Exhibit 1.01
Conflict Minerals Report of Sequans Communications S.A.
in Accordance with Rule 13p-1 under the Securities Exchange Act of 1934
This is the Conflict Minerals Report of Sequans Communications S.A. (“Sequans” or the “Company”) for calendar year 2020 in accordance with Rule 13p-1 (“Rule 13p-1”) under the Securities Exchange Act of 1934 (the “1934 Act”). Please refer to Rule 13p-1, Form SD and the 1934 Act Release No. 34-67716 for definitions of the terms used in this Report, unless otherwise defined herein.
Sequans Communications S.A. is a leader in the fabless semiconductor business and a developer and supplier of integrated circuits supporting single-mode LTE chipset solutions and certain system-in-package modules.
Due Diligence
Overview: Conflict minerals are necessary to the functionality or production of semiconductor and module products that Sequans contracts to be manufactured (“In-Scope Products”). For calendar year 2020, Sequans completed due diligence that encompassed:
•establishing the extent to which gold, columbite-tantalite (coltan), cassiterite or wolframite, including their derivatives tantalum, tin and tungsten ("3TG") are present in some or all of its products;
•a reasonable country of origin inquiry (“RCOI”) regarding conflict minerals in the In-Scope Products that was reasonably designed to determine whether any of the conflict minerals originated in the Democratic Republic of the Congo or an adjoining country (“Covered Country”) or are from recycled or scrap sources; and
•measures to exercise due diligence on the source and chain of custody of those conflict minerals.
The Company’s due diligence exercise was based on the Organization for Economic Co-operation and Development’s Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
Central elements of the Company’s due diligence exercise included:
•maintenance of an internal Sequans team to execute the exercise, including the Operations Director, CFO, other members of the Company's Risk Committee and external specialists, as required;
•the ongoing development of its conflict minerals policy and processes designed to assure continuing compliance with Rule 13p-1. The Company’s processes are designed to respond to current, and new, risks in the supply chain;
•identification of the In-Scope Products;
•identification of suppliers of the In-Scope Products; and
•completion of a survey of those suppliers.
To strengthen the above elements, additional personnel were made aware and trained, in more detail, of the requirements of the legislation, Sequans’ policies and the necessary due diligence and processes. Following staff changes, compliance work is managed by a combination of employees and an external specialist contractor. Sequans has identified staff members who will bring compliance activity fully in-house. Sequans expects to complete training of Sequans’ personnel during 2021 to facilitate bringing all compliance activity in-house.
Work with Suppliers: Sequans is several levels removed from the actual mining of conflict minerals. The Company does not make purchases of raw ore or unrefined conflict minerals and generally makes no purchases in the Covered Countries.
Sequans uses the Responsible Minerals Initiative’s (“RMI”) Conflict Minerals Reporting Template (the “Template”) to survey suppliers. Sequans and suppliers used CMRT version 6.01 of the Template for the compilation of this report. On the release of version 6.1, Sequans updated its CMRT Template to that version. This report comports with changes included in version 6.1. The Company worked with direct suppliers of materials containing conflict minerals, using the Template as a supply chain survey, to identify the smelters and refiners ("SORs") that provide those conflict minerals to the Company’s suppliers. Initial work and enquiries in respect of calendar year 2020 commenced during the fourth calendar quarter of 2020. Upon determination that all the Company’s products do, or might, contain 3TG, Sequans asked all direct suppliers of materials for such products and related services to complete the Template or provide declarations regarding their use and the sources of 3TG. All suppliers responded. If any inconsistencies were identified, Sequans requested clarification from the suppliers concerned. Based on suppliers’ responses, Sequans was able to determine the country of origin of the conflict minerals used in some but not all the In-Scope Products.
Sequans compared the SORs identified in the supply chain survey against the list of smelter facilities which have been identified as conformant by programs such as the CFS/RMI program for conflict minerals, during the reporting period. Identified SORs were validated against the conformant smelter list issued by the RMI on May 5, 2021.
Product Description and Related Matters
Description of In-Scope Products: The In-Scope Products are integrated circuits (semiconductors) supporting single-mode LTE chipset solutions and certain system-in-package modules.
Facilities Used to Process Necessary Conflict Minerals in In-Scope Products:
Sequans has identified in its supply chain:
111 facilities for the SOR of Gold, of which 109 facilities are RMI conformant, are no longer operating as SORs, or are being re-audited(1).
