EX-1.01 2 d211348dex101.htm EX-1.01 EX-1.01

Exhibit 1.01

Conflict Minerals Report of Ambarella, Inc.

in Accordance with Rule 13p-1 under the Securities Exchange Act of 1934

This is the Conflict Minerals Report for Ambarella, Inc. (“Ambarella”, “we”, “us”, “our”, or the “Company”), filed with the Securities Exchange Commission (SEC) in accordance with Rule 13p-1 (the “Rule”) under the Securities Exchange Act of 1934 (the “1934 Act”) for calendar year 2024. The Rule was adopted by the SEC 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 (Dodd-Frank Act). The Rule imposes certain reporting obligations on SEC registrants whose manufactured products contain conflict minerals that are necessary to the functionality or production of their products. “Conflict minerals” are defined as cassiterite, columbite-tantalite, gold, wolframite, and their derivatives, which are limited to tin, tantalum, tungsten, and gold (3TG) for the purposes of this assessment.

The statements below are based on the activities performed to date in good faith by the Company and information available at the time of this filing.

1. Company Overview; Covered Products

Ambarella was incorporated in the Cayman Islands in 2004. We design and develop low-power system-on-a-chip, or SoC, semiconductors providing powerful artificial intelligence, or AI, processing, advanced image signal processing and high-resolution video compression. Ambarella’s SoC products are used in a wide variety of edge AI and human vision applications, including video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver/cabin monitoring, autonomous driving and robotics applications. We sell our SoC solutions to original equipment manufacturers (OEMs) as well as to design manufacturers (ODMs) and other suppliers that support OEMs. During the 2024 calendar year, we sub-contracted to manufacture our SoC products containing 3TG minerals and the use of these minerals is necessary to the functionality or production of our SoC products.

2. Supply Chain Overview

We operate our business based on a fabless semiconductor model. Accordingly, we rely on third parties, primarily located in Asia, for substantially all of our manufacturing operations, including wafer fabrication, assembly and testing of our SoC products. There are multiple tiers between our company and the mines that produce conflict minerals used in our products. Accordingly, we rely on our direct suppliers to provide information on the origin of the conflict minerals that are included in our products. All of our suppliers of conflict minerals have adopted a conflict minerals policy and due diligence framework based on 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.

3. Due Diligence Program

Our due diligence processes and efforts have been developed in conjunction with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas and the related supplements for 3TG minerals. We designed our due diligence process to conform in all material respects with these guidelines. Our due diligence measures include:

 

   

Identification of the components in Ambarella products that contain conflict minerals, and the suppliers through which those components are sourced.

 

   

Conducting a supply-chain survey with direct suppliers of materials containing conflict minerals using the using the standard Conflict Minerals Reporting Template (CMRT) from the Responsible Minerals Initiative (RMI).


   

Communicating with any direct suppliers that did not timely respond to surveys or provide complete responses.

 

   

Comparing the smelters and refiners identified in the supply-chain survey against the list of smelter facilities which have been identified as compliant with RMI’s Responsible Minerals Assurance Protocol.

Our conflict minerals project team responsible for conducting the due diligence is comprised of employees in our operations department, which is responsible for selecting and retaining relationships with our third-party vendors. Our due diligence process is overseen by executives from our operations and legal functions.

We have retained all relevant documentation from our reasonable due diligence measures to ensure the retention of relevant documentation.

4. Reasonable Country of Origin Inquiry (RCOI) and RCOI Results

We conducted a survey of our active suppliers using a template from the Responsible Minerals Initiative (RMI), known as the Conflict Minerals Reporting Template. The template was developed to facilitate disclosure and communication of information regarding smelters that provide material to a company’s supply chain. It includes questions regarding a company’s conflict-free sourcing policy, engagement with its direct suppliers, and a listing of the smelters the company and its suppliers use. In addition, the template contains questions about the origin of conflict minerals included in their products, as well as due diligence undertaken by the supplier. We believe this template is widely used by companies in our industry for the purpose of conducting due diligence related to conflict minerals.

During the process of our review, we identified our direct suppliers who fell within the scope of our RCOI. We sent the Conflict Minerals Reporting Template to these direct suppliers and received responses from each of them. Each of our direct suppliers indicated that they had received data or information about the origin of 3TG minerals from all of their suppliers. Each of our direct suppliers also indicated that they reported all of the applicable smelter and refinery information in their response to our inquiry.

