UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
SPECIALIZED DISCLOSURE REPORT
TEXAS INSTRUMENTS INCORPORATED
(Exact Name of Registrant as Specified in Its Charter)
Delaware | 001-03761 | |
(State of incorporation) | (Commission File Number) | |
12500 TI Boulevard, Dallas, Texas | 75243 | |
(Address of principal executive offices) | (Zip code) |
Tifany Wilson, 214-479-3773
(Name and telephone, including area code, of the person to contact in connection with this report)
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
☒ | Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2022. |
☐ | Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ending December 31, 2022. |
Section 1 Conflict Minerals Disclosure
ITEM 1.01 Conflict Minerals Disclosure and Report
This Form SD should be read in conjunction with the definitions contained in the U.S. Securities and Exchange Commission (SEC) instructions to Form SD and related rules. Conflict minerals refers to four specific metals regardless of their country of origin or whether they are financing or benefiting armed conflict: tantalum, tin, tungsten and gold.
With respect to conflict minerals necessary to the functionality or production of products manufactured by Texas Instruments Incorporated (TI), or contracted by TI to be manufactured, and required to be reported on Form SD for 2022 (collectively, CMs), we exercised due diligence concerning the source and chain of custody of the CMs. For a description of our due diligence (which included a reasonable country of origin inquiry), please see our Conflict Minerals Report (Exhibit 1.01).
This Form SD is available on our web site at ti.com/conflict-minerals. We are not incorporating by reference the contents of our web site into this Form SD.
ITEM 1.02 Exhibit
The registrants Conflict Minerals Report for 2022 is attached hereto as Exhibit 1.01.
Section 2 Resource Extraction Issuer Disclosure
ITEM 2.01 Resource Extraction Issuer Disclosure and Report
Not applicable.
Section 3 Exhibits
ITEM 3.01 Exhibits
Exhibit 1.01 Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
TEXAS INSTRUMENTS INCORPORATED | ||||||
Date: May 31, 2023 | ||||||
BY: | /s/ Rafael R. Lizardi | |||||
Rafael R. Lizardi | ||||||
Senior Vice President and Chief Financial Officer |
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Exhibit 1.01
Conflict Minerals Report of Texas Instruments Incorporated
for the Year Ended December 31, 2022
This Conflict Minerals Report should be read in conjunction with the definitions contained in the U.S. Securities and Exchange Commission (SEC) instructions to Form SD and related rules. This Conflict Minerals Report and our conflict minerals policy are available on our web site at ti.com/conflict-minerals. We are not incorporating by reference the contents of our web site into this Conflict Minerals Report. Conflict minerals refers to four specific metals regardless of their country of origin or whether they are financing or benefiting armed conflict: tantalum, tin, tungsten and gold.
I. | Design of Due Diligence |
We have management systems and due diligence procedures (our CM Process) as a basis for supply-chain management and disclosure compliance relating to the conflict minerals necessary to the functionality or production of products manufactured by TI, or contracted by TI to be manufactured, and required to be reported for 2022 (collectively, CMs). We designed the CM Process with the intent to conform in all material respects with the five-step framework of the Organization for Economic Co-Operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (Third Edition):
Step 1: Establish strong company management systems
Step 2: Identify and assess risks in the supply chain
Step 3: Design and implement a strategy to respond to identified risks
Step 4: Carry out independent third-party audit of smelter/refiners due diligence practices
Step 5: Report annually on supply chain due diligence
II. | Reliance on Third-Party Data |
Our ability to determine the origin and chain of custody of CMs, and whether they directly or indirectly finance or benefit armed groups in the Democratic Republic of the Congo or any adjoining country (each a Covered Country) in any manner (the Conflict Status), is limited. Our supply chain for CMs is complex. In many cases, we are multiple steps removed from the smelter or refiner (Smelter), and we depend on information from our direct suppliers of materials that contain CMs and third-party manufacturers of our products that contain CMs (collectively, Suppliers) that themselves have incomplete information about the origin of the CMs incorporated in the products they supply to us.
