How Audinate manages its environmental, social and governance responsibilities, and reports on its progress.
Audinate’s ESG framework is built around four pillars that reflect the sustainability matters most relevant to our business and stakeholders. Together, these pillars support our corporate strategy by helping us attract and develop exceptional people, manage our environmental and operational footprint, deliver trusted products and platforms, and maintain the governance standards that underpin durable performance.
Engagement and wellbeing is key to Audinate’s success. Employee feedback is provided through our annual engagement survey and mid-year pulse survey which informs Audinate’s people and culture initiatives.
Audinate prioritises employee engagement and wellbeing as critical pillars of the Company’s success. The feedback gathered also informs Audinate’s people and culture initiatives. Audinate’s employee engagement results align with the top quartile of industry benchmark when compared with a global peer group of technology companies. Wellbeing initiatives at Audinate include an Employee Assistance Program offering cost-free counselling for employees and their immediate family members, wellbeing-themed communications, and mental health first aiders. Importantly, there were no incidents during FY26 requiring WorkCover notification in Australia.
Employee feedback is communicated anonymously to the Board (and the Board Remuneration and Nomination Committee), including the annual engagement survey and mid-year pulse survey results. Additionally, Audinate’s Whistleblower Policy is in place to ensure that any concerns related to unethical or illegal conduct can be confidentially addressed by the Board, fostering a culture of trust and openness within the organisation.
Audinate supports employee development through the Career & Performance Management process. Through formal discussions and ongoing feedback this process fosters a partnership between employees and managers to set goals, discuss feedback and ensure support to enable future growth and performance.
All permanent full-time, part-time employees have access to the online learning platform, and the opportunity to participate in development-focused workshops, or pursue formal education opportunities if relevant. To set managers up for success, formal leadership and management training is provided.
Audinate has a strong commitment to diversity and recognises the value of attracting and retaining people with different backgrounds, knowledge, experiences, and abilities. The Company understands that diversity not only encompasses gender but extends to age, ethnicity, religious beliefs, cultural background, language, marital or family status, sexual orientation, gender identity, disability, socio-economic background, perspective, and experience.
Audinate lodged an annual report with the Workplace Gender Equality Agency (WGEA) in 2026 in accordance with the Workplace Gender Equality Act 2012. Audinate’s Public Report is available here.
Audinate’s ability to cultivate a diverse and inclusive workplace is essential to the Company’s ability to attract, engage and retain the talent crucial for ongoing success. The Company’s policies, practices and values ensure an environment where individual differences are appreciated, allowing employees to realise their potential and contribute to the Company’s success. By upholding human rights and fostering diversity, Audinate ensures a dynamic and inclusive workplace where individual differences are valued. To further support this inclusive environment, Audinate requires compulsory discrimination and harassment training for all employees. This training is designed to foster appropriate workplace behaviour by educating employees on preventing, recognising and addressing discrimination and harassment in the workplace, ensuring a safe and respectful environment for everyone.
Audinate is proud of the diversity of its global team. As of the end of FY26, the Company employed 211 people across 11 countries, representing 27 nationalities and 34 countries of birth. There is also a broad representation of age groups, with the age range spanning 5 decades.
Gender Diversity
Gender diversity remains an area of focus. At the end of FY26:
| FY25 | FY26 | |
|---|---|---|
| Women in global workforce | 27% | 24% |
| Women in senior executive team | 13% | 11% |
| Women on the Board | 29% | 33% |
Diversity and inclusion Objectives
Audinate has maintained an aspirational objective of 30% of people manager vacancies to be filled by women. In FY26 11% of people manager vacancies were filled by women, while 24% of people manager vacancies were filled by women over the FY21–FY26 period since this objective was introduced.
The gender mix within relevant technical talent pools continues to influence workforce composition. In FY26, approximately 74% of roles at Audinate required engineering or related qualifications and/or AV industry experience – disciplines where female participation remains structurally low. Audinate has set an aspirational objective for the representation of female candidates in Engineering roles to be above the representation of females in the relevant talent pool, and at the end of FY26 the representation of females in these roles was broadly aligned with the gender composition of the talent pool, based on relevant industry data.
