Slavery and Human Rights Statement

About this Statement

This statement is made on behalf of the Kemin Industries family of companies (hereinafter referred to collectively as “Kemin”).

This statement is published in accordance with applicable supply chain transparency and modern slavery legislation, including:

• Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act
• The UK Modern Slavery Act 2015
• The Australia Modern Slavery Act 2018
• The California Transparency in Supply Chains Act of 2010

These laws require companies to disclose the steps taken to prevent and reduce the risks of forced labor, child labor, and human trafficking in their operations and supply chains.

This statement outlines the actions Kemin has taken during the financial year ending December 31, 2025, to identify, assess, mitigate, and remediate such risks. 

Our Structure, Our Business, and Our Supply Chains

Founded in 1961, Kemin is a global nutritional ingredients company headquartered in Des Moines, Iowa, USA, with operations in multiple countries and customers in more than 120 countries and more than 3,000 employees worldwide. Kemin strives to touch half the people of the world every day by improving the quality, safety, and efficacy of food, feed, and health-related products. 

Kemin operates through a network of subsidiaries, manufacturing facilities, and third-party suppliers across diverse geographies. Our supply chains include raw material sourcing, manufacturing inputs, logistics providers, and service vendors. Kemin recognizes that we cannot achieve our mission of improving quality of life if we do so through use of slavery or human trafficking. Therefore, Kemin is committed to ensuring our supply chain reflects our values and our respect for human rights. Kemin is adamantly opposed to all forms of slavery and human trafficking. It is Kemin’s policy to expect that suppliers will obey all laws that require them to treat workers fairly as well as to provide a safe and healthy work environment, and Kemin issues guidelines for suppliers to follow to help ensure our supplier relationships will not damage our good reputation.

Given the geographic breadth and complexity of these supply chains, Kemin recognizes the inherent risk of exposure to forced labor and child labor and is committed to addressing these risks through robust governance and due diligence processes. 

Our Policies in Relation to Forced Labor and Child Labor

Kemin maintains a framework of policies designed to uphold human rights and ethical business practices, including:

• Supplier Code of Conduct
  • Provide safe and healthy working conditions at all their operations.  
  • Not engage in, condone, or tolerate physical, verbal, mental or sexual harassment against or among their workers.
  • Never use or tolerate the use of human trafficking, forced labor, or child labor as defined by the International Labour Organization (lLO).
  • Foster an inclusive work environment that is free of harassment and discrimination, or unsafe working conditions. 
  • Respect employees' rights to organize and bargain collectively.
  • Meet or exceed all legal requirements for employment, compensation and working conditions.
  • Cascade these requirements through their own supply chains 
• Code of Conduct (internal accountability and applicable to all employees) 
• Responsible Sourcing / Procurement Policies 
• Anti-Human Trafficking and Forced Labor Standards  

Due Diligence Processes

Kemin maintains a risk-based due diligence program designed to identify, prevent, mitigate, and account for modern slavery risks that align with the Organization for Economic Cooperation and Development (OECD) expectations. Kemin uses our own staff to verify supplier compliance in obeying all relevant laws, rules, and regulations. Kemin ensures compliance by conducting onsite audits, desk audits, completing supplier questionnaires, and obtaining a supplier’s continued guarantee of compliance. In addition, Kemin’s purchasing, and quality control staff is alerted to recognizing environmental, health, safety, and labor issues that could cause inconsistent adherence to these Kemin requirements. Finally, Kemin maintains internal accountability standards and procedures, detailed in our Code of Conduct, and any suppliers that fail to comply with these requirements are terminated. Additionally, Kemin uses third party audit systems covering labor to verify compliance of the Kemin and value chain labor expectations. 

The process of preparing this statement involved the participation of a wide range of internal stakeholders across many functions of Kemin. Kemin expects all contractors, suppliers, consultants, and business partners of any kind to uphold and comply with our high standards, specifically by ensuring all employees and workers are treated with dignity and respect in a fair and ethical environment. 

