Exhibit 1.01

CONFLICT MINERALS REPORT OF

Ouster, Inc.

FOR THE REPORTING PERIOD FROM

JANUARY 1 TO DECEMBER 31, 2022

 

I.	Introduction

This is the Conflict Minerals¹ Report of Ouster, Inc. (“we,” “our,” “us,” “Ouster,” or the “Company”) prepared for calendar year 2022 in accordance with Rule 13p-1 (“Rule 13p-1”) under the Securities Exchange Act of 1934 (the “Act”). Numerous terms in this Report are defined in Rule 13p-1 of the Act and SEC Release No. 34-67716 (August 22, 2012) under the Act (the “Adopting Release”). The reader is referred to these sources for the definitions of defined terms contained herein.

In accordance with Rule 13p-1, we undertook efforts to determine the presence and source of the conflict minerals within our products. The Company designed its efforts in conformity with the internationally recognized due diligence framework set forth in the Organisation for Economic Co-operation and Development (“OECD”) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas² (“OECD Due Diligence Guidance”) and related Supplements.

The statements below are based on the activities performed to date in good faith by the Company and are based on the infrastructure and information available at the time of this filing. Factors that could affect the accuracy of these statements include, but are not limited to, incomplete supplier data or available smelter data, errors or omissions by suppliers or smelters, evolving identification of smelters, incomplete information from industry or other third-party sources, continuing guidance from the SEC, and other issues.

 

II.

Overview

Company Profile

Ouster, Inc. is a leading global provider of high-resolution digital lidar sensors that offer advanced 3D vision to machinery, vehicles, robots, and fixed infrastructure assets, which allows each to understand and visualize the surrounding world and ultimately enabling safe operation and autonomy. We design and manufacture digital lidar sensors that we believe are the highest-performing, lowest-cost lidar solutions available today across each of our four target markets: industrial automation; smart infrastructure; robotics; and automotive.

 

1

The term “conflict mineral” is defined in Section 1502(e)(4) of the Dodd-Frank Wall Street Reform and Consumer Protection Act as (A) columbite-tantalite, also known as coltan (the metal ore from which tantalum is extracted); cassiterite (the metal ore from which tin is extracted); gold; wolframite (the metal ore from which tungsten is extracted); or their derivatives; or (B) any other mineral or its derivatives determined by the Secretary of State to be financing conflict in the Democratic Republic of the Congo (“DRC”) or an adjoining country.

2	OECD (2016), OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas: Third Edition, OECD Publishing, Paris. http://dx.doi.org/10.1787/9789264252479-en

Our product offering today includes four models of sensors in our OS product line: the hemispherical view OSDome, the ultra-wide field of view OS0, the mid-range OS1, and the long-range OS2. Within our OS sensor models, we offer numerous customization options, all enabled by embedded software. For each of our three models in the OS product line, we offer resolution options of 128 lines vertically (“channels”), 64 channels, or 32 channels, as well as many beam spacing options. We are currently developing our solid-state DF product line, which is a suite of short, mid, and long-range solid-state digital lidar sensors that provide uniform precision imaging without motion blur across an entire field of view. In October 2022, we announced the launch of our newest OS series scanning sensors, REV7, powered by our next-generation L3 chip. REV7 features the all-new OSDome sensor, as well as upgraded OS0, OS1, and OS2 sensors that deliver double the range, enhanced object detection, increased precision and accuracy, and greater reliability. The new REV7 sensors offer performance upgrades that we believe will enhance Ouster’s market opportunity, driven by new opportunities for longer-range and mapping applications.

Following the February 2023 merger with Velodyne Lidar, Inc. (“Velodyne”), we added three additional sensor products and a software solution to our portfolio. The VLP-16, VLP32, and VLS-128 lidar sensors expand the price and performance range of our offering and have a sizeable existing install base. We intend to continue to sell these products when they present a fit for key customer requirements.

The Company evaluated its current product lines and determined that during 2022, conflict minerals were likely necessary to the functionality or production of products we manufactured or contracted to manufacture. The Company, as a purchaser of component parts, is many steps removed from the mining of conflict minerals. We do not purchase raw ore or unrefined conflict minerals and we conduct no purchasing activities directly in the DRC or adjoining countries.

Conflict Minerals Policy

The Company developed a policy statement to support the goals expressed by Congress in enacting Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The policy highlights the Company’s commitment to complying with the reporting and due diligence obligations required by the SEC rules and the Company’s expectations from its suppliers. The policy resides on our corporate website (https://investors.ouster.com/governance/governance-documents/default.aspx).

Reasonable Country of Origin Inquiry Information

We have conducted a good faith reasonable country of origin inquiry (“RCOI”) to determine whether the necessary conflict minerals originated in the DRC or an adjoining country or came from recycled or scrap sources.

The Company’s RCOI process included reviewing the products manufactured or contracted to be manufactured during the Reporting Period to identify products that should be deemed in-scope as described by the Adopting Release and conducting an inquiry of our direct suppliers of the in-scope products using the Responsible Minerals Initiative’s (“RMI”) Conflict Minerals Reporting Template (“CMRT”). Based on the results of our RCOI which indicated sourcing from the DRC or an adjoining country, we exercised due diligence on the source and chain of custody of the conflict minerals in accordance with the OECD Due Diligence Guidance. Our due diligence efforts are discussed further in this Conflict Minerals Report.

 

2

Due Diligence Program Design

The Company designed its conflict minerals program to conform, in all material respects, with the five-step framework of the OECD Due Diligence Guidance, the Supplement on Tin, Tantalum, and Tungsten, and the Supplement on Gold, specifically as they relate to our position in the minerals supply chain as a “downstream” company:

Step 1: Establish strong company management systems

Step 2: Identify and assess risks in the supply chain

Step 3: Design and implement a strategy to respond to identified risks

Step 4: Carry out an independent third-party audit of smelter/refiner’s due diligence practices

Step 5: Report annually on supply chain due diligence

 

III.	Due Diligence Measures Performed by The Company

The following describes the measures taken to reasonably determine the country of origin and to exercise due diligence in the mineral supply chain in conformance with the OECD Due Diligence Guidance.

