Anti-Money Laundering & Financial Crime Awareness

Purpose

This statement sets out WBP Equip's position on anti-money laundering (AML), fraud, bribery, and corruption awareness. It reflects a proportionate approach based on our current size, stage, and activities.

Proportionate Approach

WBP Equip is not a regulated financial institution and does not operate in sectors that are traditionally high-risk for money laundering. However, as a responsible business, we recognise our responsibility to remain alert to financial crime risks and to conduct our affairs with integrity.

Risk Awareness

We maintain a proportionate awareness of financial crime risks relevant to our business, including:

• the source and use of funds in business relationships;
• the identity and standing of investors, partners, and counterparties;
• unusual or unexplained payment patterns; and
• conflicts of interest or inducements that may be indicators of improper conduct.

Governance and Oversight

The Board has overall responsibility for ensuring that the company operates with integrity and maintains an appropriate awareness of financial crime risks. This includes setting the tone from the top and ensuring that governance arrangements support ethical and lawful conduct.

Third-Party and Transactional Considerations

When entering into business relationships or transactions, we consider:

• the nature and purpose of the relationship;
• the identity and background of the counterparty;
• the legitimacy and purpose of payments or financial flows; and
• any indicators that may give rise to concern.

Escalation and Reporting

Any concerns relating to potential financial crime, money laundering, fraud, bribery, or corruption should be raised promptly through our internal governance and whistleblowing arrangements. We do not tolerate retaliation against anyone who raises a concern in good faith.

Related Policies

This statement should be read alongside our Governance, Risk and Compliance Statement, Supplier and Independent Assurance Statement, and Whistleblowing and Speaking Up Policy.