digital banking, internet-of-things, Blockchain, robotic process automation, and artificial intelligence. Synechron is a value-driven company, delivering industry-leading digital solutions to transform and empower businesses. We aspire to meet high professional, legal, and ethical standards.
Whilst we consider the risk of modern slavery in our directly employed professional workforce to be low, we recognise that certain parts of our supply chain, may present higher modern slavery risks and require risk-based due diligence.
Synechron operates in Australia across Sydney, Melbourne, Adelaide and Brisbane. Synechron operates globally across 23 countries with approximately 16,000 employees worldwide.
Synechron supports the elimination of all forms of forced & compulsory labour, and the effective abolition of child labour, in line with internationally proclaimed human rights including the International Bill of Human Rights and the principles concerning fundamental rights in the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work. We seek to ensure that there is no modern slavery or human trafficking occurring in our supply chains or in any part of our business.
Synechron Australia Pty Ltd and Synechron Ltd are part of a same corporate group. Synechron Australia Pty Ltd owns and controls the following Australian entities: Synechron Data Australia Pty Ltd (Formerly known as Expose Data Pty Ltd), Synechron Enterprise Pty Ltd (Formerly known as Chamonix IT Management Consulting (SA) Pty Ltd), Chamonix IT Consulting (QLD) Pty Ltd (Dissolved w.e.f. 08/07/2026), Synechron Global Pty Ltd and iGreenData Pty Ltd.
We have classified our suppliers into three major categories:
- Suppliers of workforce: This covers our contractors who work on our campuses/client projects and support our business globally.
- Suppliers of Services: This covers our vendors who provide essential services such as (catering, food and beverage counters, transportation, facilities & administration) on our campuses.
- Suppliers of Goods: This covers our partners who supply products (such as IT hardware, software, electronic equipment, furniture, stationery) to us.
Our supply chain is global in nature. Our suppliers are located across the globe in regions where we have office locations, i.e. APAC, India, North America, EMEA, Australia, etc.
RISK ASSESSMENT AND MANAGEMENT
Risks within our business
We operate in the professional services sector, and while we do not consider this to be a high-risk industry for modern slavery practices, we nevertheless continue to be mindful of the possible risks and implement appropriate measures to combat these.
Management of Risks associated with business (including Diligence Undertaken)
Recruitment of staff: As part of our recruitment process for employees and partners, we carry out checks prior to any person joining our Company. Our Recruitment team looks for potential red flags for modern slavery and follows up on any irregularities which may indicate that there is an issue. The pre-screening of individuals is carried out by a specialist independent screening provider, who performs certain checks as legally permissible and applicable which may include identity checks, reference checks, right to work checks, criminal record checks, education and professional qualification checks. We also perform background checks in relation to contractors that we work with, which helps reduce the risk of modern slavery in this context.
Fair pay for staff: We are committed to ensuring that all of our people are paid fairly. We ensure that all of our employees are paid at least the applicable minimum wage. We also seek to ensure that all staff of our suppliers who provide on-site services in our offices are paid at least the minimum wage, including those in cleaning and maintenance services, which we have identified as areas of our supply chain that are at a higher risk of modern slavery.
Training: We provide information and awareness training to our staff on modern slavery risks, their obligations under this statement and how to identify and report potential indicators of modern slavery. All staff are required to immediately notify management of any actual or suspected modern slavery which may be in breach of our policies.
Risks within our supply chain
As a Company in the professional services sector, we consider that our most significant risks in relation to modern slavery relate to our supply chain. We are therefore focused on working with our suppliers to seek to ensure modern slavery plays no part in their business.
ACTIONS TAKEN TO ASSESS AND ADDRESS RISKS
Evaluating suppliers
As part of our responsible supply chain efforts, we undertake the following:
- We have established and implemented the Vendor Code of Conduct for our suppliers/vendors in the conduct of their business activities.
- We circulate a questionnaire, which includes questions on compliance of human rights and prohibition on child labor by the suppliers/vendors, prior to onboarding suppliers/vendors. To the extent that the supplier does not comply with the human rights and prohibition on child labour provisions, we terminate the onboarding process and do not work with that supplier/vendor.
- Our Vendor Code of Conduct requires our suppliers to comply with applicable local laws which includes compliance with the modern slavery laws. We seek to build long-standing relationships with local suppliers and make clear our expectations of business behavior.
- We always strive to ensure that slavery and human trafficking is not taking place within the operations of our business partners and do not tolerate such activities if discovered in our supply chain. For example, we prohibit our suppliers from withholding the immigration documents (like passport, visa, work permit, employment authorization document etc.) of their workers.
