Modern Slavery Act statement

Effective Date: June 2026

Last Updated: June 2026

XONIK (“XONIK,” “we,” “our,” or “us”) is committed to conducting business ethically, responsibly, and with respect for fundamental human rights.

This Anti-Slavery and Human Trafficking Statement outlines the steps we take to prevent modern slavery, forced labor, human trafficking, and related human rights abuses in our operations, supply chains, and business relationships.

Our Commitment

XONIK has a zero-tolerance approach to modern slavery and human trafficking in all forms.

We are committed to:

Upholding internationally recognized human rights principles
Acting with integrity and transparency in all business dealings
Taking reasonable and proportionate steps to help ensure that slavery, forced labor, and human trafficking do not occur within our business or supply chains

This commitment applies globally, regardless of local practices or legal minimums.

Our Business and Operations

XONIK is a global advisory, technology, and professional services organization. Our activities include advisory and consulting services, technology and research engagements, and partnerships with suppliers, contractors, and service providers across multiple jurisdictions.

While our service-based model presents a lower inherent risk of modern slavery, we recognize that risks can still exist in extended or indirect supply chains (e.g., third-party vendors or subcontractors).

Policies and Governance

We maintain internal policies and standards that support ethical conduct and human rights, including:

Codes of conduct and ethical guidelines
Anti-bribery and integrity standards
Contractual expectations for suppliers and partners

These frameworks set clear expectations for lawful, ethical, and responsible behavior.

Due Diligence and Risk Management

XONIK applies proportionate due diligence to identify and mitigate risks, including:

Risk-based assessment of suppliers and partners according to the nature of services provided
Contractual provisions requiring ethical conduct and compliance
Enhanced review of relationships where heightened risk indicators are present

We focus resources where risks are greatest while maintaining efficiency across our operations.

Supplier and Partner Expectations

We expect all suppliers, contractors, and business partners to:

Comply with applicable labor, employment, and human rights laws
Prohibit forced labor, child labor, and human trafficking
Maintain fair, lawful, and ethical working conditions

Where concerns arise, we may engage for remediation or, if necessary, terminate the relationship.

Limitations Regarding Third-Party Labor

XONIK does not own, operate, or directly control the workforce of our suppliers or partners. Responsibility for employment practices lies with those third parties. Our influence is exercised through contracts, commercial relationships, and ongoing engagement.

Training and Awareness

We promote awareness of ethical conduct and responsible business practices. Employees and representatives are expected to act in accordance with our standards and report any concerns about unethical or unlawful conduct.

Reporting Concerns

We encourage employees, partners, and third parties to raise any concerns regarding potential human rights violations, including modern slavery or human trafficking. Reports can be made confidentially to:

Legal & Compliance

Email: legal@xonik.com

All reports are reviewed promptly and addressed in line with applicable laws and internal procedures.

Measuring Effectiveness and Continuous Improvement

At XONIK, we recognize that preventing modern slavery is an ongoing process. We measure the effectiveness of our efforts through regular policy reviews, supplier assessments, and employee training completion rates.

We are committed to:

Periodically reviewing and strengthening our policies and due diligence processes
Responding to evolving legal, regulatory, and ethical standards

While we cannot guarantee that modern slavery will never occur in extended supply chains, we take all reasonable and proportionate steps to address identified risks.

Approval and Responsibility

This Statement is approved by XONIK’s senior leadership and reflects our commitment to ethical business practices. Responsibility for implementation and oversight rests with our leadership team and compliance function.

Updates to This Statement

XONIK may update this statement periodically to reflect changes in our business, operations, or legal requirements. Updates will be posted on this page with a revised effective date.