Step 1: Establish strong company management systems

 

a.

Conflict minerals team – The Company established a conflict minerals team that includes individuals from the relevant business units and departments including legal and finance. The team was structured to include the involvement from those in upper management roles, including the Assistant Controller and the Chief Financial Officer, to help ensure that critical information, including the Company’s conflict minerals policy, reached relevant employees and suppliers.

b.	Conflict minerals policy – The Company adopted and published a policy establishing the expectations of our suppliers. The policy resides on our corporate website (https://investors.ouster.com/governance/governance-documents/default.aspx).

c.

Company level grievance mechanism – As recommended by the OECD Due Diligence Guidance, the Company has a grievance mechanism in place as a risk-awareness system for conflict minerals issues. Stakeholders, internal and external, can communicate directly and confidentially with our compliance officer.

d.	Records management – The Company will maintain records relating to our conflict minerals program in accordance with the recommended record retention guidelines of five years.

Step 2: Identify and assess risks in the supply chain

We performed the following steps as part of our risk assessment process:

 

a.	Identified products in scope – Our conflict minerals team conducted a detailed review of the products manufactured or contracted to be manufactured during the Reporting Period to identify products that should be deemed in-scope as described by the Adopting Release.

b.

Conducted RCOI – The Company utilized the most recent version of the industry-developed CMRT to query our suppliers for conflict minerals information. We requested this information from the Tier 1 suppliers who provide materials and components for the products deemed in-scope by our conflict minerals team. We evaluated the responses from the templates submitted by our suppliers to determine our reporting obligation based on this RCOI. See Appendix I for a list of countries of origin identified through the RCOI process.

 

3

c.

Identified smelters or refiners (“SORs”) – The Company compiled a list of SORs in our supply chain using our suppliers’ responses in their CMRTs. The Company reconciled this list to the list of smelter facilities designated by the RMI’s Responsible Minerals Assurance Process (“RMAP”). The RMAP completes independent, third-party audits of smelters and refiners to determine which can be validated as having systems in place that help ensure the minerals are responsibly sourced according to the OECD Due Diligence Guidance. The Company also utilized information provided by the London Bullion Market Association (LBMA), and Responsible Jewelry Council (RJC) cross-recognition audit programs. The Company maintains a database of smelter aliases to reconcile suppliers’ smelters lists to the list of RMI SORs. We have provided that list in this report within section IV – Product Description; Processing Facilities.

Step 3: Design and implement a strategy to respond to identified risks

We performed the following steps as part of our risk management plan:

 

a.	Designed and implemented a plan – Our team reviews the responses to verify the validity of SORs reported by our suppliers, the audit status of such SORs and the country of origin of the minerals processed at such facilities.

 

b.	Identified SORs – As part of the risk mitigation process, the Company reconciled the list of SORs collected from suppliers to the list of smelter facilities validated by the RMI. The Company maintains a database of smelter aliases to reconcile suppliers’ smelters lists to the list of RMI SORs.

Step 4: Carry out independent third-party audit of smelter/refiner’s due diligence practices

The Company is using information provided by independent third-party audit programs, including the RMI RMAP, LBMA, and RJC, to confirm the existence and verify the OECD-conformance status of SORs identified during our due diligence.

Step 5: Report annually on supply chain due diligence

Accordingly, this Conflict Minerals Report has been filed with the SEC and is available on our website at https://investors.ouster.com/financials/sec-filings/default.aspx.

 

IV.	Product Description; Processing Facilities

Product Description – Using an array of eye-safe lasers, our lidar solutions measure distances in the environment at the speed of light. Unlike camera-based solutions, lidar solutions allow machines to see in 3D by providing precise distance measurements of surrounding objects. Lidar also performs better than cameras in low light conditions and produces fewer errors. Compared to radar, lidar provides better resolution, perceiving objects’ shapes for superior object detection and classification. Lidar systems currently being tested are designed to detect pedestrians equally well during daytime and nighttime conditions because the systems provide self-illumination by means of laser beams.

 

4

In October of 2021, Ouster acquired Sense Photonics, Inc. (“Sense”) a developer of solid-state flash lidar based on VCSEL and SPAD technology. This acquisition has enabled the development of our DF sensor line which leverages technology and engineering expertise from both companies. In February 2023, Ouster merged with Velodyne, a global player in lidar sensors solutions. As a result, we currently offer two digital lidar product lines, the “OS” scanning sensors, the “DF” solid-state flash sensors, and certain analog sensors of the Puck family and the Alpha Prime.

OS Product line

Introduced in 2018, our OS product line today features four different sensor models available in numerous configurations. The OS product line, based on our fifth-generation L3 SoC, is available in four different models to meet the needs of our end customers. The model options include the hemispheric field of view OSDome, the ultra-wide view “OS0,” the mid-range “OS1,” and the long-range “OS2.” Within each of these models we offer numerous configuration options, including but not limited to different resolutions, connection standards, and data output structures. As we continue to release new generations of the silicon CMOS SoCs that power the OS product line, we expect the performance of the sensors to improve.

On October 19, 2022, we announced the launch of our newest OS series scanning sensors, REV7, powered by our next-generation L3 chip. REV7 features the all-new OSDome sensor, as well as upgraded OS0, OS1, and OS2 sensors that deliver double the range, enhanced object detection, increased precision and accuracy, and greater reliability. The new REV7 sensors offer performance upgrades that we believe will enhance our market opportunity, driven by new opportunities for longer-range and mapping applications.

DF product line

The DF series is a suite of short, mid, and long-range solid-state digital lidar sensors. The solid-state DF series is a leader in the market with superior reliability, durability, and affordability. The DF series is designed to meet automaker requirements for advanced driver assistance systems (“ADAS”) and automated driving, while seamlessly integrating into the vehicle architecture and design.

