Conflict minerals policy

Conflict Minerals Management Policy of Plaxys

We, Plaxys is aware of the importance of conflict minerals management,
and respect its multilateral efforts to investigate, monitor, stop activities
involving exploitation of natural resources that could be helped to illegally
armed groups and human rights violations in the Democratic Republic of
the Congo and adjoining countries.

Conflict materials are Tantalum, Tungsten, Tin, and Gold which
the illegal armed groups use forced labor to mine.

Plaxys respects the dignity and importance of human rights.
Because ‘conflict minerals’ can sometimes make their way into the supply chains,
Plaxys will not purchase any natural ores containing Tantalum, Tungsten, Tin, or Gold.

Plaxys will also only purchase materials containing these elements from
verifiable sources known not to use conflict ores in the production of metals.

Therefore, as part of our company’s commitment to corporate responsibility and
respecting human rights in our own operations, we will only procure raw materials that can be verified as not originating from conflict sources.

In support of the above, Plaxys will:

  1. 01

    Exercise due diligence with relevant suppliers consistent with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas and encourage our suppliers to do likewise with their suppliers

  2. 02

    Provide, and expect our suppliers to cooperate in providing, due diligence information to confirm the conflict mineral(s) in our supply-chain does not support conflict.

  3. 03

    Immediately discontinue engagement with suppliers who pose a reasonable risk to be supporting conflict.

  4. 04

    Commit to transparency in the implementation of this policy by making available reports on our progress to our customers, relevant stakeholders and the public (as required).