Annual General
Meeting

Economic risks – the business is exposed to general economic conditions. Specifically, there is a material risk in customer concentration, however, these customers are active with several separate projects across the business.

Environmental risks – there is no current material exposure to environmental risks, however, the Board monitors these risks and notes initiatives to lower the our carbon footprint where possible by using video and phone conferencing to reduce the extent of travel, and has over one million crowd workers that work from home using internet-based tools.

Social sustainability – there is risk associated with the engagement and conditions of crowd and remote workers to the extent that these workers may be incorrectly classified as employees and thus entitled to employee benefits. We have adopted a Modern Slavery policy in the UK and is in the process of codifying a global policy that incorporates our current practice of monitoring crowd and remote worker payment levels.

The Board notes that part of our business is in the area of artificial intelligence and as such, it continues to monitor the social, ethical, and political context in which we operate.

We have a number of Board endorsed policies and statements which focus on company culture including corporate governance statement, code of conduct, and diversity policy. We do not tolerate behaviors which are at odds with the Company’s culture and has taken action to address such behaviors, on the rare occasions that it is needed.

Our Corporate Governance Statement sets out how we meet or exceed the requirements of ASX Corporate Governance Council’s Principles and Recommendations.

The Board and the Board Audit and Risk Committee spend time on ESG issues which include employee and crowd pay rates, privacy, community projects, and, generally, the sustainability of the Appen businesses and business model.

We test our culture through employee annual surveys and root cause analysis of incidents or breaches.

We hope to foster a culture in which people feel comfortable reporting improper conduct. Our Whistleblower, or Speak Up, Policy is in place to ensure we conduct business legally throughout our global operations and jurisdictions. It enables reporting of dishonest, fraudulent, illegal, or otherwise improper behavior by our employees, contractors, partners, former employees, and other relevant stakeholders. Reports can be made anonymously and are completely confidential. We are committed to investigating any disclosures made.

We are committed to preventing acts of modern slavery and human trafficking from occurring within its business and supply chain, and impose the same high standards on suppliers, contractors, and other business partners.

We take our privacy responsibilities seriously. We take precautions to protect information provided to us and aim to be transparent about what information we collect and how we use it.

We are committed to the highest standards of ethical conduct, including a zero tolerance for bribery and corruption. This policy contains information and guidance intended to prohibit and prevent corruption and bribery from occurring in our activities.