Ascent is committed to complying with all applicable laws wherever we operate. It is a core aspect of our mission that we act with integrity in all of our operations. We will not pay nor procure the payment of a bribe or unlawful fee to encourage the performance of a task or one which is intended or likely to compromise the integrity of another. We will not accept any payment, gift or inducement from a third party which is intended to compromise our own integrity.

We expect these high standards from all our investment partners and portfolio companies. Our teams have day-to-day working relationships with the companies we are invested in and we are responsible for implementing this policy.

We welcome the reporting of any suspicions of money laundering, terrorist financing, bribery, corruption or other financial malpractice.

If you have evidence of a breach of this policy, please email our Compliance Officer Kushant Mahadooa at k.mahadooa@ascent-africa.com. Please include your name, contact details, the name of the Ascent staff or Ascent investee company concerned, or an institution or person directly related to Ascent operations and the nature of the complaint. Such complaints will be treated confidentially and investigated by the Compliance Officer as quickly as possible.

As much as we are able to, we will keep you informed of our investigations. Once we have completed the investigation, you will be provided with a summary of the outcome, in so far as we are permitted to by law and/or confidentiality obligations. Our Board of Directors will be involved with any reports that raise material issues.