Modern Slavery Statement

Nu Quantum Ltd

Introduction

Nu-Quantum Ltd. is committed to preventing modern slavery and human trafficking in all its forms. As a responsible and ethical technology company based in the United Kingdom, we recognise the importance of promoting transparency and ensuring that our business and supply chains are free from any form of exploitation.

Organisational Structure and Supply Chains

Nu-Quantum Ltd. is a technology company specialising in quantum networking infrastructure essential to scaling quantum computers, by interconnecting quantum computing cores into large distributed clusters. Our supply chains primarily consist of suppliers of devices, components, and services necessary for our business operations. While we do not engage in industries at high risk of modern slavery, we acknowledge the importance of maintaining vigilance throughout our supply chains to identify and address any potential risks related to modern slavery.

Policies and Commitments

Nu-Quantum Ltd. is dedicated to upholding the highest standards of ethical conduct and compliance with all relevant laws and regulations, including the UK Modern Slavery Act 2015. Our commitment to preventing modern slavery is reflected in our policies and practices. We have implemented internal policies and procedures aimed at ensuring that all individuals involved in our operations are treated with dignity and respect.

Due Diligence Processes

To mitigate the risk of modern slavery within our supply chains, Nu-Quantum Ltd. conducts due diligence on our suppliers. This includes assessing their compliance with anti-slavery laws and ensuring that they share our commitment to ethical business practices. We prioritise working with suppliers who adhere to similar ethical standards and who can provide evidence of their commitment to combating modern slavery.

Training and Awareness

We understand the importance of raising awareness and ensuring that our employees are well-informed about the risks of modern slavery. We provide training to our staff to help them identify and address any signs of exploitation, and we encourage an open and transparent culture where concerns can be raised without fear of retaliation.

Monitoring and Evaluation

Nu-Quantum Ltd. monitors and evaluates its anti-slavery efforts to ensure effectiveness. We are committed to regularly reviewing and updating our policies and procedures to adapt to changes in legislation and emerging best practices in combating modern slavery.

Conclusion

Nu-Quantum Ltd. is dedicated to maintaining a slavery-free environment within our organisation and supply chains. We believe that by working collaboratively with our employees, suppliers, and stakeholders, we can contribute to the eradication of modern slavery.

This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes Nu-Quantum Ltd.’s modern slavery statement for the financial year ending September 2024.