EX-1.01 2 d923084dex101.htm EX-1.01 EX-1.01

Exhibit 1.01

Conflict Minerals Report of Texas Instruments Incorporated

for the Year Ended December 31, 2024

This Conflict Minerals Report should be read in conjunction with the definitions contained in the U.S. Securities and Exchange Commission (“SEC”) instructions to Form SD and related rules. This Conflict Minerals Report and our conflict minerals policy are available on our web site at ti.com/conflict-minerals. We are not incorporating by reference the contents of our web site into this Conflict Minerals Report. “Conflict minerals” refers to four specific metals regardless of their country of origin or whether they are financing or benefiting armed conflict: tantalum, tin, tungsten and gold.

 

I.

Design of Due Diligence

We have management systems and due diligence procedures (our “CM Process”) as a basis for supply-chain management and disclosure compliance relating to the conflict minerals necessary to the functionality or production of products manufactured by TI, or contracted by TI to be manufactured, and required to be reported for 2024 (collectively, “CMs”). We designed the CM Process with the intent to conform in all material respects with the five-step framework of the 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):

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 independent third-party audit of smelter/refiner’s due diligence practices

Step 5: Report annually on supply chain due diligence

 

II.

Reliance on Third-Party Data

Our ability to determine the origin and chain of custody of CMs, and whether they directly or indirectly finance or benefit armed groups in the Democratic Republic of the Congo or any adjoining country (each a “Covered Country”) in any manner (the “Conflict Status”), is limited. Our supply chain for CMs is complex. In many cases, we are multiple steps removed from the smelter or refiner (“Smelter”), and we depend on information from our direct suppliers of materials that contain CMs and third-party manufacturers of our products that contain CMs (collectively, “Suppliers”) that themselves have incomplete information about the origin of the CMs incorporated in the products they supply to us.

To gain insight into the country of origin, chain of custody and Conflict Status of the CMs in our supply chain, we relied primarily on the findings of the Responsible Minerals Assurance Process (“RMAP”). The RMAP is a voluntary program in which an independent third party evaluates Smelters’ management systems and procurement practices and determines whether the Smelter is Conformant to RMAP standards. To be Conformant,1 a Smelter must have demonstrated, among other requirements, that CMs it processed originated from sources that are not financing or benefiting armed conflict in a Covered Country. The RMAP is overseen by the Responsible Minerals Initiative (“RMI”), which was established by members of the Responsible Business Alliance (“RBA”) and the Global e-Sustainability Initiative. TI is a member of the RBA and RMI.

 

III.

Due Diligence Measures Taken

The measures we took to exercise due diligence on the source and chain of custody of our CMs are as follows:

Step 1: Establish strong company management systems

 

  •  

Design and implement a conflict minerals policy;

 

  •  

Develop an organizational structure and processes intended to ensure that Suppliers are made aware of TI’s policy on CMs and that information received by TI that is relevant to supply-chain due diligence reaches TI employees who have knowledge of the SEC disclosure requirements;

 
1 

“Conformant” means a Smelter has successfully completed an assessment against the applicable RMAP standard or an equivalent cross-recognized assessment.

 

1

  •  

Implement a process, which uses a reporting tool developed by the RMI and data gathered through the RMAP (as further described below), to achieve control and transparency over our CM supply chain and identify the risk that our products may contain CMs directly or indirectly financing or benefiting armed groups in any Covered Country;

 

  •  

Implement a mechanism for Suppliers and others to communicate to TI their concerns with respect to our CM Process; and

 

  •  

Rely on the RMAP to validate supply chain due diligence.

Step 2: Identify and assess risks in the supply chain

 

  •  

Communicate our CM policy to Suppliers;

 

  •  

Direct Suppliers to provide information concerning Smelters in their supply chains by completing and sending to us the Conflict Minerals Reporting Template (a tool developed by the RMI that provides a common means for suppliers to provide their customers with information on the source of conflict minerals);

 

  •  

Analyze Suppliers’ Conflict Minerals Reporting Template responses for completeness and internal consistency, and follow up with Suppliers in an effort to obtain more information and ensure accuracy of information;

 

  •  

Compare the information received from Suppliers with the data made available by the RMAP concerning the country of origin and Conflict Status of CMs processed or refined by Smelters; and

 

  •  

Review other source materials for Smelters that are not compliant with the RMI if we were unable to determine, on the basis of the information provided by Suppliers and RMAP data, (i) the facility and country of origin of the CMs supplied to us, (ii) the Conflict Status of the CMs and (iii) whether the CMs were from recycled or scrap sources.

