AUB Group Limited Annual Report 2023

ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT YEAR ENDED 30 JUNE 2023

PROMOTIONS 2023

PROMOTIONS 2022

42

35

Male Female

Male Female

58

65

Employee Engagement We use our Employee Net Promoter Score (eNPS) to assess employee engagement based on their willingness to recommend the organisation to others. AUB Group’s head office employee satisfaction is measured regularly and reflects a strong level of overall satisfaction, especially with respect to how our employees feel about their relationships with peers and their managers. We utilise Officevibe, a dynamic online employee engagement platform. The platform prompts employees to complete fortnightly surveys anonymously and provides resulting insights to management. The tool enables us to collect continuous feedback on employee sentiment and dive deeper into emerging trends and developments amongst our workforce. Officevibe has been rolled out to our head office teams as well as to all Sydney, Melbourne and Brisbane teams in our agencies, and a number of brokers in the Group. Diversity and Inclusion Gender parity is integral to a dynamic balanced workforce. We are working to improve gender balance across the AUB Group. We have made a number of improvements to our recruitment, selection and succession processes, incorporating psychometric testing as part of the recruitment process and ensuring succession planning is evaluated on an ongoing basis and continuously updated and monitored. Our longer term gender balance goal is to achieve 40:40:20 (40% men, 40% women and 20% open) – at all levels of our organisation. We recognise this is a long-term commitment and that the insurance industry as a whole will require substantial work in this space. The Group is committed to the development, promotion and retention of women in leadership. Some of these initiatives include:

– Seeking to achieve gender diversity in the composition of our board and with a target of 30% female directors; – Mentoring and career resiliency programs that are focused on giving female staff equal opportunity to rise to senior positions; – Regular remuneration reviews to ensure remuneration is relevant to the market and commensurate to the role regardless of gender; – In January 2023 Tysers joined Insurance Cultural Awareness Network (iCAN) as a bronze sponsor. iCAN is an industry-wide independent network that supports multicultural inclusion across the UK insurance sector. It aims to bring the industry together to share best practices and to promote multicultural inclusion in the workplace; and – Tysers’ Charity Initiative donations for March were directed to Smart Works which provides interview training and clothing to help low-income women in the UK improve their confidence, secure employment and gain financial independence. We report annually to the Workplace Gender Equality Agency, in line with the Workplace Gender Equality Act. These reports provide valuable insights into our workforce composition and flag areas where we can improve our employee value proposition and retention and recruitment practices. The latest filing is available on our website. As at 30 June 2023 AUB Group and its controlled entities had a total of 2,433 (FY22: 1,208) employees with women representing 58% (FY22: 61%) across the Group. We’re pleased to report that throughout the year approximately 58% (FY22: 65%) of our internal promotions were female, demonstrating that the efforts we are making to support the careers of our female employees are delivering results. During the year, 65% of our new hires were female.

AUB GROUP ANNUAL REPORT 2023

68