The DF product line was specifically engineered to meet consumer ADAS performance requirements and certifications related to automotive functional safety and reliability. Its key features include high resolution sensors, adaptability, and scalability.

High resolution. The patented breakthrough solid-state digital flash architecture produces high-resolution 3D point clouds.

Adaptability. The multi-sensor suite is a flexible platform that can be easily adapted to different form-factors and sensor configurations to provide varying ranges, fields of view, and vehicle design freedoms – all with a simple change in optics or housing.

Scalability. The solid-state DF product line is highly manufacturable and offers the durability, reliability, and affordability needed for automotive series production. We are offering individual solid-state sensors as well as a multi-sensor lidar suite at a price point that we believe could enable broad adoption in consumer vehicles. We believe that we are well-positioned to deliver on OEM requirements with a single supplier offering, reducing overall costs and making us a preferred potential partner for both automotive OEMs and Tier 1s.

 

5

Velodyne Lidar Sensors

We also offer certain surround-view lidar sensors that Velodyne previously marketed. These products are listed below and support numerous end applications, including autonomous vehicles, drones, security, mobile robots and mapping.

Alpha Prime (VLS-128) is capable of 300-meter range. It is specifically designed for autonomous driving and advanced vehicle safety at highway speeds. This lidar sensor incorporates 128 lasers and provides real-time 3D data up to 0.1-degree vertical and horizontal resolution. The Alpha Prime provides a superior combination of range, resolution and precision to enable Level 4 and Level 5 autonomous vehicles to function both at highway speeds as well as in low-speed urban environments. This product was recognized at the Pace Automotive Award in 2019.

Ultra Puck (VLP-32) is the third generation of the Puck family. The high-density, long-range image generated by the Ultra Puck makes it a desirable solution for robotics, mapping, security, driver assistance and autonomous navigation. The Ultra Puck also enables our Intelligent Infrastructure Solutions (“IIS”) (discussed below under the Software section). Ultra Puck uses 32 lasers to double the range and resolution of its predecessor at a range of up to 200 meters. Ultra Puck also introduces firing exclusion and advanced features designed to minimize false positives.

Puck (VLP-16) offers 16 lasers and a 100-meter range. Developed with mass production and affordability in mind, the Puck retains the multi-laser design while offering lower power consumption, a lighter weight and a more compact footprint at an attractive price point, making it suitable for low-speed autonomy and driver assistance applications.

Puck Hi-Res (VLP-16 Hi-Res) is a further iteration of the original Puck and is designed for applications requiring high image resolution. While also retaining surround view and 100-meter range, this sensor compresses the vertical field-of-view from 30 degrees to 20 degrees for a tighter laser distribution spaced at 1.33 degrees instead of 2.00 degrees. This design delivers more details in the 3D image at longer ranges and enables the host system to not only detect, but also better identify objects at these greater distances.

Ouster Software

Ouster Gemini is a perception platform designed for deployments in crowd analytics, security, retail analytics, and intelligent transportation systems (ITS), and is optimized exclusively for Ouster’s digital lidar sensors. The Gemini platform consists of OS series lidar sensors, edge processor hardware, and perception software.

The Ouster Gemini platform works by detecting and classifying humans in an indoor space such as a retail store or an outdoor space such as a high-security perimeter. Gemini enables our customers to track people through a covered area which can be expanded by meshing lidar sensors together to form a single, cohesive 3D view. This approach has several advantages compared to other people tracking and security solutions, and can be used to replace or enhance existing camera, radar, or RF beacon-based systems:

 

6

Detection accuracy. Gemini perception software is specifically optimized to take advantage of the rich and robust data provided by Ouster’s digital lidar sensors. The high resolution and improved range of our digital lidar sensors enhance the detection, classification, and tracking accuracy of the perception software. Ouster’s newest digital lidar sensors also enable significantly improved detection performance in low-light and adverse weather conditions as compared to earlier models.

Uninterrupted tracking. Gemini enables seamless tracking of objects across an entire area. Users can easily mesh multiple lidar sensors together within the Gemini software interface, allowing a seamless 3D view of object movement throughout the space.

Easy setup and administration. The simplicity of the Gemini platform, along with its intuitive user interface, enables customers to install, configure, and maintain the system with ease.

Privacy-preserving. Gemini does not output any personally identifiable information, allowing customers to deploy advanced monitoring systems in public or sensitive areas without privacy concerns.

Processing Facilities – Based on our due diligence process and the information received from our suppliers, the following facilities were identified by the Company’s suppliers as the smelters and refiners of the tin, tantalum, tungsten and/or gold present in and necessary to the functionality of products manufactured by the Company in the calendar year ended December 31, 2022. The information from our suppliers is still evolving and may contain company-level declarations. As such, this smelter list is presented in good faith as the best information we have to date. For 2022, we identified 318 SORs in our supply chain, 213 have been audited as conformant with the RMAP. This list may contain smelters that are not in our supply chain and/or there may be other smelters not yet identified in our due diligence process. We will continue to update the list as our information and the relevant third-party data from RMI, LBMA, and RJC improves.

