EX-1.01 2 aaxn-20200529xex1d01.htm EX-1.01 aaxn_Ex1_01

EXHIBIT 1.01

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CONFLICT MINERALS REPORT

 

Introduction

This Report has been prepared pursuant to Rule 13p-1 (the "Rule") under the Securities Exchange Act of 1934, as amended, for the reporting period from January 1 to December 31, 2019.

This Report relates to the process undertaken for Axon Enterprise, Inc.'s ("Axon" or "the Company" or "we" or "our") products that were manufactured, or contracted to be manufactured, during calendar year 2019 and that contain gold, columbite-tantalite (coltan), cassiterite, wolframite, tantalum, tin, or tungsten (collectively, the “conflict minerals”).

Tin, tungsten, tantalum and/or gold are necessary to the functionality of a variety of Axon's products, including, but not limited to TASER 7®, TASER X26P®, TASER X2®, TASER Pulse®, replacement cartridges, Axon Flex 2®, Axon Body 2®, Axon Body 3®, Axon docking stations, Axon Signal® products, Axon Fleet®, TASER CAM®, and related accessories. Third-party products that the Company retails but that it does not manufacture or contract to manufacture are outside the scope of this report.

When this Report uses the term “conflict-free” to describe a smelter or refiner, it means that the applicable smelters and refiners have been verified as complying with the Conflict-Free Sourcing Initiative’s Conflict-Free Smelter Program (the “CFSP”) or an equivalent third-party audit program, some of which we describe below under the heading "Design of Due Diligence Framework - Step 2: Identify and Assess Risk in the Supply Chain."

 

Company Overview

Axon is a developer and manufacturer of advanced conducted electrical devices designed for use by law enforcement, military, corrections, private security personnel, and by private individuals for personal defense. In addition, the Company has developed full technology solutions for the capture, secure storage and management of video/audio evidence as well as other tactical capabilities for use in law enforcement.

 

Conflict Mineral Policy

Axon supports and respects the protection of internationally proclaimed human rights for all, including the basic human rights of our employees and workers within our supply chain. Axon is committed to respect human rights and fair labor practices.

Coinciding with this commitment, Axon is concerned about human rights violations and labor abuses, which we understand are occurring in the Democratic Republic of the Congo and adjoining countries (the “DRC region”) as a result of the civil discord there. We understand that the armed groups responsible for the conflict in the DRC region may be directly or indirectly financed by the mining and trade in certain conflict minerals.

As a result of the concern around human rights violations, the U.S. Securities and Exchange Commission ("SEC") adopted final rules to implement reporting and disclosure requirements related to conflict minerals, as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The SEC rules require public companies to disclose whether the products they manufacture or contract to manufacture contain conflict minerals that are “necessary to the functionality or production” of those products, and to conduct certain diligence and make certain disclosures regarding such minerals. Tin, tungsten, tantalum and gold are necessary to the functionality of a variety of Axon's products.

Using a documented reasonable process, we work diligently with our direct suppliers to determine the presence and origin of conflict minerals in our supply chain. Recognizing the complexity of this issue, Axon appreciates the need for broad collaboration

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with all of our suppliers in our supply chain throughout this process. In our commitment to conduct our business worldwide with respect for human rights, we:

 Expect our direct suppliers to source materials from suppliers and smelters who also source responsibly, including, but not limited to, from legitimate, conflict-free mines in the DRC region;

 Expect our direct suppliers to conduct the necessary due diligence and provide us with proper verification of the country of origin and source of the materials used in the products they supply to Axon; and

 Reserve the right to verify information received from our suppliers.

Based on the information learned through our due diligence efforts, we continue to evaluate and make changes to supplier base and hope to make additional progress toward ensuring responsible mineral sourcing throughout our supply chain, and improved transparency for our investors and customers.

Axon's Conflict Mineral Program

The Company's continuous engagement and accountability is leading to better data that will allow management to make meaningful decisions with respect to the Company's supply chain. While the majority of conflict minerals contained in the materials supplied to the Company are sourced by our suppliers through smelters or refiners ("SORs") in countries that the Company has determined to be of lower risk of directly or indirectly financing or benefiting armed groups, the Company acknowledges that mineral supplies may still be sourced by our suppliers from SORs in Central Africa or who acquire product from sources in Central Africa or have other contacts in that region. The Company is determined to continue making efforts to understand whether the SORs its suppliers source from in Central Africa and elsewhere have been certified as conflict-free.

Axon hardware products contain one or more conflict minerals and are within the Rule’s scope. On the basis of our “reasonable country of origin inquiry” (“RCOI”) required by the Rule and described below, we cannot exclude the possibility that some of the conflict minerals contained in our hardware products may have originated in the DRC region. For that reason, we are submitting this Conflict Minerals Report (“CMR”), which describes the conflict minerals due diligence we have performed pursuant to the Rule.

This CMR, which includes sections titled Reasonable Country of Origin Inquiry, Design of Due Diligence Framework, Description of Due Diligence Measures Performed, and Future Due Diligence Measures, is designed to meet the reporting requirements of the Rule. It is publicly available on our investor relations website at www.investor.axon.com.

Reasonable Country of Origin Inquiry

The Company's RCOI corresponds to the first and second steps of the five-step OECD Guidance further described below, as that Guidance (including its Supplements) applies to each of the conflict minerals and to Axon as a “downstream company.” The OECD Guidance provides a framework for detailed due diligence to support responsible global supply chain management of minerals, including the conflict minerals.