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

 

  •  

Adopt a risk management plan in response to identified risks while continuing to do business with Supplier or suspending/terminating dealings with Supplier; and

 

  •  

Communicate the risk management plan to senior management.

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

 

  •  

Use information provided by independent third party audit programs, including the RMI, to confirm the existence and verify the OECD-conformance status of Smelters identified during due diligence.

Step 5: Report annually on the supply chain due diligence

 

  •  

Annually submit a Conflict Minerals Disclosure and Report to the SEC, which reports the results of TI’s due diligence. This Conflict Minerals Report has been filed with the SEC and is available on our website at ti.com/conflict-minerals.

 

IV.

Product Scope

In 2024, our products were divided into two reportable segments as described in our annual report on Form 10-K for the year ended December 31, 2024: Analog (consisting of Power and Signal Chain product lines) and Embedded Processing (including microcontrollers, digital signal processors, and applications processors). We report the results of our remaining business activities in Other. “Other” includes operating segments that do not meet the quantitative thresholds for individually reportable segments and cannot be aggregated with other operating segments (Other includes DLP® products, calculators, and certain custom semiconductors known as application-specific integrated circuits). For further information about our products, please see the description of our products in Item 1 of the Form 10-K, which description is incorporated herein by reference.

 

V.

Our Findings

For integrated circuits (“ICs”)2 we have determined that approximately 99% (223) of the 225 Smelters identified by our Suppliers as being potentially in the supply chain in 2024 were Conformant. The remainder – less than 1% (2) – were designated as Active.3 ICs accounted for approximately 93% of TI revenue in 2024.

For our overall supply chain, which consists of ICs as well as other products manufactured by or for TI, we have determined that approximately 98% (233) of the 237 Smelters identified by our Suppliers as being potentially in the supply chain in 2024 were Conformant. The remaining 2% (4) of the Smelters identified for 2024 were designated as Active. No Smelters identified by our Suppliers as being potentially in the supply chain in 2024 were Non-Conformant.4 In no instance did we find CMs in our supply chain to be from a source that, to our knowledge, was directly or indirectly financing or benefiting armed conflict in a Covered Country.

 
2

“Integrated circuits” refers to finished semiconductor products that contain chips manufactured by or for TI and packaging subcomponents such as

mold compounds, bond wires and lead frames. It excludes DLP® products, semiconductor modules and all other products manufactured by or for TI.

3

“Active” means a Smelter has committed to undergo an RMAP assessment, completed the relevant documents, and scheduled the on-site assessment.

4

“Non-Conformant” means a Smelter has been independently assessed and found non-conformant with the relevant RMAP standard or equivalent cross-recognized assessment.

 

2

In 2024, we continued our due diligence efforts with regard to Smelters that are not compliant with the RMI RMAP standards. While we primarily relied on information from our first-tier suppliers, in some cases we contacted Smelters for more complete information. That information, combined with information available through the RMI, provided us with greater insight into the Conflict Status of CMs identified as potentially in our supply chain.

We do not have complete information about the CMs in our entire supply chain. For 2024, some of our Suppliers identified Smelters in their supply chains on a company-wide, division or product-line basis, without specifying which Smelters were relevant to products they supplied to TI. Accordingly, we refer in this Conflict Minerals Report to Smelters as being “potentially” in our supply chain and as CMs “potentially” supplied to TI. Industry efforts to collect and verify CM origin information remain an inherent limitation. For Smelters that are designated as Active, their status is currently undeterminable because the RMAP assessments are not complete or have not yet been dispositioned by the RMI. The results of our due diligence reflect these limitations. The Smelters identified by our Suppliers as potentially in our supply chain are listed in Appendix A hereto. Our efforts to determine the mine or location of origin of the CMs consisted of the due diligence measures described above.

 

VI.

