Modern Slavery Act Statement

An assessment of the applicability of the U.K. Modern Slavery Act 2015 (the Act) to the Utmost Group of companies (the Utmost Group) was carried out by the Utmost Group Legal Department (the Department) for the financial year ended 31 December 2016. The outcome of this assessment was that the Department did not believe that any part of the Utmost Group was within the scope of the Act.

Due to planned changes in the way that the Utmost Group operates during the financial year ended 31 December 2017, it is believed by the Department that certain companies within the Utmost Group will be required to comply with the Act. As a result, a fuller Modern Slavery Act Statement will be adopted by those companies for this financial year end.

This statement is made pursuant to section 54(1) of the Act and constitutes the slavery and human trafficking statement for the Utmost Group for the financial year ended 31 December 2016.

Approved by the Board of Directors of Utmost Holdings Limited

May 2017