As a direct manufacturer, the Company does not directly source conflict minerals. We source products and components from direct suppliers, which source materials from their subtier suppliers. Our supply chain is extensive and complex with many layers of suppliers positioned between ourselves and conflict mineral smelters, refiners, and mines. Due to our extended supply chain, we rely on our direct suppliers, including our component manufacturers, to provide us with information concerning the sources and chains of custody of conflict minerals necessary to the functionality or production of our hardware products. The Company does not have complete information about the conflict minerals in its entire supply chain. For 2019, many direct suppliers identified smelters or refiners in their supply chain on a company-wide basis, division or product-line basis, without specifying the smelters or refiners that were relevant to products they supplied to Axon. Accordingly, the Company refers in this Conflict Minerals Report to smelters or refiners being "potentially" in our supply chain and as conflict minerals "potentially" supplied to Axon.

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The charts below highlight the Company's 2019 RCOI, including the number of identified direct suppliers that participated in the Company's conflict minerals campaigns versus those who did not, as well as the status of known suppliers that have been certified as conflict-free versus those that have not received such certification:

Picture 7Picture 5

 

For the 2019 reporting period, the Company identified 181 direct suppliers, including our component manufacturers, determined to be in-scope for regulatory purposes based on the Company’s influence over the manufacturing process (i.e., meeting the manufacture or contract to manufacture criteria in Rule 13p-1) and the use of conflict minerals in materials supplied. Based on response rates received from direct suppliers, the Company identified 173 known suppliers of products containing conflict minerals, and of those, 76% were certified as being conflict-free. For the 2018 reporting period, the Company identified 164 direct suppliers, including our component manufacturers, determined to be in-scope for regulatory purposes based on the Company’s influence over the manufacturing process (i.e., meeting the manufacture or contract to manufacture criteria in Rule 13p-1) and the use of conflict minerals in materials supplied. Based on response rates received from direct suppliers, the Company identified 160 known suppliers of products containing conflict minerals, and of those, 77% were certified as being conflict-free. The Company remains focused on its due diligence efforts in 2019 to work with our direct suppliers to verify the remaining SORs supplying conflict minerals contained in our products, and if that cannot be done, considering whether to remove them from our supply chain.

The following table illustrates the status of known suppliers of conflict minerals potentially in the Company's supply chain:

 

 

 

 

 

 

 

Status of known suppliers

    

2019 

    

% of Total

 

Certified conflict-free

 

130 

 

76 

%

Not certified conflict-free

 

41 

 

24 

 

Total

 

171 

 

100 

%

 

Design of Due Diligence Framework

 

Inherent Limitations on Due Diligence Measures: As a downstream purchaser of products which contain conflict minerals, the Company's due diligence measures can provide only reasonable, not absolute, assurance regarding the source and chain of custody of the necessary conflict minerals. The Company's due diligence processes are based on the necessity of seeking data from our direct suppliers and those suppliers seeking similar information within their supply chains to identify the original sources of the necessary conflict minerals. The Company also relies, to a large extent, on information collected and provided by independent third party audit programs. Another complicating factor is the unavailability of country of origin and chain of custody information from our suppliers on a continuous, real-time basis. Under the Dodd-Frank Act and the Rule, a product is "DRC conflict-free" if it meets the required standard every day of the reporting year; conversely, a product would "not be found to be DRC conflict-free" if it does not meet the required standard even one day of the reporting year. The supply chain of commodities such as conflict minerals is a multi-step process operating more or less on a daily basis, with ore being delivered to SORs, with SORs smelting or refining ores into metal containing derivatives such as ingots, with the derivatives being shipped, sold and stored in numerous market locations around the

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world and with distributors and purchasers holding varying amounts of the derivatives in inventory for use.  Since the Company does not have direct contractual relationships with SORs, it relies on our direct suppliers and the entire supply-chain to gather and provide specific information about the date when the ore is smelted into a derivative and later shipped, stored, sold and first entered the stream of commerce. the Company directly seeks sourcing data on a periodic basis from its direct suppliers as well as certain SORs. The Company asks that the data cover the entire reporting year.

The good faith due diligence process that Axon undertook was designed in accordance with the Organisation for Economic Co-operation and Development (“OECD”) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (Second Edition, OECD 2013) and the related Supplements on tantalum, tin, tungsten and gold (collectively, the “OECD Guidance”). The OECD Guidance provides practical guidance to companies throughout the supply chain on a set of actions that can be taken to ensure responsible due diligence. Aligning with the OECD’s diligence framework, the steps that Axon implemented were as follows:

Step 1: Establish Strong Corporate Management Systems

 Assign accountability for the compliance efforts to a cross-functional team of legal, supply chain, engineering and finance personnel, that meet periodically throughout the year to develop a strategy for the annual conflict minerals campaign.

 Employ a supply chain system of controls and transparency through the use of due diligence tools created by the Electronic Industry Citizenship Coalition ("EICC") and the Global e-Sustainability Initiative ("GeSI")'s Conflict-Free Sourcing Initiative ("CFSI"), which includes the Conflict Minerals Reporting Template ("CMRT"), a supply chain survey designed to identify the SORs that process the necessary conflict minerals contained in our products.

 Feature requirements related to conflict minerals in our standard template for supplier contracts and specifications so that current and future suppliers are obligated to comply with our policies on conflict minerals, including participation in a supply chain survey and related due diligence activities.

 Maintain records relating to our conflict minerals program in accordance with our record retention guidelines.

Step 2: Identify and Assess Risk in the Supply Chain

 Identify direct suppliers that supply products that may contain conflict minerals.