Risk-Mitigation Efforts

Since the period covered by this Conflict Minerals Report, we have taken, or will take, the following steps to mitigate the risk that our CMs directly or indirectly finance or benefit armed groups in the Covered Countries:

 

  •  

redistribute copies of our CM policy to Suppliers;

 

  •  

emphasize to Suppliers our expectation that they respond fully and promptly to our information requests;

 

  •  

instruct Suppliers to advise us if they determine that any person or entity in their supply chain is directly or indirectly financing or benefiting armed groups in the Covered Countries;

 

  •  

encourage Suppliers to direct all Smelters in their supply chains to participate in the RMAP or a similar third-party audit program; and

 

  •  

contact various Smelters directly for information if their operating status changed, their RMI status changed, or they have refused to participate in an RMI audit.

 

VII.

Independent Private Sector Audit

We obtained an independent private sector audit of this Conflict Minerals Report. The report by Crowe LLP is set forth as Appendix B to this Conflict Minerals Report.

[Intentionally blank]

 

3

Appendix A

Included in this Appendix A are Smelters that were identified to us by our Suppliers as potentially in our supply chain for 2024. As explained in this Conflict Minerals Report, the presence of a Smelter on the lists in this Appendix A does not mean that TI products necessarily contained CMs processed by that Smelter.

 

1.

Table 1 – Conformant Smelters:

Listed below are the 233 Smelters identified to us by our Suppliers as potentially in our supply chain for 2024 that the RMAP has reported as compliant with its RMI RMAP standards. On that basis, we have determined that the CMs supplied by these Smelters were Conformant. The RMAP status information is as reported by the RMI as of January 15, 2025.

 

*

Smelters that potentially supply the CMs for our ICs.

 

    

Smelter

   

Metal

   

Country Location

1.    A.L.M.T. Corp.*    Tungsten    JAPAN
2.    Asia Tungsten Products Vietnam Ltd.*    Tungsten    VIET NAM
3.    China Molybdenum Tungsten Co., Ltd.*    Tungsten    CHINA
4.    Chongyi Zhangyuan Tungsten Co., Ltd.*    Tungsten    CHINA
5.    Cronimet Brasil Ltda*    Tungsten    BRAZIL
6.    Fujian Xinlu Tungsten Co., Ltd.*    Tungsten    CHINA
7.    Ganzhou Jiangwu Ferrotungsten Co., Ltd.*    Tungsten    CHINA
8.    Ganzhou Seadragon W & Mo Co., Ltd.*    Tungsten    CHINA
9.    Global Tungsten & Powders LLC*    Tungsten    UNITED STATES
10.    Guangdong Xianglu Tungsten Co., Ltd.*    Tungsten    CHINA
11.    H.C. Starck Tungsten GmbH*    Tungsten    GERMANY
