Document

HP Inc. (“HP”, “we,” “us” or “our”) presents this Conflict Minerals Report for the reporting period of January 1, 2024, to December 31, 2024, to comply with Rule 13p-1 under the Securities Exchange Act of 1934 (“Rule 13p-1”) and associated guidance issued by the Securities and Exchange Commission (the “SEC”).

Companies subject to Rule 13p-1 are required to disclose their use of certain minerals if those minerals are “necessary to the functionality or production of a product” manufactured or contracted to be manufactured by those companies. Where minerals in this sense include tin, tantalum, tungsten, or gold (referred to as “3TG”). If products contain 3TG, a reasonable country of origin inquiry (“RCOI”) is required to determine whether such 3TG originated from “conflict regions” including, the Democratic Republic of the Congo (the “DRC”) and / or adjoining countries1 (the “Covered Countries”). If a company believes or has reason to believe that any 3TG are or may have originated in a covered country, and are not sourced from recycled or scrap sources, the company must conduct due diligence to determine if the 3TG directly or indirectly financed or benefited armed groups that abuse human rights in the covered countries as defined by the SEC.

HP is one of the world’s leading IT companies. The company has operations in more than 170 countries and territories, with approximately 58,000 employees in 59 countries. Our Printing business provides consumer and commercial printer hardware, supplies, services, and solutions. Our Personal Systems business offers desktops, notebooks, and workstations (including HP’s portfolio of AI PCs and workstations), thin clients, retail point-of-sale (“POS”) systems, displays, hybrid systems, software, collaboration tools, and solutions including endpoint security and services.

HP Inc. is a corporation incorporated in the state of Delaware, with principal executive offices in Palo Alto, California. HP Inc. and its subsidiaries operate worldwide and are collectively known as HP. Unless otherwise specified or unless the context otherwise requires, this conflict minerals report covers HP Inc. and its consolidated subsidiaries, including HyperX and Plantronics, Inc. (Poly).

The 3TG minerals are essential for the functionality or production of the majority of our hardware products as mentioned earlier, that we manufactured or contracted to manufacture during 2024. We do not directly purchase ore or 3TG from mines, and are many contractual tiers removed from them. The smelters or refiners (the “facilities”) in our minerals supply chain are in the best position to know the origin of the ores and 3TG. We rely on our suppliers to support our responsible minerals program and due diligence efforts by identifying the 3TG facilities on the materials, parts, components, or products containing or potentially containing 3TG that our suppliers provide to HP.

HP’s commitment to responsible sourcing of minerals is incorporated into the HP Supply Chain Social and Environmental Responsibility Policy (“SER Policy”), available at https://h20195.www2.hp.com/V2/GetDocument.aspx?docname=c04797682. Suppliers are expected to ensure that parts and products supplied to HP are DRC conflict-free (meaning, do not contain “conflict” 3TG or their derivatives such that they do not directly or indirectly finance or benefit armed groups through mining or mineral trading in the Democratic Republic of the Congo or an adjoining country). Suppliers are to establish policies, due diligence frameworks, and management systems, consistent with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, that are designed to accomplish this goal.

While the primary focus of this report is on 3TG, HP has extended its responsible minerals scope to include additional minerals, such as cobalt. We are also in the process of expanding our mineral scope to include emerging minerals, such as nickel, lithium, and natural graphite. We are committed to conducting responsible sourcing practices and extending our commitment throughout our supply chain. We expect our suppliers to conduct their worldwide operation and source minerals responsibly and ethically from Conflict-Affected and High-Risk Areas (CAHRAs) as defined by Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (Third Edition, OECD 2016) and the related Supplements (collectively, the “OECD Guidance2”), including the DRC and adjoining countries pursuant to the SER Policy. We engage in ongoing supplier outreach and communications regarding the 3TG requirements, our expectations of suppliers with respect to 3TG, and our objective of responsible minerals sourcing.

