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Exhibit 1.01
Edwards Lifesciences Corporation
Conflict Minerals Report
For the Year Ended December 31, 2024
OVERVIEW
Edwards Lifesciences Corporation (“Edwards,” and also referred to as “we,” “us,” or “our”) is the leading global structural heart innovation company, driven by a passion to improve patient lives.
Through breakthrough technologies, world-class evidence and partnerships with clinicians and healthcare stakeholders, our employees are inspired by our patient-focused culture to deliver life-changing innovations to structural heart patients who need them most. Edwards Lifesciences has been a leader in our field for over six decades. Since our founder, Miles Lowell Edwards, first dreamed of using engineering to address diseases of the human heart, we have steadily built a company on the premise of imagining, building, and realizing a better future for patients.
Our innovative work encompasses both surgical and transcatheter therapies. In addition, our unique portfolio of repair and replacement technologies for both mitral and tricuspid heart valves provides a broad set of treatment options to serve the many diverse and complex patients in need. Edwards remains committed to its strategy of transformative product innovation, robust and expanding clinical evidence to support approvals and adoption, as well as comprehensive support to ensure excellent real-world patient outcomes.
Our products and technologies are categorized into the following groups: Transcatheter Aortic Valve Replacement, Transcatheter Mitral and Tricuspid Therapies, and Surgical Structural Heart. We have in-scope products under the Conflict Minerals Rule for 2024 across each of these groups. We sold our Critical Care product group on September 3, 2024, and, therefore, have not included the Critical Care products in this report.
This conflict minerals report (this “Report”) relates to the process undertaken for Edwards’ products that were manufactured, or contracted to be manufactured, during 2024 and that contain 3TG. For purposes of this Report, “3TG” is defined as columbite-tantalite (coltan), cassiterite, gold, wolframite, or their derivatives, which are limited to tantalum, tin, and tungsten.

MANAGEMENT SYSTEMS
Edwards’ Supplier Code of Conduct provides that Edwards respects the human rights of all workers and will not tolerate any form of human rights or labor abuses in its supply chain. In addition, Edwards seeks to reduce environmental and human health impacts from our use of materials in products, including in connection with the sourcing of 3TG.
Edwards has established management systems in accordance with Step 1 of the Organisation for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, including the Supplement on Tin, Tantalum and Tungsten and the Supplement on Gold (Third Edition) (the “OECD Due Diligence Guidance”).
These systems include the following:
A.Edwards maintains and communicates via our website our policy on conflicts minerals in our supply chain, our Responsible Supply Chain Policy and our Supplier Code of Conduct. Among other things, our Responsible Supply Chain Policy and Supplier Code of Conduct indicate that we are committed to conducting business only with suppliers who adhere to ethical business practices.
•As part of our smelter reasonable country of origin inquiry (“RCOI”), we provide copies of our Conflict Minerals Policy to our suppliers that provide us with components containing 3TG.
•The Conflict Minerals Policy, Responsible Supply Chain Policy, and Supplier Code of Conduct are publicly available on our website at www.edwards.com under “About Us—Corporate Compliance—Responsible Supply Chain—Supplier Resources” or at https://www.edwards.com/about-us/
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responsible-supply-chain. Information on our website is not part of this Report and is not incorporated by reference herein.
•We expect our suppliers to source responsibly from the Democratic Republic of the Congo and its surrounding region (the “covered countries”), and whenever possible from sources that are listed as “conformant.”
B.Edwards has structured internal management to support supply chain due diligence.
•We have dedicated personnel and funds supporting the operation and monitoring of our 3TG compliance program. Day-to-day operation and oversight of the program rests with our Global Supply Chain Product Stewardship group. In addition, Edwards maintains a cross-functional team, under the auspices of its Corporate Impact Council, which includes senior personnel from different functional areas of our Company, including Corporate Impact, Global Legal, Corporate Strategy, Global Quality, Operations, Supply Chain, and Environmental Health & Safety, to support supply chain due diligence and implementation and monitoring of our conflict minerals program. Executive leadership of our 3TG compliance program rests with our Senior Vice President of Global Supply Chain, a member of our senior management team, and our supply chain findings are reported to the Audit Committee of our Board of Directors.
