Modern Slavery Statement Retirement Living

Supply chains LLRL Trust had approximately 2,700 direct suppliers from whom invoices were received during the reporting period. Strategic supply partners, typically national contracts, comprised 23% of total annual spend during the reporting period. This percentage is expected to remain relatively consistent given the villages’ reliance on local suppliers due to geographical spread and existing relationships. There is also extensive engagement of small business enterprises, in the locality of the villages, for property maintenance and repairs, and catering services. Most of LLRL Trust’s suppliers of services, including design and consultants, catering, cleaning and security are based in Australia, with several contracted on a national basis. LLRL Trust also has access to the international supply chains of the Lendlease Group, in respect of materials and products utilised for construction, mechanical and electrical engineering, and aspects of business and finance administration services, as part of Lendlease Group’s strategic supplier partnerships. The following graph shows annual spend breakdown by top 10 supply chain categories. Construction-related costs, which include external works, foundation works, site establishment, structure and design, and consultants, comprised just over 60% of total annual spend. Cost of running and maintaining the assets, including village and property related costs (capital expenditure, unit upgrades etc) along with village maintenance and utilities, comprised around 23% of total annual spend. 35% 25% 6% 5% 5% 5% 4% 3% 3% 11% Retirement Living Trust Top 10 spend categories FY20 Construction Professional Fees Overhead CAPEX Utilities Upgrades Marketing Village Maintenance Insurance Other Our workforce As a geographically spread retirement living operator, our national workforce comprises the following breakdown: Lendlease Retirement Living Workforce Employee Type 4 Number % of total workforce Casual 133 16.54% Fixed Term 20 2.49% Permenant - Part Time 208 25.87% Permenant - Full Time 443 55.10% Grand Total 804 Less than 1% of our total national direct workforce comprises migrant workers 5 on visas. 4. Employment Type: ‘Casual’ are non-permanent workers engaged under an enterprise award with at least the minimum rates of pay and allowances for base-skilled administrative work. Fixed Term employees are engaged for a defined term with a specified end date for project-related work. 5. Migrant workers are direct employees of Lendlease, engaged on a permanent basis who have a visa attached to their employment and have been recruited for specific professional expertise that cannot be sourced locally. ~60,000+ invoices raised ~2,700+ suppliers ~800+ delivery projects APPF Commercia l Modern Slavery Statement 9 8