To gain insight into the country of origin, chain of custody and Conflict Status of the CMs in our supply chain, we relied primarily on the findings of the Responsible Minerals Assurance Process (RMAP). The RMAP is a voluntary program in which an independent third party evaluates Smelters management systems and procurement practices and determines whether the Smelter has demonstrated that all the materials it processed originated from Conformant1 sources. The RMAP is overseen by the Responsible Minerals Initiative (RMI), which was established by members of the Responsible Business Alliance (RBA) and the Global e-Sustainability Initiative. TI is a member of the RBA and RMI.
III. | Due Diligence Measures Taken |
The measures we took to exercise due diligence on the source and chain of custody of our CMs are as follows:
Step 1: Establish strong company management systems
| Design and implement a conflict minerals policy; |
| Develop an organizational structure and processes intended to ensure that Suppliers are made aware of TIs policy on CMs and that information received by TI that is relevant to supply-chain due diligence reaches TI employees who have knowledge of the SEC disclosure requirements; |
1 | Conformant means a Smelter has successfully completed an assessment against the applicable RMAP standard or an equivalent cross-recognized assessment. |
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| Implement a process, which uses a reporting tool developed by the RMI and data gathered through the RMAP (as further described below), to achieve control and transparency over our CM supply chain and identify the risk that our products may contain CMs directly or indirectly financing or benefiting armed groups in any Covered Country; |
| Implement a mechanism for Suppliers and others to communicate to TI their concerns with respect to our CM Process; and |
| Rely on the RMAP to validate supply chain due diligence. |
Step 2: Identify and assess risks in the supply chain
| Communicate our CM policy to Suppliers; |
| Direct Suppliers to provide information concerning Smelters in their supply chains by completing and sending to us the Conflict Minerals Reporting Template (a tool developed by the RMI that provides a common means for suppliers to provide their customers with information on the source of conflict minerals); |
| Analyze Suppliers Conflict Minerals Reporting Template responses for completeness and internal consistency, and follow up with Suppliers in an effort to obtain more information and ensure accuracy of information; |
| Compare the information received from Suppliers with the data made available by the RMAP concerning the country of origin and Conflict Status of CMs processed or refined by Smelters; and |
| Review other source materials for Smelters that are not compliant with the RMI if we were unable to determine, on the basis of the information provided by Suppliers and RMAP data, (i) the facility and country of origin of the CMs supplied to us, (ii) the Conflict Status of the CMs and (iii) whether the CMs were from recycled or scrap sources. |
Step 3: Design and implement a strategy to respond to identified risks
| Adopt a risk management plan in response to identified risks while continuing to do business with Supplier or suspending/terminating dealings with Supplier; and |
| Communicate the risk management plan to senior management. |
Step 4: Carry out independent third-party audit of smelter/refiners due diligence practices
| Use information provided by independent third party audit programs, including the RMI, to confirm the existence and verify the OECD-conformance status of Smelters identified during due diligence. |
Step 5: Report annually on the supply chain due diligence
| Annually submit a Conflict Minerals Disclosure and Report to the SEC, which reports the results of TIs due diligence. This Conflict Minerals Report has been filed with the SEC and is available on our website at ti.com/conflict-minerals. |
IV. | Our Findings |
We have determined that 100% of the 218 Smelters in the supply chain for our integrated circuits (ICs) 2 were Conformant. Our determination is based on the finding that 100% of the Smelters identified to us by our Suppliers as being potentially in the supply chain for ICs in 2022 supplied CMs exclusively from Conformant sources. ICs accounted for approximately 91% of TI revenue in 2022.
Of the 232 Smelters identified for 2022 in our overall supply chain (including ICs as well as other products manufactured by or for TI), we have determined that the CMs potentially supplied to us by 97% of the Smelters were Conformant. Of the remaining 3% of the Smelters identified for 2022 (8 in total), 2 were designated as Active,3 3 were designated as Non-Conformant,4 and 3 were designated as RMI Due Diligence Review Unable to Proceed.5 In no instance did we find CMs in our supply chain to be from a source that, to our knowledge, was directly or indirectly financing or benefiting armed conflict in a Covered Country.