Based on our due diligence activities, our suppliers identified a total of 138 smelters and refiners from which 3TG minerals may have been sourced. All of our suppliers indicated that some of the smelters they use do source some 3TG minerals from covered countries. Of the smelters and refiners identified by our suppliers as sourcing 3TG minerals from covered countries in the calendar year ended December 31, 2024, all have been certified as compliant with the Responsible Minerals Assurance Protocol (RMAP). The responses received from our suppliers provided data at the supplier company level relative to the supplier, rather than at a level directly relating to a Covered Product that the supplier supplies to us, or were otherwise unable to specify the smelters or refiners used for Covered Products supplied to us. We were therefore unable to validate which of these smelters or refiners are actually in our supply chain.

5. Audit of Supply Chain Due Diligence

As noted above, as a fabless semiconductor company we do not have a direct relationship with 3TG smelters and refiners, and we did not perform direct audits of the entities in our supply chain. As a downstream purchaser of materials and components that contain conflict minerals, our due diligence measures cannot provide absolute assurance regarding the source and chain of custody of the conflict minerals in our Covered Products. However, we do rely upon industry third-party audit programs such as RMI’s Responsible Minerals Assurance Protocol (RMAP). All of our suppliers indicated that they require their direct suppliers to source 3TG minerals from smelters and refiners whose due diligence practices have been validated by an independent third-party independent audit program.


6. Facilities Used to Process Conflict Materials

As noted above, the responses received from our suppliers provided data at the supplier company level relative to the supplier, rather than at a level directly relating to a Covered Product that the supplier supplies to us, or were otherwise unable to specify the smelters or refiners used for Covered Products supplied to us. We were therefore unable to determine whether any of the 3TG minerals that these suppliers reported was contained in a Covered Product supplied to us or to validate which of these smelters or refiners are actually in our supply chain. However, based on the information we obtained from our suppliers, we believe that, to the best of our knowledge, the smelters and refiners listed in the table below may have been used to process the 3TG contained in our products manufactured in the calendar year ended December 31, 2024.

 

METAL

  

NAME OF SMELTER OR REFINERY

  

LOCATION

  

CID#

Tungsten    A.L.M.T. Corp.    JAPAN    CID000004
Tungsten    Kennametal Huntsville    UNITED STATES OF AMERICA    CID000105
Tungsten    Guangdong Xianglu Tungsten Co., Ltd.    CHINA    CID000218
Tungsten    Chongyi Zhangyuan Tungsten Co., Ltd.    CHINA    CID000258
Tungsten    Global Tungsten & Powders Corp.    UNITED STATES OF AMERICA    CID000568
Tungsten    Japan New Metals Co., Ltd.    JAPAN    CID000825
Tungsten    Ganzhou Huaxing Tungsten Products Co., Ltd.    CHINA    CID000875
Tungsten    Kennametal Fallon    UNITED STATES OF AMERICA    CID000966
Tungsten    Wolfram Bergbau und Hutten AG    AUSTRIA    CID002044
Tungsten    Xiamen Tungsten Co., Ltd.    CHINA    CID002082
Tungsten    Ganzhou Jiangwu Ferrotungsten Co., Ltd.    CHINA    CID002315
Tungsten    Jiangxi Yaosheng Tungsten Co., Ltd.    CHINA    CID002316
Tungsten    Jiangxi Xinsheng Tungsten Industry Co., Ltd.    CHINA    CID002317
Tungsten    Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.    CHINA    CID002318
Tungsten    Malipo Haiyu Tungsten Co., Ltd.    CHINA    CID002319
Tungsten    Xiamen Tungsten (H.C.) Co., Ltd.    CHINA    CID002320
Tungsten    Jiangxi Gan Bei Tungsten Co., Ltd.    CHINA    CID002321
Tungsten    Ganzhou Seadragon W & Mo Co., Ltd.    CHINA    CID002494
Tungsten    Asia Tungsten Products Vietnam Ltd.    VIET NAM    CID002502
Tungsten    Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch    CHINA    CID002513
Tungsten    H.C. Starck Tungsten GmbH    GERMANY    CID002541
Tungsten    TANIOBIS Smelting GmbH & Co. KG    GERMANY    CID002542
Tungsten    Masan High-Tech Materials    VIET NAM    CID002543
Tungsten    Jiangwu H.C. Starck Tungsten Products Co., Ltd.    CHINA    CID002551
Tungsten    Niagara Refining LLC    UNITED STATES OF AMERICA    CID002589
Tungsten    China Molybdenum Tungsten Co., Ltd.    CHINA    CID002641
Tungsten    Ganzhou Haichuang Tungsten Co., Ltd.    CHINA    CID002645
Tungsten    Philippine Chuangxin Industrial Co., Inc.    PHILIPPINES    CID002827
Tungsten    Lianyou Metals Co., Ltd.    TAIWAN, PROVINCE OF CHINA    CID003407
Tungsten    Hubei Green Tungsten Co., Ltd.    CHINA    CID003417
Tungsten    Cronimet Brasil Ltda    BRAZIL    CID003468
Tungsten    Fujian Xinlu Tungsten Co., Ltd.    CHINA    CID003609
Tungsten    Tungsten Vietnam Joint Stock Company    VIET NAM    CID003993
Tungsten    Lianyou Resources Co., Ltd.    TAIWAN, PROVINCE OF CHINA    CID004397


