Modern Slavery and Human Trafficking Annual Statement

1. Introduction

Skyports is committed to acting as a responsible business and employer. This includes seeking to ensure that slavery and human trafficking are not taking place in any part of our business or supply chain; and seeking to ensure that the companies with which we partner are similarly committed to ensuring that slavery and human trafficking are not taking place in any part of their businesses or supply chains.

This is Skyports’ first statement made under the Modern Slavery Act (MSA) 2015 and constitutes our modern slavery statement for the financial year ending 30 September 2021. This statement is intended to provide details of the steps we have taken as a business during the last financial year towards ensuring that slavery and human trafficking are not taking place in our organisation or in our supply chains.

2. Our business and supply chain

Skyports is a provider of infrastructure for electric vertical take-off and landing (eVTOL) aircraft and a leading provider of drone-based logistics services. The majority of our employees are located in the United Kingdom but our business is global, with operations across Europe, North America and Asia.

Our supply chain is predominantly UK-based with international components. Our procurement activity is centralised, with all significant purchase decisions authorised by our Chief Executive Officer or Chief Financial Officer.

3. Our internal policies and controls relating to Modern Slavery and Human Trafficking

Skyports internal policies include our equality, diversity and inclusion policy, our anti-bribery and corruption policy, and supplier code of conduct. These policies interlink and clearly state that we will not tolerate or condone any abuse of people’s human rights within any part of our business, including modern slavery and human trafficking. Suppliers found to be in breach of the supplier code of conduct will be terminated.

We also have a robust whistleblowing policy which has been extended to explicitly cover modern slavery and human trafficking; this is available to all our employees and accessible on our Company shared server. Any report will be referred immediately to our Chief Executive Officer and be fully investigated with appropriate corrective action taken.

4. Our due diligence process, assessment of the risk and steps we have taken to prevent Modern Slavery and Human Trafficking in our supply chain

We have reviewed our material suppliers and assessed whether we consider there to be particular risks of slavery or human trafficking in relation to any of these suppliers.

Broadly speaking our material suppliers fall into the following categories: technology suppliers, IT providers, business and professional advisers, travel and related expenses, recruitment and HR costs, and cleaning and property related services.

Our technology suppliers are international in nature and predominantly focused on highly technical products for advanced air mobility solutions. The majority of these suppliers are OEMs with minimal, if any, supply chains.

The business and professional advisers with whom we work are generally large international professional service providers with substantial offices or operations in the UK who are themselves subject to MSA. Our travel expenses typically relate to business travel and accommodation, generally with the supplier being national or international airlines or hotels. Our recruitment and HR providers are typically UK based and are themselves subject to MSA. In all of the above categories, we do not consider that our relationship with these suppliers give rise to material risks in respect of MSA.

We believe that, given the nature of the service provided, our relationship with IT, cleaning and property service providers could give rise to risks in respect of MSA. To seek to manage this risk we engage such suppliers on long term arrangements and use suppliers whom we consider to be reputable in the industry and we are now specifically looking to all material regular suppliers in these areas to confirm that their own business activities do not involve slavery or human trafficking.

This statement was approved by the Board of Skyports Limited.