- Our payments to the suppliers/vendors are always as per the stipulated minimum wages as per local laws. We undertake checks to comply with the requirements of local law in our supply chains.
We have the channels in place that allows our employees to raise concerns relating to potential violations of laws and the Company’s policies Where actual or suspected modern slavery practices are identified, Synechron will investigate the matter, consider appropriate remediation steps, work with the relevant supplier or business partner where appropriate, and may suspend or terminate the relationship if the issue cannot be adequately addressed.
POLICIES AND PROCESSES
We seek to ensure that there is no modern slavery or human trafficking in our supply chain or in our business. Our internal policies, which are available to our employees in the UK and Australia, reflect our aims to act ethically and with integrity in all our business relationships and to implement and enforce effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chain. We have a formalized Code of Business Conduct and Ethics policy that is available on our company’s intranet portal which lay down the expectations that we have from our employees, which includes compliance with the applicable laws, rules and regulations.
We have also established and implemented the Vendor Code of Conduct for our suppliers/vendors in the conduct of their business activities globally. This Code implements a framework for our suppliers/vendors which include legal and regulatory compliance, ethical business practices, labor and human rights compliance, sub-contractor and supply chain management, health and safety measures, environmental sustainability, privacy and data security, supplier diversity, prohibition on gifts and donations, use of Synechron assets and monitoring & audit rights. We do not engage child labour (as defined by the International Labour Organization) at any of our workplaces through any form of work. We do not forfeit any immigration documents (like passport, visa, work permit, employment authorization document etc.) which are required by an employee to perform his/her duties at offsite workplace locations.
Modern slavery is a crime resulting in an abhorrent abuse of the human rights of vulnerable workers. Modern slavery includes any conduct that constitutes modern slavery under the Modern Slavery Act 2018 in Australia and the Modern Slavery Act 2015 in the UK, and can take various forms, such as slavery, servitude, forced marriage, trafficking in persons, forced or compulsory labour and human trafficking.
Indicators of modern slavery may include excessive working hours, isolation, abusive working conditions and underpayment, no payment or withholding of payment of wages.
Synechron has a zero-tolerance approach to modern slavery and is committed to acting ethically with integrity and transparency in all business dealings and relationships, consistent with its obligations under the Modern Slavery Act 2015 and Modern Slavery Act 2018.
These expectations apply to all individuals working for us or on our behalf in any capacity, including employees, directors, officers, agency workers, volunteers, agents, contractors, consultants and business partners. We also expect the same high standards from all of our suppliers, contractors and other business partners.
ASSESSING EFFECTIVENESS
Modern Slavery is a complex challenge which requires ongoing, evolving and continually improving efforts. We remain committed to continually improving our practices to ensure that there is no modern slavery or human trafficking in our supply chains or in any part of our business.
Synechron makes sure that our vendors and supply chains are free from any modern slavery and human trafficking.
- Synechron has Vendor Code of Conduct that sets out the principles and standards of conduct expected from all vendors, suppliers and contractors, that provide products or services to Synechron.
- Synechron is committed to preventing modern slavery and human trafficking in its business operations and supply chains. We recognize that modern slavery takes many forms, including forced labor, human trafficking, debt bondage, and other forms of exploitation that violate human rights.
- Providing information to support staff on our campuses on their rights, including relating to sexual harassment.
- Vendors are made aware of Synechron’s Code of Conduct and our stand on Human Rights and Modern Slavery at the time of pre-onboarding check /screening vendors. Vendors have to acknowledge our Code of Conduct as part of our onboarding process.
- Suppliers are audited periodically for compliance and an annual awareness programme is conducted.
We will continue to identify ways to improve employee and supplier awareness of our commitment to respect human rights and efforts to prevent modern slavery and human trafficking.
For the purposes of section 54 of the UK Modern Slavery Act 2015, this statement was approved by the Board of Directors of Synechron Limited on 30th September, 2026 and signed by a director on behalf of the Board. In accordance with section 13 of the Modern Slavery Act in Australia, this statement was approved by the Board of Synechron Australia Pty Ltd (as a parent company of Synechron Global Pty Ltd, iGreenData Pty Ltd, Synechron Enterprise Pty Ltd (Formerly known as Chamonix IT Management Consulting (SA) Pty Ltd), Chamonix IT Consulting (QLD) Pty Ltd (Dissolved w.e.f. 08/07/2026) and Synechron Data Australia Pty Ltd (Formerly known as Expose Data Pty Ltd) on 30th September, 2026.
This statement will be published on Synechron’s website and made available through an appropriate link on the website homepage where required by applicable law.
Faisal Husain
Director of Synechron Ltd and Synechron Australia Pty Ltd