UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
SPECIALIZED DISCLOSURE REPORT
Williams-Sonoma, Inc.
(Exact name of the registrant as specified in its charter)
| Delaware | 001-14077 | 94-2203880 | ||
| (State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 3250 Van Ness Avenue, San Francisco, California | 94109 | |
| (Address of principle executive offices) | (Zip code) |
David R. King (415) 421-7900
(Name and telephone number, including area code, of the person to contact in connection with this report.)
Check the appropriate box to indicate the rule pursuant to which this form is being filed and provide the period to which the information in this form applies:
| ☒ | Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2018. |
Under the final rule, a company that uses any of the designated minerals is required to conduct a reasonable ‘country of origin’ inquiry that must be performed in good faith and be reasonably designed to determine whether any of its minerals originated in the covered countries or are from scrap or recycled sources.
Section 1 — Conflict Minerals Disclosure
Item 1.01 Conflict Minerals Disclosure and Report
Williams-Sonoma, Inc. and its concepts are retailers of high-quality consumer products for the kitchen and home, including kitchen essentials, dinnerware, cookware, electrics, cutlery, furniture, bedding, bathroom accessories, lighting, decorative accessories, rugs, curtains, gifts, hardware, small leather goods, jewelry, and home décor.
Conflict Minerals Disclosure
A copy of the Conflict Minerals Report filed for the calendar year ended December 31, 2018 is publicly available electronically at http://ir.williams-sonomainc.com/sec-filings.
Item 1.02 Exhibit
The Conflict Minerals Report for the calendar year ended December 31, 2018 is filed as Exhibit 1.01 hereto.
Section 2 — Exhibits
Item 2.01 Exhibits
| Exhibit 1.01 | Conflict Minerals Report as required by Items 1.01 and 1.02 of Form SD. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Williams-Sonoma, Inc. |
| /s/ Julie Whalen |
| Julie Whalen |
| Chief Financial Officer |
Date: May 31, 2019
Exhibit 1.01
Conflict Minerals Report of Williams-Sonoma, Inc. in Accordance with Rule 13p-1 under
the Securities and Exchange Act of 1934
Section 1. Introduction
This is the Conflict Minerals Report of Williams-Sonoma, Inc. (the “Company”) for calendar year 2018 in accordance with Rule 13p-1 (“Rule 13p-1” or the “Conflict Minerals Rule”) under the Securities and Exchange Act of 1934 (the “1934 Act”). The date of filing of this report is May 31, 2019.
This Report contains information regarding all of the Company’s merchandising strategies (Williams Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams Sonoma Home, Rejuvenation, and Mark and Graham). Please refer to Rule 13p-1, Form SD and the 1934 Act Release No. 34-67716 for definitions to the terms used in this Report, unless otherwise defined herein.
This report is available at http://ir.williams-sonomainc.com/sec-filings.
Section 2. Overview
As a retailer of consumer products, the Company is several levels removed from the mining of conflict minerals, does not make direct purchases of raw or unrefined minerals and makes no purchases in a Covered Country (as defined below).
The Company and its merchandising strategies are retailers of high-quality consumer products for the kitchen and home, including kitchen essentials, dinnerware, cookware, electrics, cutlery, furniture, bedding, bathroom accessories, lighting, decorative accessories, rugs, curtains, gifts, hardware, small leather goods, jewelry, and home décor. The Company’s merchandising strategies contract to manufacture some, although not all, of the products they sell. In 2018, the Company purchased merchandise from over 400 suppliers.
Tin, tungsten, tantalum or gold (“3TGs”) are necessary to the functionality of certain lighting and decorative accessories products that the Company contracts to be manufactured (“In-Scope Products”).
Section 3. Conflict Minerals Policy
The Company is committed to corporate responsibility and sustainable practices as is evidenced by our various policies. The Company has established a policy indicating our ongoing efforts in responsible sourcing of Conflict Minerals by our suppliers. The policy is reviewed each year and sent to suppliers for a yearly acknowledgment.
