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BUCARS RV

Modern Slavery Report

Fiscal Year 2023

Modern Slavery Report

This Modern Slavery Report (the “Report“) addresses the period from February 1, 2023 to January 31, 2024 and has been prepared in compliance with the Fighting Against Forced Labour and Child Labour in Supply Chains Act (Canada) (the “Act“).

This Report is made on behalf of Redson Resource Management Ltd. o/a Bucars R.V. Centre (“Bucars” or the “Corporation“).

INTRODUCTION

At Bucars, corporate integrity, responsible product sourcing, and the safety and well-being of workers across the global supply chain are of paramount importance to our operations, management, and business. As part of our commitment to holding ourselves to the highest standards of respecting and protecting the human rights belonging to all individuals involved and affected by our business operations, we have a responsibility to ensure exploitative practices, including forced labour and child labour (“Modern Slavery“) are addressed and minimized in our supply chains. Through continuous reassessment of our practices, and a dedication to improving them by taking action, we strive to prevent and reduce the risk that Modern Slavery is used in our business or supply chains.

STRUCTURE, ACTIVITIES, AND SUPPLY CHAINS

Structure

Bucars is a corporation existing under the Business Corporations Act (Alberta) and has a board of directors as its governing body. Bucars is a privately owned corporation registered in Alberta with its head office located in Balzac, Alberta and over 62 employees. Bucars is a member of the Recreation Vehicle Dealers Association of Alberta and the Recreation Vehicle Association of Canada. The Corporation has no operating subsidiaries.

Activities

Bucars provides the sale of new and used recreation vehicles, recreation vehicle service, as well as parts and accessories associated with recreation vehicles.

Supply Chain

The recreation vehicles we sell are manufactured in Canada and the United States and we purchase directly from the manufacturer. The parts and accessories are for the most part manufactured in North America and distributed by companies in Canada and the United States; however, our suppliers may have sourced materials and parts from various countries to create the products and parts which we import. As we work towards mitigating the risks of Modern Slavery pursuant to our adopted Policy and Supplier Code of Conduct, we will gather more information regarding the origin of each good and service used at each stage of the supply chain.

MODERN SLAVERY POLICIES AND DUE DILIGENCE PROCESSES

Our implementation of good governance, including formal policies and codes of conduct, has given us the foundation to ensure our efforts towards mitigating the risks of Modern Slavery in our business and supply chains are effective. We do not tolerate slavery or human trafficking in our organization or those of our suppliers and subcontractors.

Anti-Modern Slavery Policy

Our actions are guided by our Anti-Modern Slavery Policy (“Policy“) which establishes our mandate to: (1) conduct due diligence to identify and assess the risks of Modern Slavery in our supply chains; (2) take steps to mitigate the risks of Modern Slavery in our supply chains by requesting all third-party suppliers to comply with our Code of Conduct; (3) comply with the Act; (4) review the Policy and Code of Conduct on an annual basis; and (5) provide relevant employees and management access to training opportunities on awareness and mitigation of Modern Slavery, all in accordance with the Policy.

Supplier Code of Conduct

The principle of corporate integrity applies to all aspects of our business, and encompasses all manufacturers, distributors, vendors, subcontractors, and other suppliers (each a “Supplier“) that supply products that we sell or that we incorporate into our products and services. Our Supplier Code of Conduct establishes the minimum standards that must be met by any new Supplier that sells goods or does business with us regarding the Supplier’s treatment of workers, workplace safety, the impact of the Supplier’s activities on the environment, and the Supplier’s ethical business practices. We expect new Suppliers to comply with the standards of the Supplier Code of Conduct in all their facilities and operations in accordance with the Policy, including with respect to manufacturing, distribution, packaging, sales, marketing, product safety and certification, intellectual property, labour, immigration, health, worker safety, and the environment. We review our Supplier Code of Conduct on an annual basis.

Due Diligence

We expect third-parties with which we work with to adhere to business principles and values similar to our own and to comply with all applicable laws and regulations. In order to mitigate potential risks of Modern Slavery in our supply chains, we intend to follow a due diligence approach in accordance with the Policy that includes the following steps:

MODERN SLAVERY RISKS, MITIGATION, AND REMEDIATION MEASURES

Risk Identification and Mitigation

Through Bucars adopted Policy regarding the mitigation of Modern Slavery, our mandate is to conduct due diligence to identify and assess the risks of Modern Slavery in our supply chains. By gathering information from Suppliers through the Supplier Code of Conduct, we are putting ourselves in a position to better identify such risks. Until we receive further data in this regard, Bucar’s has not identified Modern Slavery in our recreational vehicle sales business involving the importation of goods from the United States of America.

Remediation Measures

As we have not started the process of analyzing our supply chain in detail, we have not yet identified any part of our activities or supply chains that carry a risk of Modern Slavery and, therefore, have not identified any Modern Slavery for which remediation measure could be taken. We acknowledge the need for vigilance and ongoing monitoring to ensure that we continue to mitigate the risk of Modern Slavery in our operations and supply chains. To that end, we will regularly review our risk assessments and implement any necessary remediation measures should the need arise in the future.

LOSS OF INCOME REMEDIATION

As we have not started the process of analyzing our supply chain in detail, we have not yet identified any part of our activities or supply chains that carry a risk of Modern Slavery and, therefore, have not identified any incidents of loss of income resulting from any measure taken to eliminate the use of Modern Slavery in our activities and supply chains for which remediation measure could be taken.

TRAINING PROGRAM

We believe that awareness and education are crucial in preventing Modern Slavery. To that end, in accordance with our Policy, we strive to provide training from time to time for all applicable employees of Bucar’s working in areas which could be impacted by Modern Slavery. The scope of the training will focus on our policies and due diligence practices to address Modern Slavery while promoting awareness of our obligations under the Act and identifying key risk factors. Where employees work directly with Suppliers, it is important for them to familiarize themselves with the Supplier Code of Conduct and to ensure Suppliers understand what is expected of them.

ASSESSING EFFECTIVENESS

Our ongoing commitment to preventing and minimizing risks of Modern Slavery in our operations and supply chains involves our continuous monitoring and assessment of the efficacy of our current policies, codes of conduct, due diligence procedures, and training. Where appropriate, we will take necessary steps to improve our processes. If potential risks in our operations and supply chains are identified, we will subsequently identify the appropriate corrective action both internally and with third-parties, including Suppliers, and will track these issues to completion. We are committed to continually improving our efforts to combat Modern Slavery and human trafficking. In the coming year, we plan to:

We are committed to combatting Modern Slavery in all its forms. We recognize the importance of transparency and accountability in this effort and will continue to work diligently to ensure that Modern Slavery and other slavery-like practices have no place in our business or supply chains.

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