EX-1.01 2 a18-14543_1ex1d01.htm EX-1.01

EXHIBIT 1.01

 

Conflict Minerals Report of Helen of Troy Limited

In accord with Rule 13p-1 under the Securities Exchange Act of 1934

 

This is the Conflict Minerals Report of Helen of Troy Limited (“Helen of Troy”, the “Company”) for calendar year 2017 (excepting conflict minerals that, prior to January 31, 2013, were located outside of the supply chain) in accord with Rule 13p-1 under the Securities Exchange Act of 1934 (“Rule 13p-1”).

 

1.                                      Introduction

 

Helen of Troy is a leading global consumer products company offering creative solutions for our customers through a diversified portfolio of well-recognized and widely trusted brands. We have built leading market positions through new product innovation, product quality and competitive pricing. Helen of Troy was incorporated as Helen of Troy Corporation in Texas in 1968 and reorganized as Helen of Troy Limited in Bermuda in 1994.  Helen of Troy has three business segments: Housewares, Health & Home, and Beauty.  The Housewares segment provides a broad range of products to help with food preparation, cooking, cleaning, organization, beverage service, and other tasks to ease everyday living for families. Sales for the segment are primarily to retailers, with some direct-to-consumer product distribution. The Health & Home segment provides healthcare and home comfort products. Sales for the segment are primarily to retailers, with some direct-to-consumer product distribution. The Beauty segment provides personal care, beauty care and wellness products including hair styling appliances; grooming tools; decorative haircare accessories; and liquid-, solid- and powder-based personal care products. This segment sells primarily to retailers and beauty supply wholesalers.  Helen of Troy purchases its products from unaffiliated manufacturers, most of which are located in China, Mexico and the United States.

 

Helen of Troy contracts to have products manufactured that may contain gold, tantalum, tin and tungsten (“3TG”).  As these materials may be necessary to Helen of Troy’s products, the Company has embarked on a process to trace the origin of these metals to determine whether its sourcing practices support conflict or human rights abuses in the Democratic Republic of Congo (“DRC”) and the surrounding area (the “Covered Countries”). The intent of this Conflict Minerals Report (“CMR”) is to describe this due diligence process.

 

1



 

2.                                      Product Description

 

Helen of Troy contracts to have products manufactured that may contain 3TG, such as houseware, health & home, and beauty consumer products.  Helen of Troy purchases finished product and is therefore several tiers removed from the mining operations.  The Company does not purchase any materials directly from smelters or refiners so Helen of Troy must rely on its suppliers to provide reliable and accurate information about 3TG.

 

Helen of Troy’s suppliers were requested to use the Conflict-Free Sourcing Initiative’s Conflict Minerals Reporting Template (“CMRT”) to identify gold, tantalum, tin and tungsten smelters or refiners (“SORs”) and associated countries of origin.  Verified SORs were matched against available lists of processors that have been certified by internationally-recognized industry validation schemes, such as the Responsible Minerals Assurance Process (RMAP), the London Bullion Market Association Good Delivery Program (“LBMA”), and the Responsible Jewelry Council Chain-of-Custody Certification (“RJC”).  Conflict free certification information is current as of April 17, 2018.

 

3.                                            Reasonable Country of Origin Inquiry Description

 

Helen of Troy obtained the aforementioned product information by implementing a Reasonable Country of Origin Inquiry (“RCOI”).  Helen of Troy assembled an internal team comprised of representatives from Helen of Troy’s finance, legal and supply chain departments.  Helen of Troy engaged Source Intelligence (“SI”), a third-party information management service provider, to gather information from suppliers and establish a system of controls and transparency over its supply chain. This is the fifth consecutive year the Company worked with SI. Helen of Troy’s Tier 1 suppliers were engaged by SI to collect information regarding the presence and sourcing of 3TG used in the products supplied to them.  Information was collected and stored using an online platform provided by SI.

 

Supplier Engagement

 

As in previous years, the RCOI began with an introduction email from Helen of Troy to suppliers describing its conflict minerals reporting requirements. Following that introduction email, a subsequent email was sent to suppliers containing a registration and survey request link to the online data collection platform.  In an effort to increase awareness of the Company’s conflict minerals reporting requirements, supporting regulation, and frequently asked questions (FAQs) concerning 3TG mineral tracing, Helen of Troy’s suppliers were given access to an online Supplier Resource Center.  The Supplier Resource Center provided educational information to facilitate a deeper understanding of conflict minerals and to inform suppliers as to why information was being requested.

 

2



 

Subsequent engagement followed these steps:

 

·                  Following the initial introductions to the program and information request, up to six reminder emails were sent to each non-responsive supplier requesting survey completion.

 

·                  Suppliers who remained non-responsive to these email reminders were contacted by telephone and offered assistance. This assistance included, but was not limited to, further information about the conflict minerals reporting requirements, an explanation of why the information was being collected, a review of how the information would be used, and clarification regarding how the information could be provided.

 

Information Requested

 

Suppliers were asked to provide information regarding the sourcing of their materials with the ultimate goal of identifying the 3TG SORs and associated mine countries of origin. Suppliers who had already performed a RCOI through the use of the CMRT were asked to upload this document into the online data collection platform or to provide this information in the online survey version. Suppliers were given nine language options to choose from when submitting the CMRT.