Audinate remains committed to fostering an inclusive environment and implementing practices that create greater opportunities for female participation, particularly in technical and leadership roles.
Diversity and Inclusion Initiatives
Audinate’s Diversity and Inclusion program in FY26 included several initiatives to foster a diverse and inclusive workplace.
Employees were given opportunity to comment on diversity and equal opportunity within the workplace through the Company’s annual Employee Engagement Survey. The feedback strongly indicated that people from all backgrounds have equal opportunity to succeed at Audinate, with the score in this area being well above the top quartile threshold as compared to peer technology companies.
Audinate continued its sponsorship of the UNSW Women in Technology Society, hosting a networking event for students, providing mentors for the Women in Technology mentoring program, and participating in the UNSW Career Discovery program. These initiatives support female participation in STEM and build relationships with high-potential graduate talent.
The Company continued to implement recruitment processes designed to reduce bias and broaden candidate pools. High standards of workplace behaviour are also communicated to all employees through Audinate’s Appropriate Workplace Behaviour Policy, which supports a safe, inclusive and respectful environment and educates employees on preventing, recognising and addressing workplace discrimination and harassment.
Employees continue to benefit from the Hybrid Working Policy and an enhanced global Paid Parental Leave Policy available to both primary and secondary carers. In FY26, 16 employees utilised the Parental Leave Policy. A Parental Leave Connection Program is available to support employees on parental leave to remain engaged during their leave period.
Audinate’s Board and management are committed to high corporate governance standards and to actively managing and responding to risks and opportunities. We have a number of Board endorsed policies and statements which focus on company culture including Corporate Governance Statement, Code of Conduct and Diversity policies:
All of these documents are regularly reviewed and updated as necessary.
Audinate is committed to enhancing corporate governance and responsible business practices. The Company proactively addresses critical issues like anti-corruption and human rights. While complying with both local and global regulations, Audinate aims to maximise positive impacts and minimise negative ones, striving to go beyond mere compliance to make a meaningful difference.
Audinate adheres to a comprehensive Code of Conduct, that establishes clear standards in areas such as human rights, anti-corruption, data security and privacy, non-discrimination, diversity and equal opportunity, and workplace health and safety. The Code of Conduct applies to all employees, officers, members of Audinate’s Board of Directors, and the Company’s subsidiaries around the world. All employees are required to review the Code of Conduct upon joining Audinate. Additionally, to reinforce its principles and ensure compliance, employees, including permanent full-time, part-time employees and contractors, undergo training on the Code of Conduct at least every two years.
Board Skills
The Board aims to comprise directors with a broad range of skills, expertise, and experience from a diverse range of backgrounds that is appropriate to the Company and its strategy. The Board, together with the Remuneration and Nomination Committee, regularly reviews the skills required by the business and represented by the Directors of the Board. Together they will determine whether the composition and mix of those skills remain appropriate for the Company’s strategy, subject to limits imposed by the constitution. The Board Skills Matrix includes the following:
Enterprise risk management
Audinate manages risk through an enterprise risk management framework that provides a structured approach to identifying, assessing, and responding to material risks across the business. Risks are assessed by reference to likelihood and consequence, with owners assigned at the executive level. The risk register is reviewed regularly by management and reported to the ARMC, which escalates material matters to the full Board.
A summary of the most significant strategic, operational, and emerging risks is set out below. This summary is not exhaustive but represents those risks currently assessed as having the potential to materially impact the business. The risk environment continued to evolve during FY26, with competitive dynamics, geopolitical developments, and regulatory change contributing to a more complex operating environment.
More detail is contained in Audinate’s Risk Management Policy.
