Last updated: March 2026

Modern Slavery Statement

Our structure and business

Privasys is a technology company that has pioneered confidential computing solutions for hardware-attested application deployment. Our goal is to empower developers and organisations to deploy provably secure applications using trusted execution environments.

We are committed to ensuring that our business operations and supply chains are free from modern slavery, human trafficking, forced labour, and prison labour. This statement outlines our approach to identifying and addressing these risks.

Policies on modern slavery and human trafficking

Privasys has implemented a range of policies designed to combat modern slavery and human trafficking. These include:

  • Ethical Sourcing Policy: Our suppliers are required to comply with this policy, ensuring that they do not engage in forced labour, prison labour, child labour, or human trafficking.
  • Whistleblower Policy: Employees and stakeholders are encouraged to report any concerns related to modern slavery.
  • Code of Conduct: We expect our employees and suppliers to adhere to high ethical standards and uphold human rights.

Risk assessment

We map our operations and supply chains to identify regions, industries, or types of suppliers with a higher risk of modern slavery. This includes assessing factors like geography, industry sector, workforce demographics, and sourcing practices. Company-wide risk assessments are conducted regularly in line with compliance frameworks.

Due diligence

We conduct due diligence on our suppliers and partners to ensure compliance with our policies and relevant legislation. This process includes:

  • Supplier Review: Regular reviews are conducted to verify compliance with ethical standards.
  • Third-Party Assessments: We engage third-party organisations to assess our suppliers' practices.

Training and awareness

Privasys provides training to employees to raise awareness about modern slavery and human trafficking. This training covers:

  • Identifying signs of modern slavery
  • Reporting mechanisms for suspected cases
  • Company policies and procedures related to ethical sourcing

Commitment to ethical pay standards

At Privasys, we are committed to ensuring fair treatment and wages for all our employees and those within our supply chain. We strive to provide wages that reflect the cost of living and support a decent standard of living. This commitment forms part of our broader strategy to promote ethical labour practices and reduce vulnerabilities to modern slavery.

Internal accountability

As a company, we educate employees and senior management about the importance of legal compliance and ethical operations. Our Code of Conduct provides information about our responsibilities and is our guide for operating in an ethical manner. This Code of Conduct is applicable to all personnel as well as third-party suppliers.

Continuous improvement

We are committed to continuously improving our approach to combating modern slavery. This includes reviewing our policies, updating our risk assessments, and engaging with stakeholders to gather feedback and best practices.

Approval

This statement has been approved by the leadership team of Privasys Ltd.