 Conduct a RCOI, requesting direct suppliers to identify SORs and country of origin of the conflict minerals in products they supply to Axon.

 Evaluate supplier responses for plausibility, consistency and missing data. Conduct additional supplier contacts to resolve questions with respect to the initial findings to determine whether the responses were reasonable and reliable.

 For those supply chains with SORs that are known or thought to be sourcing from the DRC region, additional investigation was conducted to determine the source and chain of custody of covered metals. The Company relies on the following internationally accepted audit standards to determine which SORs are considered conflict-free: the CFSP, the London Bullion Market Association Good Delivery Program and the Responsible Jewelry Council Chain-of-Custody Certification program.

 If any SOR was not certified by these internationally-recognized methods, the Company attempted to contact the SOR to gain more information about its sourcing practices, including countries of origin and transfer, and whether there are any internal due diligence procedures in place or other processes that it takes to track the chain of custody on the source of its mineral ores. Relevant information to review includes: whether the SOR has a documented, effective and communicated conflict-free policy, an accounting system to support a mass balance of materials processed, and traceability documentation. The Company also performed Internet research to determine whether there are any outside sources of information regarding the SOR’s sourcing practices. As many as three contact attempts were made to direct suppliers to gather information on mine country of origin and sourcing practices.

Step 3: Design and Implement a Strategy to Respond to Identified Risks

 Work with our direct suppliers to verify all SORs, and attempt to ensure that any SORs that were not already certified as conflict-free would enroll in a third-party audit process.

 Identify and consider, to the extent feasible, alternative suppliers for materials where the supplier is uncooperative towards our goal of responsibly sourcing conflict minerals.

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 Provide progress reports to our President and other senior management summarizing our risk mitigation efforts.

Step 4: Third-party Audit of Smelter’s/Refiner’s Due Diligence Processes

 Based on information received through the CFSP or equivalent independent third-party audit programs, as well as a third-party review of publicly available information about identified SORs, Axon has documented the country of origin information of particular known SORs. The CFSP collects evidence from SORs demonstrating that responsible sourcing procedures and systems have been implemented. The CFSP works with complementary programs in Central Africa to validate conflict-free mine sites and trade routes. Regional traceability and other third-party programs work with non-governmental organizations, government programs, and the CFSP to improve procedures and systems when incidents occur, and they communicate relevant information to program participants as it becomes available. The Company believes that independent third-party audit programs provide a reasonable basis for companies to conclude that SORs have procedures and systems for determining if the SORs process conflict minerals that directly or indirectly finance or benefit armed groups.

Step 5: Report on Supply Chain Due Diligence

 Publicly communicate our Conflict Minerals Sourcing Policy on our company website: www.investor.axon.com.

 Publicly communicate the results of our annual Conflict Minerals program on our company website: www.investor.axon.com.

Description of Due Diligence Measures Performed

Below is a description of the measures the Company performed for the 2019 reporting period to exercise due diligence on the source and chain of custody of the necessary conflict minerals contained in our products that we had reason to believe may have originated from the DRC region and may not have come from recycled or scrap sources:

 Conducted a supply-chain survey of suppliers that we identified as possibly supplying Axon with products that contain necessary conflict minerals using the CFSI's CMRT, requesting country of origin information regarding the necessary conflict minerals and identification of SORs that process such minerals.

 Received and retained responses to the supply-chain survey within an online database.

 Performed additional follow up supply chain inquiries for supplier non-responses.

 Contacted surveyed suppliers on responses to supply chain surveys that we identified contained incomplete or potentially inaccurate information to seek additional clarifying information.

 Compared SORs identified by the supply chain survey against the list of facilities that have received a "conflict-free" designation from the CFSP or other independent third-party audit program.

 Provided progress reports to the President and other members of senior management to communicate the status and results of our conflict minerals program.

Future Due Diligence Measures

During the reporting period for the calendar year ending December 31, 2019, we are continuing to engage in the activities described above in "Design of Due Diligence Framework" and "Description of Due Diligence Measures Performed." In our efforts to attain a conflict-free supply chain for our products, we intend to continue to contact SORs identified in our supply chain survey process that have not yet received a "conflict-free" designation and request their participation in the CFSP or other independent third party audit program in order for them to obtain such a "conflict-free" designation. Further the Company intends to advance its due diligence measures but also to mitigate and address certain risks by performing the following:

 Redistribute copies of our conflict minerals policy to direct suppliers;

 Emphasize to them our expectation that they respond fully and promptly to our information requests;

 Instruct them 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 DRC region; and

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 Encourage them to direct all SORs in their supply chains to participate in the CFSP or a similar third-party audit program.

Determination

Based on the information provided by the Company’s direct suppliers, including its component manufacturers, and the Company's own due diligence efforts with known SORs through December 31, 2019, the Company believes that the SORs listed on Appendix A below may have been used to process the conflict minerals in Axon's products.

Based on these due diligence efforts, Axon does not have sufficient information to conclusively determine the countries of origin of the conflict minerals in its products or whether such conflict minerals in its products are from recycled or scrap sources.

Axon has provided information as of the date of this Report. Subsequent events, such as the inability or unwillingness of any suppliers or SORs to comply with the Company's conflict minerals standards, may affect the Company's future determinations under Rule 13p-1.

 

 

 

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Appendix A

*  Denotes SORs which have received a "compliant" designation from an independent third party audit program.

