Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Significant reduction in unplanned churn to £0.1m (2021: £0.7m)
• Roll out of a series of “KRM22 health dashboards” to customers
• Global Risk Platform is now fully operational for Trading and Corporate risk at our Showcase Global Risk Platform Customer

Governance Achievements

• Reorganisation of the workforce to help grow the business and support other initiatives
• Adoption of the Quoted Companies Alliance’s ( “QCA ”) Corporate Governance Code for small and mid -sized quoted companies (“QCA Code”)

Climate Goals & Targets

Environmental Challenges

• Global economic uncertainty and rising inflation
• Customer retention
• Delays in new customer contract signings
• Foreign exchange
• Liquidity of customers
• Compliance with laws and regulations
• Staff recruitment and retention
• Investor attitude and confidence
• Debt facility
• Technology
• Information security

Mitigation Strategies

• Every customer has an account manager who regularly speaks with the customer and who ensures requirements are met. KRM22 also has a centralised customer support team with defined service levels to ensure quality product service to the customer.
• All sales opportunities are assigned a key internal contact at KRM22 who updates the executive team on a regular basis. The CFO maintains detailed cash forecasts that include sensitivity analysis applied to new sales opportunities including delayed sales, reduced recurring and non - recurring revenue values and no future sales growth.
• KRM22 relies on a partial natural hedge of GBP, EUR and USD costs and revenue being in the same currencies. KRM22 also continuously monitors its foreign exchange exposure to assess whether forward currency transactions are necessary.
• KRM22 has a centralised finance function with accounts receivable (“AR”) balances reviewed on a regular basis with account managers and executives of the Company.
• KRM22 employs fully qualified finance professionals and external professional advisors, including legal and tax, to ensure all relevant legal and regulatory codes are fully complied with.
• The Remuneration Committee reviews KRM22’s compensation policies to ensure KRM22 continues to attract, motivate and retain qualified personnel. All employees are offered equity awards, including share options and restricted stock units (“RSUs”) in KRM22 so that they have a vested interest in the long -term success of KRM22.
• The CEO and CFO meet institutional shareholders, fund managers and analysts at least twice a year to understand how the strategy and the Board’s decisions impact on and are received by investors.
• On 17 June 2023, Trading Technologies International Inc. (“TT”) provided a new debt facility (the “TT Convertible Loan”) to KRM22 with some of the proceeds used to repay the Kestrel Convertible Loan. The principal risks and uncertainties associated with the Kestrel Convertible Loan are also applicable to the TT Convertible Loan.
• KRM22’s Product Managers are subject matter experts in their fields and understand the trends of the market and customer needs. In addition, customer account managers gather requirements of the existing customer base and feedback that information to product development.
• SOC 2 requires organisations to establish and follow strict information security policies and procedures, encompassing the security, availability, processing, integrity and confidentiality of customer data. The Company is SOC 2 accredited with an audit being undertaken on an annual basis each year for accreditation to continue.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: QCA Code

Certifications: SOC 2, Cyber Essentials

Third-party Assurance: BDO LLP

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed