Modern Slavery Statement

1. Introduction

This Modern Slavery Statement (the “Statement”) for dbt Labs, Inc. covers the period 1st February 2024 to 31st January 2025 (“Reporting Period”). This statement has been produced in accordance with the United Kingdom Modern Slavery Act 2015 and the Australian Modern Slavery Act 2018 (Cth) and applies to dbt Labs and its subsidiaries.

dbt Labs, Inc. (dbt Labs) is committed to applying the highest standards of legality, professionalism,honesty, and integrity in our interactions with employees, customers, suppliers, and the community. This includes a commitment to supporting global respect for human rights, and dbt Labs opposes all forms of modern slavery and human trafficking. This Statement outlines the steps that dbt Labs has taken to identify and address the risks of modern slavery to its business operations and supply chain.

2. Our business

Our structure

dbt Labs is a U.S company incorporated in Delaware. It is the parent company of five entities located in the United Kingdom, Australia, Ireland, Germany and Canada. All entities follow policies set by dbt Labs.

Our operations

dbt Labs is headquartered in Philadelphia, PA and as of 31st January 2025 had a total headcount of 542 in eighteen countries across North America, South America, EMEA and Asia Pacific. Since 2016, dbt Labs has been on a mission to help analysts create and disseminate organizational knowledge. dbt Labs pioneered the practice of analytics engineering, built the primary tool in the analytics engineering toolbox, and has been fortunate enough to see a fantastic community coalesce to help push the boundaries of the analytics engineering workflow. Today, there are 50,000 teams using dbt every week, 100,000 dbt Community members, and over 5,100 dbt Cloud customers.

3. dbt Labs' modern slavery risks

Based on our industry, business model and geographical footprint, and as a software company focused primarily on providing services and human talent, we face substantially less risk than many transnational companies (such as manufacturers and producers) with regards to modern slavery and human trafficking. We have assessed that the risk of modern slavery practices is low given (i) our direct business operations do not involve manual labour processes but instead leverage cloud-based software; (ii) we do not have a complex supply chain with multiple contractor or subcontractor levels; and (iii) we are not aware of any element of our supply chain that gives rise to a substantial risk of modern slavery. Nonetheless, dbt Labs has a zero tolerance for any form of modern slavery in our business operations and is committed to ensuring that we take appropriate measures to comply with the Modern Slavery Acts of the United Kingdom and Australia, and any other applicable anti-slavery and human trafficking laws.

4. How dbt Labs has addressed its modern slavery risks

Our employees:

dbt Labs has clear, well maintained processes in relation to the recruitment, onboarding and managing ongoing remuneration of its employees, ensuring a consistent and fair approach throughout employees’ tenure. Background checks, as permitted by applicable law, are also completed on incoming employees.

All our employees have formal written contracts and are overseen by an experienced global People team.

Training:

All dbt Labs’ employees undergo a structured onboarding and compliance training and are also required to undergo refresher training throughout each year to ensure that knowledge is kept up to date. Subjects covered during onboarding include but are not limited to:

• Anti-Harassment and Bullying
• Anti-Corruption and Anti-Bribery
• Code of Ethics & Conduct
• Privacy
• Equal Opportunity / Anti-Discrimination

Code of Ethics and Conduct:

dbt Labs opposes all forms of violence, threatening behaviour, unlawful child labour, forced labour, and human trafficking, in addition to any other unlawful activities. OurCode of Ethics and Conduct explicitly states the obligation of all dbt Labs’ employees to comply with all applicable laws, including laws relating to human trafficking and forced labour. All dbt Labs’ employees are directed to, at all times, operate in compliance with the Code of Ethics and Conduct, as well as all applicable laws and regulations related to human trafficking and forced labour.

Reporting violations:

If an individual suspects that a crime or known or suspected violation of the applicable code of conduct has been committed, they are required to promptly report such crime or violation to legal@dbtlabs.com, or may submit a report via the independent third party, EthicsPoint (either online or by telephone as they prefer). This also includes violations within a supplier’s organization and those within its upstream or downstream supply chains. The ability to report in this manner empowers both dbt Labs’ employees and suppliers to promote safety and ethical behaviour.

5. Our supply chain

At dbt Labs, we continue to improve our due diligence measures in order to ensure we are engaging partners who are committed to doing business the right way and have not participated in unlawful conduct, including human trafficking or modern slavery. We screen key suppliers by means of a new vendor questionnaire which is linked to our risk assessment. If any red flags are identified, dbt Labs is committed to following up on these with additional checks as appropriate.

6. Recent developments and looking forward

The past year

We have not been made aware of any allegations of human trafficking / modern slavery against any of our subsidiaries, suppliers or partners.

In the Reporting Period, we have achieved the following:

• Subject to our documented security risk assessment procedures, we completed checks on existing key suppliers by means of a questionnaire.
• We recruited a Strategic Sourcing Manager who joined dbt Labs in Q1FY25, and whose remit includes increased oversight of vendor selection and onboarding.
• Updated our ‘new vendor’ questionnaire to include key questions regarding modern slavery / human trafficking to determine the vendor’s compliance with our policies.
• Introduced new General Terms and Conditions for the Purchase of Goods / Services which required supplier’s compliance to a specific Supplier Code of Conduct with a hyperlink to same.
• Introduced a specific Supplier Code of Conduct that in addition to requiring compliance with all applicable laws, also enables us to obtain documentation or certification from the supplier to determine its compliance with the Supplier Code of Conduct.

The year ahead:

We are committed to monitoring, identifying and minimizing the risks of slavery and human trafficking in our supply chain. As such, in the financial year ending 31st January 2026 we aim to:

• Have updated our employee refresher training to include dbt Labs’ Code of Ethics and Conduct, requiring employees to certify compliance with the Code of Ethics and Conduct on an annual basis.
• Subject to our documented security risk assessment procedures and cadence, complete checks on existing key suppliers by means of a questionnaire.
• Continue to improve and enhance existing risk assessment and due diligence activities, policies and training across the company to mitigate and prevent the risk of human rights impacts in our operations and supply chain.

7. Consultation and board approval

This Statement is made pursuant to section 54(1) of the United Kingdom Modern Slavery Act 2015 and section 14 of the Australian Modern Slavery Act 2018 (Cth) and constitutes the slavery and human trafficking statement of dbt Labs Inc.and its subsidiaries. This Statement was prepared by dbt Labs’ Legal team, in consultation with key areas of dbt Labs’ business. It was approved by the Board of Directors of dbt Labs, Inc., on 31st March 2025.

The statement in its entirety is signed below.

Name: John Tristan Handy

Position: Director

Date: 31st March 2025

dbt Labs, Inc.