 

 

7

 

 

8

 

Metal		Smelter Name		Country		Smelter ID
Gold		8853 S.p.A.		ITALY		CID002763
Gold		Abington Reldan Metals, LLC		UNITED STATES OF AMERICA		CID002708
Gold		Advanced Chemical Company		UNITED STATES OF AMERICA		CID000015
Gold		African Gold Refinery		UGANDA		CID003185
Gold		Agosi AG		GERMANY		CID000035
Gold		Aida Chemical Industries Co., Ltd.		JAPAN		CID000019
Gold		Al Etihad Gold Refinery DMCC		UNITED ARAB EMIRATES		CID002560
Gold		Alexy Metals		UNITED STATES OF AMERICA		CID003500
Gold		Almalyk Mining and Metallurgical Complex (AMMC)		UZBEKISTAN		CID000041
Gold		AngloGold Ashanti Corrego do Sitio Mineracao		BRAZIL		CID000058
Gold		Argor-Heraeus S.A.		SWITZERLAND		CID000077
Gold		Asahi Pretec Corp.		JAPAN		CID000082
Gold		Asahi Refining Canada Ltd.		CANADA		CID000924
Gold		Asahi Refining USA Inc.		UNITED STATES OF AMERICA		CID000920
Gold		Asaka Riken Co., Ltd.		JAPAN		CID000090
Gold		Atasay Kuyumculuk Sanayi Ve Ticaret A.S.		TURKEY		CID000103
Gold		AU Traders and Refiners		SOUTH AFRICA		CID002850
Gold		Augmont Enterprises Private Limited		INDIA		CID003461
Gold		Aurubis AG		GERMANY		CID000113
Gold		Bangalore Refinery		INDIA		CID002863
Gold		Bangko Sentral ng Pilipinas (Central Bank of the Philippines)		PHILIPPINES		CID000128

 

9

Gold		Boliden AB		SWEDEN		CID000157
Gold		C. Hafner GmbH + Co. KG		GERMANY		CID000176
Gold		C.I Metales Procesados Industriales SAS		COLOMBIA		CID003421
Gold		Caridad		MEXICO		CID000180
Gold		CCR Refinery - Glencore Canada Corporation		CANADA		CID000185
Gold		Cendres + Metaux S.A.		SWITZERLAND		CID000189
Gold		CGR Metalloys Pvt Ltd.		INDIA		CID003382
Gold		Chimet S.p.A.		ITALY		CID000233
Gold		Chugai Mining		JAPAN		CID000264
Gold		Daye Non-Ferrous Metals Mining Ltd.		CHINA		CID000343
Gold		Degussa Sonne / Mond Goldhandel GmbH		GERMANY		CID002867
Gold		Dijllah Gold Refinery FZC		UNITED ARAB EMIRATES		CID003348
Gold		Dowa		JAPAN		CID000401
Gold		DSC (Do Sung Corporation)		KOREA, REPUBLIC OF		CID000359
Gold		Eco-System Recycling Co., Ltd. East Plant		JAPAN		CID000425
Gold		Eco-System Recycling Co., Ltd. North Plant		JAPAN		CID003424
Gold		Eco-System Recycling Co., Ltd. West Plant		JAPAN		CID003425
Gold		Emerald Jewel Industry India Limited (Unit 1)		INDIA		CID003487
Gold		Emerald Jewel Industry India Limited (Unit 2)		INDIA		CID003488
Gold		Emerald Jewel Industry India Limited (Unit 3)		INDIA		CID003489
Gold		Emerald Jewel Industry India Limited (Unit 4)		INDIA		CID003490
Gold		Emirates Gold DMCC		UNITED ARAB EMIRATES		CID002561
Gold		Fidelity Printers and Refiners Ltd.		ZIMBABWE		CID002515
Gold		Fujairah Gold FZC		UNITED ARAB EMIRATES		CID002584
Gold		Geib Refining Corporation		UNITED STATES OF AMERICA		CID002459
Gold		GGC Gujrat Gold Centre Pvt. Ltd.		INDIA		CID002852
Gold		Gold Coast Refinery		GHANA		CID003186
Gold		Gold Refinery of Zijin Mining Group Co., Ltd.		CHINA		CID002243
Gold		Great Wall Precious Metals Co., Ltd. of CBPM		CHINA		CID001909
Gold		Guangdong Jinding Gold Limited		CHINA		CID002312
Gold		Guoda Safina High-Tech Environmental Refinery Co., Ltd.		CHINA		CID000651
Gold		Hangzhou Fuchunjiang Smelting Co., Ltd.		CHINA		CID000671
Gold		Heimerle + Meule GmbH		GERMANY		CID000694
Gold		Heraeus Germany GmbH Co. KG		GERMANY		CID000711
Gold		Heraeus Metals Hong Kong Ltd.		CHINA		CID000707
Gold		Hunan Chenzhou Mining Co., Ltd.		CHINA		CID000767
Gold		Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd.		CHINA		CID000773
Gold		HwaSeong CJ CO., LTD.		KOREA, REPUBLIC OF		CID000778
Gold		Industrial Refining Company		BELGIUM		CID002587
Gold		Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.		CHINA		CID000801
Gold		International Precious Metal Refiners		UNITED ARAB EMIRATES		CID002562
Gold		Ishifuku Metal Industry Co., Ltd.		JAPAN		CID000807
Gold		Istanbul Gold Refinery		TURKEY		CID000814
Gold		Italpreziosi		ITALY		CID002765
Gold		JALAN & Company		INDIA		CID002893

 