•We use an external consulting firm to assist with supplier outreach, data validation and smelter analysis. Some of the activities discussed in this report were performed on our behalf by the consulting firm. We also use specialized external counsel to advise on selected aspects of our program
C.We have established a system of transparency, information collection and control over the supply chain, including the RCOI and due diligence procedures described below. We use the industry-standard Conflict Minerals Reporting Template (“CMRT” or the “Template”) developed by the Responsible Minerals Initiative (the “RMI”) to identify smelters and refiners (which, for brevity, we generally refer to collectively as smelters in this Report) in our supply chain. The CMRT requires suppliers to provide information concerning the usage and source of 3TG in their components, parts and products, as well as information concerning their related compliance efforts. We have procedures to maintain business records relating to 3TG due diligence, including records of due diligence processes, findings and resulting decisions, on a computerized database for at least five years.
D.We periodically provide training to relevant employees on our policies and procedures relating to the sourcing of 3TG.
E.We strengthen our engagement with suppliers, by:
•Directly engaging suppliers during the RCOI process;
•Reviewing supplier responses as part of the RCOI process;
•Engaging in additional outreach to suppliers that identify high-risk smelters in their CMRTs, requesting them to provide product-level 3TG information (i.e., information specific to the 3TG contained in our in-scope products); this is intended to improve the quality of supplier responses and help us to mitigate risk; and
•Engaging with suppliers throughout the year via a part supplier survey allowing suppliers to declare 3TG in their products prior to the annual RCOI campaign.

F.Edwards maintains various grievance mechanisms for stakeholders to report concerns relating to 3TG sourcing.
•We recognize the RMI’s online grievance mechanism as a valid source of smelter- or mine-level grievances.
•A company-wide grievance mechanism is also available, through which our employees, suppliers and other third parties can confidentially report a violation of our policies without fear of retaliation. That grievance mechanism is available here: www.reportlineweb.com/edwards
•We also maintain an email address (conflict_minerals@edwards.com) for suppliers and employees to ask questions and voice concerns.
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REASONABLE COUNTRY OF ORIGIN INQUIRY
For the 2024 reporting period, Edwards conducted two stages of RCOI, supplier and smelter, in accordance with the Conflict Minerals Rule and the OECD Due Diligence Guidance.
Supplier Scoping Process and RCOI
We designed our supplier RCOI process to identify the smelters in our supply chain and to determine whether 3TG in our in-scope products originated in a covered country. This process included the following steps:
•Developing a list of suppliers that provided us with components containing 3TG. As part of materials management, when a new supplier is to be added or a new part is to be purchased, we require the supplier to complete a survey that, among other things, requires it to provide information on the materials content of the parts to be purchased from that supplier. This information is also requested if there is a manufacturing process change, material composition change, supplier location change or change of an indirect or sub-tier supplier. For 2024, our outreach included 31 suppliers that we identified as potentially having provided us with components containing 3TG.
•Contacting each supplier and requesting a CMRT that included its smelter information. We follow up by email or phone with suppliers that do not respond to the request to complete a CMRT within a specified time frame. We have an escalation process under which internal personnel and external consultants that interact with suppliers reach out to non-responsive suppliers. For 2024, 100% of the suppliers responded to our inquiries, which is the same response rate as last year.
•Reviewing supplier responses and CMRTs for accuracy and completeness. We follow up by email or phone with suppliers that submit an incomplete response or a response that we believe contains errors or inaccuracies, in order to improve response quality.
•Aggregating the smelters provided by our suppliers into a single list of smelters meeting the definition of a smelter under one of the industry-recognized audit protocols.
Edwards’ suppliers that provided CMRT responses that we determined were product-level responses identified one smelter. Information concerning this smelter is contained on Annex A to this Conflict Minerals Report. We reported substantially fewer smelters for 2024 compared to 2023 because a substantial portion of the products previously in scope were attributable to the Critical Care product group which was sold in 2024.