 

Suppliers had the ability to share information at a level with which they are most comfortable, i.e. company, product or user-defined, but the declaration scope had to be specified. Supplier responses were evaluated for plausibility, consistency, and gaps. Additional supplier contacts were conducted as needed.  At all times during the above steps, Helen of Troy’s internal team was able to monitor progress 24 hours per day, 7 days per week via access to the Helen of Troy online data collection platform provided by SI.

 

4.                                            RCOI Results

 

Helen of Troy’s RCOI process revealed the following:

 

·                  A total of 139 Tier 1 suppliers were identified by Helen of Troy as potentially in-scope for conflict mineral reporting purposes and all were contacted as part of the RCOI process.  The survey response rate among these suppliers was 86% (120 responding suppliers).

 

·                  Of the 120 responding suppliers, 36% (43 suppliers) indicated conflict minerals were necessary to the functionality or production of the products they supply to Helen of Troy.

 

·                  The 43 suppliers using conflict minerals provided names of 313 verified SORs.

 

·                  Of the 313 verified SORs, 252 are currently certified, 8 are actively moving through the certification process, and 53 have unknown status.  253 of the 313 verified SORs are not known to source from the DRC/Covered Countries.

 

3



 

 

·                  Sixty of the 313 verified SORs indicated possible DRC/Covered Countries sourcing.  Fifty-eight of those smelters are certified conflict free. The remaining two smelters have ceased operations.

 

The following table lists the verified SORs provided by Helen of Troy’s suppliers, along with the certification status of each SOR as of April 17, 2018.

 

 

 

Metal

 

Official Smelter Name

 

Conflict-Free
Certifications

1

 

Gold

 

Abington Reldan Metals, LLC

 

Unknown

2

 

Gold

 

Advanced Chemical Company

 

RMAP

3

 

Gold

 

Aida Chemical Industries Co., Ltd.

 

RMAP

4

 

Gold

 

Al Etihad Gold LLC

 

RMAP

5

 

Gold

 

Allgemeine Gold-und Silberscheideanstalt A.G.

 

LBMA, RJC, RMAP

6

 

Gold

 

Almalyk Mining and Metallurgical Complex (AMMC)

 

LBMA, RMAP

7

 

Gold

 

AngloGold Ashanti Corrego do Sitio Mineracao

 

LBMA, RMAP

8

 

Gold

 

Argor-Heraeus S.A.

 

LBMA, RMAP

9

 

Gold

 

Asahi Pretec Corp.

 

LBMA, RMAP

10

 

Gold

 

Asahi Refining Canada Ltd.

 

LBMA, RMAP

11

 

Gold

 

Asahi Refining USA Inc.

 

LBMA, RMAP

12

 

Gold

 

Asaka Riken Co., Ltd.

 

RMAP

13

 

Gold

 

Atasay Kuyumculuk Sanayi Ve Ticaret A.S.

 

Unknown

14

 

Gold

 

AU Traders and Refiners

 

RJC, RMAP

15

 

Gold

 

Aurubis AG

 

LBMA, RMAP

 

4



 

 

 

Metal

 

Official Smelter Name

 

Conflict-Free
Certifications

16

 

Gold

 

Bangalore Refinery

 

RMAP - Active

17

 

Gold

 

Bangko Sentral ng Pilipinas (Central Bank of the Philippines)

 

LBMA, RMAP

18

 

Gold

 

Boliden AB

 

LBMA, RMAP

19

 

Gold

 

C. Hafner GmbH + Co. KG

 

LBMA, RJC, RMAP

20

 

Gold

 

Caridad

 

Unknown

21

 

Gold

 

CCR Refinery - Glencore Canada Corporation

 

LBMA, RMAP

22

 

Gold

 

Cendres + Metaux S.A.

 

RMAP

23

 

Gold

 

Chimet S.p.A.

 

LBMA, RMAP

24

 

Gold

 

Chugai Mining

 

Unknown

25

 

Gold

 

Daejin Indus Co., Ltd.

 

RMAP

26

 

Gold

 

Daye Non-Ferrous Metals Mining Ltd.

 

Unknown

27

 

Gold

 

Degussa Sonne / Mond Goldhandel GmbH

 

Unknown

28

 

Gold

 

DODUCO Contacts and Refining GmbH

 

RMAP

29

 

Gold

 

Dowa

 

RMAP

30

 

Gold

 

DSC (Do Sung Corporation)

 

RMAP

31

 

Gold

 

Eco-System Recycling Co., Ltd.

 

RMAP

32

 

Gold

 

Elemetal Refining, LLC

 

Unknown

33

 

Gold

 

Emirates Gold DMCC

 

LBMA, RMAP

34

 

Gold

 

Fidelity Printers and Refiners Ltd.

 

Unknown

35

 

Gold

 

GCC Gujrat Gold Centre Pvt. Ltd.

 

Unknown

36

 

Gold

 

Geib Refining Corporation

 

RMAP

37

 

Gold

 

Gold Refinery of Zijin Mining Group Co., Ltd.

