Modern Slavery Statement

Opening Statement from the Chief Human Resources Officer

This statement is made pursuant to Section 54(1) of the Modern Slavery Act 2015 and sets out the steps the Company has taken during the financial year from 1 January 2025 to 31 December 2025 to ensure that slavery and human trafficking are not taking place in our supply chains or in any part of our business.

Slavery and human trafficking is a hidden blight on our global society. We all have a responsibility to be alert to the risks, however small, in our business and in the wider supply chain. Our colleagues are expected to report concerns and management are expected to act upon them.

PrePay Technologies Limited is dedicated to preventing modern slavery and human trafficking from taking place within its business and supply chain. We adopt a zero-tolerance approach to slavery and human trafficking in all forms throughout the organisation, which extends to our supply chains. This includes rigorous employment vetting and due diligence when selecting and approving suppliers. As part of our zero-tolerance approach, any risk with a supplier will result in no further work being offered to related suppliers.

Our Commitment

 We are committed to ensuring that there is no slavery, servitude, forced or compulsory human labour, abuse of power over vulnerable individuals, human trafficking or any other form of exploitation as contemplated by the Modern Slavery Act 2015.

Structure and Supply Chains

PrePay Technologies Limited is a wholly owned subsidiary of Edenred SE. The Edenred Group is the world’s leading digital platform for services and payments. Edenred’s business base is spread evenly among developed and emerging markets. PrePay Technologies Limited employs circa 500 people in the UK. The following weblink provides more information regarding the nature of our business www.paytech.edenred.com 

The nature of our business requires that we work in conjunction with a range of affiliates, suppliers and partners and we uphold the expectation to commit to all relevant legislation with all our suppliers.

Our Policies relating to Slavery and Human Trafficking

PrePay Technologies Limited’s internal policies include our Human Rights Policy and our Charter of Ethics where we confirm our zero-tolerance approach to modern slavery; and which reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chains.

These policies are supported by our Whistleblowing Framework, which encourages and provides clear guidance on raising concerns in confidence relating to any wrongdoings which extends to slavery and human trafficking. Our Whistleblowing Framework is supported by an external, confidential reporting hotline which enables employees of the Group to raise concerns in confidence. All reports received via our Whistleblowing Framework will be fully investigated and where appropriate, remedial actions taken.

The following further policies exist within our organisation, which demonstrate our opposition to modern slavery:
•    Edenred Charter of Ethics
•    Edenred Human Rights Policy
•    Edenred Group Vigilance Plan
•    “Ideal”: Our CSR Policy
A copy of these polices are available on www.edenred.com 

Due Diligence Processes Relating to Slavery and Human Trafficking

We ensure that relevant suppliers are aware of the relevant policies pertaining to the product area/service provided and encourage them to adopt the same high standards.

As part of our efforts to monitor, manage and reduce the risk of slavery and human trafficking occurring within our business or supply chains, we adopt the following due diligence procedures:

•    Identify, monitor, and manage areas of potential risk in our business and supply chains
•    Scrutinise any identified areas of risk within our business and supply chains
•    Provide support and protection from detriment or disadvantage to any person who, in the public interest, raises genuine concerns amounting to a protected disclosure

Risk and Compliance

Our organisation regularly evaluates the nature and extent to which our business and our supply chains are exposed to the risk of modern slavery occurring. The following list of risk management activities and procedures demonstrates our commitment to compliance:

•    Rigorous Employment Vetting
•    Due Diligence on all suppliers
•    Obligations to Partners to comply with all relevant legislation

In the UK, we do not consider that we operate in high-risk sectors or locations. Where we have identified a potential risk, we prioritise this risk and take appropriate action to put remedial measures in place. No further work would be offered to related suppliers, following discussions of apparent related acts/omissions by the supplier. 

Key Performance Indicators (KPIs)

We use the following key performance indicators (KPIs) to measure how effective we have been to ensure that slavery and human trafficking is not taking place in any part of our business or supply chains: 

•    Use of labour monitoring and payroll systems; and
•    Level of communication and personal contact with next link in the supply chain and their understanding of, and compliance with, our expectations
In order to assess the effectiveness of the measures taken by PrePay Technologies Limited we are, or will be reviewing:
•    Investigations undertaken into reports of modern slavery (including any concerns raised under our Whistleblowing Framework) and remedial actions taken in response; and
•    Staff training levels, including a review of the current Charter of Ethics signing 

Training

We ensure all employees and Leadership are aware of the risks of modern slavery and human trafficking in our business and supply chains. All employees are required to complete our Charter of Ethics training as part of their induction.

Further Steps

We will continue to undertake training of employees, particularly those directly involved in engaging suppliers, to ensure they understand and comply with the supplier contract management framework.

Cristina Buonocore  
Chief Human Resources Officer  
PrePay Technologies Ltd.

Modern Slavery Act Transparency Statement
Issue 2
Issue Date: 8th September 2026