 

 

 

 

Subject Mineral

Smelter or Refiner Name

Country location of Smelter or Refiner

Gold

8853 S.p.A.*

Italy

Gold

Abington Reldan Metals, LLC

United States of America

Gold

Advanced Chemical Company*

United States of America

Gold

African Gold Refinery

Uganda

Gold

Aida Chemical Industries Co., Ltd.*

Japan

Gold

Al Etihad Gold Refinery DMCC*

United Arab Emirates

Gold

Allgemeine Gold-und Silberscheideanstalt A.G.*

Germany

Gold

Almalyk Mining and Metallurgical Complex (AMMC)*

Uzbekistan

Gold

AngloGold Ashanti Corrego do Sitio Mineracao*

Brazil

Gold

Argor-Heraeus S.A.*

Switzerland

Gold

Asahi Pretec Corp.*

Japan

Gold

Asahi Refining Canada Ltd.*

Canada

Gold

Asahi Refining USA Inc.*

United States of America

Gold

Atasay Kuyumculuk Sanayi Ve Ticaret A.S.

Turkey

Gold

AU Traders and Refiners*

South Africa

Gold

AURA-II

United States of America

Gold

Aurubis AG*

Germany

Gold

Bangalore Refinery*

India

Gold

Bangko Sentral ng Pilipinas (Central Bank of the Philippines)*

Philippines

Gold

Bauer Walser AG

Germany

Gold

Boliden AB*

Sweden

Gold

C. Hafner GmbH + Co. KG*

Germany

Gold

Caridad

Mexico

Gold

CCR Refinery - Glencore Canada Corporation*

Canada

Gold

Cendres + Metaux S.A.*

Switzerland

Gold

CGR Metalloys Pvt Ltd.

India

Gold

Chimet S.p.A.*

Italy

Gold

Chugai Mining*

Japan

Gold

Codelco

Chile

Gold

Daejin Indus Co., Ltd.*

Korea, Republic of

Gold

Daye Non-Ferrous Metals Mining Ltd.

China

Gold

Degussa Sonne / Mond Goldhandel GmbH

Germany

Gold

Dijllah Gold Refinery FZC

United Arab Emirates

Gold

DODUCO Contacts and Refining GmbH*

Germany

Gold

Dongguan Standard Electronic Material Co., Ltd

China

Gold

DS PRETECH Co., Ltd.*

Korea, Republic of

Gold

DSC (Do Sung Corporation)*

Korea, Republic of

Gold

Eco-System Recycling Co., Ltd. East Plant*

Japan

Gold

Eco-System Recycling Co., Ltd. North Plant*

Japan

Gold

Eco-System Recycling Co., Ltd. West Plant*

Japan

Gold

Elemetal Refining, LLC

United States of America

Gold

Emirates Gold DMCC*

United Arab Emirates

Gold

Faggi Enrico S.p.A.

Italy

Gold

Fidelity Printers and Refiners Ltd.

Zimbabwe

Gold

Fujairah Gold FZC

United Arab Emirates

Gold

Gansu Seemine Material Hi-Tech Co., Ltd.

China

Gold

GCC Gujrat Gold Centre Pvt. Ltd.

India

Gold

Geib Refining Corporation*

United States of America

Gold

Gold Refinery of Zijin Mining Group Co., Ltd.*

China

Gold

Great Wall Precious Metals Co., Ltd. of CBPM

China

Gold

Guangdong Jinding Gold Limited

China

Gold

Guoda Safina High-Tech Environmental Refinery Co., Ltd.

China

Gold

Hangzhou Fuchunjiang Smelting Co., Ltd.

China

Gold

Heimerle + Meule GmbH*

Germany

Gold

Henan Yuguang Gold & Lead Co., Ltd.

China

Gold

Heraeus Metals Hong Kong Ltd.*

China

Gold

Heraeus Precious Metals GmbH & Co. KG*

Germany

Gold

HeTai Gold Mineral GuangDong Ltd. Co.

China

Gold

House of Currency of Brazil (Casa da Moeda do Brazil)

Brazil

Gold

Hunan Guiyang yinxing Nonferrous Smelting Co., Ltd.

China

Gold

HwaSeong CJ CO., LTD.

Korea, Republic of

Gold

Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.*

China

Gold

International Precious Metal Refiners

United Arab Emirates

Gold

Ishifuku Metal Industry Co., Ltd.*

Japan

Gold

Istanbul Gold Refinery*

Turkey

Gold

Italpreziosi*

Italy

Gold

Japan Mint*

Japan

Axon Enterprise, Inc. | 2019 Conflict Minerals Report |A-1

Subject Mineral

Smelter or Refiner Name

Country location of Smelter or Refiner

Gold

Jiangxi Copper Co., Ltd.*

China

Gold

Jin Jinyin refining company limited

China

Gold

Jinli Enterprice Co.,Ltd

Taiwan, Province of China

Gold

Jinlong Copper Co., Ltd.

China

Gold

JSC Ekaterinburg Non-Ferrous Metal Processing Plant

Russian Federation

Gold

JSC Uralelectromed*

Russian Federation

Gold

JX Nippon Mining & Metals Co., Ltd.*

Japan

Gold

Kaloti Precious Metals

United Arab Emirates

Gold

Kazakhmys Smelting LLC

Kazakhstan

Gold

Kazzinc*

Kazakhstan

Gold

Kennecott Utah Copper LLC*

United States of America

Gold

KGHM Polska Miedz Spolka Akcyjna*

Poland

Gold

Kojima Chemicals Co., Ltd.*

Japan

Gold

Korea Metal Co., Ltd.