 

LBMA, RMAP

38

 

Gold

 

Great Wall Precious Metals Co., Ltd. of CBPM

 

Unknown

39

 

Gold

 

Guangdong Jinding Gold Limited

 

Unknown

40

 

Gold

 

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

 

Unknown

41

 

Gold

 

Hangzhou Fuchunjiang Smelting Co., Ltd.

 

Unknown

42

 

Gold

 

HeeSung Metal Ltd.

 

RMAP

43

 

Gold

 

Heimerle + Meule GmbH

 

LBMA, RMAP

44

 

Gold

 

Heraeus Metals Hong Kong Ltd.

 

LBMA, RJC, RMAP

45

 

Gold

 

Heraeus Precious Metals GmbH & Co. KG

 

LBMA, RMAP

46

 

Gold

 

Hunan Chenzhou Mining Co., Ltd.

 

Unknown

47

 

Gold

 

HwaSeong CJ CO., LTD.

 

Unknown

48

 

Gold

 

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

 

LBMA, RMAP

49

 

Gold

 

Ishifuku Metal Industry Co., Ltd.

 

LBMA, RMAP

50

 

Gold

 

Istanbul Gold Refinery

 

LBMA, RMAP

51

 

Gold

 

Italpreziosi

 

RJC, RMAP

52

 

Gold

 

Japan Mint

 

LBMA, RMAP

53

 

Gold

 

Jiangxi Copper Co., Ltd.

 

LBMA, RMAP

54

 

Gold

 

JSC Ekaterinburg Non-Ferrous Metal Processing Plant

 

LBMA, RMAP

55

 

Gold

 

JSC Uralelectromed

 

LBMA, RMAP

56

 

Gold

 

JX Nippon Mining & Metals Co., Ltd.

 

LBMA, RMAP

 

5



 

 

 

Metal

 

Official Smelter Name

 

Conflict-Free
Certifications

57

 

Gold

 

Kaloti Precious Metals

 

Unknown

58

 

Gold

 

Kazakhmys Smelting LLC

 

Unknown

59

 

Gold

 

Kazzinc

 

LBMA, RMAP

60

 

Gold

 

Kennecott Utah Copper LLC

 

LBMA, RMAP

61

 

Gold

 

KGHM Polska Miedz Spolka Akcyjna

 

RMAP - Active

62

 

Gold

 

Kojima Chemicals Co., Ltd.

 

RMAP

63

 

Gold

 

Korea Zinc Co., Ltd.

 

RMAP

64

 

Gold

 

Kyrgyzaltyn JSC

 

LBMA, RMAP

65

 

Gold

 

Kyshtym Copper-Electrolytic Plant ZAO

 

Unknown

66

 

Gold

 

L’azurde Company For Jewelry

 

Unknown

67

 

Gold

 

Lingbao Gold Co., Ltd.

 

Unknown

68

 

Gold

 

Lingbao Jinyuan Tonghui Refinery Co., Ltd.

 

Unknown

69

 

Gold

 

L’Orfebre S.A.

 

RMAP - Active

70

 

Gold

 

LS-NIKKO Copper Inc.

 

LBMA, RMAP

71

 

Gold

 

Luoyang Zijin Yinhui Gold Refinery Co., Ltd.

 

Unknown

72

 

Gold

 

Marsam Metals

 

RMAP

73

 

Gold

 

Materion

 

RMAP

74

 

Gold

 

Matsuda Sangyo Co., Ltd.

 

LBMA, RMAP

75

 

Gold

 

Metalor Technologies (Hong Kong) Ltd.

 

LBMA, RJC, RMAP

76

 

Gold

 

Metalor Technologies (Singapore) Pte., Ltd.

 

LBMA, RJC, RMAP

77

 

Gold

 

Metalor Technologies (Suzhou) Ltd.

 

RJC, RMAP

78

 

Gold

 

Metalor Technologies S.A.

 

LBMA, RJC, RMAP

79

 

Gold

 

Metalor USA Refining Corporation

 

LBMA, RJC, RMAP

80

 

Gold

 

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

 

LBMA, RMAP

81

 

Gold

 

Mitsubishi Materials Corporation

 

LBMA, RMAP

82

 

Gold

 

Mitsui Mining and Smelting Co., Ltd.

 

LBMA, RMAP

83

 

Gold

 

MMTC-PAMP India Pvt., Ltd.

 

LBMA, RMAP

84

 

Gold

 

Modeltech Sdn Bhd

 

RMAP - Active

85

 

Gold

 

Morris and Watson

 

Unknown

86

 

Gold

 

Morris and Watson Gold Coast

 

Unknown

87

 

Gold

 

Moscow Special Alloys Processing Plant

 

LBMA, RMAP

88

 

Gold

 

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

 

LBMA, RMAP

89

 

Gold

 

Navoi Mining and Metallurgical Combinat

 

Unknown

90

 

Gold

 

Nihon Material Co., Ltd.

 

LBMA, RMAP

91

 

Gold

 

Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH

 

RJC, RMAP

92

 

Gold

 

Ohura Precious Metal Industry Co., Ltd.

 

RMAP

93

 

Gold

 

OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)

 

LBMA, RMAP

94

 

Gold

 

OJSC Novosibirsk Refinery

 

LBMA, RMAP

95

 

Gold

 

PAMP S.A.

