Unfortunately, slavery is not a thing of the past. Modern slavery describes not only the practice of humans owning other humans but also the exploitation and total control of people who are unable to leave at their own free will. The International Labour Organisation (ILO) estimates that 40+ million people are enslaved worldwide and 1 in 4 modern slaves is a child. We simply cannot look away. At Grundfos, we believe in the importance of freedom for all individuals and are fiercely committed to preventing modern slavery in all forms. We are not naïve. We acknowledge the grim realities and risks of forced labour, understanding that this journey will not be quick or easy. Modern slavery is a complex issue with complex causes and solutions. Still, together with suppliers, we are proactively working to increase transparency throughout our global supply chain because we believe that coordinated, international collaboration is one of the most powerful ways to eliminate this heinous practice. In the coming year, we will continue to improve oversight processes to identify and address gaps in our due diligence. The following statement gives a brief overview of additional concrete steps we are taking. Most sincerely, Pia Yasuko Rask Head of Engagement & Responsibility This report has been reviewed and signed by the board of Grundfos Group Companies in the United Kingdom. Peter Reynolds Mark Lister Gary Chance General Manager Grundfos Pumps Limited Plant Director Grundfos Manufacturing Limited Regional Sales Director – Europe Prevention of Modern Slavery - Progress Report 2018 | 2
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