10

Gold		Japan Mint		JAPAN		CID000823
Gold		Jiangxi Copper Co., Ltd.		CHINA		CID000855
Gold		JSC Ekaterinburg Non-Ferrous Metal Processing Plant		RUSSIAN FEDERATION		CID000927
Gold		JSC Novosibirsk Refinery		RUSSIAN FEDERATION		CID000493
Gold		JSC Uralelectromed		RUSSIAN FEDERATION		CID000929
Gold		JX Nippon Mining & Metals Co., Ltd.		JAPAN		CID000937
Gold		K.A. Rasmussen		NORWAY		CID003497
Gold		Kaloti Precious Metals		UNITED ARAB EMIRATES		CID002563
Gold		Kazakhmys Smelting LLC		KAZAKHSTAN		CID000956
Gold		Kazzinc		KAZAKHSTAN		CID000957
Gold		Kennecott Utah Copper LLC		UNITED STATES OF AMERICA		CID000969
Gold		KGHM Polska Miedz Spolka Akcyjna		POLAND		CID002511
Gold		Kojima Chemicals Co., Ltd.		JAPAN		CID000981
Gold		Korea Zinc Co., Ltd.		KOREA, REPUBLIC OF		CID002605
Gold		Kundan Care Products Ltd.		INDIA		CID003463
Gold		Kyrgyzaltyn JSC		KYRGYZSTAN		CID001029
Gold		Kyshtym Copper-Electrolytic Plant ZAO		RUSSIAN FEDERATION		CID002865
Gold		L’azurde Company For Jewelry		SAUDI ARABIA		CID001032
Gold		Lingbao Gold Co., Ltd.		CHINA		CID001056
Gold		Lingbao Jinyuan Tonghui Refinery Co., Ltd.		CHINA		CID001058
Gold		L’Orfebre S.A.		ANDORRA		CID002762
Gold		LS-NIKKO Copper Inc.		KOREA, REPUBLIC OF		CID001078
Gold		LT Metal Ltd.		KOREA, REPUBLIC OF		CID000689
Gold		Luoyang Zijin Yinhui Gold Refinery Co., Ltd.		CHINA		CID001093
Gold		Marsam Metals		BRAZIL		CID002606
Gold		Materion		UNITED STATES OF AMERICA		CID001113
Gold		Matsuda Sangyo Co., Ltd.		JAPAN		CID001119
Gold		MD Overseas		INDIA		CID003548
Gold		Metal Concentrators SA (Pty) Ltd.		SOUTH AFRICA		CID003575
Gold		Metallix Refining Inc.		UNITED STATES OF AMERICA		CID003557
Gold		Metalor Technologies (Hong Kong) Ltd.		CHINA		CID001149
Gold		Metalor Technologies (Singapore) Pte., Ltd.		SINGAPORE		CID001152
Gold		Metalor Technologies (Suzhou) Ltd.		CHINA		CID001147
Gold		Metalor Technologies S.A.		SWITZERLAND		CID001153
Gold		Metalor USA Refining Corporation		UNITED STATES OF AMERICA		CID001157
Gold		Metalurgica Met-Mex Penoles S.A. De C.V.		MEXICO		CID001161
Gold		Mitsubishi Materials Corporation		JAPAN		CID001188
Gold		Mitsui Mining and Smelting Co., Ltd.		JAPAN		CID001193
Gold		MKS PAMP SA		SWITZERLAND		CID001352
Gold		MMTC-PAMP India Pvt., Ltd.		INDIA		CID002509
Gold		Modeltech Sdn Bhd		MALAYSIA		CID002857
Gold		Morris and Watson		NEW ZEALAND		CID002282
Gold		Moscow Special Alloys Processing Plant		RUSSIAN FEDERATION		CID001204
Gold		Nadir Metal Rafineri San. Ve Tic. A.S.		TURKEY		CID001220

 

11

Gold		Navoi Mining and Metallurgical Combinat		UZBEKISTAN		CID001236
Gold		NH Recytech Company		KOREA, REPUBLIC OF		CID003189
Gold		Nihon Material Co., Ltd.		JAPAN		CID001259
Gold		Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH		AUSTRIA		CID002779
Gold		Ohura Precious Metal Industry Co., Ltd.		JAPAN		CID001325
Gold		OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)		RUSSIAN FEDERATION		CID001326
Gold		Pease & Curren		UNITED STATES OF AMERICA		CID002872
Gold		Penglai Penggang Gold Industry Co., Ltd.		CHINA		CID001362
Gold		Planta Recuperadora de Metales SpA		CHILE		CID002919
Gold		Prioksky Plant of Non-Ferrous Metals		RUSSIAN FEDERATION		CID001386
Gold		PT Aneka Tambang (Persero) Tbk		INDONESIA		CID001397
Gold		PX Precinox S.A.		SWITZERLAND		CID001498
Gold		QG Refining, LLC		UNITED STATES OF AMERICA		CID003324
Gold		Rand Refinery (Pty) Ltd.		SOUTH AFRICA		CID001512
Gold		Refinery of Seemine Gold Co., Ltd.		CHINA		CID000522
Gold		REMONDIS PMR B.V.		NETHERLANDS		CID002582
Gold		Royal Canadian Mint		CANADA		CID001534
Gold		SAAMP		FRANCE		CID002761
Gold		Sabin Metal Corp.		UNITED STATES OF AMERICA		CID001546
Gold		Safimet S.p.A		ITALY		CID002973
Gold		SAFINA A.S.		CZECHIA		CID002290
Gold		Sai Refinery		INDIA		CID002853
Gold		Samduck Precious Metals		KOREA, REPUBLIC OF		CID001555
Gold		Samwon Metals Corp.		KOREA, REPUBLIC OF		CID001562
Gold		Sancus ZFS (L’Orfebre, SA)		COLOMBIA		CID003529
Gold		Sellem Industries Ltd.		MAURITANIA		CID003540
Gold		SEMPSA Joyeria Plateria S.A.		SPAIN		CID001585
Gold		Shandong Gold Smelting Co., Ltd.		CHINA		CID001916
Gold		Shandong Humon Smelting Co., Ltd.		CHINA		CID002525
Gold		Shandong Tiancheng Biological Gold Industrial Co., Ltd.		CHINA		CID001619
Gold		Shandong Zhaojin Gold & Silver Refinery Co., Ltd.		CHINA		CID001622
Gold		Shenzhen Zhonghenglong Real Industry Co., Ltd.		CHINA		CID002527
Gold		Shirpur Gold Refinery Ltd.		INDIA		CID002588
Gold		Sichuan Tianze Precious Metals Co., Ltd.		CHINA		CID001736
Gold		Singway Technology Co., Ltd.		TAIWAN, PROVINCE OF CHINA		CID002516
Gold		SOE Shyolkovsky Factory of Secondary Precious Metals		RUSSIAN FEDERATION		CID001756
Gold		Solar Applied Materials Technology Corp.		TAIWAN, PROVINCE OF CHINA		CID001761
Gold		Sovereign Metals		INDIA		CID003383
Gold		State Research Institute Center for Physical Sciences and Technology		LITHUANIA		CID003153

 

