At Ahcars, we are committed to ethical business practices and the protection of human rights. This Modern Slavery Statement outlines our efforts to prevent and address modern slavery and human trafficking within our operations and supply chains. We recognize our responsibility to combat these crimes and are dedicated to maintaining a transparent, accountable, and socially responsible organization.

1. Our Commitment

Ahcars is firmly opposed to all forms of modern slavery, including forced labor, human trafficking, child labor, and exploitation. We are committed to identifying, preventing, and addressing the risks of modern slavery within our business and supply chains.

2. Our Business and Supply Chains

Ahcars operates as a leading online platform for buying and selling vehicles. While we do not manufacture goods, we work with suppliers, service providers, and partners across various sectors. We are committed to ensuring that our supply chains uphold the same high ethical standards we apply to our operations.

3. Policies and Procedures

We have implemented the following measures to address modern slavery:

• Code of Conduct: All employees, suppliers, and partners must adhere to our Code of Conduct, which prohibits modern slavery and promotes ethical practices.
• Supplier Standards: Our supplier agreements include provisions requiring compliance with anti-slavery laws and regulations.
• Whistleblower Policy: We encourage employees, partners, and stakeholders to report any concerns related to unethical practices, including modern slavery.

4. Risk Assessment and Due Diligence

To mitigate the risks of modern slavery, we:

• Conduct regular assessments to identify potential areas of risk within our operations and supply chains.
• Perform due diligence on suppliers and partners to ensure compliance with our ethical standards.
• Require high-risk suppliers to provide detailed information about their labor practices.

5. Training and Awareness

We are committed to educating our employees and partners about modern slavery through:

• Employee Training: Providing training on recognizing and addressing signs of modern slavery.
• Supplier Engagement: Sharing resources and guidelines with suppliers to promote ethical labor practices.
• Raising Awareness: Regularly updating stakeholders on our efforts to combat modern slavery.

6. Monitoring and Accountability

We monitor compliance with our anti-slavery policies through:

• Regular audits of high-risk suppliers and partners.
• Reviewing and updating our policies to address evolving risks and regulations.
• Taking corrective action against any supplier or partner found to violate our standards.

7. Collaboration and Reporting

We work collaboratively with industry groups, NGOs, and regulatory bodies to strengthen efforts against modern slavery. Additionally:

• We publicly report on our progress in combating modern slavery through annual updates to this statement.
• We welcome feedback and inquiries about our policies and practices.

8. Approval and Updates

This Modern Slavery Statement is approved by the Ahcars Board of Directors and is reviewed annually to ensure its relevance and effectiveness.

We remain steadfast in our commitment to ending modern slavery and fostering an ethical, responsible business environment.