Prompt Payment Policy

IrvinGQ recognises the importance of treating our suppliers fairly and of their importance to the
success of our business.

Our Prompt Payment Action Plan sets out the steps we are taking to ensure that we settle
amounts due to our suppliers promptly and within the agreed contractual terms. This action
Plan is reviewed by the Senior Leadership Team on a quarterly basis and endorsed by the board
of directors.

New processes implemented throughout FY21, including the tracking of invoice approvals and
targeted communications with suppliers have had a positive impact on the timeliness of
supplier payments.

Through FY22 we have further improvements planned, including improvement in the accuracy
of our reporting and the implementation of a new automated invoice approval solution.