Tungsten    Shinwon Tungsten (Fujian Shanghang) Co., Ltd.    CHINA    CID004430
Tin    Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.    CHINA    CID000228
Tin    Alpha    UNITED STATES OF AMERICA    CID000292
Tin    PT Premium Tin Indonesia    INDONESIA    CID000313
Tin    Dowa    JAPAN    CID000402
Tin    EM Vinto    BOLIVIA (PLURINATIONAL STATE OF)    CID000438
Tin    Estanho de Rondonia S.A.    BRAZIL    CID000448
Tin    Fenix Metals    POLAND    CID000468
Tin    Gejiu Non-Ferrous Metal Processing Co., Ltd.    CHINA    CID000538
Tin    China Tin Group Co., Ltd.    CHINA    CID001070
Tin    Malaysia Smelting Corporation (MSC)    MALAYSIA    CID001105
Tin    Metallic Resources, Inc.    UNITED STATES OF AMERICA    CID001142
Tin    Mineracao Taboca S.A.    BRAZIL    CID001173
Tin    Minsur    PERU    CID001182
Tin    Mitsubishi Materials Corporation    JAPAN    CID001191
Tin    Jiangxi New Nanshan Technology Ltd.    CHINA    CID001231
Tin    O.M. Manufacturing (Thailand) Co., Ltd.    THAILAND    CID001314
Tin    Operaciones Metalurgicas S.A.    BOLIVIA (PLURINATIONAL STATE OF)    CID001337
Tin    PT Mitra Stania Prima    INDONESIA    CID001453
Tin    PT Prima Timah Utama    INDONESIA    CID001458
Tin    PT Timah Tbk Kundur    INDONESIA    CID001477
Tin    PT Timah Tbk Mentok    INDONESIA    CID001482
Tin    Rui Da Hung    TAIWAN, PROVINCE OF CHINA    CID001539
Tin    Thaisarco    THAILAND    CID001898
Tin    White Solder Metalurgia e Mineracao Ltda.    BRAZIL    CID002036
Tin    Yunnan Chengfeng Non-ferrous Metals Co., Ltd.    CHINA    CID002158
Tin    Tin Smelting Branch of Yunnan Tin Co., Ltd.    CHINA    CID002180
Tin    Magnu’s Minerais Metais e Ligas Ltda.    BRAZIL    CID002468
Tin    PT ATD Makmur Mandiri Jaya    INDONESIA    CID002503
Tin    O.M. Manufacturing Philippines, Inc.    PHILIPPINES    CID002517
Tin    CV Ayi Jaya    INDONESIA    CID002570
Tin    Super Ligas    BRAZIL    CID002576
Tin    PT Rajehan Ariq    INDONESIA    CID002593
Tin    PT Cipta Persada Mulia    INDONESIA    CID002696
Tin    Resind Industria e Comercio Ltda.    BRAZIL    CID002706
Tin    Aurubis Beerse    BELGIUM    CID002773
Tin    Aurubis Berango    SPAIN    CID002774
Tin    PT Bangka Prima Tin    INDONESIA    CID002776
Tin    HuiChang Hill Tin Industry Co., Ltd.    CHINA    CID002844
Tin    Guangdong Hanhe Non-Ferrous Metal Co., Ltd.    CHINA    CID003116
Tin    Chifeng Dajingzi Tin Industry Co., Ltd.    CHINA    CID003190