2 | Integrated circuits refers to finished semiconductor products that contain chips manufactured by or for TI and packaging subcomponents such as mold compounds, bond wires and lead frames. It excludes DLP® products, semiconductor modules and all other products manufactured by or for TI. |
3 | Active means a Smelter has committed to undergo an RMAP assessment, completed the relevant documents, and scheduled the on-site assessment. On February 13, 2023, 1 of the Smelters designated in this Report as Active (CV Venus Inti Perkasa) was moved to Conformant status by the RMI. |
4 | Non-Conformant means a Smelter has been independently assessed and found non-conformant with the relevant RMAP standard. As of February 9, 2023, 1 of the Smelters designated in this Report as Non-Conformant (Unecha Refractory metals plant) had been removed from our supply chain. |
5 | RMI Due Diligence Review Unable to Proceed is a designation for Smelters that have not met the threshold for the due diligence vetting process after a period of 6 months. As of February 9, 2023, the 3 smelters designated in this Report as RMI Due Diligence Review Unable to Proceed had all been removed from our supply chain. |
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In 2022, we continued our due diligence efforts with regard to Smelters that are not compliant with the RMI. While we primarily relied on information from our first-tier suppliers, in some cases we contacted Smelters for more complete information. That information, combined with information available through the RMI, provided us with greater insight into the Conflict Status of CMs identified as potentially in our supply chain.
We do not have complete information about the CMs in our entire supply chain. For 2022, approximately 75% of Suppliers identified Smelters in their supply chains on a company-wide, division or product-line basis, without specifying which Smelters were relevant to products they supplied to TI. (Accordingly, we refer in this Conflict Minerals Report to Smelters as being potentially in our supply chain and as CMs potentially supplied to TI.) Industry efforts to collect and verify CM origin information remain an inherent limitation. For Smelters that are designated as Active, their status is currently undeterminable because the RMAP assessments are not complete or have not yet been dispositioned by the RMI due to continued operational impacts from COVID-19. The results of our due diligence reflect these limitations. The Smelters identified by our Suppliers as potentially in our supply chain are listed in Appendix A hereto. Our efforts to determine the mine or location of origin of the CMs consisted of the due diligence measures described above.
V. | Product Scope |
In 2022, our products were divided into two reportable segments as described in our annual report on Form 10-K for the year ended December 31, 2022: Analog (consisting of Power and Signal Chain product lines) and Embedded Processing (including microcontrollers, digital signal processors, and applications processors). We report the results of our remaining business activities in Other. Other includes operating segments that do not meet the quantitative thresholds for individually reportable segments and cannot be aggregated with other operating segments (Other includes DLP® products, calculators, and certain custom semiconductors known as application-specific integrated circuits). For further information about our products, please see the description of our products in Item 1 of the Form 10-K, which description is incorporated herein by reference.
VI. | Risk-Mitigation Efforts |
Since the period covered by this Conflict Minerals Report, we have taken, or will take, the following steps to mitigate the risk that our CMs directly or indirectly finance or benefit armed groups in the Covered Countries:
| redistribute copies of our CM policy to Suppliers; |
| emphasize to Suppliers our expectation that they respond fully and promptly to our information requests; |
| instruct Suppliers to advise us if they determine that any person or entity in their supply chain is directly or indirectly financing or benefiting armed groups in the Covered Countries; |
| encourage Suppliers to direct all Smelters in their supply chains to participate in the RMAP or a similar third-party audit program; and |
| contact various Smelters directly for information if their operating status changed, their RMI status changed, or they have refused to participate in an RMI audit. |
VII. | Independent Private Sector Audit |
We obtained an independent private sector audit of this Conflict Minerals Report. The report by Crowe LLP is set forth as Appendix B to this Conflict Minerals Report.
[Intentionally blank]
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Appendix A
Included in this Appendix A are Smelters that were identified to us by our Suppliers as potentially in our supply chain for 2022. As explained in this Conflict Minerals Report, the presence of a Smelter on the lists in this Appendix A does not mean that TI products necessarily contained CMs processed by that Smelter.
1. | Table 1 Conformant Smelters: |
Listed below are the 224 Smelters identified to us by our Suppliers as potentially in our supply chain for 2022 that the RMAP has reported as compliant with its RMI standards. On that basis, we have determined that the CMs supplied by these Smelters were Conformant. The location information is as reported by the RMAP as of January 31, 2023.