We are committed to respecting human rights in alignment with the United Nations Guiding Principles on Business and Human Rights (“UNGP”), and committed to advancing the use of responsibly sourced minerals worldwide that do not directly or indirectly finance or benefit armed groups or abuse human rights in any way, rather than eliminate those originating in the Covered Countries or CAHRAs. HP as a downstream company does not directly purchase 3TG minerals from mines or facilities, nor does it have business relationships with these entities.

HP has been recognized as an industry leader in the responsible minerals domain since 2008. HP collaboratively works with other businesses, nongovernmental organizations, government agencies, industry initiatives, and our extensive network of direct suppliers to advance the use of responsibly sourced minerals. When our work began in 2008, we helped establish the working group that was the precursor to the Responsible Minerals Initiative (“RMI”), and we have been instrumental since then in developing and advancing the RMI programs and tools such as the Responsible Minerals Assurance Process (“RMAP”) and the Conflict Minerals Reporting Template (“CMRT”). We are an active member of RMI, sitting on the RMI Steering Committee, and proactively engaging in RMI’s working groups, such as the Due Diligence Practice Team and the Emerging Minerals team, and we co-lead the China Smelter Engagement Team. By participating in these and other working groups, HP supports change in the industry by collaborating with industry peers and stakeholders, engaging with certain 3TG facilities directly and supporting the RMAP program.

We contributed to the OECD Guidance and were a founding member of the Responsible Sourcing Network Multi Stakeholder Group, as well as the Public-Private Alliance for Responsible Minerals Trade (“PPA”), which promote responsibly sourced minerals from the Covered Countries. We are also an active member of European Partnership for Responsible Minerals (“EPRM”), where we collaborate with stakeholders from governments, industry, civil society, and international organizations to address the complexities of minerals supply chain, responsible minerals sourcing issues, and encourage responsible and safe sourcing and practices in the Artisanal and Small-Scale mining industry.

2 The OECD Guidance distinguishes between “upstream” and “downstream” actors. Upstream refers to the minerals supply chain from the mine to the smelter or refiner, and upstream companies include miners, local traders or exporters, international concentrate traders, and mineral re-processors. Downstream refers to the minerals supply chain from smelters and refiners to retailers and includes companies like HP; it also includes metal traders, component manufacturers, product manufacturers, original equipment manufacturers and retailers.

We were one of the first three companies to fund the Initial Audit Fund to offset part of the smelter audit cost, and we also supported the Sustainable Trade Initiative Indonesian Tin Working Group. We have visited DRC mines and have participated in critical in region conflict free sourcing projects including Solutions for Hope, Kemet Partnership for Social and Economic Stability, and the former Conflict Free Tin Initiative.

HP has been extensively and diligently working for over 13 years on driving conformance across 3TG minerals, as part of our Responsible Minerals Sourcing Program. In 2024, we extended our engagement in the upstream supply chain by actively participating in industry initiatives, such as the Initiative for Responsible Mining Assurance (IRMA) and the Alliance for Responsible Mining (ARM), to support on-the-ground activities in both large-scale mining (“LSM”) and the artisanal and small-scale mining (“ASM”) in CAHRAs and Covered Countries to assist with their compliance with downstream requirements. Engaging with the upstream supply chain beyond 3TG facilities is an essential component of our responsible minerals program, with the desire to support industry change and increase upstream program support to improve the sustainability and living environment of the affected communities worldwide.

We designed our due diligence measures to conform with the five steps of the OECD Guidance. The design of our due diligence measures took into account our individual facts and circumstances, our downstream position in the minerals supply chain, the OECD recommendations for downstream actors that have no direct relationships to smelters or refiners and the use of independent assessment programs to provide information about smelters or refiners.

These policies and procedures establish our expectations for HP suppliers who use 3TG in their products to adopt a responsible-minerals policy, and design and implement due diligence measures for minerals sourcing to avoid violating human rights. In addition, we expect our suppliers to have similar expectations for their sub-tier suppliers.

Team. HP has a cross-functional management team to support the responsible minerals program. This team includes our Human Rights, Procurement, Legal, and Global Trade departments with executive management from the Chief Sustainability Officer and Chief Enterprise Operations Officer. The Responsible Minerals Team has regular meetings to evaluate and address supplier performance. The team regularly reviews our internal processes and program to ensure proactive efficiency and programmatic improvements.