Korea, Republic of

Gold

Korea Zinc Co., Ltd.*

Korea, Republic of

Gold

Kosak Seiren

Japan

Gold

Kyrgyzaltyn JSC*

Kyrgyzstan

Gold

Kyshtym Copper-Electrolytic Plant ZAO

Russian Federation

Gold

L'azurde Company For Jewelry

Saudi Arabia

Gold

Lingbao Gold Co., Ltd.

China

Gold

Lingbao Jinyuan Tonghui Refinery Co., Ltd.

China

Gold

L'Orfebre S.A.*

Andorra

Gold

LS-NIKKO Copper Inc.*

Korea, Republic of

Gold

LT Metal Ltd.*

Korea, Republic of

Gold

Luoyang Zijin Yinhui Gold Refinery Co., Ltd.

China

Gold

Marsam Metals*

Brazil

Gold

Materion*

United States of America

Gold

Matsuda Sangyo Co., Ltd.*

Japan

Gold

Metalor Technologies (Hong Kong) Ltd.*

China

Gold

Metalor Technologies (Singapore) Pte., Ltd.*

Singapore

Gold

Metalor Technologies (Suzhou) Ltd.*

China

Gold

Metalor Technologies S.A.*

Switzerland

Gold

Metalor USA Refining Corporation*

United States of America

Gold

Metalurgica Met-Mex Penoles S.A. De C.V.*

Mexico

Gold

MMTC-PAMP India Pvt., Ltd.*

India

Gold

Morris and Watson

New Zealand

Gold

Morris and Watson Gold Coast

Australia

Gold

Moscow Special Alloys Processing Plant*

Russian Federation

Gold

Nadir Metal Rafineri San. Ve Tic. A.S.*

Turkey

Gold

Navoi Mining and Metallurgical Combinat

Uzbekistan

Gold

NH Recytech Company

Korea, Republic of

Gold

Nihon Material Co., Ltd.*

Japan

Gold

Nyrstar Metals

United States of America

Gold

Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH*

Austria

Gold

Ohio Precious Metals LLC.

United States of America

Gold

Ohura Precious Metal Industry Co., Ltd.*

Japan

Gold

OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet)*

Russian Federation

Gold

OJSC Novosibirsk Refinery*

Russian Federation

Gold

PAMP S.A.*

Switzerland

Gold

Pease & Curren

United States of America

Gold

Penglai Penggang Gold Industry Co., Ltd.

China

Gold

Planta Recuperadora de Metales SpA*

Chile

Gold

Prioksky Plant of Non-Ferrous Metals*

Russian Federation

Gold

PT Aneka Tambang (Persero) Tbk*

Indonesia

Gold

PX Precinox S.A.*

Switzerland

Gold

QG Refining, LLC

United States of America

Gold

Rand Refinery (Pty) Ltd.*

South Africa

Gold

Refinery of Seemine Gold Co., Ltd.

China

Gold

REMONDIS PMR B.V.*

Netherlands

Gold

Republic Metals Corporation

United States of America

Gold

Royal Canadian Mint*

Canada

Gold

SAAMP*

France

Gold

Sabin Metal Corp.

United States of America

Gold

Safimet S.p.A*

Italy

Gold

Sai Refinery

India

Gold

Samduck Precious Metals*

Korea, Republic of

Gold

Samwon Metals Corp.

Korea, Republic of

Gold

SAXONIA Edelmetalle GmbH*

Germany

Gold

Schone Edelmetaal B.V.

Netherlands

Gold

SEMPSA Joyeria Plateria S.A.*

Spain

Gold

Shan Dong Huangjin

China

Gold

Shan Tou Shi Yong Yuan Jin Shu Zai Sheng Co. Ltd.

China

Gold

Shandong Humon Smelting Co., Ltd.

China

Axon Enterprise, Inc. | 2019 Conflict Minerals Report |A-2

Subject Mineral

Smelter or Refiner Name

Country location of Smelter or Refiner

Gold

Shandong Tiancheng Biological Gold Industrial Co., Ltd.

China

Gold

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

China

Gold

Shenzhen fujun material technology co.,ltd

China

Gold

Shenzhen Heng Zhong Industry Co.,Ltd.

China

Gold

Shenzhen Zhonghenglong Real Industry Co., Ltd.

China

Gold

Sichuan Tianze Precious Metals Co., Ltd.*

China

Gold

Singway Technology Co., Ltd.*

Taiwan, Province of China

Gold

Sino-Platinum Metals Co.,Ltd

China

Gold

So Accurate Group, Inc.

United States of America

Gold

SOE Shyolkovsky Factory of Secondary Precious Metals*

Russian Federation

Gold

Solar Applied Materials Technology Corp.*

Taiwan, Province of China

Gold

Sovereign Metals

India

Gold

State Research Institute Center for Physical Sciences and Technology

Lithuania

Gold

Sudan Gold Refinery

Sudan

Gold

Sumitomo Metal Mining Co., Ltd.*

Japan

Gold

SungEel HiMetal Co., Ltd.*

Korea, Republic of

Gold

Super Dragon Technology Co., Ltd.

China

Gold

T.C.A S.p.A*

Italy

Gold

Taicang City Nancang Metal Material Co.,Ltd

China

Gold

Tanaka Kikinzoku Kogyo K.K.*

Japan

Gold

The Refinery of Shandong Gold Mining Co., Ltd.*

China

Gold

Tokuriki Honten Co., Ltd.*

Japan

Gold

Tongling Nonferrous Metals Group Co., Ltd.