* | Smelters that potentially supply the CMs for our ICs. |
Smelter |
Metal |
Country Location | ||||
1. | A.L.M.T. Corp.* | Tungsten | JAPAN | |||
2. | ACL Metais Eireli* | Tungsten | BRAZIL | |||
3. | Asia Tungsten Products Vietnam Ltd.* | Tungsten | VIETNAM | |||
4. | China Molybdenum Tungsten Co., Ltd.* | Tungsten | CHINA | |||
5. | Chongyi Zhangyuan Tungsten Co., Ltd.* | Tungsten | CHINA | |||
6. | Cronimet Brasil Ltda* | Tungsten | BRAZIL | |||
7. | Fujian Ganmin RareMetal Co., Ltd.* | Tungsten | CHINA | |||
8. | Fujian Xinlu Tungsten Co., Ltd. | Tungsten | CHINA | |||
9. | Ganzhou Haichuang Tungsten Co., Ltd.* | Tungsten | CHINA | |||
10. | Ganzhou Huaxing Tungsten Products Co., Ltd.* | Tungsten | CHINA | |||
11. | Ganzhou Jiangwu Ferrotungsten Co., Ltd.* | Tungsten | CHINA | |||
12. | Ganzhou Seadragon W & Mo Co., Ltd.* | Tungsten | CHINA | |||
13. | Global Tungsten & Powders Corp.* | Tungsten | UNITED STATES | |||
14. | Guangdong Xianglu Tungsten Co., Ltd.* | Tungsten | CHINA | |||
15. | H.C. Starck Tungsten GmbH* | Tungsten | GERMANY | |||
16. | Hubei Green Tungsten Co., Ltd. | Tungsten | CHINA | |||
17. | Hunan Chenzhou Mining Co., Ltd.* | Tungsten | CHINA | |||
18. | Hunan Jintai New Material Co., Ltd. * | Tungsten | CHINA | |||
19. | Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch* | Tungsten | CHINA | |||
20. | Japan New Metals Co., Ltd.* | Tungsten | JAPAN | |||
21. | Jiangwu H.C. Starck Tungsten Products Co., Ltd.* | Tungsten | CHINA | |||
22. | Jiangxi Gan Bei Tungsten Co., Ltd.* | Tungsten | CHINA | |||
23. | Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.* | Tungsten | CHINA | |||
24. | Jiangxi Xinsheng Tungsten Industry Co., Ltd.* | Tungsten | CHINA | |||
25. | Jiangxi Yaosheng Tungsten Co., Ltd.* | Tungsten | CHINA | |||
26. | Kennametal Fallon* | Tungsten | UNITED STATES | |||
27. | Kennametal Huntsville* | Tungsten | UNITED STATES | |||
28. | Lianyou Metals Co., Ltd.* | Tungsten | TAIWAN | |||
29. | Malipo Haiyu Tungsten Co., Ltd.* | Tungsten | CHINA | |||
30. | Masan High-Tech Materials* | Tungsten | VIETNAM | |||
31. | Moliren Ltd.* | Tungsten | RUSSIA |
| Subsequent to the date this data was reported, Moliren Ltd. was removed from our supply chain. |
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32. | Niagara Refining LLC* | Tungsten | UNITED STATES | |||
33. | Philippine Chuangxin Industrial Co., Inc.* | Tungsten | PHILIPPINES | |||
34. | TANIOBIS Smelting GmbH & Co. KG* | Tungsten | GERMANY | |||
35. | Wolfram Bergbau und Hütten AG* | Tungsten | AUSTRIA | |||
36. | Xiamen Tungsten (H.C.) Co., Ltd.* | Tungsten | CHINA | |||
37. | Xiamen Tungsten Co., Ltd.* | Tungsten | CHINA | |||
38. | Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.* | Tungsten | CHINA | |||
39. | Alpha* | Tin | UNITED STATES | |||
40. | Aurubis Beerse* | Tin | BELGIUM | |||
41. | Aurubis Berango* | Tin | SPAIN | |||
42. | Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.* | Tin | CHINA | |||
43. | Chifeng Dajingzi Tin Industry Co., Ltd.* | Tin | CHINA | |||