Section 4. Reasonable Country of Origin Inquiry Information
As required by the Conflict Minerals Rule, the Company conducted a “reasonable country of origin inquiry” (“RCOI”). We designed our RCOI in good faith in an attempt to determine the origin of 3TGs that are necessary to the functionality or production of products that we contract to manufacture. Members of the Company’s Legal Department and Sustainable Development Department identified suppliers of the In-Scope Products that the Company contracted to have manufactured. These suppliers were generally suppliers of lighting products and decorative accessories. All identified suppliers of the In-Scope products, approximately 100 suppliers, were contacted as part of our outreach efforts.
Based on our 2018 RCOI, these suppliers identified over 300 smelters and refiners that may be in our supply chain, which the Company believes represent the majority of the relevant smelters and refiners. Based on our RCOI, for the smelters that were identified, the Company concluded that all but two of these smelters and refiners sourced entirely from outside Democratic Republic of Congo or an adjoining country (“Covered Country”). One supplier identified two smelters located in two Covered Countries (Uganda, Zambia), but the supplier was not able to determine whether the 3TGs that came from this smelter were in products supplied to us.
Section 5. Due Diligence Procedures Performed
The due diligence exercise performed by the Company conformed to an internationally recognized due diligence framework developed by the Organization for Economic Cooperation and Development as part of its “Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas” (collectively, the “OECD Guidance”).
In accordance with the OECD Guidance, the Company’s due diligence exercise included: 1) review of the previously-adopted Conflict Minerals Policy, which was then sent to relevant suppliers of the Company’s products; 2) review and assessment of risk in our Company’s supply chain; and 3) review of the strategy to identify and respond to risks in the supply chain. There were no significant changes to the due diligence process since December 31, 2017, the end of the period covered in the Company’s most recent prior Conflict Minerals Report.
Use of RBA Conflict Minerals Reporting Template
In performing our due diligence for 2018, the Company continued to use the Responsible Business Alliance, formerly the Electronic Industry Citizenship Coalition, and Global e-Sustainability Initiative’s (“RBA-GsSI”) Conflict Minerals Reporting Template (“CMRT”). The Company contacted each supplier and requested that it complete the RBA-GsSI CMRT.
Use of a Third-Party Platform for Responses, Support and Review
A third-party vendor was used to streamline this process by allowing suppliers to enter responses via the online RBA-GsSI CMRT. This vendor provided support for suppliers in completing the survey and also aggregated the data provided by suppliers so that the Company could review and analyze the data. The vendor also sent reminder emails to each non-responsive supplier requesting completion of the report.
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Upon completion of the reports, the vendor then reviewed the responses for plausibility, consistency and gaps as identified in its procedures. It followed up by email or phone with suppliers that submitted a response that triggers specified quality control flags, for example, incomplete responses, failure to acknowledge the conflict minerals policy or listing a smelter in a Covered Country.
Responses from Suppliers
The Company requested that each supplier identify whether 3TGs are used in items produced for the Company, whether the minerals were recycled or scrap, and if not recycled or scrap, all the smelters in the supplier’s supply chain, including the name and country of the smelter, and whether those smelters had been validated as conflict-free in accordance with the CFSI program. The Company performed a good-faith review of the responses received from suppliers and performed an assessment of the data and requested additional information from suppliers as appropriate. All suppliers were asked to review the Conflict Minerals Policy and to sign a form acknowledging the policy.