12.    Hubei Green Tungsten Co., Ltd.*    Tungsten    CHINA
13.    Hunan Chenzhou Mining Co., Ltd.*    Tungsten    CHINA
14.    Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch*    Tungsten    CHINA
15.    Japan New Metals Co., Ltd.*    Tungsten    JAPAN
16.    Jiangwu H.C. Starck Tungsten Products Co., Ltd.*    Tungsten    CHINA
17.    Jiangxi Gan Bei Tungsten Co., Ltd.*    Tungsten    CHINA
18.    Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.*    Tungsten    CHINA
19.    Jiangxi Xinsheng Tungsten Industry Co., Ltd.*    Tungsten    CHINA
20.    Jiangxi Yaosheng Tungsten Co., Ltd.*    Tungsten    CHINA
21.    Kennametal Fallon*    Tungsten    UNITED STATES
22.    Kennametal Huntsville*    Tungsten    UNITED STATES
23.    Lianyou Metals Co., Ltd.*    Tungsten    TAIWAN
24.    Lianyou Resources Co., Ltd.    Tungsten    TAIWAN
25.    Malipo Haiyu Tungsten Co., Ltd.*    Tungsten    CHINA
26.    Masan High-Tech Materials*    Tungsten    VIET NAM
27.    Niagara Refining LLC*    Tungsten    UNITED STATES
28.    Philippine Chuangxin Industrial Co., Inc.*    Tungsten    PHILIPPINES
29.    Shinwon Tungsten (Fujian Shanghang) Co., Ltd.    Tungsten    CHINA
30.    TANIOBIS Smelting GmbH & Co. KG*    Tungsten    GERMANY
31.    Tungsten Vietnam Joint Stock Company    Tungsten    VIET NAM
32.    Wolfram Bergbau und Hutten AG*    Tungsten    AUSTRIA
33.    Xiamen Tungsten (H.C.) Co., Ltd.*    Tungsten    CHINA
34.    Xiamen Tungsten Co., Ltd.*    Tungsten    CHINA
35.    Alpha Assembly Solutions Inc*    Tin    UNITED STATES
36.    Aurubis Beerse*    Tin    BELGIUM
37.    Aurubis Berango*    Tin    SPAIN
38.    Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.*    Tin    CHINA
39.    Chifeng Dajingzi Tin Industry Co., Ltd.*    Tin    CHINA
40.    China Tin Group Co., Ltd.*    Tin    CHINA
41.    CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda*    Tin    BRAZIL
42.    CRM Synergies*    Tin    SPAIN
43.    CV Ayi Jaya*    Tin    INDONESIA
44.    CV Venus Inti Perkasa*    Tin    INDONESIA
45.    Dowa*    Tin    JAPAN
46.    DS Myanmar*    Tin    MYANMAR
47.    EM Vinto*    Tin    BOLIVIA
48.    Estanho de Rondonia S.A.*    Tin    BRAZIL
49.    Fabrica Auricchio Industria e Comercio Ltda.*    Tin    BRAZIL
50.    Fenix Metals*    Tin    POLAND
51.    Gejiu Non-Ferrous Metal Processing Co., Ltd.*    Tin    CHINA
52.    Guangdong Hanhe Non-Ferrous Metal Co., Ltd.*    Tin    CHINA
53.    HuiChang Hill Tin Industry Co., Ltd.*    Tin    CHINA
54.    Jiangxi New Nanshan Technology Ltd.*    Tin    CHINA
55.    Luna Smelter, Ltd.*    Tin    RWANDA
56.    Magnu’s Minerais Metais e Ligas Ltda.*    Tin    BRAZIL
57.    Malaysia Smelting Corporation (MSC)*    Tin    MALAYSIA