 

LBMA, RMAP

 

6



 

 

 

Metal

 

Official Smelter Name

 

Conflict-Free
Certifications

96

 

Gold

 

Pease & Curren

 

Unknown

97

 

Gold

 

Penglai Penggang Gold Industry Co., Ltd.

 

Unknown

98

 

Gold

 

Planta Recuperadora de Metales SpA

 

RMAP

99

 

Gold

 

Prioksky Plant of Non-Ferrous Metals

 

LBMA, RMAP

100

 

Gold

 

PT Aneka Tambang (Persero) Tbk

 

LBMA, RMAP

101

 

Gold

 

PX Precinox S.A.

 

LBMA, RMAP

102

 

Gold

 

Rand Refinery (Pty) Ltd.

 

LBMA, RMAP

103

 

Gold

 

Refinery of Seemine Gold Co., Ltd.

 

Unknown

104

 

Gold

 

Remondis Argentia B.V.

 

RMAP - Active

105

 

Gold

 

Republic Metals Corporation

 

LBMA, RMAP

106

 

Gold

 

Royal Canadian Mint

 

LBMA, RMAP

107

 

Gold

 

SAAMP

 

RJC, RMAP

108

 

Gold

 

Sabin Metal Corp.

 

Unknown

109

 

Gold

 

Safimet S.p.A

 

RMAP

110

 

Gold

 

SAFINA A.S.

 

RMAP - Active

111

 

Gold

 

Sai Refinery

 

Unknown

112

 

Gold

 

Samduck Precious Metals

 

RMAP

113

 

Gold

 

SAMWON METALS Corp.

 

Unknown

114

 

Gold

 

SAXONIA Edelmetalle GmbH

 

RMAP

115

 

Gold

 

Schone Edelmetaal B.V.

 

LBMA, RMAP

116

 

Gold

 

SEMPSA Joyeria Plateria S.A.

 

LBMA, RMAP

117

 

Gold

 

Shandong Tiancheng Biological Gold Industrial Co., Ltd.

 

Unknown

118

 

Gold

 

Shandong Zhaojin Gold & Silver Refinery Co., Ltd.

 

LBMA, RMAP

119

 

Gold

 

Sichuan Tianze Precious Metals Co., Ltd.

 

LBMA, RMAP

120

 

Gold

 

Singway Technology Co., Ltd.

 

RMAP

121

 

Gold

 

So Accurate Group, Inc.

 

Unknown

122

 

Gold

 

SOE Shyolkovsky Factory of Secondary Precious Metals

 

LBMA, RMAP

123

 

Gold

 

Solar Applied Materials Technology Corp.

 

LBMA, RMAP

124

 

Gold

 

State Research Institute Center for Physical Sciences and Technology

 

Unknown

125

 

Gold

 

Sudan Gold Refinery

 

Unknown

126

 

Gold

 

Sumitomo Metal Mining Co., Ltd.

 

LBMA, RMAP

127

 

Gold

 

SungEel HiMetal Co., Ltd.

 

RMAP

128

 

Gold

 

T.C.A S.p.A

 

LBMA, RMAP

129

 

Gold

 

Tanaka Kikinzoku Kogyo K.K.

 

LBMA, RMAP

130

 

Gold

 

The Refinery of Shandong Gold Mining Co., Ltd.

 

LBMA, RMAP

131

 

Gold

 

Tokuriki Honten Co., Ltd.

 

LBMA, RMAP

132

 

Gold

 

Tongling Nonferrous Metals Group Co., Ltd.

 

Unknown

133

 

Gold

 

Tony Goetz NV

 

Unknown

134

 

Gold

 

TOO Tau-Ken-Altyn

 

Unknown

135

 

Gold

 

Torecom

 

RMAP

136

 

Gold

 

Umicore Brasil Ltda.

 

LBMA, RMAP

 

7



 

 

 

Metal

 

Official Smelter Name

 

Conflict-Free
Certifications

137

 

Gold

 

Umicore Precious Metals Thailand

 

RJC, RMAP

138

 

Gold

 

Umicore S.A. Business Unit Precious Metals Refining

 

LBMA, RMAP

139

 

Gold

 

United Precious Metal Refining, Inc.

 

RMAP

140

 

Gold

 

Universal Precious Metals Refining Zambia

 

Unknown

141

 

Gold

 

Valcambi S.A.

 

LBMA, RJC, RMAP

142

 

Gold

 

Western Australian Mint (T/a The Perth Mint)

 

LBMA, RMAP

143

 

Gold

 

WIELAND Edelmetalle GmbH

 

RMAP

144

 

Gold

 

Yamakin Co., Ltd.

 

RMAP

145

 

Gold

 

Yokohama Metal Co., Ltd.

 

RMAP

146

 

Gold

 

Yunnan Copper Industry Co., Ltd.

 

Unknown

147

 

Gold

 

Zhongyuan Gold Smelter of Zhongjin Gold Corporation

 

LBMA, RMAP

148

 

Tantalum

 

Asaka Riken Co., Ltd.

 

RMAP

149

 

Tantalum

 

Changsha South Tantalum Niobium Co., Ltd.