The Company continued due diligence measures undertaken in 2017 for this 2018 reporting period, including:
| • | Internal Management Team. The Company continued to have a cross-functional Conflict Minerals compliance team to oversee the diligence process, which consisted of key personnel in the following departments: Global Operations, Sustainable Development, Legal and Accounting. |
| • | External Resources. The Company also used specialist outside counsel and a third-party software platform to assist with RCOI and due diligence. |
| • | Data Collection and Retention. The Company used a software platform for its collection of information from suppliers regarding their use of 3TGs. The Company plans to maintain these records on the software platform. |
| • | Reports to Senior Management. Members of the cross-functional Conflict Minerals compliance team periodically reported to the Company’s General Counsel and Chief Financial Officer on various aspects of the Company’s conflict minerals compliance program, including mitigation efforts, progress and effectiveness of the Conflict Minerals Policy. |
| • | Risk Management Plan. The Company continued to undertake risk mitigation efforts as deemed to be appropriate based on the findings of our supply chain risk assessment. We determined our risk mitigation efforts on a case-by-case basis, considering the particular facts and circumstances and risks identified. |
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Section 6. Product Information
Tin, tungsten, tantalum or gold are necessary to the functionality of certain lighting and decorative accessories products that the Company contracts to be manufactured. The In-Scope Products are lighting and decorative accessories, including some seasonal merchandise, bath hardware, jewelry and tabletop items.
Section 7. Identified Suppliers of Products — Country of Origin Inquiry
Due diligence revealed that necessary 3TGs used in In-Scope Products were derived from the smelters identified below.
| Smelter Name |
Smelter Country | |
| L’Orfebre S.A. | ANDORRA | |
| Western Australian Mint (T/a The Perth Mint) | AUSTRALIA | |
| Morris and Watson Gold Coast | AUSTRALIA | |
| Wolfram Bergbau und Hutten AG | AUSTRIA | |
| Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH | AUSTRIA | |
| Umicore S.A. Business Unit Precious Metals Refining | BELGIUM | |
| Metallo Belgium N.V. | BELGIUM | |
| Tony Goetz NV | BELGIUM | |
| EM Vinto | BOLIVIA | |
| Operaciones Metalurgical S.A. | BOLIVIA | |
| AngloGold Ashanti Corrego do Sitio Mineracao | BRAZIL | |
| LSM Brasil S.A. | BRAZIL | |
| Mineracao Taboca S.A. | BRAZIL | |
| Soft Metais Ltda. | BRAZIL | |
| Umicore Brasil Ltda. | BRAZIL | |
| White Solder Metalurgia e Mineracao Ltda. | BRAZIL | |
| Magnu’s Minerais Metais e Ligas Ltda. | BRAZIL | |
| Melt Metais e Ligas S.A. | BRAZIL | |
| Marsam Metals | BRAZIL | |
| Resind Industria e Comercio Ltda. | BRAZIL | |
| ACL Metais Eireli | BRAZIL | |
| Estanho de Rondonia S.A. | BRAZIL | |
| Super Ligas | BRAZIL | |
| CCR Refinery — Glencore Canada Corporation | CANADA | |
| Asahi Refining Canada Ltd. | CANADA | |
| Royal Canadian Mint | CANADA | |
| Planta Recuperadora de Metales SpA | CHILE | |
| Changsha South Tantalum Niobium Co., Ltd. | CHINA |