Key elements include:

• Supplier onboarding due diligence and screening 
• Risk-based supplier segmentation (by geography, industry, and product type) 
• Supplier self-assessment questionnaires 
• Contractual certifications and compliance clauses 
• Onsite and remote audits (internal and third-party) 
• Ongoing monitoring and periodic reassessment 

Kemin integrates modern slavery considerations into procurement, quality assurance, and compliance functions. Through the processes outlined above, we work to identify, assess, and monitor any potential areas of risk in relation to our business and supply chains. Kemin will continuously look to manage any risks that may be identified. 

Risk Assessment and Management

Based on the risk of human rights violations in countries and goods, Kemin has recognized some areas of business that have a historically documented presence of forced labor and child labor. We strive to address these risks when we start working with a supplier and during the whole period of our relationship with them, as explained in the previous section. Kemin identifies and assesses risks of forced labor and child labor across:

• Operations (including manufacturing and distribution) 
• Tier 1 suppliers and, where feasible, sub-tier suppliers 
• High-risk geographies and industries 
• Raw materials and goods known to present elevated risk 

Risk identification tools may include:

• Government watchlists and import restrictions 
• International indices and risk databases 
• Industry-specific risk analyses 

Where risks are identified, Kemin works to:

• Engage with suppliers to address issues 
• Require corrective action plans 
• Escalate or terminate relationships where necessary  

Remediation Measures

If Kemin were to identify that it has caused or contributed to adverse human rights impacts, or is directly linked to such impacts through its supply chain, it is committed to:

• Taking appropriate remedial action 
• Supporting affected individuals where possible 
• Working with suppliers to implement corrective measures 
• Disengaging responsibly if remediation is not feasible  

Measuring Effectiveness

Kemin ensures the effectiveness of our polices and management by conducting onsite audits, desk audits, completing supplier questionnaires, and obtaining a supplier’s continued guarantee of compliance. Kemin also maintains internal effectiveness metrics based on the outcomes of internal or third-party reviews or audits.  Kemin evaluates the effectiveness of its actions through:

• Audit findings and corrective action closure rates 
• Supplier compliance metrics 
• Internal compliance reviews 
• Tracking reported concerns and resolution outcomes 

Kemin continues to develop key performance indicators (KPIs) to strengthen oversight and continuous improvement. 

Training

Kemin provides training annually via our online learning portal to employees, particularly those involved in:

• Procurement 
• Supply chain management 
• Compliance and legal functions 

Training covers:

• Identification of modern slavery risks 
• Responsible sourcing practices 
• Reporting obligations and escalation procedures 

Kemin is expanding its training programs through internal learning platforms. 

Reporting Concerns

Kemin maintains a confidential and, where permitted by law, anonymous reporting mechanism available to employees, suppliers, and third parties. This hotline is hosted by a third-party hotline provider, EthicsPoint. This hotline can be used to submit reports relating to violations stated in our Code of Conduct, and any ethical violations or concerns a sender may have seen or heard. All reports are reviewed and investigated in accordance with internal policies, and appropriate action is taken where necessary. 

Governance and Accountability

Responsibility for modern slavery risk management is embedded across multiple levels of the organization, including:

• Senior leadership oversight 
• Legal and compliance functions 
• Procurement and supply chain teams 

This statement has been reviewed and approved by the Board of Directors, demonstrating top-level accountability. 

Consultation with Controlled Entities

In preparing this statement, Kemin has consulted with relevant subsidiaries and controlled entities to ensure alignment and consistency in the approach across the organization. 

Approval and Attestation

This statement is made pursuant to:

• Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act
• The UK Modern Slavery Act 2015
• The Australia Modern Slavery Act 2018
• The California Transparency in Supply Chains Act of 2010

and constitutes Kemin’s slavery and human rights statement for the financial year ending December 31, 2025.

This statement has been approved by the Kemin Board of Directors.

_________________________

Elizabeth A. Nelson
Vice President and General Counsel
Kemin Industries, Inc.
1900 Scott Avenue
Des Moines, Iowa 50317