35 facilities for the SOR of Tantalum, all of which are RMI conformant.
55 facilities for the SOR of Tin, all of which are RMI conformant, are no longer operating as SORs, or are being re-audited.
43 facilities for the SOR of Tungsten, all of which are RMI conformant, are no longer operating as SORs, or are being re-audited.
(1) One non-conformant SOR has had its 2020/2021 audit delayed as a result of Covid-19 restrictions. Sequans has taken no action, pending the audit result. Sequans has requested that certain suppliers remove a second non-conformant SOR from their supply chain until such time as that SOR is successfully audited.
The following is the list of SORs that have been reported to Sequans:
Smelter Identification Number | Metal (*) | Smelter Look-up (*) | ||||||
CID000015 | Gold | Advanced Chemical Company | ||||||
CID000019 | Gold | Aida Chemical Industries Co., Ltd. | ||||||
CID000035 | Gold | Allgemeine Gold-und Silberscheideanstalt A.G. | ||||||
CID000041 | Gold | Almalyk Mining and Metallurgical Complex (AMMC) | ||||||
CID000058 | Gold | AngloGold Ashanti Corrego do Sitio Mineracao | ||||||
CID000077 | Gold | Argor-Heraeus S.A. | ||||||
CID000082 | Gold | Asahi Pretec Corp. | ||||||
CID000090 | Gold | Asaka Riken Co., Ltd. | ||||||
CID000113 | Gold | Aurubis AG | ||||||
CID000128 | Gold | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | ||||||
CID000157 | Gold | Boliden AB | ||||||
CID000176 | Gold | C. Hafner GmbH + Co. KG | ||||||
CID000185 | Gold | CCR Refinery - Glencore Canada Corporation | ||||||
CID000189 | Gold | Cendres + Metaux S.A. | ||||||
CID000233 | Gold | Chimet S.p.A. | ||||||
CID000264 | Gold | Chugai Mining | ||||||
CID000343 | Gold | Daye Non-Ferrous Metals Mining Ltd. | ||||||
CID000359 | Gold | DSC (Do Sung Corporation) | ||||||
CID000362 | Gold | DODUCO Contacts and Refining GmbH | ||||||
CID000401 | Gold | Dowa | ||||||
CID000425 | Gold | Eco-System Recycling Co., Ltd. | ||||||
CID000493 | Gold | OJSC Novosibirsk Refinery | ||||||
CID000689 | Gold | HeeSung Metal Ltd. | ||||||
CID000694 | Gold | Heimerle + Meule GmbH | ||||||
CID000707 | Gold | Heraeus Metals Hong Kong Ltd. | ||||||
CID000711 | Gold | Heraeus Precious Metals GmbH & Co. KG | ||||||
CID000801 | Gold | Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | ||||||
CID000807 | Gold | Ishifuku Metal Industry Co., Ltd. | ||||||
CID000814 | Gold | Istanbul Gold Refinery | ||||||
CID000823 | Gold | Japan Mint | ||||||
CID000855 | Gold | Jiangxi Copper Co., Ltd. | ||||||
CID000920 | Gold | Asahi Refining USA Inc. | ||||||
CID000924 | Gold | Asahi Refining Canada Ltd. | ||||||
CID000929 | Gold | JSC Uralelectromed | ||||||
CID000937 | Gold | JX Nippon Mining & Metals Co., Ltd. | ||||||
CID000957 | Gold | Kazzinc | ||||||
CID000969 | Gold | Kennecott Utah Copper LLC | ||||||
CID000981 | Gold | Kojima Chemicals Co., Ltd. | ||||||
CID001029 | Gold | Kyrgyzaltyn JSC | ||||||
CID001078 | Gold | LS-NIKKO Copper Inc. | ||||||
CID001113 | Gold | Materion | ||||||
CID001119 | Gold | Matsuda Sangyo Co., Ltd. | ||||||
CID001147 | Gold | Metalor Technologies (Suzhou) Ltd. | ||||||
CID001149 | Gold | Metalor Technologies (Hong Kong) Ltd. | ||||||
CID001152 | Gold | Metalor Technologies (Singapore) Pte., Ltd. |
CID001153 | Gold | Metalor Technologies S.A. | ||||||
CID001157 | Gold | Metalor USA Refining Corporation | ||||||
CID001161 | Gold | Metalurgica Met-Mex Penoles S.A. De C.V. | ||||||