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| Guangdong Xianglu Tungsten Co., Ltd. | CHINA | |
| Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | CHINA | |
| Chongyi Zhangyuan Tungsten Co., Ltd. | CHINA | |
| Guangdong Rising Rare Metals-EO Materials Ltd. | CHINA | |
| F&X Electro-Materials Ltd. | CHINA | |
| Fujian Jinxin Tungsten Co., Ltd. | CHINA | |
| Gejiu Non-Ferrous Metal Processing Co., Ltd. | CHINA | |
| Gejiu Zili Mining And Metallurgy Co., Ltd. | CHINA | |
| Guangdong Zhiyuan New Material Co., Ltd. | CHINA | |
| Heraeus Metals Hong Kong Ltd. | CHINA | |
| Huichang Jinshunda Tin Co., Ltd. | CHINA | |
| Hunan Chenzhou Mining Co., Ltd. | CHINA | |
| Hunan Chunchang Nonferrous Metals Co., Ltd. | CHINA | |
| Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | CHINA | |
| Jiangxi Copper Co., Ltd. | CHINA | |
| Ganzhou Huaxing Tungsten Products Co., Ltd. | CHINA | |
| JiuJiang JinXin Nonferrous Metals Co., Ltd. | CHINA | |
| Jiujiang Tanbre Co., Ltd. | CHINA | |
| Gejiu Kai Meng Industry and Trade LLC | CHINA | |
| China Tin Group Co., Ltd. | CHINA | |
| Metalor Technologies (Suzhou) Ltd. | CHINA | |
| Metalor Technologies (Hong Kong) Ltd. | CHINA | |
| Jiangxi New Nanshan Technology Ltd. | CHINA | |
| Ningxia Orient Tantalum Industry Co., Ltd. | CHINA | |
| RFH Tantalum Smeltery Co., Ltd./Yanling Jincheng Tantalum & Niobium Co., Ltd. | CHINA | |
| Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | CHINA | |
| Sichuan Tianze Precious Metals Co., Ltd. | CHINA | |
| Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | CHINA | |
| The Refinery of Shandong Gold Mining Co., Ltd. | CHINA | |
| Xiamen Tungsten Co., Ltd. | CHINA | |
| Xinhai Rendan Shaoguan Tungsten Co., Ltd. | CHINA | |
| Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | CHINA | |
| Yunnan Tin Company Limited | CHINA | |
| Zhongyuan Gold Smelter of Zhongjin Gold Corporation | CHINA | |
| Gold Refinery of Zijin Mining Group Co., Ltd. | CHINA | |
| Ganzhou Jiangwu Ferrotungsten Co., Ltd. | CHINA | |
| Jiangxi Yaosheng Tungsten Co., Ltd. | CHINA | |
| Jiangxi Xinsheng Tungsten Industry Co., Ltd. | CHINA |
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| Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | CHINA | |
| Malipo Haiyu Tungsten Co., Ltd. | CHINA | |
| Xiamen Tungsten (H.C.) Co., Ltd. | CHINA | |
| Jiangxi Gan Bei Tungsten Co., Ltd. | CHINA | |
| Hengyang King Xing Lifeng New Materials Co., Ltd. | CHINA | |
| Ganzhou Seadragon W & Mo Co., Ltd. | CHINA | |
| FIR Metals & Resource Ltd. | CHINA | |
| Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | CHINA | |
| XinXing HaoRong Electronic Material Co., Ltd. | CHINA | |
| Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | CHINA | |
| Chenzhou Diamond Tungsten Products Co., Ltd. | CHINA | |
| Jiangwu H.C. Starck Tungsten Products Co., Ltd. | CHINA | |
| Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji | CHINA | |
| South-East Nonferrous Metal Company Limited of Hengyang City | CHINA | |
| Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd. | CHINA | |
| Jiangxi Tuohong New Raw Material | CHINA | |
| Gejiu Fengming Metallurgy Chemical Plant | CHINA | |
| Guanyang Guida Nonferrous Metal Smelting Plant | CHINA | |
| Gejiu Jinye Mineral Company | CHINA | |
