HUMAN RIGHTS POLICY

HOPE & GLORY STATEMENT ON FORCED LABOR, HUMAN TRAFFICKING AND MODERN SLAVERY.

I. BACKGROUND

At Hope & Glory, we believe we have a responsibility to conduct our business in an ethical way. We expect the same from our suppliers, and focus on working with long-term, strategic suppliers that demonstrate a commitment to engaging their workers, providing safe working conditions and advancing environmental responsibility. This includes working to combat risks of forced labor, modern slavery and human trafficking.

II. OVERVIEW AND SUPPLY CHAIN STRUCTURE

We are focused on quality, long-term supply agreements with our factories (we currently have our factory in Pakistan plus the use of one factory in China), both are committed to our strict standards of sustainability and product excellence. Our sourcing strategy prioritises and favors suppliers that show demonstrable leadership in corporate responsibility and sustainability, seeking to move beyond minimum standards. As part of our growth strategy, we seek suppliers who drive sustainable business growth by minimising their environmental impacts, fostering a strong culture of safety and developing an engaged and valued workforce.

Hope & Glory’s commitment to ethical practices in our own operations and our supply chain begins at the highest level. We review and evaluate the Company’s significant strategies, activities, policies, investments and programs regarding corporate purpose, including corporate responsibility, sustainability, human rights, global community and social impact, and diversity and inclusion; and, provide oversight of management’s efforts to ensure that the Company’s dedication to sustainability (including environmental and supply chain sustainability and human rights) is reflected in its business operation.

III. HOPE & GLORY’S CODE OF CONDUCT AND STANDARDS TO ADDRESS FORCED LABOR

Hope & Glory takes seriously national and international efforts to end all kinds of forced labor – whether in the form of prison labor, indentured labor, bonded labor, human trafficking or otherwise.

Our requirements for suppliers are contained in our Code of Conduct and Code Leadership Standards. Our Code of Conduct lays out the required minimum standards we expect each supplier factory or facility to meet in producing our products and includes strict requirements around forced and child labor, excessive overtime, compensation, and freedom of association amongst other requirements.

We have progressively raised expectations for our factories through evolving standards of our Code of Conduct and Code Leadership Standards. Our Code of Conduct and Code Leadership Standards include specific requirements to address key risks of forced labor including, but not limited to, prohibiting workers paying fees for employment, requiring terms and conditions of employment to be provided and explained prior to departure from the home country with adequate time for review, providing contracts in both the worker’s language and legally enforceable language in the receiving country, and prohibiting requirements to post bonds or make deposits as a condition of employment.

IV. DUE DILIGENCE, RISK ASSESSMENT AND MONITORING

RISK EVALUATION

We continually evaluate and update our systems to identify and address risks in our supply chain, including those related to slavery and human trafficking. This process includes information from external sources such as risk assessments for key human rights risks, supplier specific risk profiling based on location including the employment of vulnerable worker groups and areas of improvement identified in audits.

AUDITING

We regularly audit our factories, which are monitored on a schedule based on their performance. These assessments take the form of audit visits, both announced and unannounced to measure against our Code of Conduct, Code Leadership Standards and local law.

Hope & Glory uses both internal and external third-party audits to assess compliance with our requirements and local law. We also monitor conditions at our factories through audits and assessments by independent organizations, including the Fair Labor Association and the Better Work Programme.

Our audits include detailed criteria to look at risks for forced labor or human trafficking including the employment of vulnerable worker groups such as foreign migrants, interns and temporary workers and high-risk practices such as payment of recruitment fees or restrictions on freedom of movement.

VI. REMEDIATION AND EFFECTIVENESS

We work with internal, external, and independent monitors to carry out audits and help in remediation and capability-building efforts. If we are alerted to an issue of non-compliance within one of our factories, we investigate it immediately. Where improvements are required, we seek to drive ownership by factory management to identify and correct issues, and also improve systems to address root causes in order to prevent future reoccurrences.