CID001188 | Gold | Mitsubishi Materials Corporation | ||||||
CID001193 | Gold | Mitsui Mining and Smelting Co., Ltd. | ||||||
CID001204 | Gold | Moscow Special Alloys Processing Plant | ||||||
CID001220 | Gold | Nadir Metal Rafineri San. Ve Tic. A.S. | ||||||
CID001236 | Gold | Navoi Mining and Metallurgical Combinat | ||||||
CID001259 | Gold | Nihon Material Co., Ltd. | ||||||
CID001325 | Gold | Ohura Precious Metal Industry Co., Ltd. | ||||||
CID001326 | Gold | OJSC "The Gulidov Krasnoyarsk Non-Ferrous Metals Plant" (OJSC Krastsvetmet) | ||||||
CID001352 | Gold | PAMP S.A. | ||||||
CID001386 | Gold | Prioksky Plant of Non-Ferrous Metals | ||||||
CID001397 | Gold | PT Aneka Tambang (Persero) Tbk | ||||||
CID001498 | Gold | PX Precinox S.A. | ||||||
CID001512 | Gold | Rand Refinery (Pty) Ltd. | ||||||
CID001534 | Gold | Royal Canadian Mint | ||||||
CID001555 | Gold | Samduck Precious Metals | ||||||
CID001585 | Gold | SEMPSA Joyeria Plateria S.A. | ||||||
CID001622 | Gold | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | ||||||
CID001736 | Gold | Sichuan Tianze Precious Metals Co., Ltd. | ||||||
CID001756 | Gold | SOE Shyolkovsky Factory of Secondary Precious Metals | ||||||
CID001761 | Gold | Solar Applied Materials Technology Corp. | ||||||
CID001798 | Gold | Sumitomo Metal Mining Co., Ltd. | ||||||
CID001875 | Gold | Tanaka Kikinzoku Kogyo K.K. | ||||||
CID001909 | Gold | Great Wall Precious Metals Co., Ltd. of CBPM | ||||||
CID001916 | Gold | The Refinery of Shandong Gold Mining Co., Ltd. | ||||||
CID001938 | Gold | Tokuriki Honten Co., Ltd. | ||||||
CID001955 | Gold | Torecom | ||||||
CID001977 | Gold | Umicore Brasil Ltda. | ||||||
CID001980 | Gold | Umicore S.A. Business Unit Precious Metals Refining | ||||||
CID001993 | Gold | United Precious Metal Refining, Inc. | ||||||
CID002003 | Gold | Valcambi S.A. | ||||||
CID002030 | Gold | Western Australian Mint (T/a The Perth Mint) | ||||||
CID002100 | Gold | Yamakin Co., Ltd. | ||||||
CID002129 | Gold | Yokohama Metal Co., Ltd. | ||||||
CID002224 | Gold | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | ||||||
CID002243 | Gold | Gold Refinery of Zijin Mining Group Co., Ltd. | ||||||
CID002290 | Gold | SAFINA A.S. | ||||||
CID002314 | Gold | Umicore Precious Metals Thailand | ||||||
CID002459 | Gold | Geib Refining Corporation | ||||||
CID002509 | Gold | MMTC-PAMP India Pvt., Ltd. | ||||||
CID002511 | Gold | KGHM Polska Miedz Spolka Akcyjna | ||||||
CID002516 | Gold | Singway Technology Co., Ltd. | ||||||
CID002560 | Gold | Al Etihad Gold LLC | ||||||
CID002561 | Gold | Emirates Gold DMCC | ||||||
CID002580 | Gold | T.C.A S.p.A | ||||||
CID002582 | Gold | REMONDIS PMR B.V. |
CID002605 | Gold | Korea Zinc Co., Ltd. | ||||||
CID002606 | Gold | Marsam Metals | ||||||
CID002615 | Gold | TOO Tau-Ken-Altyn | ||||||
CID002761 | Gold | SAAMP | ||||||
CID002762 | Gold | L'Orfebre S.A. | ||||||
CID002763 | Gold | 8853 S.p.A. | ||||||
CID002765 | Gold | Italpreziosi | ||||||
CID002777 | Gold | SAXONIA Edelmetalle GmbH | ||||||
CID002778 | Gold | WIELAND Edelmetalle GmbH | ||||||
CID002779 | Gold | Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH | ||||||
CID002850 | Gold | AU Traders and Refiners | ||||||
CID002863 | Gold | Bangalore Refinery | ||||||
CID002918 | Gold | SungEel HiMetal Co., Ltd. | ||||||
CID002919 | Gold | Planta Recuperadora de Metales SpA | ||||||