 

4

58.    Malaysia Smelting Corporation Berhad (Port Klang)*    Tin    MALAYSIA
59.    Metallic Resources, Inc.*    Tin    UNITED STATES
60.    Mineracao Taboca S.A.*    Tin    BRAZIL
61.    Mining Minerals Resources SARL*    Tin    CONGO, D.R.
62.    Minsur*    Tin    PERU
63.    Mitsubishi Materials Corporation*    Tin    JAPAN
64.    O.M. Manufacturing (Thailand) Co., Ltd.*    Tin    THAILAND
65.    O.M. Manufacturing Philippines, Inc.*    Tin    PHILIPPINES
66.    Operaciones Metalurgicas S.A.*    Tin    BOLIVIA
67.    PT Aries Kencana Sejahtera*    Tin    INDONESIA
68.    PT Artha Cipta Langgeng*    Tin    INDONESIA
69.    PT ATD Makmur Mandiri Jaya*    Tin    INDONESIA
70.    PT Babel Inti Perkasa*    Tin    INDONESIA
71.    PT Babel Surya Alam Lestari*    Tin    INDONESIA
72.    PT Bangka Prima Tin*    Tin    INDONESIA
73.    PT Bangka Serumpun*    Tin    INDONESIA
74.    PT Belitung Industri Sejahtera*    Tin    INDONESIA
75.    PT Bukit Timah*    Tin    INDONESIA
76.    PT Cipta Persada Mulia*    Tin    INDONESIA
77.    PT Menara Cipta Mulia*    Tin    INDONESIA
78.    PT Mitra Stania Prima*    Tin    INDONESIA
79.    PT Mitra Sukses Globalindo*    Tin    INDONESIA
80.    PT Premium Tin Indonesia*    Tin    INDONESIA
81.    PT Prima Timah Utama*    Tin    INDONESIA
82.    PT Putera Sarana Shakti (PT PSS)*    Tin    INDONESIA
83.    PT Rajawali Rimba Perkasa*    Tin    INDONESIA
84.    PT Rajehan Ariq*    Tin    INDONESIA
85.    PT Refined Bangka Tin*    Tin    INDONESIA
86.    PT Sariwiguna Binasentosa*    Tin    INDONESIA
87.    PT Stanindo Inti Perkasa*    Tin    INDONESIA
88.    PT Sukses Inti Makmur (SIM)*    Tin    INDONESIA
89.    PT Timah Nusantara*    Tin    INDONESIA
90.    PT Timah Tbk Kundur*    Tin    INDONESIA
91.    PT Timah Tbk Mentok*    Tin    INDONESIA
92.    PT Tinindo Inter Nusa*    Tin    INDONESIA
93.    PT Tommy Utama*    Tin    INDONESIA
94.    Resind Industria e Comercio Ltda.*    Tin    BRAZIL
95.    Rui Da Hung*    Tin    TAIWAN
96.    Super Ligas*    Tin    BRAZIL
97.    Takehara PVD Materials Plant / PVD Materials Div. of MITSUI MINING SMELTING*    Tin    JAPAN
98.    Thaisarco*    Tin    THAILAND
99.    Tin Smelting Branch of Yunnan Tin Co., Ltd.*    Tin    CHINA
100.    Tin Technology & Refining*    Tin    UNITED STATES
101.    White Solder Metalurgia e Mineracao Ltda.*    Tin    BRAZIL
102.    Woodcross Smelting Company Limited*    Tin    UGANDA
103.    Yunnan Chengfeng Non-ferrous Metals Co., Ltd.*    Tin    CHINA
104.    Yunnan Yunfan Non-ferrous Metals Co., Ltd.*    Tin    CHINA
105.    AMG Brasil*    Tantalum    BRAZIL
106.    Changsha South Tantalum Niobium Co., Ltd.    Tantalum    CHINA
107.    D Block Metals, LLC*    Tantalum    UNITED STATES
108.    F&X Electro-Materials Ltd.*    Tantalum    CHINA
109.    FIR Metals & Resource Ltd.*    Tantalum    CHINA
110.    Global Advanced Metals Aizu*    Tantalum    JAPAN
111.    Global Advanced Metals Boyertown*    Tantalum    UNITED STATES
112.    Guangdong Rising Rare Metals-EO Materials Ltd.    Tantalum    CHINA
113.    Hengyang King Xing Lifeng New Materials Co., Ltd.*    Tantalum    CHINA
114.    Jiangxi Dinghai Tantalum & Niobium Co., Ltd.*    Tantalum    CHINA
115.    Jiangxi Tuohong New Raw Material*    Tantalum    CHINA
116.    JiuJiang JinXin Nonferrous Metals Co., Ltd.*    Tantalum    CHINA
117.    Jiujiang Tanbre Co., Ltd.*    Tantalum    CHINA
118.    Jiujiang Zhongao Tantalum & Niobium Co., Ltd.*    Tantalum    CHINA
119.    KEMET de Mexico*    Tantalum    MEXICO
120.    Materion Newton Inc.*    Tantalum    UNITED STATES
121.    Metallurgical Products India Pvt., Ltd.*    Tantalum    INDIA
122.    Mineracao Taboca S.A.*    Tantalum    BRAZIL
123.    Mitsui Mining and Smelting Co., Ltd.*    Tantalum    JAPAN
124.    Ningxia Orient Tantalum Industry Co., Ltd.*    Tantalum    CHINA
125.    NPM Silmet AS*    Tantalum    ESTONIA
126.    PowerX Ltd.    Tantalum    RWANDA
127.    QSIL Metals Hermsdorf GmbH    Tantalum    GERMANY
128.    QuantumClean*    Tantalum    UNITED STATES
129.    Resind Industria e Comercio Ltda.*    Tantalum    BRAZIL
130.    RFH Yancheng Jinye New Material Technology Co., Ltd.*    Tantalum    CHINA

 

