Conflict Minerals Statement
Implementing Dodd-Frank Act
On August 22, 2012,the US Securities and Exchange Commission (SEC) passed Article No. 1502 of the “Dodd-Frank Wall Street Reform and Consumer Protection Act”, the final edition with regard to “Conflict minerals” procurement. The rule requires companies are listed on U.S. stock exchanges to make reasonable inquiries, and depending on the circumstances, undertake further due diligence to try to determine the source and chain of custody of conflict minerals that may be used in their products, though Hitron does not purchase any raw 3TG material but abiding material vendors whether any such conflict minerals originate and finance armed groups in the Democratic Republic of the Congo (DRC) or adjoining countries. The conflict minerals are tin, tantalum, tungsten and gold (also known as 3TG).
Taking Social Responsibility
With our corporate social responsibility practice, Hitron addresses our statement with the standardized self-management approach to avoid use of metallic materials such as, gold, tantalum, tungsten, tin, etc, which are often used in electronic products, from the conflict area such as Democratic Republic of the Congo and its neighboring areas where environment and human rights are neglected per the EICC/GeSI Conflict Minerals Reporting Template of the Electronic Industry Citizenship Coalition (EICC).
We incorporate in our standard supplier contracts, our Supplier Code of Conduct and our supplier expectations provisions that require our suppliers to adopt a policy on the responsible sourcing of minerals; implement due diligence processes to support that policy and take social and environmental protection responsibilities; and Understand in-depth the management condition of the conflict minerals by suppliers and investigate per the EICC/GeSI Conflict Minerals Reporting Template.
Our Expectations for Suppliers
Specifically, Hitron expects each of our suppliers to do all of the following:
• Adopt a policy of responsible sourcing of minerals and pass this requirement through its supply chain;
• Implement due diligence processes and mitigation plans to support that policy;
• Source materials from socially responsible suppliers; and Complete and return to us the CMRT in a timely manner and provide us all other information we may request regarding the sourcing of minerals in products they supply.
If Hitron becomes aware of a supplier who is not in compliance with the supplier expectations set forth in this policy, then we will follow our escalation process and take the appropriate actions to remedy the situation, including possible discontinuance of the supplier relationship.