CID002973 | Gold | Safimet S.p.A | ||||||
CID003195 | Gold | DS PRETECH Co., Ltd. | ||||||
CID003424 | Gold | Eco-System Recycling Co., Ltd. North Plant | ||||||
CID003425 | Gold | Eco-System Recycling Co., Ltd. West Plant | ||||||
CID000092 | Tantalum | Asaka Riken Co., Ltd. | ||||||
CID000211 | Tantalum | Changsha South Tantalum Niobium Co., Ltd. | ||||||
CID000456 | Tantalum | Exotech Inc. | ||||||
CID000460 | Tantalum | F&X Electro-Materials Ltd. | ||||||
CID000616 | Tantalum | Guangdong Zhiyuan New Material Co., Ltd. | ||||||
CID000914 | Tantalum | JiuJiang JinXin Nonferrous Metals Co., Ltd. | ||||||
CID000917 | Tantalum | Jiujiang Nonferrous Metals Smelting Company Limited | ||||||
CID001076 | Tantalum | LSM Brasil S.A. | ||||||
CID001163 | Tantalum | Metallurgical Products India Pvt., Ltd. | ||||||
CID001192 | Tantalum | Mitsui Mining and Smelting Co., Ltd. | ||||||
CID001200 | Tantalum | NPM Silmet AS | ||||||
CID001277 | Tantalum | Ningxia Orient Tantalum Industry Co., Ltd. | ||||||
CID001508 | Tantalum | QuantumClean | ||||||
CID001522 | Tantalum | RFH Tantalum Smeltery Co., Ltd./Yanling Jincheng Tantalum & Niobium Co., Ltd. | ||||||
CID001769 | Tantalum | Solikamsk Magnesium Works OAO | ||||||
CID001869 | Tantalum | Taki Chemical Co., Ltd. | ||||||
CID001891 | Tantalum | Telex Metals | ||||||
CID001969 | Tantalum | Ulba Metallurgical Plant JSC | ||||||
CID002492 | Tantalum | Hengyang King Xing Lifeng New Materials Co., Ltd. | ||||||
CID002504 | Tantalum | D Block Metals, LLC | ||||||
CID002505 | Tantalum | FIR Metals & Resource Ltd. | ||||||
CID002506 | Tantalum | Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | ||||||
CID002508 | Tantalum | XinXing HaoRong Electronic Material Co., Ltd. | ||||||
CID002512 | Tantalum | Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | ||||||
CID002539 | Tantalum | KEMET Blue Metals | ||||||
CID002544 | Tantalum | H.C. Starck Co., Ltd. | ||||||
CID002545 | Tantalum | H.C. Starck Tantalum and Niobium GmbH | ||||||
CID002547 | Tantalum | H.C. Starck Hermsdorf GmbH | ||||||
CID002548 | Tantalum | H.C. Starck Inc. | ||||||
CID002549 | Tantalum | H.C. Starck Ltd. |
CID002550 | Tantalum | H.C. Starck Smelting GmbH & Co. KG | ||||||
CID002557 | Tantalum | Global Advanced Metals Boyertown | ||||||
CID002558 | Tantalum | Global Advanced Metals Aizu | ||||||
CID002842 | Tantalum | Jiangxi Tuohong New Raw Material | ||||||
CID002847 | Tantalum | Power Resources Ltd. | ||||||
CID000228 | Tin | Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | ||||||
CID000292 | Tin | Alpha | ||||||
CID000402 | Tin | Dowa | ||||||
CID000438 | Tin | EM Vinto | ||||||
CID000468 | Tin | Fenix Metals | ||||||
CID000538 | Tin | Gejiu Non-Ferrous Metal Processing Co., Ltd. | ||||||
CID000555 | Tin | Gejiu Zili Mining And Metallurgy Co., Ltd. | ||||||
CID000760 | Tin | Huichang Jinshunda Tin Co., Ltd. | ||||||
CID000942 | Tin | Gejiu Kai Meng Industry and Trade LLC | ||||||
CID001070 | Tin | China Tin Group Co., Ltd. | ||||||
CID001105 | Tin | Malaysia Smelting Corporation (MSC) | ||||||
CID001142 | Tin | Metallic Resources, Inc. | ||||||
CID001173 | Tin | Mineracao Taboca S.A. | ||||||
CID001182 | Tin | Minsur | ||||||
CID001191 | Tin | Mitsubishi Materials Corporation | ||||||
CID001231 | Tin | Nankang Nanshan Tin Manufactory Co., Ltd. | ||||||
CID001314 | Tin | O.M. Manufacturing (Thailand) Co., Ltd. | ||||||