Strategic risks
| Risk | Description | Risk management approach |
|---|---|---|
| Market competition | Audinate’s core audio networking market reflects the strength of the Dante ecosystem, with approximately 5,100+ products across 500+ OEM brands representing a deeply embedded and widely adopted platform. However, as Audinate expands into video networking and control solutions, the Company enters markets where it does not hold the same incumbency advantage and faces competition from established players. | Audinate’s primary competitive advantage in adjacent markets is the ability to leverage the existing Dante ecosystem – offering OEM partners and end users a unified, interoperable platform across audio, video, and control. The Company continues to invest in product innovation and platform development to accelerate its position in video and control. Competitive dynamics in new market segments are monitored by management and reviewed by the Board as part of ongoing strategy oversight. |
| Industry standardisation | The Pro-AV industry continues to see the development of open and alternative AV networking standards. Broader adoption of open standards by OEM partners or end users could reduce the perceived need for a proprietary networking protocol, potentially affecting Dante’s competitive positioning, licensing revenue, and ecosystem growth. | Audinate actively participates in industry standards bodies, positioning Dante as complementary to, rather than in competition with, open standards adoption. The Company’s strategy recognises that interoperability strengthens rather than undermines the Dante value proposition, by enabling Dante-enabled products to operate within broader AV networking environments. Continued investment in platform capability, ecosystem breadth, and OEM partner relationships supports Dante’s competitive differentiation beyond the protocol layer. |
| Customer adoption | Audinate’s growth depends on OEM partners successfully commercialising Dante-enabled products and on end users continuing to adopt and upgrade AV networking infrastructure. A slowdown in OEM product launch activity, extended end-user upgrade cycles, or a shift in purchasing behaviour toward alternative networking standards could adversely affect revenue. | Audinate maintains deep relationships across its OEM partner network and monitors partner pipeline activity and product launch timelines. The breadth of the Dante ecosystem, provides diversification against single-partner concentration. Ongoing investment in the Dante platform and developer tools supports partner product development and ecosystem expansion. |
| Business model evolution | Audinate’s established business model is built on OEM licensing, where revenue is generated through the integration of Dante technology into partner products. The Company’s strategic expansion into software-enabled solutions, cloud-based services, and direct-to-customer products, including through the Iris platform and AVIO product range, introduces commercial models and customer relationships that differ materially from this foundation. These newer models involve different revenue recognition profiles, sales motions, and customer support requirements, and carry execution risk as the Company builds the capabilities and market presence required to compete effectively in direct-to-customer segments. | Audinate manages business model evolution through structured product roadmap planning and stage-gated investment decisions that require new initiatives to demonstrate commercial viability before scaling. Customer engagement strategies are tailored to the distinct requirements of OEM partners and end-user customers respectively. Progress against new commercial model objectives is monitored by management and reviewed by the Board. |
| Acquisition and Integration risk | Audinate has pursued selective acquisitions as part of its platform expansion strategy, most recently the acquisition of Iris Studio to accelerate its entry into video networking. Acquisitions carry inherent risk that anticipated strategic or financial benefits may not be fully realised, or may take longer to achieve than expected. | Acquisitions are subject to structured due diligence covering commercial, financial, legal, and technical dimensions prior to Board approval. Integration planning commences during the due diligence process and is managed by a cross-functional team with defined accountability for key integration workstreams. Progress against integration milestones is monitored by management and reported to the Board. |
| Macroeconomic and geopolitical conditions | Audinate’s revenue is denominated primarily in US dollars and derived from a globally distributed customer base, providing natural diversification against single-market economic weakness. However, a broad-based slowdown in technology spending — particularly in the Pro-AV, broadcast, and live events sectors that represent Audinate’s core end markets — could reduce OEM partner product volumes and delay end-user infrastructure investment, adversely affecting demand across the Dante ecosystem. Geopolitical developments present a separate and potentially more acute risk. The current global trade environment, characterised by escalating tariff regimes, technology export controls, and shifting bilateral trade relationships, has increased the relevance and potential severity of this risk relative to prior periods. | Audinate’s globally diversified customer base and USD-denominated revenue provide a degree of natural resilience against localised economic weakness. The Company monitors macroeconomic conditions and technology spending trends across its key end markets, incorporating these factors into near-term revenue forecasting and financial planning. Supply chain planning explicitly considers geopolitical developments affecting key manufacturing and sourcing regions, with concentration risks assessed as part of the enterprise risk management framework. Material macroeconomic and geopolitical developments are monitored by management and reported to the Board. |
