Health Assured Ltd

SECTION 172(1) STATEMENT

• likely consequences of any decisions in the long-term;
• interests of the company's employees;
• need to foster the company's business relationships with suppliers, customers
• and others;
• impact of the company's operations on the community and environment;
• maintenance of its reputation for high standards of business conduct; and
• need to act fairly as between the different stakeholders of the company.

In discharging its s172 duties, Health Assured Ltd has regard to the interests and views of its internal and external stakeholders. Health Assured Ltd (the ‘Company’) is a subsidiary of Peninsula Business Services Group Limited and part of the Peninsula Group of companies (the ‘Group’).

Information regarding engagement with stakeholders, including employees, suppliers and customers are updated annually and included in the relevant section of the Directors’ Report in the Company’s financial statements, publicly available from Companies House.

By considering the Company's purpose, vision, and values along with its strategic priorities, the Company aims to make sure its decisions are consistent and equitable. The Company has established policies and procedures that reflect its commitment to responsible business practices. These policies are communicated clearly and consistently across the staff base. The Company seeks to foster a culture of open communication and transparency, encouraging feedback from all stakeholders.

As is normal for large companies, Health Assured Ltd delegates authority for day-to-day management to its executives and engages management in setting, approving and overseeing the execution of the business strategy and related policies. The Company reviews the financial and operational performance of the business on a monthly basis with formal reporting and review at both board and executive level, supplemented by daily, weekly and monthly reporting and assessment of various KPIs across all areas of the operations. Regular Company board meetings are held throughout the year including a mix of Group and Company executive directors in attendance with participation also from other senior employees. Through these and other means theCompany reviews a variety of important matters over the course of the financial year including risk and compliance, corporate governance, environmental legal, pensions, and health & safety, diversity &, inclusivity, corporate social responsibility and other stakeholder-related matters.

This ensures the Company has an overview of engagement with stakeholders and complies with its s172 duty to promote the success of the Group.