IFS have engaged Grant Thornton to produce an Independent Service Auditor Report covering the description of Controls Design for the IFS Cloud and Application Management Services. The activity was conducted in accordance with attestation standards established by both the American Institute of Certified Public Accountants (“AICPA”) Statement on Standards of Attestation Engagements number 18 (SSAE18) and International Standard on Assurance Engagements (ISAE) 3402, Assurance Reports on Controls at a Service Organisation, issued by the International Auditing and Assurance Standards Board. This has resulted in the production of a SOC 1 Type 1 Report as of October 2nd 2020, which expresses the auditor’s opinion regarding the fairness of the presentation by IFS of the description of their processes for the IFS Cloud and Application Management Services (AMS) and regarding the suitability of the design of the controls to achieve the related control objectives in the description.