System. HP maintains a Supply Chain Transparency System intended to identify the 3TG facilities potentially in HP’s supply chain. On an annual basis, HP uses the Conflict Minerals Reporting Template (“CMRT”), a supply chain survey tool designed by the RMI for this purpose. Then, we identify whether the potential 3TG facilities participate in the RMAP, or an equivalent independent assessment program,3 or source

from 100% recycled or scrap sources. We employ a database to assess due diligence information and maintain records relating to our responsible minerals program in accordance with the Responsible Business Alliance (RBA) guidelines.

Training. HP provides training sessions to internal colleagues and 3TG suppliers to cascade our responsible minerals policy and requirements set forth in the procedures and contracts. In 2024, we held two virtual supplier responsible minerals training sessions which were attended by participants from our supply chain, as well as members of the HP supplier management team. We translated these training sessions into the main languages of our suppliers and made them available as a recording, accessible at any time to suppliers or any of their sub-tier suppliers.

Supplier Scorecard. Our suppliers’ 3TG minerals performance is communicated through the Supplier Scorecard, which includes metrics on suppliers’ adherence to our responsible minerals expectations. This scorecard is used by HP executives in business reviews with suppliers and provides a key input into business decisions.

Grievance Mechanism. HP’s grievance mechanism is available internally and externally on our website https://investor.hp.com/governance/integrity-at-hp/default.aspx, as well as via an email address at humanrights@hp.com - to report concerns, including those related to responsible minerals. Also, HP supports the Minerals Grievance Platform https://mineralsgrievanceplatform.org/, which is an independently managed cross-industry platform that is monitored and triggers investigations by RMI, the London Bullion Market Association, the Responsible Jewelry Council, as well as other stakeholders.

HP identifies and assesses its 3TG minerals risks through the Supply Chain Transparency System. The system is designed to support the Responsible Minerals Program team in systematically surveying, collecting, and analyzing information relating to 3TG facilities’ use of tin, tantalum, tungsten, and gold in the supply chain for our products.

Identify the in-scope suppliers and assess the responses. Suppliers providing materials, parts, components, or products containing or potentially containing 3TG on HP products are required to source 3TG responsibly. We generate a list of in-scope suppliers and request them to provide declarations using the CMRT for each reporting year. Each CMRT submitted by these suppliers will go through a two-step analysis. The first step is conducted by an employed database to assess due diligence information, and the consistency and completeness of CMRT. The second step is a manual check by HP’s Responsible Minerals Team following HP’s requirements. Suppliers are required to make improvements if their responses are identified to contain any deficiencies or potential inaccuracies during this two-step process.

Identify the 3TG facilities and access their due diligence practices. We identify the 3TG facilities potentially in HP's supply chain for each reporting year through HP’s supply chain survey using the CMRT. Then, we check the 3TG facilities’ status against the RMI’s facility database, to identify if they are conformant to the RMAP, or an equivalent independent assessment program, or source from recycled or scrap sources.

Identify the risk assessment scope. The risk assessment scope includes either in-scope suppliers that potentially do not meet our responsible minerals requirements, or the previously identified 3TG facilities that are potentially not conformant to the RMAP or an equivalent independent assessment program.

We commit to the responsible sourcing of all 3TG, and we undertake due diligence on the source and chain of custody of minerals from the relevant 3TG facilities, by expecting the participants in our minerals supply chain to use 3TG facilities that source responsibly and participate in the RMAP or an equivalent independent assessment program, or from recycled or scrap sources.

Adopt a risk management plan. HP is an RBA/RMI member and our due diligence measures are heavily based on the use of RMAP or the equivalent independent assessment programs that evaluate the practices of 3TG facilities that provide the 3TG minerals on our products. Through collective power from the members, we can drive positive changes to the 3TG facilities that are not willing to be part of a responsible sourcing program. In cases where those efforts are not successful, HP will consider an alternative source for the minerals that a 3TG facility could source responsibly. We may also require our suppliers to provide evidence of the transition to these alternative sources when appropriate.