China

Gold

Tony Goetz NV

Belgium

Gold

TOO Tau-Ken-Altyn*

Kazakhstan

Gold

Torecom*

Korea, Republic of

Gold

Umicore Brasil Ltda.*

Brazil

Gold

Umicore Precious Metals Thailand*

Thailand

Gold

Umicore S.A. Business Unit Precious Metals Refining*

Belgium

Gold

United Precious Metal Refining, Inc.*

United States of America

Gold

Universal Precious Metals Refining Zambia

Zambia

Gold

Valcambi S.A.*

Switzerland

Gold

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

Australia

Gold

WIELAND Edelmetalle GmbH*

Germany

Gold

Yamakin Co., Ltd.*

Japan

Gold

Yokohama Metal Co., Ltd.*

Japan

Gold

Yunnan Copper Industry Co., Ltd.

China

Gold

Zhe Jiang Guang Yuan Noble Metal Smelting Factory

China

Gold

Zhongyuan Gold Smelter of Zhongjin Gold Corporation*

China

Gold

Zijin Mining Group Co., Ltd. Gold Refinery

China

Gold 

SAFINA A.S.

Czech Republic

Tantalum

Asaka Riken Co., Ltd.*

Japan

Tantalum

Changsha South Tantalum Niobium Co., Ltd.*

China

Tantalum

CP Metals Inc.

United States of America

Tantalum

D Block Metals, LLC*

United States of America

Tantalum

Exotech Inc.*

United States of America

Tantalum

F&X Electro-Materials Ltd.*

China

Tantalum

FIR Metals & Resource Ltd.*

China

Tantalum

Global Advanced Metals Aizu*

Japan

Tantalum

Global Advanced Metals Boyertown*

United States of America

Tantalum

Guangdong Rising Rare Metals-EO Materials Ltd.*

China

Tantalum

Guangdong Zhiyuan New Material Co., Ltd.*

China

Tantalum

H.C. Starck Co., Ltd.*

Thailand

Tantalum

H.C. Starck Hermsdorf GmbH*

Germany

Tantalum

H.C. Starck Inc.*

United States of America

Tantalum

H.C. Starck Ltd.*

Japan

Tantalum

H.C. Starck Tantalum and Niobium GmbH*

Germany

Tantalum

Hengyang King Xing Lifeng New Materials Co., Ltd.*

China

Tantalum

Jiangxi Dinghai Tantalum & Niobium Co., Ltd.*

China

Tantalum

Jiangxi Tuohong New Raw Material*

China

Tantalum

Jiujiang Janny New Material Co., Ltd.*

China

Tantalum

JiuJiang JinXin Nonferrous Metals Co., Ltd.*

China

Tantalum

Jiujiang Tanbre Co., Ltd.*

China

Tantalum

Jiujiang Zhongao Tantalum & Niobium Co., Ltd.*

China

Tantalum

KEMET Blue Metals*

Mexico

Tantalum

KEMET Blue Powder*

United States of America

Tantalum

LSM Brasil S.A.*

Brazil

Tantalum

Metallurgical Products India Pvt., Ltd.*

India

Tantalum

Mitsui Mining and Smelting Co., Ltd.*

Japan

Tantalum

Ningxia Orient Tantalum Industry Co., Ltd.*

China

Tantalum

NPM Silmet AS*

Estonia

Tantalum

PRG Dooel*

North Macedonia, Republic of

Tantalum

QuantumClean*

United States of America

Axon Enterprise, Inc. | 2019 Conflict Minerals Report |A-3

Subject Mineral

Smelter or Refiner Name

Country location of Smelter or Refiner

Tantalum

Solikamsk Magnesium Works OAO*

Russian Federation

Tantalum

Taki Chemical Co., Ltd.*

Japan

Tantalum

Telex Metals*

United States of America

Tantalum

Ulba Metallurgical Plant JSC*

Kazakhstan

Tantalum

XinXing HaoRong Electronic Material Co., Ltd.*

China

Tantalum

Yanling Jincheng Tantalum & Niobium Co., Ltd.*

China

Tin

Alpha*

United States of America

Tin

An Thai Minerals Co., Ltd.

Vietnam

Tin

An Vinh Joint Stock Mineral Processing Company

Vietnam

Tin

BML

Indonesia

Tin

Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.*

China

Tin

Chifeng Dajingzi Tin Industry Co., Ltd.*

China

Tin

China Tin Group Co., Ltd.*

China

Tin

CNMC (Guangxi) PGMA Co., Ltd.

China

Tin

Cooper Santa

Brazil

Tin

Cooperativa Metalurgica de Rondonia Ltda.

Brazil

Tin

CV Ayi Jaya*

Indonesia

Tin

CV Dua Sekawan*

Indonesia

Tin

CV Duta Putra Bangka

Indonesia

Tin

CV Gita Pesona*

Indonesia

Tin

CV JusTindo

Indonesia

Tin

CV Makmur Jaya

Indonesia

Tin

CV Prima Timah Utama

Indonesia

Tin

CV United Smelting*

Indonesia

Tin

CV Venus Inti Perkasa*

Indonesia

Tin

Dongguan CiEXPO Environmental Engineering Co., Ltd.

China

Tin

Dowa*

Japan

Tin

Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company

Vietnam

Tin

Elmet S.L.U.

Spain

Tin

EM Vinto*

Bolivia (Plurinational State of)

Tin

Estanho de Rondonia S.A.

Brazil

Tin

Feinhutte Halsbrucke GmbH

Germany

Tin

Fenix Metals*

Poland

Tin

Gejiu City Fuxiang Industry and Trade Co., Ltd.

