AUB Group Limited Annual Report 2023

ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT YEAR ENDED 30 JUNE 2023

Workplace health and safety We aim to provide a physically and psychologically safe workplace for our people. All health and safety incidents are reported to AUB Group Board’s Remuneration and People Committee and Board Audit & Risk Committee. We have a dedicated free and confidential Employment Assistance Program (EAP) to support our employees and their families 24/7. During the current year, we have not witnessed any increase in reported incidents related to mental health, however, we acknowledge that with most of our workforce carrying out desk work remotely, workplace health and safety incidents may not be as visible to us. We encourage our employees to provide feedback to us about their physical and psychological health through our regular online employee surveys, their direct managers and HR. Advocacy We engage in industry research, public relations initiatives and policy advocacy on behalf of our partners. Our activities include engaging with governments, regulators and industry bodies through official consultations and meetings in order to provide information and perspectives on our industry and our members. The main industry associations and advocacy organisations which are Group employees are members of include The Insurance Association of Australia, The Australian and New Zealand Institute of Insurance and Finance and The Insurance Brokers Association of New Zealand.

6. GOVERNANCE Our Policies and Processes

AUB Group have implemented policies and processes across the Group to support our high standards of governance, ensuring that those in the business are guided by our core principles and appropriate support is in place for communicating any grievances to appropriate levels of governance. Commitment to Responsible Investing As outlined in the Directors report, a key element of the Group’s strategy is to execute on strategically aligned acquisitions. As part of further embedding ESG into our daily governance, we have implemented a formal ESG Mergers and Acquisitions checklist. Working to formalise our ESG considerations in M&A activity will support creating long term stakeholder value by acquiring businesses with ESG strategies and commitments aligned to our strategy. Our commitment to responsible investing includes; 1. Acquisitions of ethical businesses with ethical leadership; 2. A long term view of ownership and sustainable operating models; and, 3. Consideration of all stakeholders. Code of Conduct AUB Group’s Code of Conduct (Code) sets out the ethical standards expected of all directors, officers, and employees of AUB Group and its controlled entities. AUB Group encourages any businesses in which AUB Group has a direct or indirect equity investment to adopt the code. The Code is designed to ensure AUB Group delivers on its commitment to corporate responsibility and sustainable business practice. It establishes a foundation to our business decisions and provides clear, consistent guidelines on ethical behaviour. The Code requires our people to: – Act with honesty and integrity in dealing with all stakeholders, including shareholders and the community; – Manage conflicts of interest; – Comply with the law; – Adhere to company policies and procedures; and – Respect confidentiality and privacy. All employees are required to complete ethics training annually. Breaches of our code of conduct will impact an employee’s annual performance rating and in turn the at-risk portion of their remuneration. Except for fixed term contractors and other labour hire staff, all employees have a portion of their remuneration at risk based on performance measures. In additional to standard HR policies, and our code of conduct, our businesses have policies governing (1) Complaints, (2) Financial Hardship, (3) Domestic Violence and (4) Flexible working.

AUB GROUP ANNUAL REPORT 2023

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