5

131.    Taki Chemical Co., Ltd.*    Tantalum    JAPAN
132.    TANIOBIS Co., Ltd.*    Tantalum    THAILAND
133.    TANIOBIS GmbH*    Tantalum    GERMANY
134.    TANIOBIS Japan Co., Ltd.*    Tantalum    JAPAN
135.    TANIOBIS Smelting GmbH & Co. KG*    Tantalum    GERMANY
136.    Telex Metals*    Tantalum    UNITED STATES
137.    Ulba Metallurgical Plant JSC*    Tantalum    KAZAKHSTAN
138.    XIMEI RESOURCES (GUANGDONG) LIMITED*    Tantalum    CHINA
139.    XinXing HaoRong Electronic Material Co., Ltd.*    Tantalum    CHINA
140.    Yanling Jincheng Tantalum & Niobium Co., Ltd.*    Tantalum    CHINA
141.    Abington Reldan Metals, LLC*    Gold    UNITED STATES
142.    Advanced Chemical Company*    Gold    UNITED STATES
143.    Agosi AG*    Gold    GERMANY
144.    Aida Chemical Industries Co., Ltd.*    Gold    JAPAN
145.    Almalyk Mining and Metallurgical Complex (AMMC)*    Gold    UZBEKISTAN
146.    AngloGold Ashanti Corrego do Sitio Mineracao*    Gold    BRAZIL
147.    Argor-Heraeus S.A.*    Gold    SWITZERLAND
148.    ASAHI METALFINE, Inc.*    Gold    JAPAN
149.    Asahi Refining Canada Ltd.*    Gold    CANADA
150.    Asahi Refining USA Inc.*    Gold    UNITED STATES
151.    Asaka Riken Co., Ltd.*    Gold    JAPAN
152.    Aurubis AG*    Gold    GERMANY
153.    Bangko Sentral ng Pilipinas (Central Bank of the Philippines)*    Gold    PHILIPPINES
154.    Boliden Ronnskar*    Gold    SWEDEN
155.    C. Hafner GmbH + Co. KG*    Gold    GERMANY
156.    CCR Refinery - Glencore Canada Corporation*    Gold    CANADA
157.    Chimet S.p.A.*    Gold    ITALY
158.    Chugai Mining*    Gold    JAPAN
159.    Coimpa Industrial LTDA    Gold    BRAZIL
160.    Dowa*    Gold    JAPAN
161.    DSC (Do Sung Corporation)*    Gold    KOREA (REPUBLIC OF)
162.    Eco-System Recycling Co., Ltd. East Plant*    Gold    JAPAN
163.    Eco-System Recycling Co., Ltd. North Plant*    Gold    JAPAN
164.    Eco-System Recycling Co., Ltd. West Plant*    Gold    JAPAN
165.    Elite Industech Co., Ltd.    Gold    TAIWAN
166.    GG Refinery Ltd.    Gold    TANZANIA
167.    Gold by Gold Colombia*    Gold    COLOMBIA
168.    Gold Refinery of Zijin Mining Group Co., Ltd.*    Gold    CHINA
169.    Heimerle + Meule GmbH*    Gold    GERMANY
170.    Heraeus Germany GmbH Co. KG*    Gold    GERMANY
171.    Heraeus Metals Hong Kong Ltd.*    Gold    CHINA
172.    Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.*    Gold    CHINA
173.    Ishifuku Metal Industry Co., Ltd.*    Gold    JAPAN
174.    Istanbul Gold Refinery*    Gold    TURKEY
175.    Italpreziosi*    Gold    ITALY
176.    Japan Mint*    Gold    JAPAN
177.    Jiangxi Copper Co., Ltd.*    Gold    CHINA
178.    JX Nippon Mining & Metals Co., Ltd.*    Gold    JAPAN
179.    Kazzinc*    Gold    KAZAKHSTAN
180.    Kennecott Utah Copper LLC*    Gold    UNITED STATES
181.    KGHM Polska Miedz Spolka Akcyjna*    Gold    POLAND
182.    Kojima Chemicals Co., Ltd.*    Gold    JAPAN
183.    Korea Zinc Co., Ltd.*    Gold    KOREA (REPUBLIC OF)
184.    L’Orfebre S.A.*    Gold    ANDORRA
185.    LS MnM Inc.*    Gold    KOREA (REPUBLIC OF)
186.    LT Metal Ltd.*    Gold    KOREA (REPUBLIC OF)
187.    Materion*    Gold    UNITED STATES
188.    Matsuda Sangyo Co., Ltd.*    Gold    JAPAN
189.    Metal Concentrators SA (Pty) Ltd.*    Gold    SOUTH AFRICA
190.    Metalor Technologies (Hong Kong) Ltd.*    Gold    CHINA
191.    Metalor Technologies (Singapore) Pte., Ltd.*    Gold    SINGAPORE
192.    Metalor Technologies (Suzhou) Ltd.*    Gold    CHINA
193.    Metalor Technologies S.A.*    Gold    SWITZERLAND
194.    Metalor USA Refining Corporation*    Gold    UNITED STATES
195.    Metalurgica Met-Mex Penoles S.A. De C.V.*    Gold    MEXICO
196.    Mitsubishi Materials Corporation*    Gold    JAPAN
197.    Mitsui Mining and Smelting Co., Ltd.*    Gold    JAPAN
198.    MKS PAMP SA*    Gold    SWITZERLAND
199.    MMTC-PAMP India Pvt., Ltd.*    Gold    INDIA
200.    Nadir Metal Rafineri San. Ve Tic. A.S.*    Gold    TURKEY
201.    Navoi Mining and Metallurgical Combinat*    Gold    UZBEKISTAN
202.    NH Recytech Company*    Gold    KOREA (REPUBLIC OF)
203.    Nihon Material Co., Ltd.*    Gold    JAPAN