44. | China Tin Group Co., Ltd.* | Tin | CHINA | |||
45. | CRM Synergies | Tin | SPAIN | |||
46. | Dowa* | Tin | JAPAN | |||
47. | EM Vinto* | Tin | BOLIVIA | |||
48. | Estanho de Rondonia S.A.* | Tin | BRAZIL | |||
49. | Fabrica Auricchio Industria e Comercio Ltda. * | Tin | BRAZIL | |||
50. | Fenix Metals* | Tin | POLAND | |||
51. | Gejiu Non-Ferrous Metal Processing Co., Ltd.* | Tin | CHINA | |||
52. | Gejiu Zili Mining and Metallurgy Co., Ltd.* | Tin | CHINA | |||
53. | Guangdong Hanhe Non-Ferrous Metal Co., Ltd* | Tin | CHINA | |||
54. | Jiangxi New Nasan Technology Ltd.* | Tin | CHINA | |||
55. | Luna Smelter, Ltd.* | Tin | RWANDA | |||
56. | Magnus Minerais Metais e Ligas Ltda.* | Tin | BRAZIL | |||
57. | Malaysia Smelting Corporation (MSC)* | Tin | MALAYSIA | |||
58. | Metallic Resources, Inc.* | Tin | UNITED STATES | |||
59. | Mineração Taboca S.A.* | Tin | BRAZIL | |||
60. | Minsur* | Tin | PERU | |||
61. | Mitsubishi Materials Corporation* | Tin | JAPAN | |||
62. | O.M. Manufacturing Philippines, Inc.* | Tin | PHILIPPINES | |||
63. | O.M. Manufacturing (Thailand) Co., Ltd.* | Tin | THAILAND | |||
64. | Operaciones Metalurgical S.A.* | Tin | BOLIVIA | |||
65. | PT Aries Kencana Sejahtera | Tin | INDONESIA | |||
66. | PT Artha Cipta Langgeng* | Tin | INDONESIA | |||
67. | PT ATD Makmur Mandiri Jaya* | Tin | INDONESIA | |||
68. | PT Babel Inti Perkasa* | Tin | INDONESIA | |||
69. | PT Babel Surya Alam Lestari* | Tin | INDONESIA | |||
70. | PT Bangka Serumpun* | Tin | INDONESIA | |||
71. | PT Bukit Timah* | Tin | INDONESIA | |||
72. | PT Cipta Persada Mulia* | Tin | INDONESIA | |||
73. | PT Menara Cipta Mulia* | Tin | INDONESIA | |||
74. | PT Mitra Stania Prima* | Tin | INDONESIA | |||
75. | PT Mitra Sukses Globalindo | Tin | INDONESIA | |||
76. | PT Prima Timah Utama* | Tin | INDONESIA |
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77. | PT Putera Sarana Shakti (PT PSS) * | Tin | INDONESIA | |||
78. | PT Rajawali Rimba Perkasa* | Tin | INDONESIA | |||
79. |
PT Refined Bangka Tin* |
Tin |
INDONESIA | |||
80. |
PT Sariwiguna Bina Sentosa* |
Tin |
INDONESIA | |||
81. |
PT Stanindo Inti Perkasa* |
Tin |
INDONESIA | |||
82. |
PT Sukses Inti Makmur* |
Tin |
INDONESIA | |||
83. |
PT Timah Tbk Kundur* |
Tin |
INDONESIA | |||
84. |
PT Timah Tbk Mentok* |
Tin |
INDONESIA | |||
85. |
PT Tinindo Inter Nusa* |
Tin |
INDONESIA | |||
86. |
Resind Indústria e Comércio Ltda.* |
Tin |
BRAZIL | |||
87. |
Rui Da Hung* |
Tin |
TAIWAN | |||
88. |
Thaisarco* |
Tin |
THAILAND | |||
89. |
Tin Smelting Branch of Yunnan Tin Co., Ltd. * |
Tin |
CHINA | |||
90. |
Tin Technology & Refining* |
Tin |
UNITED STATES | |||
91. |
White Solder Metalurgia e Mineração Ltda.* |
Tin |
BRAZIL | |||
92. |
Yunnan Chengfeng Non-ferrous Metals Co., Ltd.* |
Tin |
CHINA | |||
93. |
AMG Brazil* |
Tantalum |
BRAZIL | |||
94. |
Changsha South Tantalum Niobium Co., Ltd.* |
Tantalum |
CHINA | |||
95. |
D Block Metals, LLC* |
Tantalum |
UNITED STATES | |||
96. |
F&X Electro-Materials Ltd.* |