 

RMAP

150

 

Tantalum

 

D Block Metals, LLC

 

RMAP

151

 

Tantalum

 

Duoluoshan

 

Unknown

152

 

Tantalum

 

Exotech Inc.

 

RMAP

153

 

Tantalum

 

F&X Electro-Materials Ltd.

 

RMAP

154

 

Tantalum

 

FIR Metals & Resource Ltd.

 

RMAP

155

 

Tantalum

 

Global Advanced Metals Aizu

 

RMAP

156

 

Tantalum

 

Global Advanced Metals Boyertown

 

RMAP

157

 

Tantalum

 

Guangdong Rising Rare Metals-EO Materials Ltd.

 

RMAP

158

 

Tantalum

 

Guangdong Zhiyuan New Material Co., Ltd.

 

RMAP

159

 

Tantalum

 

H.C. Starck Co., Ltd.

 

RMAP

160

 

Tantalum

 

H.C. Starck Hermsdorf GmbH

 

RMAP

161

 

Tantalum

 

H.C. Starck Inc.

 

RMAP

162

 

Tantalum

 

H.C. Starck Ltd.

 

RMAP

163

 

Tantalum

 

H.C. Starck Smelting GmbH & Co. KG

 

RMAP

164

 

Tantalum

 

H.C. Starck Tantalum and Niobium GmbH

 

RMAP

165

 

Tantalum

 

Hengyang King Xing Lifeng New Materials Co., Ltd.

 

RMAP

166

 

Tantalum

 

Jiangxi Dinghai Tantalum & Niobium Co., Ltd.

 

RMAP

167

 

Tantalum

 

Jiangxi Tuohong New Raw Material

 

RMAP

168

 

Tantalum

 

JiuJiang JinXin Nonferrous Metals Co., Ltd.

 

RMAP

169

 

Tantalum

 

Jiujiang Nonferrous Metals Smelting Company Limited

 

RMAP

170

 

Tantalum

 

Jiujiang Zhongao Tantalum & Niobium Co., Ltd.

 

RMAP

171

 

Tantalum

 

KEMET Blue Metals

 

RMAP

172

 

Tantalum

 

Kemet Blue Powder

 

RMAP

173

 

Tantalum

 

LSM Brasil S.A.

 

RMAP

174

 

Tantalum

 

Metallurgical Products India Pvt., Ltd.

 

RMAP

175

 

Tantalum

 

Mineracao Taboca S.A.

 

RMAP

176

 

Tantalum

 

Mitsui Mining and Smelting Co., Ltd.

 

RMAP

177

 

Tantalum

 

Ningxia Orient Tantalum Industry Co., Ltd.

 

RMAP

 

8



 

 

 

Metal

 

Official Smelter Name

 

Conflict-Free
Certifications

178

 

Tantalum

 

NPM Silmet AS

 

RMAP

179

 

Tantalum

 

Power Resources Ltd.

 

RMAP

180

 

Tantalum

 

QuantumClean

 

RMAP

181

 

Tantalum

 

Resind Industria e Comercio Ltda.

 

RMAP

182

 

Tantalum

 

RFH Tantalum Smeltery Co., Ltd./Yanling Jincheng Tantalum & Niobium Co., Ltd.

 

RMAP

183

 

Tantalum

 

Solikamsk Magnesium Works OAO

 

RMAP

184

 

Tantalum

 

Taki Chemical Co., Ltd.

 

RMAP

185

 

Tantalum

 

Telex Metals

 

RMAP

186

 

Tantalum

 

Ulba Metallurgical Plant JSC

 

RMAP

187

 

Tantalum

 

XinXing Haorong Electronic Material Co., Ltd.

 

RMAP

188

 

Tantalum

 

Yichun Jin Yang Rare Metal Co., Ltd.

 

RMAP

189

 

Tin

 

Alpha

 

RMAP

190

 

Tin

 

An Vinh Joint Stock Mineral Processing Company

 

Unknown

191

 

Tin

 

Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.

 

RMAP

192

 

Tin

 

China Tin Group Co., Ltd.

 

RMAP

193

 

Tin

 

CNMC (Guangxi) PGMA Co., Ltd.

 

Unknown

194

 

Tin

 

CV Ayi Jaya

 

RMAP

195

 

Tin

 

CV Dua Sekawan

 

RMAP

196

 

Tin

 

CV Gita Pesona

 

RMAP

197

 

Tin

 

CV Tiga Sekawan

 

RMAP

198

 

Tin

 

CV United Smelting

 

RMAP

199

 

Tin

 

CV Venus Inti Perkasa

 

RMAP

200

 

Tin

 

Dowa

 

RMAP

201

 

Tin

 

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

 

Unknown

202

 

Tin

 

EM Vinto

 

RMAP

203

 

Tin

 

Estanho de Rondonia S.A.

 

Unknown

204

 

Tin

 

Fenix Metals

 

RMAP

205

 

Tin

 

Gejiu Fengming Metallurgy Chemical Plant

 

RMAP

206

 

Tin

 

Gejiu Jinye Mineral Company

 

RMAP

207

 

Tin

 

Gejiu Kai Meng Industry and Trade LLC

 

RMAP

208

 

Tin

 

Gejiu Non-Ferrous Metal Processing Co., Ltd.

