Modern Slavery and Human Trafficking Statement

B4B Payments is a regulated Electronic Money Institution offering prepaid payment solutions and embedded financial services across the UK, Europe, and the USA. We operate through a network of group entities and partners, with offices in the UK, Lithuania, and the United States. Our diverse customer base includes corporate customers, public sector organisations, and non-governmental entities. Our activities are guided by a comprehensive compliance framework, which is regularly reviewed to ensure it meets regulatory and ethical standards.

Our supply chains involve financial technology providers, card manufacturers, professional services, and IT infrastructure vendors. While our supply chains are considered low risk concerning modern slavery and human trafficking, we acknowledge the importance of ongoing due diligence and vigilance.

We are committed to preventing modern slavery and human trafficking in all aspects of our operations and supply chains. Our main internal policies that support this commitment include:

Due Diligence Policy

Whistleblowing Policy

Third-Party Risk Management Framework

Anti-Bribery and Corruption Policy

These policies are communicated to all employees and are integrated into our onboarding and ongoing monitoring processes.

At B4B Payments, our people are central to our organisation. We are dedicated to providing development opportunities beyond their current roles, such as flexible benefits, generous leave policies, and leadership programmes. One of our core values is equality, we strive to prohibit discrimination and harassment. During recruitment, we verify that all candidates are legally eligible to work, suitable for their roles, and have completed necessary background checks. We aim to keep employees well-informed about their rights and responsibilities, providing access to relevant tools, processes, and policies throughout their employment.

At B4B Payments, third parties are essential to our service delivery and operations. We ensure our partnerships do not pose risks related to unethical practices, including modern slavery and human trafficking.

Our contractual agreements require all vendors, suppliers, and service providers to adhere to applicable laws and regulations.

We review third-party arrangements annually as part of our governance and due diligence, ensuring ongoing compliance with our ethical and regulatory standards.

When higher risks are identified, we engage directly and incorporate contractual clauses to ensure compliance with the Modern Slavery Act.

We provide annual training to staff on recognising signs of modern slavery and understanding their obligations under our internal policies and UK law. We operate a zero-tolerance policy on slavery and human trafficking, which is communicated from the outset of a business relationship and maintained throughout, to our contractors and supply chain partners.

In 2025, we enhanced our training for our teams and incorporated real case studies to boost awareness.

We assess the effectiveness of our anti-slavery measures through:

Internal audits;

Ongoing monitoring of whistleblowing reports (none relating to modern slavery in 2025);

Annual compliance reviews and regulatory audits.

We remain committed to improving our processes and increasing transparency across our operations and supply chains.

We are committed to the ongoing monitoring of our supply chain to assess risks related to modern slavery and trafficking, as well as to ensure adherence to our policies. New suppliers will be required to affirm their commitment to anti-slavery practices.

This declaration has received approval from the Board of Directors of B4B Payments and will undergo annual review.

Chief Executive Officer - 1 August 2025