Operational risks
| Risk | Description | Risk management approach |
|---|---|---|
| Technology development | Audinate’s competitive position depends on its ability to continuously innovate and deliver new platform capabilities ahead of or in response to market expectations. Delays in product development, technical execution risk in new platform areas such as video and control, or failure to achieve adoption of new platform features could adversely affect revenue growth and competitive positioning. | Audinate maintains strong engineering capability across its global development team, supported by structured product lifecycle management and testing processes. Investment in R&D is a core component of the Company’s operating model, with product roadmap priorities reviewed regularly by the executive team and the Board. |
| Intellectual property protection | Audinate’s competitive position depends on the integrity and enforceability of its intellectual property, including patents, trade secrets, and proprietary technology embedded in the Dante protocol. Risks include unauthorised use, reverse engineering, or replication of Dante technology. | Audinate protects its intellectual property through a combination of patents, licensing frameworks, contractual protections, and active monitoring of potential infringements. The IP protection framework is reviewed regularly with the support of external specialist advisors. |
| Cybersecurity and data protection | Audinate operates a technology licensing platform whose commercial value depends on the integrity and availability of its systems, the security of its product development environment, and the trust of its OEM partners and end customers. Cybersecurity risks include malicious attacks, data breaches, ransomware, system vulnerabilities, and third-party supply chain compromises. As Audinate expands into cloud-based services and direct-to-customer products, the Company’s attack surface and data handling obligations are increasing, introducing new exposure to data protection and privacy risks across multiple jurisdictions. A material cybersecurity incident could disrupt operations, damage partner and customer confidence, trigger regulatory obligations, and adversely affect the Company’s reputation and financial performance. | Cybersecurity risks are managed through a structured governance framework comprising a Cyber Security Steering Committee, a cross-functional Cyber Security Working Group, and a dedicated Security Operations function. Audinate holds ISO/IEC 27001:2022 certification across its ISMS, covering corporate systems, product development environments, and customer data. Controls include vulnerability management, identity and access management, threat monitoring, incident response, and mandatory employee security awareness training. Cybersecurity risks are reported regularly to the ARMC. |
| Supply chain disruption | Audinate’s hardware products depend on a global supply chain that includes semiconductor components, contract manufacturing, and international logistics. The Company sources critical components, including memory and specialised silicon, from a concentrated group of suppliers, and relies on contract manufacturing partners concentrated in specific geographic regions. Supply chain disruption can arise from semiconductor shortages, logistics constraints, manufacturing quality issues, or geopolitical developments affecting key supplier regions, including trade policy changes, tariffs, and regional tensions in areas where manufacturing is concentrated. A prolonged or severe disruption could affect Audinate’s ability to fulfil product demand, increase input costs, or require accelerated investment in alternative supply arrangements. | Audinate manages supply chain risk through long-term relationships with key suppliers and contract manufacturing partners, supported by regular supply chain monitoring and demand planning. The Company maintains strategic inventory positions for critical components to provide a buffer against short-term supply disruptions. Supply chain concentration risks, including geographic and single-supplier dependencies, are assessed as part of the enterprise risk management framework, with diversification of manufacturing arrangements evaluated on an ongoing basis. The Supplier Code of Conduct establishes minimum standards for ethical conduct, quality, and environmental management across the supply chain. Material supply chain developments are reported to the ARMC. |
| Channel inventory risk | Audinate sells hardware products through a network of distributors and channel partners who maintain inventory positions to service end-user demand. When channel inventory levels are elevated, whether due to demand softness, over-ordering, or changes in purchasing behaviour, distributors and customers may reduce or defer new orders until existing stock is absorbed. This can create a temporary but material disconnect between underlying end-user demand and Audinate’s recognised revenue, compressing near-term financial performance even when market conditions remain constructive. | Audinate monitors channel inventory levels and sell-through data on a regular basis through direct engagement with key distribution partners. Inventory positions are tracked against historical norms and assessed alongside leading demand indicators to identify emerging imbalances early. Sales and operations planning processes incorporate channel inventory considerations into near-term revenue forecasting. Where elevated inventory positions are identified, commercial engagement with channel partners is adjusted accordingly to support inventory normalisation. |