CID001337 | Tin | Operaciones Metalurgical S.A. | ||||||
CID001399 | Tin | PT Artha Cipta Langgeng | ||||||
CID001406 | Tin | PT Babel Surya Alam Lestari | ||||||
CID001453 | Tin | PT Mitra Stania Prima | ||||||
CID001458 | Tin | PT Prima Timah Utama | ||||||
CID001460 | Tin | PT Refined Bangka Tin | ||||||
CID001468 | Tin | PT Stanindo Inti Perkasa | ||||||
CID001477 | Tin | PT Timah (Persero) Tbk Kundur | ||||||
CID001482 | Tin | PT Timah (Persero) Tbk Mentok | ||||||
CID001539 | Tin | Rui Da Hung | ||||||
CID001758 | Tin | Soft Metais Ltda. | ||||||
CID001898 | Tin | Thaisarco | ||||||
CID001908 | Tin | Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | ||||||
CID002036 | Tin | White Solder Metalurgia e Mineracao Ltda. | ||||||
CID002158 | Tin | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | ||||||
CID002180 | Tin | Yunnan Tin Company Limited | ||||||
CID002468 | Tin | Magnu's Minerais Metais e Ligas Ltda. | ||||||
CID002500 | Tin | Melt Metais e Ligas S.A. | ||||||
CID002503 | Tin | PT ATD Makmur Mandiri Jaya | ||||||
CID002517 | Tin | O.M. Manufacturing Philippines, Inc. | ||||||
CID002593 | Tin | CV Tiga Sekawan | ||||||
CID002706 | Tin | Resind Industria e Comercio Ltda. | ||||||
CID002773 | Tin | Metallo Belgium N.V. | ||||||
CID002774 | Tin | Metallo Spain S.L.U. | ||||||
CID002834 | Tin | Thai Nguyen Mining and Metallurgy Co., Ltd. | ||||||
CID002835 | Tin | PT Menara Cipta Mulia | ||||||
CID002844 | Tin | HuiChang Hill Tin Industry Co., Ltd. |
CID002848 | Tin | Gejiu Fengming Metallurgy Chemical Plant | ||||||
CID002849 | Tin | Guanyang Guida Nonferrous Metal Smelting Plant | ||||||
CID003116 | Tin | Guangdong Hanhe Non-Ferrous Metal Co., Ltd. | ||||||
CID003190 | Tin | Chifeng Dajingzi Tin Industry Co., Ltd. | ||||||
CID003205 | Tin | PT Bangka Serumpun | ||||||
CID003325 | Tin | Tin Technology & Refining | ||||||
CID003379 | Tin | Ma'anshan Weitai Tin Co., Ltd. | ||||||
CID003381 | Tin | PT Rajawali Rimba Perkasa | ||||||
CID003387 | Tin | Luna Smelter, Ltd. | ||||||
CID003397 | Tin | Yunnan Yunfan Non-ferrous Metals Co., Ltd. | ||||||
CID000004 | Tungsten | A.L.M.T. TUNGSTEN Corp. | ||||||
CID000105 | Tungsten | Kennametal Huntsville | ||||||
CID000218 | Tungsten | Guangdong Xianglu Tungsten Co., Ltd. | ||||||
CID000258 | Tungsten | Chongyi Zhangyuan Tungsten Co., Ltd. | ||||||
CID000499 | Tungsten | Fujian Jinxin Tungsten Co., Ltd. | ||||||
CID000568 | Tungsten | Global Tungsten & Powders Corp. | ||||||
CID000766 | Tungsten | Hunan Chenzhou Mining Co., Ltd. | ||||||
CID000769 | Tungsten | Hunan Chunchang Nonferrous Metals Co., Ltd. | ||||||
CID000825 | Tungsten | Japan New Metals Co., Ltd. | ||||||
CID000875 | Tungsten | Ganzhou Huaxing Tungsten Products Co., Ltd. | ||||||
CID000966 | Tungsten | Kennametal Fallon | ||||||
CID001889 | Tungsten | Tejing (Vietnam) Tungsten Co., Ltd. | ||||||
CID002044 | Tungsten | Wolfram Bergbau und Hutten AG | ||||||
CID002082 | Tungsten | Xiamen Tungsten Co., Ltd. | ||||||
CID002095 | Tungsten | Xinhai Rendan Shaoguan Tungsten Co., Ltd. | ||||||
CID002315 | Tungsten | Ganzhou Jiangwu Ferrotungsten Co., Ltd. | ||||||
CID002316 | Tungsten | Jiangxi Yaosheng Tungsten Co., Ltd. | ||||||
CID002317 | Tungsten | Jiangxi Xinsheng Tungsten Industry Co., Ltd. | ||||||
CID002318 | Tungsten | Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | ||||||
CID002319 | Tungsten | Malipo Haiyu Tungsten Co., Ltd. | ||||||
