Policy on Conflict Minerals Due Diligence
GigaDevice Semiconductor Inc. (hereinafter referred to as "GigaDevice"), as a responsible enterprise, recognizes the potential material risks of significant adverse impacts associated with the extraction, trading, processing and export of mineral resources in conflict-affected and high-risk areas (CAHRAs). We acknowledge our obligation to respect human rights, refrain from fueling conflict and avoid causing negative impacts on the environment and society.
GigaDevice adheres to international conventions and industry initiatives, such as the International Bill of Human Rights, the United Nations Guiding Principles on Business and Human Rights, the OECD Due Diligence Guidance for Responsible Business Conduct, the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, and the Chinese Due Diligence Guidelines for Mineral Supply Chain. Upholding the enterprise values, GigaDevice is committed to assuming social responsibilities within the supply chain. We monitor regulations and compliance requirements related to conflict minerals in the regions where we operate and firmly oppose any procurement of illegal minerals that violate international regulations and human rights.
This Policy on Conflict Minerals Due Diligence applies to GigaDevice Semiconductor Inc. and all its wholly owned /majority-owned subsidiaries. The scope of conflict minerals includes, but is not limited to, tungsten (W), tin (Sn), tantalum (Ta), and gold (Au), with an extended scope covering raw materials or products containing cobalt (Co) and mica.
To achieve the target, we make the following commitments:
Establishing an internal management system in accordance with applicable laws, guiding principles and frameworks to support due diligence on the sourcing of conflict-affected minerals throughout the supply chain.
Requiring suppliers to fulfill their social and environmental responsibilities, perform due diligence on the source of metals to ensure that the supply chains of the components, assemblies and products they provide are free from conflict-affected mineral risks. Suppliers are expected to submit the Conflict Minerals Reporting Template (CMRT) and Extended Minerals Reporting Template (EMRT), as well as guarantee the authenticity, accuracy, relevance, legality, and completeness of the responses and materials they provided. GigaDevice is committed to identifying and managing the following risks in the operation and management of its supply chain: human rights abuses or serious human rights abuses associated with mineral extraction, transport, trade or processing of minerals; direct or indirect support to non-state armed groups or public/private security forces; bribery and fraudulent misrepresentation of mineral origin; money laundering; and non-compliance related to payments of taxes, fees, and royalties to governments.
We do not tolerate any direct or indirect support to non-state armed groups through mineral extraction, transport, trade, processing, or export. In the event of any changes in the sources of conflict-affected mineral raw materials, or the identification of any red flags indicating risks in the supply chains of products, parts or components, GigaDevice commits to cooperating in subsequent due diligence investigations and mitigating the identified risks within a defined timeframe.
Conducting regular reviews over suppliers and verifying the evidence obtained from supplier supply chain risk assessments. This includes tracing the origin of conflict minerals contained in products and validating information through interviews, on-site inspections and document reviews, among other methods, to evaluate potential risks related to conflict minerals in the supply chain.
Continuously improving our transparency mechanisms, regularly updating our progress on conflict mineral traceability and risk management, as well as actively disclosing investigation results on conflict minerals. GigaDevice remains committed to supply chain management.
