Modern Slavery Act Statement 2021

Introduction

Imagination Technologies Group Limited and its group companies (together “Imagination”) are committed to the highest standards of professionalism, ethical behaviour and integrity in everything we do, including contributing to the wellbeing of communities around the world, especially where we operate. We remain committed to opposing modern slavery in all its forms, and do not tolerate it either within our business itself or within our supply chain.

During the year ended 31 December 2020 we assessed the risk of modern slavery to workers in our business and supply chain. We are committed to continuous improvement of our processes to ensure we remain vigilant and mindful of engaging in activities to prevent human trafficking, slavery, servitude, and forced, compulsory, or involuntary labour in our operations and within our supply chain.

Our business

Imagination Technologies Group Limited is the parent company for the Imagination business. The primary business is the creation and licensing (as Intellectual Property) of market leading processor solutions for graphics and vision & AI processing. This means that we have a limited supply chain but we source goods, materials and services from third party suppliers which include:

• IT equipment, marketing material, office supplies, couriers, waste, recycling, utilities, recruitment, professional and training services, and building services.

Our licensees include many of the world’s leading semiconductor, network operator and electronics OEM/ODM companies. Further information about the Imagination business can be found on our website.

Our people

We employ highly skilled people and therefore we consider the risk of modern slavery occurring within our business to be low. We do have offices in other regions, including, but not limited to Taiwan, Poland, Japan and Australia, with remote home working employees based in other European locations and US. We have taken care to ensure that the same degree of care is exercised in those jurisdictions to guard against modern slavery.

We are committed to acting ethically and with integrity in all our business dealings and relationships and have a Code of Conduct Policy which supports our actions. We are also committed to transparency in our business, in our approach to modern slavery, and to implementing and enforcing systems and controls designed to ensure modern slavery is not taking place in our business or in any of our supply chains.

Our supply chains and due diligence processes

We will only source goods and services from reputable suppliers that we believe operate in compliance with the Modern Slavery Act 2015, and where necessary we will take active steps to ensure compliance.

If we have concerns or suspicions of human rights or labour rights violations (including those relating to slavery and human trafficking) in our supply chain, we will require our suppliers to promptly clarify and remedy those concerns.

We comply with all applicable employment law relating to employee terms and conditions, including pay within the geographical locations of our employees, and are committed to following our core values in connection with our people.

How we are seeking to reduce any risk

To initiate the process of identifying and assessing any actual or potential involvement in modern slavery in our supply chain we have considered factors that might indicate a high risk, including the location from which services are provided or goods are manufactured and the sectors or activities which present a high risk of modern slavery.

Given the highly specialized nature of our industry and our careful selection of reputable suppliers, we believe our supply chain has relatively low levels of slavery and human trafficking risk. However, we remain vigilant and continue to improve our compliance monitoring and verification, especially in selecting new suppliers.

Where appropriate we will take further steps to combat slavery and human trafficking through:

• Implementing targeted training on the risks the business faces from modern slavery in our supply chain. This includes raising awareness and understanding of potential risks and how to manage those risks across relevant business functions.
• Refusing to deal with suppliers who do not demonstrate commitment to oppose modern slavery in all its forms.
• Assessing the modern slavery risks in lower tiers of our supply chain.
• Actively encouraging our employees to report any concerns or issues they identify during their dealings within Imagination and the supply chain which might give rise to concerns about modern slavery and/or human trafficking.

Further steps

We have a number of other policies which support the initiatives taken by Imagination to combat slavery and human trafficking, these include a Whistleblowing Policy, Anti-Bribery, Corruption and Fraud Policy and a Code of Conduct.

This statement was approved by the Board of Directors on 15 January 2021 and is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes Imagination’s slavery and human trafficking statement for the financial year ended 31 December 2020.

Signed for and on behalf of Imagination by: