Modern Slavery Statement

INTRODUCTION
Shutterstock is a leading global creative platform offering full-service solutions, high-quality
content, and applications for brands, businesses and media companies. Directly and through
our group subsidiaries, Shutterstock's comprehensive collection includes high-quality
licensed photographs, vectors, illustrations, videos, 3D models and music.
This statement is made pursuant to section 54 of the Modern Slavery Act 2015 and sets out
the steps taken by Shutterstock to prevent modern slavery and human trafficking from taking
place in our supply chain. We are committed to achieving high ethical standards and to
acting with integrity in all areas of our business.
STRUCTURE, BUSINESS AND SUPPLY CHAINS
Founded in 2003 and headquartered in New York City, Shutterstock is a global marketplace
for licensed content. Shutterstock’s platform brings together users and contributors of
content by providing readily-searchable content that customers pay to license and by
compensating contributors for the licensing of such content. Shutterstock’s ultimate parent
company is US-based Shutterstock, Inc but the group also has operating subsidiaries in the
UK, continental Europe and Asia. Where we refer to Shutterstock in this statement, we are
referring to the collective group, including all of Shutterstock’s subsidiaries and affiliates
worldwide.
Shutterstock has approximately 1000 employees globally and works with staff
photographers, videographers, contributors, producers and creatives around the world. Our
content offering ranges from wholly owned content created by our staff photographers,
crowdsourced content from our global contributor network, bespoke content produced by our
in-house Studios team, and content distributed by Shutterstock from partnerships with
agencies as well as production and media companies. We also have vendor relationships
with external suppliers to provide employee benefits and facilities as well as vendors who
provide financial, legal and technological services and solutions.
POLICIES, TRAINING AND WHISTLEBLOWING PROTECTION
We are committed to ensuring that there is no modern slavery or human trafficking in our
supply chains or in any part of our business. Our internal Code of Conduct and Business
Ethics reflects our commitment to acting ethically and with integrity in all our business
relationships and to implementing and enforcing effective systems and controls to ensure
slavery and human trafficking is not taking place anywhere in our supply chains.
Shutterstock is proud to promote a working culture in which diversity, equality, inclusion and
respect are paramount and where whistleblowing and other procedures for raising concerns
are accessible and protected. All employees must read and accept the Code of Conduct and
Business Ethics as part of Shutterstock’s annual compliance training.
RISK ASSESSMENT AND DUE DILIGENCE PROCEDURES
Shutterstock views our industry and the majority of our suppliers as low-risk. Despite this, we
seek to mitigate the risk of modern slavery occurring by:
• Ensuring all employees have the right to work in the relevant territory in which they
are employed and ensuring we comply with all local legal requirements in those
territories;
• Include contractual provisions in all relevant documentation with external suppliers,
contributors, contractors and agencies to ensure compliance with all applicable laws,
including modern slavery and anti-trafficking legislation;
• Collaborate with vendors and customers to respond to their own due diligence
processes accurately and comprehensively;
• Protect whistleblowers and those who raise concerns or grievances by employing a
dedicated whistleblowing hotline as well as ensuring HR advice and support;
• Review our supplier audit program to include modern slavery.
• Our content creation guidelines and external party agreements include language to
ensure all of our employees, suppliers and partners engage with and abide by all
relevant anti-slavery and human trafficking laws in relation to the services provided.
• Shutterstock’s Studios business engages in content creation, both in house and via
partnerships with external production and media partners. We ensure all required
permits and authorizations are in place when we create and distribute content
including minors.
MEASURING EFFECTIVENESS
We will review our global practices annually to ensure we mitigate any risk of noncompliance with the Modern Slavery Act. We will continue to encourage and facilitate
conversations throughout our supply chains to ensure any areas of risk or non-compliance
are effectively identified and resolved. Our Board of Directors will review and approve this
policy on an annual basis.
This statement is made pursuant to section 54(1) of the UK Modern Slavery Act 2015 and
constitutes Shutterstock’s anti-slavery and human trafficking statement for the year ending
December 2025.
Approved by Shutterstock’s Board of Directors on July 21, 2025.