China

Tin

Gejiu Fengming Metallurgy Chemical Plant*

China

Tin

Gejiu Jinye Mineral Company

China

Tin

Gejiu Kai Meng Industry and Trade LLC*

China

Tin

Gejiu Non-Ferrous Metal Processing Co., Ltd.*

China

Tin

Gejiu Yunxi Group Corp.

China

Tin

Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.*

China

Tin

Gejiu Zili Mining And Metallurgy Co., Ltd.*

China

Tin

Gold Bell Group

China

Tin

GUANG XI HUA XI CORP

China

Tin

Guangdong Hanhe Non-Ferrous Metal Co., Ltd.*

China

Tin

Guangxi Huaxi Group

China

Tin

Guanyang Guida Nonferrous Metal Smelting Plant*

China

Tin

Hongqiao Metals (Kunshan) Co., Ltd.

China

Tin

HuiChang Hill Tin Industry Co., Ltd.*

China

Tin

Huichang Jinshunda Tin Co., Ltd.*

China

Tin

Hunan Xianghualing tin

China

Tin

Jiangxi Ketai Advanced Material Co., Ltd.

China

Tin

Jiangxi New Nanshan Technology Ltd.*

China

Tin

Jin Zhi Dao Tin Co. Ltd.

China

Tin

JU TAI INDUSTRIAL CO.,LTD.

China

Tin

Linwu Xianggui Ore Smelting Co., Ltd.

China

Tin

Ma'anshan Weitai Tin Co., Ltd.*

China

Tin

Magnu's Minerais Metais e Ligas Ltda.*

Brazil

Tin

Malaysia Smelting Corporation (MSC)*

Malaysia

Tin

Melt Metais e Ligas S.A.*

Brazil

Tin

Metallic Resources, Inc.*

United States of America

Tin

Metallo Belgium N.V.*

Belgium

Tin

Metallo Spain S.L.U.*

Spain

Tin

Mineracao Taboca S.A.*

Brazil

Tin

Ming Li Jia smelt Metal Factory

China

Tin

Minsur*

Peru

Tin

Mitsubishi Materials Corporation*

Japan

Tin

Modeltech Sdn Bhd

Malaysia

Tin

Nghe Tinh Non-Ferrous Metals Joint Stock Company

Vietnam

Tin

O.M. Manufacturing (Thailand) Co., Ltd.*

Thailand

Tin

O.M. Manufacturing Philippines, Inc.*

Philippines

Tin

Operaciones Metalurgicas S.A.*

Bolivia (Plurinational State of)