Tantalum |
CHINA | |||
97. |
FIR Metals & Resource Ltd. * |
Tantalum |
CHINA | |||
98. |
Global Advanced Metals Aizu* |
Tantalum |
JAPAN | |||
99. |
Global Advanced Metals Boyertown* |
Tantalum |
UNITED STATES | |||
100. |
Hengyang King Xing Lifeng New Materials Co., Ltd.* |
Tantalum |
CHINA | |||
101. |
Jiangxi Dinghai Tantalum & Niobium Co., Ltd.* |
Tantalum |
CHINA | |||
102. |
Jiangxi Tuohong New Raw Material* |
Tantalum |
CHINA | |||
103. |
JiuJiang JinXin Nonferrous Metals Co., Ltd.* |
Tantalum |
CHINA | |||
104. |
Jiujiang Tanbre Co., Ltd.* |
Tantalum |
CHINA | |||
105. |
Jiujiang Zhongao Tantalum & Niobium Co., Ltd.* |
Tantalum |
CHINA | |||
106. |
KEMET de Mexico* |
Tantalum |
MEXICO | |||
107. |
Materion Newton Inc. * |
Tantalum |
UNITED STATES | |||
108. |
Metallurgical Products India Pvt., Ltd. * |
Tantalum |
INDIA | |||
109. |
Mineração Taboca S.A.* |
Tantalum |
BRAZIL | |||
110. |
Mitsui Mining and Smelting Co., Ltd.* |
Tantalum |
JAPAN | |||
111. |
Ningxia Orient Tantalum Industry Co., Ltd.* |
Tantalum |
CHINA | |||
112. |
NPM Silmet AS* |
Tantalum |
ESTONIA | |||
113. |
QSIL Metals Hermsdorf GmbH* |
Tantalum |
GERMANY | |||
114. |
QuantumClean* |
Tantalum |
UNITED STATES | |||
115. |
Resind Indústria e Comércio Ltda.* |
Tantalum |
BRAZIL | |||
116. |
RFH Yancheng Jinye New Material Technology Co., Ltd. |
Tantalum |
CHINA | |||
117. |
Taki Chemical Co., Ltd.* |
Tantalum |
JAPAN | |||
118. |
TANIOBIS Co., Ltd.* |
Tantalum |
THAILAND | |||
119. |
TANIOBIS GmbH* |
Tantalum |
GERMANY | |||
120. |
TANIOBIS Japan Co., Ltd.* |
Tantalum |
JAPAN | |||
121. |
TANIOBIS Smelting GmbH & Co. KG* |
Tantalum |
GERMANY |
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122. | Telex Metals* | Tantalum | UNITED STATES | |||
123. | Ulba Metallurgical Plant JSC* | Tantalum | KAZAKHSTAN | |||
124. | XIMEI RESOURCES (GUANGDONG) LIMITED* | Tantalum | CHINA | |||
125. | XinXing HaoRong Electronic Material Co., Ltd.* | Tantalum | CHINA | |||
126. | Yanling Jincheng Tantalum * Niobium Co., Ltd. * | Tantalum | CHINA | |||
127. | 8853 S.p.A. * | Gold | ITALY | |||
128. | Advanced Chemical Company* | Gold | UNITED STATES | |||
129. | Agosi AG* | Gold | GERMANY | |||
130. | Aida Chemical Industries Co., Ltd.* | Gold | JAPAN | |||
131. | Al Etihad Gold Refinery DMCC* | Gold | UNITED ARAB EMIRATES | |||
132. | Almalyk Mining and Metallurgical Complex (AMMC)* | Gold | UZBEKISTAN | |||
133. | AngloGold Ashanti Córrego do Sítio Mineração* | Gold | BRAZIL | |||
134. | Argor-Heraeus S.A.* | Gold | SWITZERLAND | |||
135. | Asahi Pretec Corp.* | Gold | JAPAN | |||
136. | Asahi Refining Canada Ltd.* | Gold | CANADA | |||
137. | Asahi Refining USA Inc.* | Gold | UNITED STATES | |||
138. | Asaka Riken Co., Ltd.* | Gold | JAPAN | |||
139. | Aurubis AG* | Gold | GERMANY | |||
140. | Bangalore Refinery* | Gold | INDIA | |||
141. | Bangko Sentral ng Pilipinas (Central Bank of the Philippines)* | Gold | PHILIPPINES | |||
142. | Boliden AB* | Gold | SWEDEN | |||
143. | C. Hafner GmbH + Co. KG* | Gold | GERMANY | |||
144. | CCR Refinery - Glencore Canada Corporation* | Gold | CANADA | |||
145. | Cendres + Metaux S.A. * | Gold | SWITZERLAND | |||
146. | Chimet S.p.A.* | Gold | ITALY | |||
147. | Chugai Mining* | Gold | JAPAN | |||
148. | Dowa* | Gold | JAPAN | |||
149. | DSC (Do Sung Corporation)* | Gold | KOREA (REPUBLIC OF) | |||
150. | Eco-System Recycling Co., Ltd. East Plant* | Gold | JAPAN | |||
151. | Eco-System Recycling Co., Ltd. North Plant* | Gold | JAPAN | |||
152. | Eco-System Recycling Co., Ltd. West Plant* | Gold | JAPAN | |||
153. | Emirates Gold DMCC* | Gold | UNITED ARAB EMIRATES | |||
154. | Geib Refining Corporation* | Gold | UNITED STATES | |||
155. | Gold Refinery of Zijin Mining Group Co., Ltd.* | Gold | CHINA | |||
156. | Heimerle + Meule GmbH* | Gold | GERMANY | |||
157. | Heraeus Germany GmbH Co. KG* | Gold | GERMANY | |||
158. | Heraeus Metals Hong Kong Ltd.* | Gold | CHINA | |||
159. | Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.* | Gold | CHINA | |||
160. | Ishifuku Metal Industry Co., Ltd.* | Gold | JAPAN | |||
161. | Istanbul Gold Refinery* | Gold | TURKEY | |||
162. | Italpreziosi* | Gold | ITALY | |||
163. | Japan Mint* | Gold | JAPAN | |||
164. | Jiangxi Copper Co., Ltd.* | Gold | CHINA | |||
165. | JX Nippon Mining & Metals Co., Ltd.* | Gold | JAPAN | |||
166. | Kazzinc* | Gold | KAZAKHSTAN | |||
167. | Kennecott Utah Copper LLC* | Gold | UNITED STATES |
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168. | KGHM Polska Miedz Spolka Akcyjna* | Gold | POLAND | |||
169. | Kojima Chemicals Co., Ltd.* | Gold | JAPAN | |||
170. | Korea Zinc Co., Ltd.* | Gold | KOREA (REPUBLIC OF) | |||
171. | LOrfebre S.A.* | Gold | ANDORRA | |||
172. | LS-NIKKO Copper Inc.* | Gold | KOREA (REPUBLIC OF) | |||
173. | LT Metal Ltd.* | Gold | KOREA (REPUBLIC OF) | |||
174. | Materion* | Gold | UNITED STATES | |||
175. | Matsuda Sangyo Co., Ltd.* | Gold | JAPAN | |||
176. | Metal Concentrators SA (Pty) Ltd.* | Gold | SOUTH AFRICA | |||
177. | Metalor Technologies (Hong Kong) Ltd.* | Gold | CHINA | |||
178. | Metalor Technologies (Singapore) Pte., Ltd.* | Gold | SINGAPORE | |||
179. | Metalor Technologies (Suzhou) Ltd.* | Gold | CHINA | |||
180. | Metalor Technologies S.A.* | Gold | SWITZERLAND | |||
181. | Metalor USA Refining Corporation* | Gold | UNITED STATES | |||
182. | Metalúrgica Met-Mex Peñoles S.A. De C.V.* | Gold | MEXICO | |||
183. | Mitsubishi Materials Corporation* | Gold | JAPAN | |||
184. | Mitsui Mining and Smelting Co., Ltd.* | Gold | JAPAN | |||
185. | MKS PAMP SA* | Gold | SWITZERLAND | |||
186. | MMTC-PAMP India Pvt., Ltd.* | Gold | INDIA | |||
187. | Nadir Metal Rafineri San. Ve Tic. A.* | Gold | TURKEY | |||
188. | Navoi Mining and Metallurgical Combinat* | Gold | UZBEKISTAN | |||
189. | NH Recytech Company* | Gold | KOREA (REPUBLIC OF) | |||
190. | Nihon Material Co., Ltd.* | Gold | JAPAN | |||
191. | Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH* | Gold | AUSTRIA | |||
192. | Ohura Precious Metal Industry Co., Ltd.* | Gold | JAPAN | |||