12

Gold		Sudan Gold Refinery		SUDAN		CID002567
Gold		Sumitomo Metal Mining Co., Ltd.		JAPAN		CID001798
Gold		SungEel HiMetal Co., Ltd.		KOREA, REPUBLIC OF		CID002918
Gold		Super Dragon Technology Co., Ltd.		TAIWAN, PROVINCE OF CHINA		CID001810
Gold		T.C.A S.p.A		ITALY		CID002580
Gold		Tanaka Kikinzoku Kogyo K.K.		JAPAN		CID001875
Gold		Tokuriki Honten Co., Ltd.		JAPAN		CID001938
Gold		Tongling Nonferrous Metals Group Co., Ltd.		CHINA		CID001947
Gold		TOO Tau-Ken-Altyn		KAZAKHSTAN		CID002615
Gold		Torecom		KOREA, REPUBLIC OF		CID001955
Gold		Umicore Precious Metals Thailand		THAILAND		CID002314
Gold		Umicore S.A. Business Unit Precious Metals Refining		BELGIUM		CID001980
Gold		United Precious Metal Refining, Inc.		UNITED STATES OF AMERICA		CID001993
Gold		Valcambi S.A.		SWITZERLAND		CID002003
Gold		Western Australian Mint (T/a The Perth Mint)		AUSTRALIA		CID002030
Gold		WIELAND Edelmetalle GmbH		GERMANY		CID002778
Gold		Yamakin Co., Ltd.		JAPAN		CID002100
Gold		Yokohama Metal Co., Ltd.		JAPAN		CID002129
Gold		Yunnan Copper Industry Co., Ltd.		CHINA		CID000197
Gold		Zhongyuan Gold Smelter of Zhongjin Gold Corporation		CHINA		CID002224
Tantalum		AMG Brasil		BRAZIL		CID001076
Tantalum		Changsha South Tantalum Niobium Co., Ltd.		CHINA		CID000211
Tantalum		D Block Metals, LLC		UNITED STATES OF AMERICA		CID002504
Tantalum		F&X Electro-Materials Ltd.		CHINA		CID000460
Tantalum		FIR Metals & Resource Ltd.		CHINA		CID002505
Tantalum		Global Advanced Metals Aizu		JAPAN		CID002558
Tantalum		Global Advanced Metals Boyertown		UNITED STATES OF AMERICA		CID002557
Tantalum		Hengyang King Xing Lifeng New Materials Co., Ltd.		CHINA		CID002492
Tantalum		Jiangxi Dinghai Tantalum & Niobium Co., Ltd.		CHINA		CID002512
Tantalum		Jiangxi Tuohong New Raw Material		CHINA		CID002842
Tantalum		JiuJiang JinXin Nonferrous Metals Co., Ltd.		CHINA		CID000914
Tantalum		Jiujiang Tanbre Co., Ltd.		CHINA		CID000917
Tantalum		Jiujiang Zhongao Tantalum & Niobium Co., Ltd.		CHINA		CID002506
Tantalum		KEMET de Mexico		MEXICO		CID002539
Tantalum		Materion Newton Inc.		UNITED STATES OF AMERICA		CID002548
Tantalum		Metallurgical Products India Pvt., Ltd.		INDIA		CID001163
Tantalum		Mineracao Taboca S.A.		BRAZIL		CID001175
Tantalum		Mitsui Mining and Smelting Co., Ltd.		JAPAN		CID001192
Tantalum		Ningxia Orient Tantalum Industry Co., Ltd.		CHINA		CID001277
Tantalum		NPM Silmet AS		ESTONIA		CID001200

 

13

Tantalum		QuantumClean		UNITED STATES OF AMERICA		CID001508
Tantalum		Resind Industria e Comercio Ltda.		BRAZIL		CID002707
Tantalum		Solikamsk Magnesium Works OAO		RUSSIAN FEDERATION		CID001769
Tantalum		Taki Chemical Co., Ltd.		JAPAN		CID001869
Tantalum		TANIOBIS Co., Ltd.		THAILAND		CID002544
Tantalum		TANIOBIS GmbH		GERMANY		CID002545
Tantalum		TANIOBIS Japan Co., Ltd.		JAPAN		CID002549
Tantalum		TANIOBIS Smelting GmbH & Co. KG		GERMANY		CID002550
Tantalum		Telex Metals		UNITED STATES OF AMERICA		CID001891
Tantalum		Ulba Metallurgical Plant JSC		KAZAKHSTAN		CID001969
Tantalum		XIMEI RESOURCES (GUANGDONG) LIMITED		CHINA		CID000616
Tantalum		XinXing HaoRong Electronic Material Co., Ltd.		CHINA		CID002508
Tantalum		Yanling Jincheng Tantalum & Niobium Co., Ltd.		CHINA		CID001522
Tin		Alpha		UNITED STATES OF AMERICA		CID000292
Tin		An Vinh Joint Stock Mineral Processing Company		VIET NAM		CID002703
Tin		Aurubis Beerse		BELGIUM		CID002773
Tin		Aurubis Berango		SPAIN		CID002774
Tin		Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.		CHINA		CID000228
Tin		Chifeng Dajingzi Tin Industry Co., Ltd.		CHINA		CID003190
Tin		China Tin Group Co., Ltd.		CHINA		CID001070
Tin		CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda		BRAZIL		CID003486
Tin		CRM Synergies		SPAIN		CID003524
Tin		CV Ayi Jaya		INDONESIA		CID002570
Tin		CV Venus Inti Perkasa		INDONESIA		CID002455
Tin		Dongguan CiEXPO Environmental Engineering Co., Ltd.		CHINA		CID003356
Tin		Dowa		JAPAN		CID000402
Tin		Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company		VIET NAM		CID002572
Tin		EM Vinto		BOLIVIA (PLURINATIONAL STATE OF)		CID000438
Tin		Estanho de Rondonia S.A.		BRAZIL		CID000448
Tin		Fenix Metals		POLAND		CID000468
Tin		Gejiu City Fuxiang Industry and Trade Co., Ltd.		CHINA		CID003410
Tin		Gejiu Kai Meng Industry and Trade LLC		CHINA		CID000942
Tin		Gejiu Non-Ferrous Metal Processing Co., Ltd.		CHINA		CID000538
Tin		Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.		CHINA		CID001908
Tin		Gejiu Zili Mining And Metallurgy Co., Ltd.		CHINA		CID000555
Tin		Guangdong Hanhe Non-Ferrous Metal Co., Ltd.		CHINA		CID003116
Tin		Jiangxi New Nanshan Technology Ltd.		CHINA		CID001231
Tin		Luna Smelter, Ltd.		RWANDA		CID003387
Tin		Magnu’s Minerais Metais e Ligas Ltda.		BRAZIL		CID002468
Tin		Malaysia Smelting Corporation (MSC)		MALAYSIA		CID001105
Tin		Melt Metais e Ligas S.A.		BRAZIL		CID002500