| Guangdong Hanhe Non-Ferrous Metal Co., Ltd. | CHINA | |
| Chifeng Dajingzi Tin Industry Co., Ltd. | CHINA | |
| Jiujiang Janny New Material Co., Ltd. | CHINA | |
| Ganzhou Haichuang Tungsten Industry Co., Ltd. | CHINA | |
| Hunan Litian Tungsten Industry Co., Ltd. | CHINA | |
| Yunnan Copper Industry Co., Ltd. | CHINA | |
| Daye Non-Ferrous Metals Mining Ltd. | CHINA | |
| Refinery of Seemine Gold Co., Ltd. | CHINA | |
| Guoda Safina High-Tech Environmental Refinery Co., Ltd. | CHINA | |
| Hangzhou Fuchunjiang Smelting Co., Ltd. | CHINA | |
| Hunan Chenzhou Mining Co., Ltd. | CHINA | |
| Lingbao Gold Co., Ltd. | CHINA | |
| Lingbao Jinyuan Tonghui Refinery Co., Ltd. | CHINA | |
| Luoyang Zijin Yinhui Gold Refinery Co., Ltd. | CHINA | |
| Penglai Penggang Gold Industry Co., Ltd. | CHINA | |
| Shandong Tiancheng Biological Gold Industrial Co., Ltd. | CHINA | |
| Great Wall Precious Metals Co., Ltd. of CBPM | CHINA | |
| Guangdong Jinding Gold Limited | CHINA |
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| Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd. | CHINA | |
| Jiangxi Dayu Longxintai Tungsten Co., Ltd. | CHINA | |
| HuiChang Hill Tin Industry Co., Ltd. | CHINA | |
| Tongling Nonferrous Metal Group Co., Ltd. | CHINA | |
| CNMC (Guangxi) PGMA Co., Ltd. | CHINA | |
| Jiangxi Ketai Advanced Material Co., Ltd. | CHINA | |
| Zhejiang Suichang Huijin Non-Ferrous Metals Limited Company | CHINA | |
| Duoluoshan | CHINA | |
| Yichun Jin Yang Rare Metal Co., Ltd. | CHINA | |
| Ganzhou Yatai Tungsten Co., Ltd. | CHINA | |
| Dongguan Baotuolai Metal Co. Ltd | CHINA | |
| Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd. | CHINA | |
| SAFINA A.S. | CZECH REPUBLIC | |
| NPM Silmet AS | ESTONIA | |
| SAAMP | FRANCE | |
| Allgemeine Gold-und Silberscheideanstalt A.G. | GERMANY | |
| Aurubis AG | GERMANY | |
| C. Hafner GmbH + Co. KG | GERMANY | |
| DODUCO Contacts and Refining GmbH | GERMANY | |
| Heimerle + Meule GmbH | GERMANY | |
| Heraeus Precious Metals GmbH & Co. KG | GERMANY | |
| H.C. Starck Tungsten GmbH | GERMANY | |
| H.C. Starck Smelting GmbH & Co. KG | GERMANY | |
| H.C. Starck Tantalum and Niobium GmbH | GERMANY | |
| H.C. Starck Hermsdorf GmbH | GERMANY | |
| H.C. Starck Smelting GmbH & Co. KG | GERMANY | |
| SAXONIA Edelmetalle GmbH | GERMANY | |
| WIELAND Edelmetalle GmbH | GERMANY | |
| Degussa Sonne / Mond Goldhandel GmbH | GERMANY | |
| Metallurgical Products India Pvt., Ltd. | INDIA | |
| MMTC-PAMP India Pvt., Ltd. | INDIA | |
| Bangalore Refinery | INDIA | |
| GCC Gujrat Gold Centre Pvt. Ltd. | INDIA | |
| Sai Refinery | INDIA | |
| CV Gita Pesona | INDONESIA | |
| PT Aries Kencana Sejahtera | INDONESIA | |
| PT Premium Tin Indonesia | INDONESIA | |
| CV United Smelting | INDONESIA | |
| PT Aneka Tambang (Persero) Tbk | INDONESIA |
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| PT Artha Cipta Langgeng | INDONESIA | |
| PT Babel Inti Perkasa | INDONESIA | |
| PT Bangka Tin Industry | INDONESIA | |
| PT Belitung Industri Sejahtera | INDONESIA | |
| PT Bukit Timah | INDONESIA | |
| PT DS Jaya Abadi | INDONESIA | |
| PT Karimun Mining | INDONESIA | |
| PT Mitra Stania Prima | INDONESIA | |
| PT Panca Mega Persada | INDONESIA | |
| PT Prima Timah Utama | INDONESIA | |