 

RMAP

209

 

Tin

 

Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.

 

RMAP

210

 

Tin

 

Gejiu Zili Mining And Metallurgy Co., Ltd.

 

Unknown

211

 

Tin

 

Guangdong Hanhe Non-Ferrous Metal Co., Ltd.

 

RMAP

212

 

Tin

 

Guanyang Guida Nonferrous Metal Smelting Plant

 

RMAP

213

 

Tin

 

HuiChang Hill Tin Industry Co., Ltd.

 

RMAP

214

 

Tin

 

Huichang Jinshunda Tin Co., Ltd.

 

RMAP

215

 

Tin

 

Jiangxi Ketai Advanced Material Co., Ltd.

 

RMAP

216

 

Tin

 

Jiangxi New Nanshan Technology Ltd.

 

RMAP

217

 

Tin

 

Magnu’s Minerais Metais e Ligas Ltda.

 

RMAP

 

9



 

 

 

Metal

 

Official Smelter Name

 

Conflict-Free
Certifications

218

 

Tin

 

Malaysia Smelting Corporation (MSC)

 

RMAP

219

 

Tin

 

Melt Metais e Ligas S.A.

 

RMAP

220

 

Tin

 

Metallic Resources, Inc.

 

RMAP

221

 

Tin

 

Metallo Belgium N.V.

 

RMAP

222

 

Tin

 

Metallo Spain S.L.U.

 

RMAP

223

 

Tin

 

Mineracao Taboca S.A.

 

RMAP

224

 

Tin

 

Minsur

 

RMAP

225

 

Tin

 

Mitsubishi Materials Corporation

 

RMAP

226

 

Tin

 

Modeltech Sdn Bhd

 

RMAP - Active

227

 

Tin

 

Nghe Tinh Non-Ferrous Metals Joint Stock Company

 

Unknown

228

 

Tin

 

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

 

RMAP

229

 

Tin

 

O.M. Manufacturing Philippines, Inc.

 

RMAP

230

 

Tin

 

Operaciones Metalurgical S.A.

 

RMAP

231

 

Tin

 

PT Aries Kencana Sejahtera

 

RMAP

232

 

Tin

 

PT Artha Cipta Langgeng

 

RMAP

233

 

Tin

 

PT ATD Makmur Mandiri Jaya

 

RMAP

234

 

Tin

 

PT Babel Inti Perkasa

 

RMAP

235

 

Tin

 

PT Bangka Prima Tin

 

RMAP

236

 

Tin

 

PT Bangka Tin Industry

 

RMAP

237

 

Tin

 

PT Belitung Industri Sejahtera

 

RMAP

238

 

Tin

 

PT Bukit Timah

 

RMAP

239

 

Tin

 

PT DS Jaya Abadi

 

RMAP

240

 

Tin

 

PT Eunindo Usaha Mandiri

 

RMAP

241

 

Tin

 

PT Inti Stania Prima

 

RMAP

242

 

Tin

 

PT Karimun Mining

 

RMAP

243

 

Tin

 

PT Kijang Jaya Mandiri

 

RMAP

244

 

Tin

 

PT Lautan Harmonis Sejahtera

 

RMAP

245

 

Tin

 

PT Menara Cipta Mulia

 

RMAP

246

 

Tin

 

PT Mitra Stania Prima

 

RMAP

247

 

Tin

 

PT Panca Mega Persada

 

RMAP

248

 

Tin

 

PT Premium Tin Indonesia

 

RMAP

249

 

Tin

 

PT Prima Timah Utama

 

RMAP

250

 

Tin

 

PT Refined Bangka Tin

 

RMAP

251

 

Tin

 

PT Sariwiguna Binasentosa

 

RMAP

252

 

Tin

 

PT Stanindo Inti Perkasa

 

RMAP

253

 

Tin

 

PT Sukses Inti Makmur

 

RMAP

254

 

Tin

 

PT Sumber Jaya Indah

 

RMAP

255

 

Tin

 

PT Timah (Persero) Tbk Kundur

 

RMAP

256

 

Tin

 

PT Timah (Persero) Tbk Mentok

 

RMAP

257

 

Tin

 

PT Tinindo Inter Nusa

 

RMAP

258

 

Tin

 

PT Tommy Utama

 

RMAP

259

 

Tin

 

Resind Industria e Comercio Ltda.

 

RMAP

 

10



 

 

 

Metal

 

Official Smelter Name

 

Conflict-Free
Certifications

260

 

Tin

 

Rui Da Hung

 

RMAP

261

 

Tin

 

Soft Metais Ltda.

 

RMAP

262

 

Tin

 

Super Ligas

 

Unknown

263

 

Tin

 

Thaisarco

 

RMAP

264

 

Tin

 

Tuyen Quang Non-Ferrous Metals Joint Stock Company

 

Unknown

265

 

Tin

 

White Solder Metalurgia e Mineracao Ltda.

 

RMAP

266

 

Tin

 

Yunnan Chengfeng Non-ferrous Metals Co., Ltd.

 

RMAP

267

 

Tin

 

Yunnan Tin Company Limited

 

RMAP

268

 

Tungsten

 

A.L.M.T. TUNGSTEN Corp.