Alignment with Procurement and Management teams. HP’s Responsible Minerals Team reviews the supplier status regularly in a survey cycle with the Supplier Relationship Managers and escalates the results to senior Supply Chain Management. We had bi-weekly meetings with Supplier Relationship Managers, and monthly meetings with the Sustainable Impact & Compliance Senior Director, who has regular management meetings with the Chief Sustainability Officer and the Chief Enterprise Operations Officer in the 2024 survey cycle. Collectively we worked toward a goal of 100% Covered Countries conformance.

Engage independent outside consultant. When we obtain information that indicates there is a potential risk associated with a particular 3TG facility, we seek information from industry sources, news and media, stakeholders, and, where relevant, engage with an independent outside consultant to support our decisions and actions. For reporting year 2024, we found that no reported potential risks were connected to HP’s products. While the challenges of tracking the source of minerals through the supply chain continue, we will continue to closely monitor our information network as well as industry dynamics and work with suppliers to mitigate risks as relevant.

HP leverages our membership in the RMI (member ID: HPQQ) to verify whether the 3TG facilities identified in our supply chain are participating in the RMAP, or an equivalent independent assessment program. We compare the relevant 3TG facilities to the facilities listed by RMI as either conformant or active4 with RMAP, which assesses facilities’ systems and processes for traceability of ore and demonstration of responsible sourcing.

HP co-leads the China Smelter Engagement team with RMI staff, organizes monthly and quarterly team meetings, promotes the RMI protocols and expectation of 3TG facilities, engages directly with certain 3TG facilities as a point-of-contact and drive positive changes to the 3TG facilities through collective efforts from the team members when there is a non-conformant risk.

We also engage cobalt and other minerals facilities when sourcing is unknown by participating in the Emerging Minerals team, which is a working group of RMI, to verify smelters’ legitimacy, conduct outreach to drive them to participate in RMAP, and provide support when corrective actions are required.

HP reports on its supply chain due diligence in many ways, including through this Conflict Minerals Report. HP’s website reflects this report, a list of potential smelters and refiners, and additional information via our Sustainable Impact Report, each of which is updated from time to time.

4 Throughout this Conflict Minerals Report, “conformant” refers to facilities that are listed by RMI, for reporting year 2024, as conformant to RMAP assessment protocols (including certification or accreditation by similar independent assessment programs cross-recognized by RMAP such as the RJC’s Chain-of-Custody Certification Program, or LBMA Responsible Gold Program), and “active” refers to facilities that are listed by RMI as in the process of becoming conformant to RMAP.

Third, we leveraged our membership in RMI to determine the country of origin of the 3TG facilities reported by our suppliers. We also engaged an outside independent consultant to assist us in determining whether reported 3TG facilities may have sourced from the Covered Countries or may source 3TG minerals exclusively from recycled or scrap sources.

In RY2024, we deployed a 3TG minerals survey for in-scope suppliers utilizing RMI’s CMRT. All in-scope suppliers responded by HP’s deadline, achieving a 100% response rate. This is a foundational first step towards providing comprehensive visibility to our 3TG minerals supply chain, improved knowledge of the sources of our minerals and ensuring that our suppliers understand HP’s requirements.

In RY2024, 100% of all 3TG facilities reported by our in-scope suppliers have been confirmed as compliant, actively progressing towards compliance, and/or reasonably believed to source 3TG minerals solely from recycled or scrap sources or from outside the Covered Countries.

In RY2024, our in-scope suppliers reported a total of 229 3TG facilities. We summarized the outcomes of our due diligence for all reported 3TG facilities and focused on those that we did not reasonably believe were sourcing 3TG minerals exclusively from recycled or scrap sources or from outside the Covered Countries. After performing a RCOI on all 229 3TG facilities, we concluded that:

The results outlined in (3) required HP to undertake further due diligence on the source and chain of custody of 3TG minerals in accordance with the SEC requirements. Based on further due diligence results, all 46 3TG facilities were identified by the RMI as conformant or in the process of becoming conformant with the RMAP assessment protocols.