| PT Refined Bangka Tin | INDONESIA | |
| PT Sariwiguna Binasentosa | INDONESIA | |
| PT Stanindo Inti Perkasa | INDONESIA | |
| PT Sumber Jaya Indah | INDONESIA | |
| PT Timah (Persero) Tbk Kundur | INDONESIA | |
| PT Timah (Persero) Tbk Mentok | INDONESIA | |
| PT Tinindo Inter Nusa | INDONESIA | |
| CV Venus Inti Perkasa | INDONESIA | |
| PT ATD Makmur Mandiri Jaya | INDONESIA | |
| PT Inti Stania Prima | INDONESIA | |
| CV Ayi Jaya | INDONESIA | |
| CV Dua Sekawan | INDONESIA | |
| CV Tiga Sekawan | INDONESIA | |
| PT Bangka Prima Tin | INDONESIA | |
| PT Sukses Inti Makmur | INDONESIA | |
| PT Kijang Jaya Mandiri | INDONESIA | |
| PT Menara Cipta Mulia | INDONESIA | |
| PT Lautan Harmonis Sejahtera | INDONESIA | |
| PT Bangka Serumpun | INDONESIA | |
| PT Eunindo Usaha Mandiri | INDONESIA | |
| Chimet S.p.A. | ITALY | |
| T.C.A S.p.A | ITALY | |
| Italpreziosi | ITALY | |
| Safimet S.p.A | ITALY | |
| A.L.M.T. TUNGSTEN Corp. | JAPAN | |
| Aida Chemical Industries Co., Ltd. | JAPAN | |
| Asahi Pretec Corp. | JAPAN | |
| Asaka Riken Co., Ltd. | JAPAN | |
| Dowa | JAPAN | |
| Eco-System Recycling Co., Ltd. | JAPAN | |
| Ishifuku Metal Industry Co., Ltd. | JAPAN | |
| Japan Mint | JAPAN |
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| Japan New Metals Co., Ltd. | JAPAN | |
| JX Nippon Mining & Metals Co., Ltd. | JAPAN | |
| Kojima Chemicals Co., Ltd. | JAPAN | |
| Matsuda Sangyo Co., Ltd. | JAPAN | |
| Mitsubishi Materials Corporation | JAPAN | |
| Mitsui Mining and Smelting Co., Ltd. | JAPAN | |
| Nihon Material Co., Ltd. | JAPAN | |
| Ohura Precious Metal Industry Co., Ltd. | JAPAN | |
| Sumitomo Metal Mining Co., Ltd. | JAPAN | |
| Taki Chemical Co., Ltd. | JAPAN | |
| Tanaka Kikinzoku Kogyo K.K. | JAPAN | |
| Tokuriki Honten Co., Ltd. | JAPAN | |
| Yamakin Co., Ltd. | JAPAN | |
| Yokohama Metal Co., Ltd. | JAPAN | |
| H.C. Starck Ltd. | JAPAN | |
| Global Advanced Metals Aizu | JAPAN | |
| Chugai Mining | JAPAN | |
| Kazzinc | KAZAKHSTAN | |
| Ulba Metallurgical Plant JSC | KAZAKHSTAN | |
| Kazakhmys Smelting LLC | KAZAKHSTAN | |
| TOO Tau-Ken-Altyn | KAZAKHSTAN | |
| Daejin Indus Co., Ltd. | SOUTH KOREA | |
| DSC (Do Sung Corporation) | SOUTH KOREA | |
| HeeSung Metal Ltd. | SOUTH KOREA | |
| LS-NIKKO Copper Inc. | SOUTH KOREA | |
| Torecom | SOUTH KOREA | |
| Korea Zinc Co., Ltd. | SOUTH KOREA | |
| Woltech Korea Co., Ltd. | SOUTH KOREA | |
| SungEel HiMetal Co., Ltd. | SOUTH KOREA | |
| DS PRETECH Co., Ltd. | SOUTH KOREA | |
| NH Recytech Company | SOUTH KOREA | |
| HwaSeong CJ CO., LTD. | SOUTH KOREA | |
| Samduck Precious Metals | SOUTH KOREA | |
| Samwon Metals Corp. | SOUTH KOREA | |
| Kyrgyzaltyn JSC | KYRGYZSTAN | |
| State Research Institute Center for Physical Sciences and Technology | LITHUANIA | |
| Power Resources Ltd. | MACEDONIA | |
| Malaysia Smelting Corporation (MSC) | MALAYSIA | |
| Modeltech Sdn Bhd | MALAYSIA | |
| Metalurgica Met-Mex Penoles S.A. De C.V. | MEXICO | |
| KEMET Blue Metals | MEXICO |
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| Caridad | MEXICO | |
| Pongpipat Company Limited | MYANMAR | |
| Remondis Argentia B.V. | NETHERLANDS | |
| Schone Edelmetaal B.V. | NETHERLANDS | |
| Morris and Watson | NEW ZEALAND | |
| Minsur | PERU | |
| Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | PHILIPPINES | |
| O.M. Manufacturing Philippines, Inc. | PHILIPPINES | |
| Philippine Chuangxin Industrial Co., Inc. | PHILIPPINES | |
| Fenix Metals | POLAND | |
| KGHM Polska Miedz Spolka Akcyjna | POLAND | |
| OJSC Novosibirsk Refinery | RUSSIAN FEDERATION | |
| JSC Uralelectromed | RUSSIAN FEDERATION | |
| Moscow Special Alloys Processing Plant | RUSSIAN FEDERATION | |
| OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet) | RUSSIAN FEDERATION | |
| Prioksky Plant of Non-Ferrous Metals | RUSSIAN FEDERATION | |
| SOE Shyolkovsky Factory of Secondary Precious Metals | RUSSIAN FEDERATION | |
| Solikamsk Magnesium Works OAO | RUSSIAN FEDERATION | |
| Hydrometallurg, JSC | RUSSIAN FEDERATION | |
| Unecha Refractory metals plant | RUSSIAN FEDERATION | |
| Moliren Ltd. | RUSSIAN FEDERATION | |
| JSC Ekaterinburg Non-Ferrous Metal Processing Plant | RUSSIAN FEDERATION | |
| L’azurde Company For Jewelry | SAUDI ARABIA | |
| Metalor Technologies (Singapore) Pte., Ltd. | SINGAPORE | |
| Rand Refinery (Pty) Ltd. | SOUTH AFRICA | |
| AU Traders and Refiners | SOUTH AFRICA | |
| SEMPSA Joyeria Plateria S.A. | SPAIN | |
| Metallo Spain S.L.U. | SPAIN | |
| Sudan Gold Refinery | SUDAN | |
| Boliden AB | SWEDEN | |
| Argor-Heraeus S.A. | SWITZERLAND | |
| Cendres + Metaux S.A. | SWITZERLAND | |
| Metalor Technologies S.A. | SWITZERLAND | |
| PAMP S.A. | SWITZERLAND | |
| PX Precinox S.A. | SWITZERLAND | |
| Valcambi S.A. | SWITZERLAND | |
| Rui Da Hung | TAIWAN | |
| Solar Applied Materials Technology Corp. | TAIWAN |
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| Singway Technology Co., Ltd. | TAIWAN, PROVINCE OF CHINA | |
| O.M. Manufacturing (Thailand) Co., Ltd. | THAILAND | |
| Thaisarco | THAILAND | |
| Umicore Precious Metals Thailand | THAILAND | |
| H.C. Starck Co., Ltd. | THAILAND | |
| Istanbul Gold Refinery | TURKEY | |
| Nadir Metal Rafineri San. Ve Tic. A.S. | TURKEY | |
| Atasay Kuyumculuk Sanayi Ve Ticaret A.S. | TURKEY | |
| African Gold Refinery | UGANDA | |
| Al Etihad Gold LLC | UNITED ARAB EMIRATES | |
| Emirates Gold DMCC | UNITED ARAB EMIRATES | |
| Kaloti Precious Metals | UNITED ARAB EMIRATES | |
| Advanced Chemical Company | UNITED STATES OF AMERICA | |
| Kennametal Huntsville | UNITED STATES OF AMERICA | |
| Alpha | UNITED STATES OF AMERICA | |
| Exotech Inc. | UNITED STATES OF AMERICA | |
| Global Tungsten & Powders Corp. | UNITED STATES OF AMERICA | |
| Asahi Refining USA Inc. | UNITED STATES OF AMERICA | |
| Kennametal Fallon | UNITED STATES OF AMERICA | |
| Kennecott Utah Copper LLC | UNITED STATES OF AMERICA | |
| Materion | UNITED STATES OF AMERICA | |
| Metallic Resources, Inc. | UNITED STATES OF AMERICA | |
| Metalor USA Refining Corporation | UNITED STATES OF AMERICA | |
| QuantumClean | UNITED STATES OF AMERICA | |
| Telex Metals | UNITED STATES OF AMERICA | |
| United Precious Metal Refining, Inc. | UNITED STATES OF AMERICA | |
| Geib Refining Corporation | UNITED STATES OF AMERICA | |
| D Block Metals, LLC | UNITED STATES OF AMERICA | |
| H.C. Starck Inc. | UNITED STATES OF AMERICA | |
| Global Advanced Metals Boyertown | UNITED STATES OF AMERICA | |
| KEMET Blue Powder | UNITED STATES OF AMERICA | |