CID002320 | Tungsten | Xiamen Tungsten (H.C.) Co., Ltd. | ||||||
CID002321 | Tungsten | Jiangxi Gan Bei Tungsten Co., Ltd. | ||||||
CID002494 | Tungsten | Ganzhou Seadragon W & Mo Co., Ltd. | ||||||
CID002502 | Tungsten | Asia Tungsten Products Vietnam Ltd. | ||||||
CID002513 | Tungsten | Chenzhou Diamond Tungsten Products Co., Ltd. | ||||||
CID002541 | Tungsten | H.C. Starck Tungsten GmbH | ||||||
CID002542 | Tungsten | H.C. Starck Smelting GmbH & Co. KG | ||||||
CID002543 | Tungsten | Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC | ||||||
CID002551 | Tungsten | Jiangwu H.C. Starck Tungsten Products Co., Ltd. | ||||||
CID002579 | Tungsten | Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji | ||||||
CID002589 | Tungsten | Niagara Refining LLC | ||||||
CID002645 | Tungsten | Ganzhou Haichuang Tungsten Co., Ltd. | ||||||
CID002649 | Tungsten | Hydrometallurg, JSC | ||||||
CID002724 | Tungsten | Unecha Refractory metals plant | ||||||
CID002827 | Tungsten | Philippine Chuangxin Industrial Co., Inc. | ||||||
CID002830 | Tungsten | Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd. | ||||||
CID002833 | Tungsten | ACL Metais Eireli | ||||||
CID002843 | Tungsten | Woltech Korea Co., Ltd. | ||||||
CID002845 | Tungsten | Moliren Ltd. |
CID003182 | Tungsten | Hunan Litian Tungsten Industry Co., Ltd. | ||||||
CID003388 | Tungsten | KGETS Co., Ltd. | ||||||
CID003401 | Tungsten | Fujian Ganmin RareMetal Co., Ltd. | ||||||
CID003407 | Tungsten | Lianyou Metals Co., Ltd. |
More complete details are posted to the publicly available Internet site www.sequans.com (follow the http://www.sequans.com/investors/corporate-governance/ link) upon the filing of the Form SD. Note that this information may be updated and is therefore not limited to this reporting period.
Information About Country of Origin of Necessary Conflict Minerals Used in In-Scope Products:
Mines have been identified in the following countries as being sources of 3TG used in In-Scope Products;
Australia, Bolivia, Canada, China, Portugal, Russia, Spain, Vietnam.
In addition, some suppliers indicated that 3TG used in the In-Scope Products had originated in the DRC and adjoining countries without further specification. The Company has not otherwise been able to determine with reasonable certainty the countries of origin of the 3TG used in the In-Scope Products.
Forward-Looking Statements
Statements relating to due diligence process improvement made in this report, as well as certain other statements made in this report, are forward-looking in nature and are based on the Company’s management’s current expectations or beliefs. These forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors (such as whether industry organizations and initiatives such as the RMI remain effective as a source of external support in the conflict minerals compliance process and whether the results of the Company’s efforts to improve the due diligence process will be effective) that may be outside of the Company’s control and that could cause actual events to differ materially from those expressed or implied by the statements made herein.
Documents Incorporated by Reference
Unless otherwise stated herein, any documents, third-party materials or references to websites (including the Company’s) are not incorporated by reference in, or considered to be a part of, this report unless expressly incorporated by reference herein.