 

RMAP

269

 

Tungsten

 

ACL Metais Eireli

 

RMAP

270

 

Tungsten

 

Asia Tungsten Products Vietnam Ltd.

 

RMAP

271

 

Tungsten

 

Chenzhou Diamond Tungsten Products Co., Ltd.

 

RMAP

272

 

Tungsten

 

Chongyi Zhangyuan Tungsten Co., Ltd.

 

RMAP

273

 

Tungsten

 

Fujian Jinxin Tungsten Co., Ltd.

 

RMAP

274

 

Tungsten

 

Ganzhou Haichuang Tungsten Industry Co., Ltd.

 

RMAP - Active

275

 

Tungsten

 

Ganzhou Huaxing Tungsten Products Co., Ltd.

 

RMAP

276

 

Tungsten

 

Ganzhou Jiangwu Ferrotungsten Co., Ltd.

 

RMAP

277

 

Tungsten

 

Ganzhou Seadragon W & Mo Co., Ltd.

 

RMAP

278

 

Tungsten

 

Ganzhou Yatai Tungsten Co., Ltd.

 

Unknown

279

 

Tungsten

 

Global Tungsten & Powders Corp.

 

RMAP

280

 

Tungsten

 

Guangdong Xianglu Tungsten Co., Ltd.

 

RMAP

281

 

Tungsten

 

H.C. Starck Smelting GmbH & Co. KG

 

RMAP

282

 

Tungsten

 

H.C. Starck Tungsten GmbH

 

RMAP

283

 

Tungsten

 

Hunan Chenzhou Mining Co., Ltd.

 

RMAP

284

 

Tungsten

 

Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji

 

RMAP

285

 

Tungsten

 

Hunan Chunchang Nonferrous Metals Co., Ltd.

 

RMAP

286

 

Tungsten

 

Hunan Litian Tungsten Industry Co., Ltd.

 

Unknown

287

 

Tungsten

 

Hydrometallurg, JSC

 

RMAP

288

 

Tungsten

 

Japan New Metals Co., Ltd.

 

RMAP

289

 

Tungsten

 

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

 

RMAP

290

 

Tungsten

 

Jiangxi Dayu Longxintai Tungsten Co., Ltd.

 

Unknown

291

 

Tungsten

 

Jiangxi Gan Bei Tungsten Co., Ltd.

 

RMAP

292

 

Tungsten

 

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

 

Unknown

293

 

Tungsten

 

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

 

RMAP

294

 

Tungsten

 

Jiangxi Xinsheng Tungsten Industry Co., Ltd.

 

RMAP

295

 

Tungsten

 

Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.

 

RMAP

296

 

Tungsten

 

Jiangxi Yaosheng Tungsten Co., Ltd.

 

RMAP

297

 

Tungsten

 

Kennametal Fallon

 

RMAP

298

 

Tungsten

 

Kennametal Huntsville

 

RMAP

299

 

Tungsten

 

Malipo Haiyu Tungsten Co., Ltd.

 

RMAP

300

 

Tungsten

 

Moliren Ltd.

 

RMAP

301

 

Tungsten

 

Niagara Refining LLC

 

RMAP

 

11



 

 

 

Metal

 

Official Smelter Name

 

Conflict-Free
Certifications

302

 

Tungsten

 

Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC

 

RMAP

303

 

Tungsten

 

Philippine Chuangxin Industrial Co., Inc.

 

RMAP

304

 

Tungsten

 

South-East Nonferrous Metal Company Limited of Hengyang City

 

RMAP

305

 

Tungsten

 

Tejing (Vietnam) Tungsten Co., Ltd.

 

RMAP

306

 

Tungsten

 

Unecha Refractory Metals Plant

 

RMAP

307

 

Tungsten

 

Vietnam Youngsun Tungsten Industry Co., Ltd.

 

RMAP

308

 

Tungsten

 

Wolfram Bergbau und Hutten AG

 

RMAP

309

 

Tungsten

 

Woltech Korea Co., Ltd.

 

RMAP

310

 

Tungsten

 

Xiamen Tungsten (H.C.) Co., Ltd.

 

RMAP

311

 

Tungsten

 

Xiamen Tungsten Co., Ltd.

 

RMAP

312

 

Tungsten

 

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

 

RMAP

313

 

Tungsten

 

Xinhai Rendan Shaoguan Tungsten Co., Ltd.

 

RMAP

 

Certification Status:

 

1.              Responsible Minerals Assurance Process (RMAP)

 

·                  RMAP: The smelter has an active certification or is in the process of renewing their certification.

 

·                  RMAP -Active: The smelter is actively moving through the certification process.

 

2.              Responsible Gold Certificate: London Bullion Market Association (LBMA)

 

·                  LBMA: The smelter has obtained a Responsible Gold Certification.

 

3.              Chain of Custody Certificate: Responsible Jewelry Council (RJC)

 

·                  RJC: The smelter has obtained a Chain-of-Custody Certification.