Smelter RCOI
Due to the overlap between the smelter RCOI and smelter due diligence processes, the smelter RCOI process is summarized below in the due diligence section of this Report.
DUE DILIGENCE
Edwards’ due diligence process was designed in accordance with the OECD Due Diligence Guidance.
Smelter RCOI and Due Diligence
Edwards’ smelter RCOI and due diligence process is designed to:
•Identify the scope of the risk assessment of the mineral supply chain; and
•Assess whether the smelters have carried out due diligence for responsible supply chains of minerals from conflict-affected and high risk areas.
Our smelter RCOI and due diligence process included the following steps with respect to each smelter identified:
•We directly engaged with the smelter to determine whether or not the smelter sourced from the covered countries, to the extent this information was not publicly available.
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•For smelters that declared directly or through their relevant industry association that they did not source from the covered countries and were not recognized as conformant by RMI’s Responsible Minerals Assurance Process (the “RMAP”), Edwards reviewed publicly available information to determine if there was any contrary evidence to the smelter’s declaration. The sources reviewed included:
•A public Internet search of the facility in combination with each of the covered countries; and
•Specific non-governmental organization publications, including those from Global Witness, Radio Okapi and the UN Group of Experts on the Democratic Republic of the Congo.

•For smelters that did not respond to direct engagement, Edwards reviewed the same publicly available sources to determine if there was any reason to believe that the smelter may have sourced from the covered countries during the reporting period.
•For smelters that sourced from, or there is reason to believe may have sourced from, the covered countries, the smelter is encouraged to be audited and recognized as conformant by the RMAP.
•For smelters that have not been audited and recognized as conformant by the RMAP, Edwards communicated the risk to a designated member of senior management and conducted risk mitigation on the smelter as described under Risk Mitigation below.
RISK MITIGATION
For the 2024 reporting period, the one smelter identified by suppliers in product-level CMRTs was recognized as conformant by the RMAP. As a result, we did not engage in a risk mitigation process with respect to this smelter.
When suppliers identify smelters as not being recognized as conformant by the RMAP and are believed to be sourcing from covered countries, we would conduct risk mitigation on those smelters. We report such risk to our Corporate Vice President, Global Supply Chain, and take the following steps:
•Engage in additional outreach to suppliers that did not respond to our inquiries within the requested time frame, pursuant to our escalation process;
•Conduct additional due diligence to determine if there was any reason to believe the smelter directly or indirectly financed or benefitted armed groups in the covered countries;
•Work with internal stakeholders and relevant suppliers to provide product level information to determine whether 3TG from the specific smelter were actually in Edwards’ supply chain in the applicable reporting period; and
•Directly engage with smelters to verify risk and to encourage them to be audited and recognized as conformant by the RMAP.
INDEPENDENT THIRD-PARTY AUDITS OF SUPPLY CHAIN DUE DILIGENCE
In connection with our due diligence, we utilized and relied on information made available by the RMAP concerning independent third-party audits of smelters to assess smelter and refiner due diligence and to determine whether the smelter is conformant.
REPORT ON SUPPLY CHAIN DUE DILIGENCE
We file a Form SD and a Conflict Minerals Report with the Securities and Exchange Commission and make them available on our website. We also provide additional information on our 3TG compliance program in our most recent Corporate Impact Report, which is available on our website.
SMELTERS AND REFINERS
In connection with our RCOI and due diligence processes, our suppliers identified to us the smelter described on Annex A as having processed the necessary 3TG contained in our in-scope products for 2024, through their submission of CMRTs that we determined were completed at the product level. The smelter identified by our suppliers at the product level for the 2024 reporting period is an RMAP conformant tin smelter that does not source from the covered countries.
