Updated MARCH 2023

Modern Slavery and Human Trafficking Statement

Aura Power Developments Ltd (the "Company") is committed to maintaining the highest standards of ethical behaviour and expects the same of its business partners. The use of slavery and human trafficking is unacceptable and entirely incompatible with its ethics as a business. The Company believes that all efforts should be made to eliminate it from its supply chains, particularly as part of a sector that strives for the highest standards of sustainability.

The panels for the Company's solar farms will be sourced from suppliers that can demonstrate that the materials used have been supplied from factories that respect human rights and which can be audited.

The solar industry has been responsive to reports of the use of forced labour in China for the production of polysilicon and is working hard to prevent these abhorrent practices throughout its supply chain.

The UK solar industry is working with international trade bodies to develop a traceability protocol to safeguard the global supply chain from human rights abuses. The US has already announced a sanction on imports of solar products with links to the Xinjiang region and the UK Government is also investigating the matter and developing a comprehensive package of measures to help ensure no UK organisations are complicit in the serious human rights violations in the region.

Aura’s partner, ibVogt who will build our solar farms and source the panels, are members of the European and International Trade Associations, Solar Power Europe and SEIA , who are both committed to guiding their members on practices which ensure an ethical supply chain and have issued statements on this matter.

The same principle applies to the sourcing of our battery storage units. The industry is working to eradicate minerals sourced from mines which do not comply with global human rights or environmental standards.

The Company is committed to ensuring modern slavery does not occur within both its business and its supply chain and believes its current procedures and ability to rely on its key service providers and regulatory oversight in relation to professional services are sufficient in this regard.

Signed by CEO Simon Coulson