 

14

Tin		Metallic Resources, Inc.		UNITED STATES OF AMERICA		CID001142
Tin		Mineracao Taboca S.A.		BRAZIL		CID001173
Tin		Minsur		PERU		CID001182
Tin		Mitsubishi Materials Corporation		JAPAN		CID001191
Tin		Modeltech Sdn Bhd		MALAYSIA		CID002858
Tin		Nghe Tinh Non-Ferrous Metals Joint Stock Company		VIET NAM		CID002573
Tin		Novosibirsk Tin Combine		RUSSIAN FEDERATION		CID001305
Tin		O.M. Manufacturing (Thailand) Co., Ltd.		THAILAND		CID001314
Tin		O.M. Manufacturing Philippines, Inc.		PHILIPPINES		CID002517
Tin		Operaciones Metalurgicas S.A.		BOLIVIA (PLURINATIONAL STATE OF)		CID001337
Tin		Pongpipat Company Limited		MYANMAR		CID003208
Tin		Precious Minerals and Smelting Limited		INDIA		CID003409
Tin		PT Aries Kencana Sejahtera		INDONESIA		CID000309
Tin		PT Artha Cipta Langgeng		INDONESIA		CID001399
Tin		PT ATD Makmur Mandiri Jaya		INDONESIA		CID002503
Tin		PT Babel Inti Perkasa		INDONESIA		CID001402
Tin		PT Babel Surya Alam Lestari		INDONESIA		CID001406
Tin		PT Bangka Serumpun		INDONESIA		CID003205
Tin		PT Bukit Timah		INDONESIA		CID001428
Tin		PT Cipta Persada Mulia		INDONESIA		CID002696
Tin		PT Menara Cipta Mulia		INDONESIA		CID002835
Tin		PT Mitra Stania Prima		INDONESIA		CID001453
Tin		PT Mitra Sukses Globalindo		INDONESIA		CID003449
Tin		PT Prima Timah Utama		INDONESIA		CID001458
Tin		PT Rajawali Rimba Perkasa		INDONESIA		CID003381
Tin		PT Rajehan Ariq		INDONESIA		CID002593
Tin		PT Refined Bangka Tin		INDONESIA		CID001460
Tin		PT Stanindo Inti Perkasa		INDONESIA		CID001468
Tin		PT Sukses Inti Makmur		INDONESIA		CID002816
Tin		PT Timah Nusantara		INDONESIA		CID001486
Tin		PT Timah Tbk Kundur		INDONESIA		CID001477
Tin		PT Timah Tbk Mentok		INDONESIA		CID001482
Tin		PT Tinindo Inter Nusa		INDONESIA		CID001490
Tin		Resind Industria e Comercio Ltda.		BRAZIL		CID002706
Tin		Rui Da Hung		TAIWAN, PROVINCE OF CHINA		CID001539
Tin		Super Ligas		BRAZIL		CID002756
Tin		Thaisarco		THAILAND		CID001898
Tin		Tin Smelting Branch of Yunnan Tin Co., Ltd.		CHINA		CID002180
Tin		Tin Technology & Refining		UNITED STATES OF AMERICA		CID003325
Tin		Tuyen Quang Non-Ferrous Metals Joint Stock Company		VIET NAM		CID002574
Tin		VQB Mineral and Trading Group JSC		VIET NAM		CID002015
Tin		White Solder Metalurgia e Mineracao Ltda.		BRAZIL		CID002036
Tin		Yunnan Chengfeng Non-ferrous Metals Co., Ltd.		CHINA		CID002158

 