| Niagara Refining LLC | UNITED STATES OF AMERICA | |
| Sabin Metal Corp. | UNITED STATES OF AMERICA | |
| Abington Reldan Metals, LLC | UNITED STATES OF AMERICA | |
| Pease & Curren | UNITED STATES OF AMERICA | |
| Republic Metals Corporation | UNITED STATES OF AMERICA | |
| Elemetal Refining, LLC | UNITED STATES OF AMERICA | |
| Almalyk Mining and Metallurgical Complex (AMMC) | UZBEKISTAN | |
| Navoi Mining and Metallurgical Combinat | UZBEKISTAN | |
| Tejing (Vietnam) Tungsten Co., Ltd. | VIET NAM | |
| Asia Tungsten Products Vietnam Ltd. | VIET NAM |
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| Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC | VIET NAM | |
| Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company | VIET NAM | |
| Nghe Tinh Non-Ferrous Metals Joint Stock Company | VIET NAM | |
| Tuyen Quang Non-Ferrous Metals Joint Stock Company | VIET NAM | |
| An Vinh Joint Stock Mineral Processing Company | VIET NAM | |
| Vietnam Youngsun Tungsten Industry Co., Ltd. | VIET NAM | |
| Universal Precious Metals Refining Zambia | ZAMBIA | |
| Fidelity Printers and Refiners Ltd. | ZIMBABWE |
The description of the Company’s due diligence exercise set forth above under the heading “Section 5. Due Diligence Procedures Performed” explains the Company’s efforts to determine the mine or location of origin with the greatest possible specificity.
Section 8. Future Efforts to Mitigate Risk
The Company intends to continuously improve upon its due diligence efforts related to 3TGs. The Company will continue to:
| • | Use revised and updated versions of the CMRT for its survey tools; |
| • | Monitor and encourage the continued development and progress of traceability measures for suppliers; and |
| • | Engage with suppliers to provide responses or complete responses in 2019. |
Section 9. Forward Looking Statements
This document contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or are proven incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. You can identify some of the forward-looking statements by the use of forward-looking words, such as “intend” or the use of future tense. Statements concerning current conditions may also be forward-looking if they imply a continuation of current conditions. Examples of forward-looking statements include, but are not limited to, statements concerning the additional steps that the Company intends to take to mitigate risk with respect to 3TGs used in our products and that a smelter in a Covered Country was used by one of our suppliers, although we do not know whether 3TGs from that smelter were used in the products the supplier provided to us.
The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to: (1) the continued implementation of satisfactory traceability and other compliance measures by the Company’s direct, on a timely basis or at all, (2) whether suppliers and other market participants responsibly source 3TGs, and (3) political and regulatory developments, whether in the DRC region, the United States, or elsewhere. You are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of filing of this document. All forward-looking statements in this Report are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
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