 

6

204.   

Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH*

   

Gold

   

AUSTRIA

205.   

Ohura Precious Metal Industry Co., Ltd.*

   

Gold

   

JAPAN

206.   

Planta Recuperadora de Metales SpA*

   

Gold

   

CHILE

207.   

PT Aneka Tambang (Persero) Tbk*

   

Gold

   

INDONESIA

208.   

PX Precinox S.A.*

   

Gold

   

SWITZERLAND

209.   

Rand Refinery (Pty) Ltd.*

   

Gold

   

SOUTH AFRICA

210.   

REMONDIS PMR B.V.*

   

Gold

   

NETHERLANDS

211.   

Royal Canadian Mint*

   

Gold

   

CANADA

212.   

SAFINA A.S.*

   

Gold

   

CZECHIA

213.   

SEMPSA Joyeria Plateria S.A.*

   

Gold

   

SPAIN

214.   

Shandong Gold Smelting Co., Ltd.*

   

Gold

   

CHINA

215.   

Shandong Zhaojin Gold & Silver Refinery Co., Ltd.*

   

Gold

   

CHINA

216.   

Sichuan Tianze Precious Metals Co., Ltd.*

   

Gold

   

CHINA

217.   

Solar Applied Materials Technology Corp.*

   

Gold

   

TAIWAN

218.   

Sumitomo Metal Mining Co., Ltd.*

   

Gold

   

JAPAN

219.   

SungEel HiMetal Co., Ltd.*

   

Gold

   

KOREA (REPUBLIC OF)

220.   

T.C.A S.p.A*

   

Gold

   

ITALY

221.   

Tanaka Kikinzoku Kogyo K.K.*

   

Gold

   

JAPAN

222.   

Tokuriki Honten Co., Ltd.*

   

Gold

   

JAPAN

223.   

TOO Tau-Ken-Altyn*

   

Gold

   

KAZAKHSTAN

224.   

Torecom*

   

Gold

   

KOREA (REPUBLIC OF)

225.   

Umicore S.A. Business Unit Precious Metals Refining*

   

Gold

   

BELGIUM

226.   

United Precious Metal Refining, Inc.*

   

Gold

   

UNITED STATES

227.   

Valcambi S.A.*

   

Gold

   

SWITZERLAND

228.   

WEEEREFINING*

   

Gold

   

FRANCE

229.   

Western Australian Mint (T/a The Perth Mint)*

   

Gold

   

AUSTRALIA

230.   

WIELAND Edelmetalle GmbH*

   

Gold

   

GERMANY

231.   

Yamakin Co., Ltd.*

   

Gold

   

JAPAN

232.   

Yokohama Metal Co., Ltd.*

   

Gold

   

JAPAN

233.   

Zhongyuan Gold Smelter of Zhongjin Gold Corporation*

   

Gold

   

CHINA

 

7

2.