Tin

Pongpipat Company Limited

Myanmar

Tin

Precious Minerals and Smelting Limited

India

Axon Enterprise, Inc. | 2019 Conflict Minerals Report |A-4

Subject Mineral

Smelter or Refiner Name

Country location of Smelter or Refiner

Tin

PT Alam Lestari Kencana

Indonesia

Tin

PT Aries Kencana Sejahtera*

Indonesia

Tin

PT Artha Cipta Langgeng*

Indonesia

Tin

PT ATD Makmur Mandiri Jaya*

Indonesia

Tin

PT Babel Inti Perkasa*

Indonesia

Tin

PT Babel Surya Alam Lestari*

Indonesia

Tin

PT Bangka Prima Tin*

Indonesia

Tin

PT Bangka Putra Karya

Indonesia

Tin

PT Bangka Serumpun*

Indonesia

Tin

PT Bangka Tin Industry*

Indonesia

Tin

PT Belitung Industri Sejahtera*

Indonesia

Tin

PT BilliTin Makmur Lestari

Indonesia

Tin

PT Bukit Timah*

Indonesia

Tin

PT Cipta Persada Mulia

Indonesia

Tin

PT DS Jaya Abadi*

Indonesia

Tin

PT Eunindo Usaha Mandiri

Indonesia

Tin

PT Fang Di MulTindo

Indonesia

Tin

PT HP Metals Indonesia

Indonesia

Tin

PT Inti Stania Prima*

Indonesia

Tin

PT Justindo

Indonesia

Tin

PT Karimun Mining*

Indonesia

Tin

PT Kijang Jaya Mandiri*

Indonesia

Tin

PT Koba Tin

Indonesia

Tin

PT Lautan Harmonis Sejahtera*

Indonesia

Tin

PT Menara Cipta Mulia*

Indonesia

Tin

PT Mitra Stania Prima*

Indonesia

Tin

PT O.M. Indonesia

Indonesia

Tin

PT Panca Mega Persada*

Indonesia

Tin

PT Pelat Timah Nusantara Tbk

Indonesia

Tin

PT Premium Tin Indonesia*

Indonesia

Tin

PT Prima Timah Utama*

Indonesia

Tin

PT Rajawali Rimba Perkasa*

Indonesia

Tin

PT Rajehan Ariq*

Indonesia

Tin

PT Refined Bangka Tin*

Indonesia

Tin

PT Sariwiguna Binasentosa*

Indonesia

Tin

PT Seirama Tin Investment

Indonesia

Tin

PT Stanindo Inti Perkasa*

Indonesia

Tin

PT Sukses Inti Makmur*

Indonesia

Tin

PT Sumber Jaya Indah*

Indonesia

Tin

PT Timah Tbk Kundur*

Indonesia

Tin

PT Timah Tbk Mentok*

Indonesia

Tin

PT Tinindo Inter Nusa*

Indonesia

Tin

PT Tirus Putra Mandiri*

Indonesia

Tin

PT Tommy Utama*

Indonesia

Tin

PT Wahana Perkit Jaya

Indonesia

Tin

Resind Industria e Comercio Ltda.*

Brazil

Tin

Rui Da Hung*

Taiwan, Province of China

Tin

Soft Metais Ltda.*

Brazil

Tin

Sun Surface Technology Co Ltd

China

Tin

Super Ligas

Brazil

Tin

Thai Nguyen Mining and Metallurgy Co., Ltd.*

Vietnam

Tin

Thaisarco*

Thailand

Tin

Tianshui ling bo technology co., Ltd

China

Tin

TIN PLATING GEJIU

China

Tin

Tin Technology & Refining*

United States of America

Tin

Tuyen Quang Non-Ferrous Metals Joint Stock Company

Vietnam

Tin

VQB Mineral and Trading Group JSC

Vietnam

Tin

White Solder Metalurgia e Mineracao Ltda.*

Brazil

Tin

Wu Xi Shi Yi Zheng Ji Xie She Bei Company

China

Tin

Wuxi Lantronic Electronic Co Ltd

China

Tin

Xianghualing Tin Minerals

China

Tin

Yifeng Tin

China

Tin

Yunnan Chengfeng Non-ferrous Metals Co., Ltd.*

China

Tin

Yunnan Chengo Electric Smelting Plant

China

Tin

Yunnan Tin Company Limited*

China

Tin

Yunnan Yunfan Non-ferrous Metals Co., Ltd.*

China

Tin

Zhuhai Quanjia

China

Tungsten

A.L.M.T. Corp.*

Japan

Tungsten

ACL Metais Eireli*

Brazil

Tungsten

Asia Tungsten Products Vietnam Ltd.*

Vietnam

Tungsten

Chenzhou Diamond Tungsten Products Co., Ltd.*

China

Tungsten

Chongyi Zhangyuan Tungsten Co., Ltd.*

China

Tungsten

Fujian Ganmin RareMetal Co., Ltd.*

China

Axon Enterprise, Inc. | 2019 Conflict Minerals Report |A-5

Subject Mineral

Smelter or Refiner Name

Country location of Smelter or Refiner

Tungsten

Fujian Jinxin Tungsten Co., Ltd.*

China

Tungsten

Ganzhou Haichuang Tungsten Co., Ltd.*

China

Tungsten

Ganzhou Huaxing Tungsten Products Co., Ltd.*

China

Tungsten

Ganzhou Jiangwu Ferrotungsten Co., Ltd.*

China

Tungsten

Ganzhou Seadragon W & Mo Co., Ltd.*

China

Tungsten

Global Tungsten & Powders Corp.*

United States of America

Tungsten

Guangdong Xianglu Tungsten Co., Ltd.*

China

Tungsten

H.C. Starck Smelting GmbH & Co. KG*

Germany

Tungsten

H.C. Starck Tungsten GmbH*

Germany

Tungsten

Hunan Chenzhou Mining Co., Ltd.*

China

Tungsten

Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji*

China

Tungsten

Hunan Chunchang Nonferrous Metals Co., Ltd.*

China

Tungsten

Hunan Litian Tungsten Industry Co., Ltd.*

China

Tungsten

Hydrometallurg, JSC*

Russian Federation

Tungsten

Japan New Metals Co., Ltd.*

Japan

Tungsten

Jiangwu H.C. Starck Tungsten Products Co., Ltd.*

China

Tungsten

Jiangxi Gan Bei Tungsten Co., Ltd.*

China

Tungsten

Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.

China

Tungsten

Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.*

China

Tungsten

Jiangxi Xianglu Tungsten Co., Ltd.

China

Tungsten

Jiangxi Xinsheng Tungsten Industry Co., Ltd.*

China

Tungsten

Jiangxi Yaosheng Tungsten Co., Ltd.*

China

Tungsten

JSC "Kirovgrad Hard Alloys Plant"

Russian Federation

Tungsten

Kennametal Fallon*

United States of America

Tungsten

Kennametal Huntsville*

United States of America

Tungsten

KGETS Co., Ltd.*

Korea, Republic of

Tungsten

Lianyou Metals Co., Ltd.*

Taiwan, Province of China

Tungsten

Malipo Haiyu Tungsten Co., Ltd.*

China

Tungsten

Masan Tungsten Chemical LLC (MTC)*

Vietnam

Tungsten

Moliren Ltd.*

Russian Federation

Tungsten

Niagara Refining LLC*

United States of America

Tungsten

Nippon Yakin Kogyo Co., Ltd.

Japan

Tungsten

Philippine Chuangxin Industrial Co., Inc.*

Philippines

Tungsten

South-East Nonferrous Metal Company Limited of Hengyang City

China

Tungsten

Tejing (Vietnam) Tungsten Co., Ltd.*

Vietnam

Tungsten

Unecha Refractory metals plant*

Russian Federation

Tungsten

Vietnam Youngsun Tungsten Industry Co., Ltd.

Vietnam

Tungsten

Wolfram Bergbau und Hutten AG*

Austria

Tungsten

Woltech Korea Co., Ltd.*

Korea, Republic of

Tungsten

Xiamen Tungsten (H.C.) Co., Ltd.*

China

Tungsten

Xiamen Tungsten Co., Ltd.*

China

Tungsten

Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.*

China

Tungsten

Xinhai Rendan Shaoguan Tungsten Co., Ltd.*

China

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Axon Enterprise, Inc. | 2019 Conflict Minerals Report |A-6