Dear Valued Customer,
As you know, Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Section 1502”) required the Securities and Exchange Commission (SEC) to issue new disclosure and reporting obligations for issuers concerning minerals that directly or indirectly finance or benefit armed groups in the Democratic Republic of the Congo (DRC) or in adjoining countries (“conflict minerals”). In August 2012, the SEC adopted rules implementing these requirements.
Nexus Technology is committed to sourcing components and materials from companies that share our values regarding respect for human rights, integrity and environmental responsibility. Nexus is also committed to complying with Section 1502, in particular by complying with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (http://www.oecd.org/daf/inv/mne/GuidanceEdition2.pdf), which provides guidance to suppliers in establishing policies, due diligence frameworks and management systems. In addition, the Electronics Industry Citizenship Coalition (EICC) and the Global e-Sustainability Initiative (GeSi) have collaborated to develop a reporting template intended to standardize and facilitate the collection and communication of information necessary to document the countries of origin from which a supplier sources tin, tantalum, tungsten and gold, and to document the compliance structure that such supplier has implemented.
Nexus Technology is requiring that its suppliers (1) commit to being or becoming “conflict-free” (which means that such supplier does not source conflict minerals) and sourcing only from conflict-free smelters, and (2) provide to Nexus Technology completed declarations (using the EICC-GeSI reporting template) evidencing such commitment and documenting the countries of origin from which the supplier directly or indirectly sources tin, tantalum, tungsten and gold, as well as the compliance structure that the supplier has implemented.