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IMPROVEMENT PLAN
Edwards has taken and will continue to take the following steps to improve the due diligence conducted to further mitigate risk that the necessary 3TG in Edwards’ products could directly or indirectly benefit or finance armed groups in the covered countries:
•Consider whether to further enhance our Conflict Minerals Policy to support responsible sourcing of 3TG by our suppliers and otherwise advance the goals of our 3TG compliance program;
•Include a conflict minerals compliance clause in new and renewing supplier quality agreements;
•Incorporate a conflict minerals compliance clause into the terms and conditions of standard purchase orders;
•Continue to drive our suppliers to obtain current, accurate, and complete information about the smelters in their supply chains;
•Communicate to new potentially in-scope suppliers our sourcing expectations, including through the dissemination of our Conflict Minerals Policy to them;
•Continue to communicate to suppliers that we are committed to responsible sourcing from the covered countries, and that we expect our suppliers to not embargo responsibly sourced 3TG originating from the covered countries;
•Monitor suppliers’ progress toward transitioning to exclusively sourcing from conformant smelters and refiners; and
•Follow up in 2025 through our suppliers on smelters requiring risk mitigation.
ADDITIONAL RISK FACTORS
The statements above are based on the RCOI and due diligence processes performed in good faith by Edwards. These statements are based on the infrastructure and information available at the time. A number of factors could introduce errors or otherwise affect these statements.
These factors include, but are not limited to, gaps in supplier data, gaps in smelter data, errors or omissions by suppliers, errors or omissions by smelters, confusion by suppliers over requirements of the Conflict Minerals Rule, gaps in supplier education and knowledge, timeliness of data, information not discovered during a reasonable search, errors in public data, language barriers and translation, oversights or errors in conformant smelter audits, materials sourced from the covered countries being declared secondary materials, incorrectly tagged conflict minerals from the covered countries being introduced into the supply chain, and smuggling of conflict minerals from the covered countries to other countries.

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Annex A
Capitalized terms used and not otherwise defined in this Annex have the meanings set forth in the Conflict Minerals Report of which this Annex is a part.
In connection with our RCOI and due diligence processes, our suppliers identified to us one smelter as having processed the necessary 3TG contained in our in-scope products for 2024. The table indicates each of the number of identified and conformant smelters by metal. Please see the notes that accompany the table for additional information concerning the data in the table.
MetalKnown Smelters Conformant Smelters
TotalTotal% of Known Smelters
Gold000%
Tin11100%
Tantalum000%
Tungsten000%
Total11100%
We note the following in connection with the information contained in the foregoing table:
(a)    The smelter identified by our suppliers as being part of our 2024 supply chain was provided through our suppliers’ submission of product-level CMRTs. Some of our suppliers may have reported to us smelters that were not in our supply chain due to over-inclusiveness in the information received from their suppliers or for other reasons. See “Additional Risk Factors” in the Conflict Minerals Report. In addition, the smelters provided may not be all of the smelters in our 2024 supply chain because: (i) we have not included smelter information that our suppliers reported to us at a “company-level,” meaning that they reported to us the 3TG contained in all of their products, not just the products that they sold to us, or that our suppliers reported to us at a “user-defined” level that was broader than the products that we purchased from the supplier; and (ii) many of our suppliers were unable to identify all of the smelters used to process the necessary 3TG content contained in our in-scope products.
(b)    Smelter status information in the table is as of April 15, 2025.
(c)    A smelter is a “Known Smelter” if it is listed on the Smelter Look-up tab list of the CMRT.
(d)    “Conformant” means that a smelter was listed as RMAP Conformant by the RMI and successfully completed an assessment against the applicable RMI standard or a cross-recognized assessment. Included smelters were not necessarily Conformant for all or part of 2024 and may not continue to be Conformant for any future period.
(e)    Smelter status reflected in the table is based solely on information made publicly available by the RMI, without independent verification by us.
Country of Origin Information
The table below provides information on the smelters included in the table above that are believed to source in whole or in part from a covered country. We are unable to determine specifically the countries of origin of the 3TG in our products. Accordingly, the 3TG in our products may not have originated in a covered country or a particular covered country.
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MetalBelieved to Source From a Covered Country
Total Smelters Sourcing from the Covered Countries% of Known Smelters% Conformant
Gold0N/AN/A
Tin00%N/A
Tantalum0N/AN/A
Tungsten0N/AN/A
Total00%N/A

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