Our business and supply chains

Murano Systems Limited and Murano UK LLP are a bespoke matchmaker providing an investor research service to our clients on a flat fee basis. We have an office in London and Dallas, and have clients globally.

We establish a relationship of trust and integrity with all our suppliers, which is built upon mutually beneficial
factors. Our supplier selection and on-boarding procedure includes due diligence of the supplier’s reputation, respect for the law, compliance with health, safety and environmental standards, and references. We haven’t been made aware of any allegations of human trafficking/slavery activities against any of our suppliers, but
if we were, then we would act immediately against the supplier and report it to the authorities.

Risk Assessment

Murano has conducted a risk assessment of our business. We have told our employees how they can spot and report this if necessary to prevent Modern Slavery.

Policies

Murano operates the following policies for identifying and preventing slavery and human trafficking in our operations:

  • Whistleblowing Policy – We encourage all employees, customers and suppliers to report any suspicion of slavery or human trafficking without fear
    of retaliation. This can be reported in person or anonymously.
  • Code of Conduct – Our code encourages employees to do the right thing by clearly stating the actions and behaviour expected of them when
    representing the business. We strive to maintain the highest standards of employee conduct and ethical behaviour when
    operating abroad and managing our supply chain.
Supplier/Service Provider due diligence

Murano conducts due diligence on all new suppliers during on-boarding and on existing suppliers at regular intervals.
This includes:

  • Assessing risks in the provision of particular services
  • Requiring improvements to substandard employment practices
  • Sanctioning suppliers that fail to improve their performance in line with our
    requirements
Awareness

Murano has raised awareness of modern slavery issues by incorporating Modern Slavery Act information in our employee
handbook , which explains:

  • Our commitment in the fight against modern slavery
  • Red flags for potential cases of slavery or human trafficking
  • How employees should report suspicions of modern slavery
Training

In addition to raising awareness, Murano has added information about Modern Slavery to the employee handbook to all
employees, which covers:

  • Various forms of modern slavery in which people can be held and exploited
  • How employees can identify the signs of slavery and human trafficking, including unrealistically low prices
  • How employees should respond if they suspect slavery or human trafficking
  • What external help is available for the victims of slavery
  • An attestation from employees that they will abide by Murano’s anti-slavery policy
Measuring how we’re performing
  • All of our employers have been sent information about spotting and reporting Modern Slavery. The policies on how
    employees should conduct themselves and report modern slavery are included within our employee handbook. Murano therefore should be aware of any Modern Slavery within the business.

This statement covers the period 12 January 2024 to 11 January 2025 and has been approved by the Board of Murano at a board meeting on 11th January 2024.