Material Issues and Priorities

From a baseline of 17 core ESG issues, all of which are important to Allied Universal’s success as a responsible business and our objective to be the world’s most trusted services provider, our 2023 assessment confirms five crucial priority areas:

The top four priority issues remain unchanged as:

• Employee safety and wellbeing

• Anti-bribery and corruption

• Human rights and duty of care

• Governance, compliance and industry standards

• Culture, values and behaviour

Working in partnership with independent experts, we reviewed and identified issues, both existing and emerging, which may potentially impact our business, our stakeholders, and the wider security industry. Together with our partners, we conducted a series of interviews and surveys with executive members of the Allied Universal management team, and a broad range of external stakeholders, including sustainability analysts, industry associations, customers, investors and NGOs.

We sought views and opinions on which elements present the greatest risk or opportunity to the organisation’s performance, strategy, reputation, as well as societal impacts.

These findings reinforced the importance of ethics, compliance, culture, values and behaviours preventing poor performance across core ESG matters.

We recognise that issues placed lower in the matrix are still material and core to our business. For example, while climate change, energy and emissions have a lower direct impact on
our business, we are committed to a net-zero transition and the development of a new climate action strategy.

Our next materiality assessment is scheduled for 2025.