Table 2 – Other Smelters:

Listed below are the 4 Smelters identified to us by our Suppliers as potentially in our supply chain for 2024 that have been designated as Active. The RMAP status information is as reported by the RMI as of January 15, 2025.

* Smelters that potentially supply the CMs for our ICs.

 

    

Smelter

   

Metal

   

Country

   

Status

1.    Bangalore Refinery*    Gold    INDIA    Active
2.   

Impala Platinum - Platinum Metals Refinery (PMR)

   

Gold

   

SOUTH AFRICA

   

Active

3.   

Kenee Mining Corporation Vietnam

   

Tungsten

   

VIET NAM

   

Active

4.    Precious Minerals and Smelting Limited*    Tin    INDIA    Active

 

8

Appendix B

Independent Private Sector Auditor Report

 

LOGO

    

Crowe LLP

Independent Member Crowe Global

INDEPENDENT ACCOUNTANT’S REPORT ON CONFLICT MINERALS

The Board of Directors

Texas Instruments Incorporated Dallas, Texas

We have examined:

 

  •  

Whether the design of Texas Instruments Incorporated’s (the “Company”) due diligence framework as set forth in the section titled “Design of Due Diligence” of the Conflict Minerals Report for the reporting period from January 1, 2024 through December 31, 2024, is in conformity, in all material respects, with the criteria set forth in the Organisation for Economic Co-Operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict- Affected and High-Risk Areas, Third Edition 2016 (“OECD Due Diligence Guidance”), and

 

  •  

whether the Company’s description of the due diligence measures it performed, as set forth in the section titled “Due Diligence Measures Taken” of the Conflict Minerals Report for the reporting period from January 1, 2024 through December 31, 2024, is consistent, in all material respects, with the due diligence process that the Company undertook.

The Company’s management is responsible for the design of the Company’s due diligence framework and the description of the Company’s due diligence measures set forth in the Conflict Minerals Report, and performance of the due diligence measures. Our responsibility is to express an opinion on the design of the Company’s due diligence framework and on the description of the due diligence measures the Company performed, based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and the standards applicable to attestation engagements contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the design of the Company’s due diligence framework and the description of the due diligence measures the Company performed is in accordance with the criteria, in all material respects. An examination involves performing procedures to obtain evidence about the Company’s due diligence framework and the description of the due diligence measures the Company performed. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material misstatement of the Company’s due diligence framework and its description of the due diligence measures the Company performed, whether due to fraud or error. We believe the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the engagement.

 

 

 
(Continued)

9

Our examination was not conducted for the purpose of evaluating:

 

  •  

The consistency of the due diligence measures that the Company performed with either the design of the Company’s due diligence framework or the OECD Due Diligence Guidance;

 

  •  

The completeness of the Company’s description of the due diligence measures performed;

 

  •  

The suitability of the design or operating effectiveness of the Company’s due diligence process;

 

  •  

Whether a third party can determine from the Conflict Minerals Report if the due diligence measures the Company performed are consistent with the OECD Due Diligence Guidance;

 

  •  

The Company’s reasonable country of origin inquiry (RCOI), including the suitability of the design of the RCOI, its operating effectiveness, or the results thereof; or

 

  •  

The Company’s conclusions about the source or chain of custody of its conflict minerals, those products subject to due diligence, or the DRC Conflict Free status of its products.

Accordingly, we do not express an opinion or any other form of assurance on the aforementioned matters or any other matters included in any section of the Conflict Minerals Report other than the sections described below.

In our opinion:

 

  •  

the design of the Company’s due diligence framework for the reporting period from January 1, 2024 through December 31, 2024, as set forth in the section titled “Design of Due Diligence” of the Conflict Minerals Report is in conformity with the OECD Due Diligence Guidance, in all material respects; and

 

  •  

the Company’s description of the due diligence measures it performed, as set forth in the section titled “Due Diligence Measures Taken” of the Conflict Minerals Report for the reporting period from January 1, 2024 through December 31, 2024, is consistent with the due diligence process that the Company undertook, in all material respects.

 

LOGO
Crowe LLP

Los Angeles, California

May 19, 2025

 

 

 
 

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