| Key person and talent | The Company’s strategy and operations depend on the expertise and leadership of key personnel, including the executive team and specialist technical staff. The loss of key individuals or an inability to attract and retain skilled employees could affect the Company’s ability to execute its strategy. | Audinate manages key person and talent risk through a combination of succession planning, competitive remuneration arrangements, and deliberate investment in employee engagement and leadership development. Executive succession planning is overseen by the Remuneration and Nomination Committee, with succession considerations incorporated into Board-level strategy discussions. Remuneration frameworks are designed to attract and retain high-calibre individuals while aligning executive incentives with long-term shareholder value. Employee engagement is monitored through regular surveys, with results reported to the Board and used to inform people and culture initiatives. The Company’s hybrid working arrangements, global parental leave policy, and investment in professional development support talent retention across its international workforce. |
| End-user data and privacy | The expansion of the Dante platform into cloud-based services and direct-to-customer products introduces new data collection and processing activities, increasing the Company’s exposure to data protection and privacy obligations across multiple jurisdictions. | Data protection governance, privacy-by-design principles in product development and compliance with applicable data protection regulations including the Australian Privacy Act, EU GDPR and UK GDPR. |
Emerging risks
| Risk | Description | Risk management approach |
|---|---|---|
| Artificial intelligence governance | The rapid evolution of AI technologies introduces regulatory, privacy, intellectual property and cybersecurity risks. The regulatory landscape is evolving, with the EU Artificial Intelligence Act and emerging frameworks in other jurisdictions creating new compliance obligations. The use of AI within the Company’s operations and products requires ongoing governance to manage associated risks. | AI governance framework established during FY26, including internal usage guidelines and review processes for AI-assisted workflows. Monitoring of regulatory developments and assessment of compliance implications. AI governance risks are assessed within the enterprise risk management framework. |
| Climate-related risks | Audinate’s direct operational footprint is asset-light, with climate-related exposure arising primarily through its value chain and the evolving regulatory environment. Physical climate risks are most relevant to the Company’s upstream supply chain, including potential disruption to semiconductor manufacturing and logistics infrastructure resulting from extreme weather events, water stress, or other climate-related factors affecting key supplier regions. Transition risks include evolving regulatory obligations — including Australia’s phased mandatory climate disclosure regime under AASB S2, under which Audinate anticipates entering Group 3 for the year ending 30 June 2028 — together with emerging climate-related procurement and supply chain requirements from OEM partners and enterprise customers, particularly in European markets subject to the EU Corporate Sustainability Reporting Directive. | Climate-related risks are monitored within the Company’s enterprise risk management framework and reviewed by the Audit and Risk Management Committee. Audinate has transitioned its Sydney headquarters to certified renewable electricity and measures Scope 1 and Scope 2 emissions in accordance with the GHG Protocol. The Company’s Supplier Code of Conduct incorporates environmental responsibility expectations, and environmental management practices are assessed as part of the supplier screening process applied to key manufacturing partners. Audinate is progressing its readiness for AASB S2 mandatory disclosure obligations, including development of governance processes, emissions measurement and scenario analysis capability. Management monitors relevant regulatory developments across Australian, EU and other jurisdictions and reports material developments to the Board. |
In addition to the risks outlined in the table above, Audinate is subject to a range of other business risks that may affect its operations, performance, or reputation. While these risks are not individually detailed in this report, they are actively monitored and assessed as part of Audinate’s broader risk management framework.
Audinate’s approach to governance across its products, platforms, and operations spans three domains: cybersecurity and data protection, supply chain management, and artificial intelligence. The disclosures below describe how the Company manages risks and maintains stakeholder confidence in each area.
Cybersecurity and data protection
Audinate recognises the increasing complexity and significance of data and cybersecurity risks, along with their potential impact on the Company’s operations, reputation, and stakeholder trust. Cybersecurity risks are managed through a structured governance framework that includes a Cyber Security Steering Committee, a cross-functional Cyber Security Working Group and a dedicated Security Operations function.
Audinate has established an Information Security Management System (ISMS) that supports the protection of corporate systems, product development environments and customer data. ISO/IEC 27001:2022 certification, first achieved in FY25, was maintained throughout FY26.
Cybersecurity risk management is embedded within the Company’s enterprise risk management framework and encompasses vulnerability management, identity and access management, threat monitoring, and incident response. Business continuity and disaster recovery planning incorporate cybersecurity considerations.