 

Countries of origin for these SORs are believed to include:

 

Angola

Argentina

Armenia

Australia

Austria

Belarus

Belgium

Bermuda

Bolivia

Brazil

Burundi

 

12



 

Cambodia

Canada

Central African Republic

Chile

China

Colombia

Congo (Brazzaville)

Czech Republic

Djibouti

DRC- Congo (Kinshasa)

Ecuador

Egypt

Estonia

Ethiopia

Finland

France

Germany

Ghana

Guinea

Guyana

Hong Kong

Hungary

India

Indonesia

Ireland

Israel

Italy

Ivory Coast

Japan

Jersey

Kazakhstan

Kenya

Korea, Republic of

Kyrgyzstan

Laos

Luxembourg

Madagascar

Malaysia

Mali

Mexico

Mongolia

Morocco

Mozambique

 

13



 

Myanmar

Namibia

Netherlands

New Zealand

Niger

Nigeria

Papua New Guinea

Peru

Philippines

Poland

Portugal

Russian Federation

Rwanda

Saudi Arabia

Sierra Leone

Singapore

Slovakia

South Africa

South Sudan

Spain

Suriname

Sweden

Switzerland

Taiwan

Tajikistan

Tanzania

Thailand

Turkey

Uganda

United Arab Emirates

United Kingdom

United States

Uzbekistan

Viet Nam

Zambia

Zimbabwe

 

14



 

5.                                            Due Diligence Process

 

Helen of Troy’s due diligence process was designed to conform to the Organization for Economic Cooperation and Development (“OECD”) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas and accompanying Supplements(1). It is important to note that the OECD Guidance was written for both upstream(2) and downstream(3) companies in the supply chain. As Helen of Troy is a downstream company in the supply chain, due diligence practices were tailored accordingly.

 

·                  Step 1- Establish strong company management systems

 

Helen of Troy’s conflict minerals policy is publicly available at www.hotus.com. The Company utilizes an internal team comprised of representatives from the finance, legal and supply chain departments to communicate and manage compliance initiatives.  Team members work with the suppliers on a continual basis to maintain an open dialog and transparency in the procurement process. Findings are reported to senior management, as well as to the internal audit department.  The Company’s internal team efforts are supplemented with a third-party service provider’s extensive knowledge and experience, as well as training seminars on conflict minerals.

 

·                  Step 2- Identify and assess risk in the supply chain

 

The Company continues to refine its list of product categories and suppliers that may fall within the scope of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  Expectations with regard to supplier performance, transparency and sourcing are clearly communicated through supplier training.  Quality assessments with suppliers are being expanded to encompass compliance initiatives.  Suppliers are being encouraged to implement conflict mineral policies with their vendors.

 

·                  Step 3- Design and implement a strategy to respond to identified risks

 

Helen of Troy continues to make improvements on risk management.  As RCOI are conducted and additional information becomes available regarding components and materials being used in the Company’s products, potential risks can be tracked and mitigated.  The online platform maintained by SI allows Helen of Troy to access and analyze supplier responses as well as SOR information.  Any suppliers found to be sourcing from SORs that support conflict in the DRC region will be required to explore alternative sources.

 

·                  Step 4- Carry out independent third-party audit of supply chain due diligence at identified points in the supply chain

 


(1) OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, Supplement on Tin, Tantalum and Tungsten and Supplement on Gold, 2013; http://www.oecd.org/daf/inv/mne/GuidanceEdition2.pdf.

 

(2) Upstream companies refer to those between the mine and SORs. As such, the companies typically include miners, local traders, or exporters from the country of mineral origin, international concentrate traders and SORs.

 

(3) Downstream companies refer to those entities between the SORs and the retailer. As such, the companies typically include metal traders and exchanges, component manufacturers, product manufacturers, original equipment manufacturers and retailers.

 

15



 

As part of Helen of Troy’s due diligence, and in conjunction with SI, the Company relies upon the following internationally accepted audit standards to determine which SORs are considered DRC Conflict Free:  RMAP, LBMA and RJC.  If the SOR is not certified by these internationally-recognized schemes, attempts are made to contact the SOR to gain more information about their sourcing practices, including countries of origin and transfer, and whether there are any internal due diligence procedures in place or other processes to track the chain-of-custody on the source of the SOR’s 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.  Internet research is also performed to determine whether there are any outside sources of information regarding the SOR’s sourcing practices.

 

·                  Step 5- Report on supply chain due diligence

 

Helen of Troy reports annually on supply chain due diligence through the Form SD and this CMR filed with the Securities and Exchange Commission.  The Form SD is publicly available at www.hotus.com.

 

6.                                      Steps to Improve Due Diligence

 

Helen of Troy will endeavor to continuously improve upon its supply chain due diligence efforts via the following measures:

 

·                  Continue to assess the presence of 3TG in its supply chain

 

·                  Clearly communicate expectations with regard to supplier performance, transparency and sourcing

 

·                  Increase the response rate for the RCOI process

 

·                  Continue to compare RCOI results to information collected via independent conflict free smelter validation programs

 

7.                                      Product Determination

 

Based on its RCOI process, Helen of Troy is unable to determine whether or not various components/materials, which contribute to products sold by its business segments, are DRC conflict free.

 

8.                                      Independent Private Sector Audit

 

Based on Helen of Troy’s declaration, a private sector audit is not required.

 

16