It should be noted that HP’s 3TG in-scope suppliers have reported to us more than two thirds of the 3TG facilities in the world (as recognized by RMI), and a certain number of our 3TG in-scope suppliers submitted CMRTs on the company level. Thus, we are not certain that all these facilities are contributing to the production of HP products. Any over-reporting of facilities is a function of there being several tiers of actors in the supply chain and sub-tier suppliers’ inability to provide customer specific CMRTs to our suppliers.

Following the RCOI conducted for the 229 3TG facilities reported by our suppliers, and subsequent due diligence on these facilities, we confirmed that 100% of them are either compliant, in the process of becoming complaint, or reasonably believed to exclusively source 3TG from recycled or scrap sources or from outside of the Covered Countries for RY2024. Table 1 below outlines the number and percentage of all supplier-reported 3TG facilities for each metal:

All the 229 supplier-reported 3TG facilities are conformant with, or in process to become conformant with RMAP or an equivalent independent assessment program or sourcing from recycled or scrap sources for reporting year 2024. Chart 1 provides a year-over-year overview of all the supplier-reported 3TG facilities and details the status of due diligence conducted to assess our overall progress.

As a downstream actor, we rely upon independent assessment programs to collect and review the majority of the upstream information, such as the mine or location of origin of 3TG minerals. Consistent with the key role set forth by the OECD Guidance for downstream actors, our efforts to facilitate upstream mine or location of origin determinations are focused on supporting independent assessment programs such as the RMAP.

•Surveyed 3TG in-scope suppliers during the reporting period of this Conflict Minerals Report using the CMRT (which included questions about the location of origin) and required those suppliers to make similar efforts to survey their supply chains using the CMRT.

5 This column includes the number of 3TG facilities that were either RMAP conformant, in process to become conformant, and/or reasonably believed to exclusively source 3TG from recycled or scrap sources or from outside of the Covered Countries.

•Assessed any information on countries of origin available through our membership in the RMI for 3TG facilities (as part of the RMAP assessment protocols, the independent auditor makes an examination of the countries of origin as well as the location of the mine, even if the specific mine or location of origin for these minerals within a given country is not provided to RMI members).

•Contribute our support to the RMI, including becoming a member of the RMI Steering Committee, co-leading a sub-group under RMI, outreaching to facilities and encourage participation in the RMAP process, and expanding our support scope to cover 3TG and emerging minerals.

Based on RCOI information released by the RMI on January 31, 2025, and additional research by the independent external expert consultant, we believe that the countries of origin of the 3TG minerals from supplier-reported 3TG facilities may include the following countries.


Covered Countries	Outside Covered Countries
Democratic Republic of the Congo	Argentina	Guyana	Nigeria
Burundi	Australia	Guinea	Papua New Guinea
Rwanda	Austria	India	Peru
Uganda	Azerbaijan	Indonesia	Philippines
Tanzania	Bolivia	Japan	Poland
Zambia	Botswana	Kazakhstan	Portugal
	Brazil	Kenya	Republic of Korea
	Burkina Faso	Kyrgyzstan	Senegal
	Canada	Laos	Sierra Leone
	Chile	Liberia	Spain
	China	Madagascar	Sudan
	Colombia	Malaysia	Suriname
	Côte d'Ivoire	Mali	Sweden
	Ecuador	Mexico	Tajikistan
	Egypt	Mongolia	Thailand
	Ethiopia	Morocco	Türkiye
	Finland	Mozambique	USA
	France	Myanmar	Uzbekistan
	Germany	Namibia	Vietnam
	Ghana	Niger	Zimbabwe


Metal	Total Facilities	Covered Countries Conformance5	Total Conformance
Tantalum	38	38	100%
Tin	53	53	100%
Tungsten	36	36	100%
Gold	102	102	100%
Total	229	229	100%


HP INC. CONFLICT MINERALS REPORT PURSUANT TO RULE 13P-1 UNDER THE SECURITIES EXCHANGE ACT OF 1934