All employees receive cybersecurity awareness training, including guidance on secure data handling and phishing. Third-party technology partners and service providers with access to systems or sensitive data are subject to cybersecurity due diligence. Cybersecurity risks and controls are reviewed regularly by management and reported to the ARMC.
Supply chain management
Audinate relies on a network of global suppliers and contract manufacturing partners to support product development and delivery. The Company maintains direct relationships with key technology suppliers, including its primary contract manufacturing partner, to support product quality and operational continuity.
Audinate’s Supplier Code of Conduct, introduced in FY23, sets out the Company’s expectations on ethical labour practices, human rights, environmental responsibility, and business conduct. A supplier screening process is applied to key suppliers and contract manufacturers to support compliance with international trade laws and alignment with Audinate’s quality, sustainability, and ethical standards.
Supplier risks are monitored through regular reviews assessed against product quality, ethical labour standards, environmental management, and governance practices. Audinate monitors supplier adherence to regulations covering hazardous substances, electronic waste, and conflict minerals sourcing.
AI governance and responsible use
Audinate recognises that the integration of artificial intelligence technologies into business operations and product development introduces both opportunities and emerging risks, including in the areas of data privacy, intellectual property, cybersecurity and regulatory compliance.
During FY26, Audinate established internal governance controls to support responsible use of AI across the organisation. These include guidelines for employee use of generative AI tools, data handling protocols for AI-assisted workflows, and review processes to assess the privacy and security implications of AI technologies prior to deployment. AI governance considerations are integrated into product development processes where applicable.
Audinate’s current AI governance framework is focused on internal use. AI is not currently a material component of Audinate’s products; as the Company’s product roadmap evolves, AI governance will be extended to cover product-level applications accordingly.
The regulatory environment for AI continues to develop, including the EU Artificial Intelligence Act and emerging frameworks across other jurisdictions in which Audinate operates. Management monitors these developments and assesses their implications for the Company’s operations, products, and compliance obligations. AI governance risks are assessed within the broader enterprise risk management framework.
Audinate will continue to develop its AI governance framework in line with evolving regulatory expectations and industry practices, and will report on progress in future reporting periods.
Audinate recognises the importance of managing its environmental impact responsibly. The Company’s asset-light business model means its direct environmental footprint is relatively limited, primarily comprising electricity consumption across office locations.
Greenhouse gas metrics
| Metric | FY25 | FY26 |
|---|---|---|
| Scope 1 emissions | Immaterial | Immaterial |
| Scope 2 emissions (Sydney office) | 81.9 tCO2e | 82.8 tCO2e |
| Electricity consumption (Sydney office) | 124.1 MWh | 129.4 MWh |
Scope 2 emissions are calculated using the location-based method, applying electricity consumption data from Sydney office power bills and the relevant NSW grid emissions factor published by the Department of Climate Change, Energy, the Environment and Water (DCCEEW) in the National Greenhouse Accounts Factors.
Reporting Boundary
During FY26, Audinate reviewed its greenhouse gas emissions boundary in preparation for alignment with AASB S2 and the operational control approach under the GHG Protocol. Smaller office locations operating within serviced environments, where electricity procurement and control sit with the building operator, are no longer included within Scope 2. Emissions from these locations are immaterial and will be incorporated within Scope 3 estimates as value-chain data collection develops. This boundary change has no material impact on reported figures.
Scope 3
Audinate’s most significant Scope 3 exposure relates to upstream and downstream activity associated with the manufacture, distribution, and use of Dante-enabled products across its OEM partner network. Given the scale and geographic spread of that network, Scope 3 measurement presents a data collection challenge the Company is actively working to address. In FY27, Audinate will identify the Scope 3 categories most material to its value chain and develop a methodology for estimation, in preparation for mandatory reporting obligations commencing FY28.
We have used the principles of The Global Reporting Initiative (GRI) Sustainability Reporting Standards to broadly guide our disclosures. The Audinate GRI Index maps our ESG disclosures against the GRI Reporting Standards and should be read in conjunction with the rest of Audinate financial statements, including our FY26 Remuneration Report and the Audinate Corporate Governance Statement.
