BUSINESS CONTINUITY MANAGEMENT POLICY STATEMENT

INCLUDING LINEAR FISHERIES (OXFORD) LTD

Introduction & Purpose Smith & Sons (Bletchington) Ltd is committed to undertaking its business activities responsibly and sustainably, meeting the needs of our customers, employees and other stakeholders, while managing the social and environmental impacts of our activities.

The Company provides this Business Continuity Management Policy in support of a program for business continuity, disaster prevention and business recovery. A Business Continuity Plan (BCP) has been developed which ensures that we detect, prevent, minimise and, where necessary, deal with the impact of disruptive events. In the event of such incidents, we will be able to protect our people, systems, infrastructures, stakeholders and the surrounding environment. We will be able to prioritise activities and return to ‘business as usual’ as soon as possible.

B. Terms and Definitions

BCP: Business Continuity Plan

Smiths: Smith and Sons (Bletchington) (The Company)

C. Responsibilities

Senior Management must:

Ensure they are familiar with this policy.
Ensure the policy is implemented, understood, and enforced within their area of responsibility.

All Business Managers must:

Ensure they are familiar with this policy.
Ensure the policy is implemented, understood, and enforced within their area of responsibility.

All employees must:

Must adhere to this policy.

D. Process

We aim to:

Continue to provide key services to our customers in times of disruption.
Reduce the period of disruption, both for the company, our customers and other stakeholders.
Comply with relevant legislation/regulations.
Reduce the operational and financial impact of any disruption.

Business Continuity Management Policy

To achieve these aims, we will:

Identify critical activities and resources, undertake Business Impact Analysis and select Risk Mitigation Strategies. These will be applied to reduce the likelihood, severity and duration of a disruption.
Produce Business Continuity Plans to enable staff to continue key services and activities at an acceptable predefined level. These plans will be communicated to staff, and the necessary training undertaken.
Test these plans from time to time and carry out management reviews of the BCP annually to enable continuous improvement.

The Senior Management Team of Smith & Sons (Bletchington) Ltd is accountable for the Business Continuity Management Policy and the maintenance of the Business Continuity Plans.

The Senior Management Team will:

Assign responsibility to specific executives.
Ensure the effectiveness of the BCP.
Ensure that effective reviews of the BCP are carried out.

Ric Clemmey
Managing Director
November 2024