15

Tin		Yunnan Yunfan Non-ferrous Metals Co., Ltd.		CHINA		CID003397
Tungsten		A.L.M.T. Corp.		JAPAN		CID000004
Tungsten		ACL Metais Eireli		BRAZIL		CID002833
Tungsten		Albasteel Industria e Comercio de Ligas Para Fundicao Ltd.		BRAZIL		CID003427
Tungsten		Artek LLC		RUSSIAN FEDERATION		CID003553
Tungsten		Asia Tungsten Products Vietnam Ltd.		VIET NAM		CID002502
Tungsten		China Molybdenum Tungsten Co., Ltd.		CHINA		CID002641
Tungsten		Chongyi Zhangyuan Tungsten Co., Ltd.		CHINA		CID000258
Tungsten		CNMC (Guangxi) PGMA Co., Ltd.		CHINA		CID000281
Tungsten		Cronimet Brasil Ltda		BRAZIL		CID003468
Tungsten		Fujian Ganmin RareMetal Co., Ltd.		CHINA		CID003401
Tungsten		Ganzhou Haichuang Tungsten Co., Ltd.		CHINA		CID002645
Tungsten		Ganzhou Huaxing Tungsten Products Co., Ltd.		CHINA		CID000875
Tungsten		Ganzhou Jiangwu Ferrotungsten Co., Ltd.		CHINA		CID002315
Tungsten		Ganzhou Seadragon W & Mo Co., Ltd.		CHINA		CID002494
Tungsten		Global Tungsten & Powders LLC		UNITED STATES OF AMERICA		CID000568
Tungsten		Guangdong Xianglu Tungsten Co., Ltd.		CHINA		CID000218
Tungsten		H.C. Starck Tungsten GmbH		GERMANY		CID002541
Tungsten		Hubei Green Tungsten Co., Ltd.		CHINA		CID003417
Tungsten		Hunan Chenzhou Mining Co., Ltd.		CHINA		CID000766
Tungsten		Hunan Jintai New Material Co., Ltd.		CHINA		CID000769
Tungsten		Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch		CHINA		CID002513
Tungsten		Hydrometallurg, JSC		RUSSIAN FEDERATION		CID002649
Tungsten		Japan New Metals Co., Ltd.		JAPAN		CID000825
Tungsten		Jiangwu H.C. Starck Tungsten Products Co., Ltd.		CHINA		CID002551
Tungsten		Jiangxi Gan Bei Tungsten Co., Ltd.		CHINA		CID002321
Tungsten		Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd.		CHINA		CID002313
Tungsten		Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.		CHINA		CID002318
Tungsten		Jiangxi Xinsheng Tungsten Industry Co., Ltd.		CHINA		CID002317
Tungsten		Jiangxi Yaosheng Tungsten Co., Ltd.		CHINA		CID002316
Tungsten		JSC “Kirovgrad Hard Alloys Plant”		RUSSIAN FEDERATION		CID003408
Tungsten		Kennametal Fallon		UNITED STATES OF AMERICA		CID000966
Tungsten		Kennametal Huntsville		UNITED STATES OF AMERICA		CID000105
Tungsten		Lianyou Metals Co., Ltd.		TAIWAN, PROVINCE OF CHINA		CID003407
Tungsten		Malipo Haiyu Tungsten Co., Ltd.		CHINA		CID002319
Tungsten		Masan High-Tech Materials		VIET NAM		CID002543
Tungsten		Moliren Ltd.		RUSSIAN FEDERATION		CID002845
Tungsten		Niagara Refining LLC		UNITED STATES OF AMERICA		CID002589
Tungsten		NPP Tyazhmetprom LLC		RUSSIAN FEDERATION		CID003416
Tungsten		Philippine Chuangxin Industrial Co., Inc.		PHILIPPINES		CID002827

 

16

Tungsten		TANIOBIS Smelting GmbH & Co. KG		GERMANY		CID002542
Tungsten		Unecha Refractory metals plant		RUSSIAN FEDERATION		CID002724
Tungsten		Wolfram Bergbau und Hutten AG		AUSTRIA		CID002044
Tungsten		Xiamen Tungsten (H.C.) Co., Ltd.		CHINA		CID002320
Tungsten		Xiamen Tungsten Co., Ltd.		CHINA		CID002082

 

V.	Future Due Diligence

We will continue to communicate our expectations and information requirements to our direct suppliers. Over time, we anticipate that the amount of information available globally on the traceability and sourcing of these ores will increase and improve our knowledge. We will continue to make inquiries to our direct suppliers and undertake additional risk assessments when potentially relevant changes in facts or circumstances are identified. If we become aware of a supplier whose due diligence needs improvement, we may continue the trade relationship while that supplier improves its compliance program. We expect our suppliers to take similar measures with their suppliers to help ensure alignment throughout the supply chain.

In addition to those above, the Company plans to undertake the following steps during the next compliance period:

 

•

Review the conflict minerals policy statement and update if necessary.

 

•

Review supplier training materials and update if necessary.

 

•

Continue to collect responses from suppliers using the most recent revision of the CMRT.

 

•

Continue engagement with smelters by sending letters to those that have not been audited as conformant.

 

•

Compare and validate RCOI results to information collected via independent third-party audit programs, such as the RMI, and through our Company’s own coordinated outreach to smelters.

 

•

Encourage responsible sourcing from the DRC and adjoining countries.

 

17

Safe Harbor and Forward-Looking Statements

Certain statements in this Conflict Minerals Report contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on current expectations and assumptions that are subject to risks and uncertainties. All statements contained in this Conflict Minerals Report that do not relate to matters of historical fact should be considered forward-looking statements, and are generally identified by words such as “will,” “expects,” “intends,” “plans,” “believes,” “anticipates,” and other similar expressions. These forward-looking statements include, but are not limited to, statements regarding expectation or intention relating to our compliance efforts and expected future diligence actions. These statements are neither promises nor guarantees, but involve risks and uncertainties that may cause future expectations or actions to be different, including, but not limited to, we and our vendors are subject to various environmental laws and regulations that could impose substantial costs upon us and cause delays in expanding production facilities; and failure to meet evolving environmental, social, and governance (“ESG”) expectations or standards or to achieve our ESG goals could adversely affect our business, results of operations, financial condition, and stock price; as well as the risks discussed in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as updated by our subsequent filings with the SEC. Undue reliance should not be placed on these statements, which are only effective as of the date of this report. The Company disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this document except as required by law.

 

18

APPENDIX I – Countries of Origin

The information provided in this Appendix is based on the information collected from the Company’s suppliers.

 

Australia		Mozambique
Austria		Myanmar
Benin		Namibia
Bolivia (Plurinational State of)		Nicaragua
Brazil		Niger
Burundi		Nigeria
Canada		Papua New Guinea
Chile		Peru
China		Philippines
Chinese Taipei		Portugal
Colombia		Russian Federation
Congo, Democratic Republic of the		Rwanda
Ecuador		Sierra Leone
Eritrea		South Africa
Ethiopia		South Korea
France		Spain
Ghana		Swaziland
Guinea		Sweden
Guyana		Tanzania
India		Thailand
Indonesia		Uganda
Kazakhstan		United Kingdom of Great Britain and Northern Ireland
Krygyzstan		United States of America
Laos		Uzbekistan
Malaysia		Viet Nam
Mexico		Zimbabwe
Mongolia

 

19