Tin    Tin Technology & Refining    UNITED STATES OF AMERICA    CID003325
Tin    Luna Smelter, Ltd.    RWANDA    CID003387
Tin    Yunnan Yunfan Non-ferrous Metals Co., Ltd.    CHINA    CID003397
Tin    PT Mitra Sukses Globalindo    INDONESIA    CID003449
Tin    CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda    BRAZIL    CID003486
Tin    CRM Synergies    SPAIN    CID003524
Tin    DS Myanmar    MYANMAR    CID003831
Tin    PT Putera Sarana Shakti (PT PSS)    INDONESIA    CID003868
Tin    Mining Minerals Resources SARL    CONGO, DEMOCRATIC REPUBLIC OF THE    CID004065
Tin    Takehara PVD Materials Plant / PVD Materials Division of MITSUI MINING & SMELTING CO    JAPAN    CID004403
Tin    Malaysia Smelting Corporation Berhad (Port Klang)    MALAYSIA    CID004434
Tin    Woodcross Smelting Company Limited    UGANDA    CID004724
Tantalum    Guangdong Rising Rare Metals-EO Materials Ltd.    CHINA    CID000291
Tantalum    F&X Electro-Materials Ltd.    CHINA    CID000460
Tantalum    XIMEI RESOURCES (GUANGDONG) LIMITED    CHINA    CID000616
Tantalum    JiuJiang JinXin Nonferrous Metals Co., Ltd.    CHINA    CID000914
Tantalum    Jiujiang Tanbre Co., Ltd.    CHINA    CID000917
Tantalum    AMG Brasil    BRAZIL    CID001076
Tantalum    Metallurgical Products India Pvt., Ltd.    INDIA    CID001163
Tantalum    Mineracao Taboca S.A.    BRAZIL    CID001175
Tantalum    Mitsui Mining and Smelting Co., Ltd.    JAPAN    CID001192
Tantalum    NPM Silmet AS    ESTONIA    CID001200
Tantalum    Ningxia Orient Tantalum Industry Co., Ltd.    CHINA    CID001277
Tantalum    Yanling Jincheng Tantalum & Niobium Co., Ltd.    CHINA    CID001522
Tantalum    Taki Chemical Co., Ltd.    JAPAN    CID001869
Tantalum    Telex Metals    UNITED STATES OF AMERICA    CID001891
Tantalum    Ulba Metallurgical Plant JSC    KAZAKHSTAN    CID001969
Tantalum    Hengyang King Xing Lifeng New Materials Co., Ltd.    CHINA    CID002492
Tantalum    D Block Metals, LLC    UNITED STATES OF AMERICA    CID002504
Tantalum    FIR Metals & Resource Ltd.    CHINA    CID002505
Tantalum    Jiujiang Zhongao Tantalum & Niobium Co., Ltd.    CHINA    CID002506
Tantalum    Jiangxi Dinghai Tantalum & Niobium Co., Ltd.    CHINA    CID002512
Tantalum    KEMET de Mexico    MEXICO    CID002539
Tantalum    TANIOBIS Co., Ltd.    THAILAND    CID002544
Tantalum    TANIOBIS GmbH    GERMANY    CID002545
Tantalum    Materion Newton Inc.    UNITED STATES OF AMERICA    CID002548
Tantalum    TANIOBIS Japan Co., Ltd.    JAPAN    CID002549
Tantalum    TANIOBIS Smelting GmbH & Co. KG    GERMANY    CID002550
Tantalum    Global Advanced Metals Boyertown    UNITED STATES OF AMERICA    CID002557
Tantalum    Global Advanced Metals Aizu    JAPAN    CID002558


Tantalum    Resind Industria e Comercio Ltda.    BRAZIL    CID002707
Tantalum    Jiangxi Tuohong New Raw Material    CHINA    CID002842
Tantalum    RFH Yancheng Jinye New Material Technology Co., Ltd.    CHINA    CID003583
Tantalum    PowerX Ltd.    RWANDA    CID004054
Gold    Aida Chemical Industries Co., Ltd.    JAPAN    CID000019
Gold    Asahi Pretec Corp.    JAPAN    CID000082
Gold    Heraeus Metals Hong Kong Ltd.    CHINA    CID000707
Gold    Ishifuku Metal Industry Co., Ltd.    JAPAN    CID000807
Gold    Asahi Refining Canada Ltd.    CANADA    CID000924
Gold    JX Nippon Mining & Metals Co., Ltd.    JAPAN    CID000937
Gold    Kojima Chemicals Co., Ltd.    JAPAN    CID000981
Gold    Matsuda Sangyo Co., Ltd.    JAPAN    CID001119
Gold    Metalor Technologies (Suzhou) Ltd.    CHINA    CID001147
Gold    Metalor Technologies SA    SWITZERLAND    CID001153
Gold    Mitsubishi Materials Corporation    JAPAN    CID001188
Gold    Mitsui Mining and Smelting Co., Ltd.    JAPAN    CID001193
Gold    Nihon Material Co., Ltd.    JAPAN    CID001259
Gold    MKS PAMP SA    SWITZERLAND    CID001352
Gold    Solar Applied Materials Technology Corp.    TAIWAN, PROVINCE OF CHINA    CID001761
Gold    Sumitomo Metal Mining Co., Ltd.    JAPAN    CID001798
Gold    Tanaka Kikinzoku Kogyo K.K.    JAPAN    CID001875
Gold    Tokuriki Honten Co., Ltd.    JAPAN    CID001938
Gold    Western Australian Mint (T/a The Perth Mint)    AUSTRALIA    CID002030