Statement of conformity modern slavery act 2015

Modern Slavery Act Statement – OPENAX The Modern Slavery Act (the “Act”) took effect on October 29, 2015. It addresses serious human rights violations, including slavery, forced labor, and trafficking in persons, where individuals are exploited and denied freedom for profit or personal advantage. The Act aims to eradicate such practices and requires organizations to… Continue reading Statement of conformity modern slavery act 2015

The Modern Slavery Act (the “Act”) took effect on October 29, 2015. It addresses serious human rights violations, including slavery, forced labor, and trafficking in persons, where individuals are exploited and denied freedom for profit or personal advantage. The Act aims to eradicate such practices and requires organizations to identify and mitigate the risk of modern slavery in their operations and supply chains. It consolidates legal provisions around crimes related to forced labor, trafficking, and other exploitative conduct.

OPENAX is an international renewable energy company active across the solar industry. Its core activities include the manufacturing of modules, cells, inverters, hybrid energy storage systems, batteries, and EV charging solutions. OPENAX collaborates closely with leading research institutions and industrial partners to bring innovative technologies to market.

OPENAX, along with its affiliated, parent, and subsidiary entities (“OPENAX”), is fully aligned with the principles outlined in the Modern Slavery Act 2015. We maintain a strict zero-tolerance stance on any form of forced labor or human trafficking. We take deliberate steps to reduce the likelihood of contributing to such violations, both within our business operations and throughout our supply chains. We acknowledge that these risks can arise at various points—from sourcing raw materials to hiring subcontracted labor.

As part of our ongoing risk management efforts, OPENAX is implementing systems that allow us to:

• Identify and assess potential vulnerabilities within our supply chains
• Minimize exposure to forced labor and trafficking risks
• Continuously monitor sensitive areas of the supply chain
• Protect whistleblowers who report concerns in good faith

We expect our suppliers to comply fully with all applicable national and international laws. Workers must be treated ethically and with respect. Our contractual agreements with suppliers include provisions requiring them—and their own suppliers—to adhere to OPENAX’s Supplier Code of Conduct. These terms specifically prohibit the use of forced or bonded labor, human trafficking, and similar practices.

OPENAX conducts regular training sessions and provides guidance to procurement teams and decision-makers to reinforce compliance with anti-slavery standards. Employees are trained to recognize indicators of modern slavery and are encouraged to report violations or suspicions immediately.

Our procurement department performs supply chain mapping to evaluate geographic and product-related risks, ensuring that none of our materials originate from banned entities such as:

• Hoshine Silicon Industry (Shanshan) Co., Ltd
• Xinjiang Daqo New Energy Co., Ltd
• Xinjiang East Hope Nonferrous Metals Co., Ltd
• Xinjiang GCL New Energy Material Technology Co., Ltd
• Xinjiang Production and Construction Corps (XPCC)

We further ensure that no suppliers on the UFLPA Entity List are part of our upstream supply chain.

In addition, OPENAX supports its suppliers by offering strategic advice to help them build stronger, more sustainable practices within their own operations.

OPENAX may conduct audits of selected suppliers to verify adherence to our Supplier Code of Conduct. These audits, which may be announced or unannounced, include on-site inspections and follow the frequency defined by the applicable audit standards. Where violations are found—whether legal breaches or unethical labor practices—we reserve the right to end the business relationship.

We promote a culture of openness and integrity. OPENAX protects all individuals who raise concerns under this policy in good faith, regardless of whether the concern is ultimately substantiated. Any act of retaliation will lead to disciplinary action as outlined in our Code of Conduct and Business Ethics.

OPENAX
Last reviewed: December 2024