193. | Planta Recuperadora de Metales SpA* | Gold | CHILE | |||
194. | PT Aneka Tambang (Persero) Tbk* | Gold | INDONESIA | |||
195. | PX Précinox S.A.* | Gold | SWITZERLAND | |||
196. | Rand Refinery (Pty) Ltd.* | Gold | SOUTH AFRICA | |||
197. | REMONDIS PMR B.V.* | Gold | NETHERLANDS | |||
198. | Royal Canadian Mint* | Gold | CANADA | |||
199. | SAAMP* | Gold | FRANCE | |||
200. | Safimet S.p.A.* | Gold | ITALY | |||
201. | SAFINA A.S.* | Gold | CZECHIA | |||
202. | Samduck Precious Metals* | Gold | KOREA (REPUBLIC OF) | |||
203. | SEMPSA Joyería Platería S.A.* | Gold | SPAIN | |||
204. | Shandong Gold Smelting Co., Ltd.* | Gold | CHINA | |||
205. | Shandong Zhaojin Gold & Silver Refinery Co., Ltd.* | Gold | CHINA | |||
206. | Sichuan Tianze Precious Metals Co., Ltd.* | Gold | CHINA | |||
207. | Singway Technology Co., Ltd.* | Gold | TAIWAN | |||
208. | Solar Applied Materials Technology Corp.* | Gold | TAIWAN | |||
209. | Sumitomo Metal Mining Co., Ltd.* | Gold | JAPAN | |||
210. | SungEel HiMetal Co., Ltd.* | Gold | KOREA, REPUBLIC OF | |||
211. | T.C.A S.p.A* | Gold | ITALY | |||
212. | Tanaka Kikinzoku Kogyo K.K.* | Gold | JAPAN |
8
213. | Tokuriki Honten Co., Ltd.* | Gold | JAPAN | |||
214. | TOO Tau-Ken-Altyn* | Gold | KAZAKHSTAN | |||
215. | Torecom* | Gold | KOREA (REPUBLIC OF) | |||
216. | Umicore Precious Metals Thailand* | Gold | THAILAND | |||
217. | Umicore S.A. Business Unit Precious Metals Refining* | Gold | BELGIUM | |||
218. | United Precious Metal Refining, Inc.* | Gold | UNITED STATES | |||
219. | Valcambi S.A.* | Gold | SWITZERLAND | |||
220. | Western Australian Mint trading as The Perth Mint* | Gold | AUSTRALIA | |||
221. | WIELAND Edelmetalle GmbH* | Gold | GERMANY | |||
222. | Yamakin Co., Ltd.* | Gold | JAPAN | |||
223. | Yokohama Metal Co., Ltd.* | Gold | JAPAN | |||
224. | Zhongyuan Gold Smelter of Zhongjin Gold Corporation* | Gold | CHINA |
2. | Table 2 Other Smelters: |
Listed below are the 8 Smelters identified to us by our Suppliers as potentially in our supply chain for 2022 that have been designated as Active, Non-Conformant, or RMI Due Diligence Review Unable to Proceed. None of these Smelters are in our supply chain for ICs. The location information and status are as reported by the RMAP as of January 31, 2023.§§
Smelter |
Metal |
Country |
Status | |||||
1. | CV Venus Inti Perkasa | Tin | INDONESIA | Active | ||||
2. | PT Timah Nusantara | Tin | INDONESIA | Active | ||||
3. | Gejiu Yunxin Nonferrous Electrolysis Co., Ltd. | Tin | CHINA | Non-Conformant | ||||
4. | Marsam Metals | Gold | BRAZIL | Non-Conformant | ||||
5. | Unecha Refractory metals plant§§ | Tungsten | RUSSIA | Non-Conformant | ||||
6. | Hydrometallurg, JSC§§ | Tungsten | RUSSIA | RMI Due Diligence ReviewUnable to Proceed | ||||
7. | Novosibirsk Tin Combine§§ | Tin | RUSSIA | RMI Due Diligence ReviewUnable to Proceed | ||||
8. | Solikamsk Magnesium Works OAO§§ | Tantalum | RUSSIA | RMI Due Diligence ReviewUnable to Proceed |
| On February 13, 2023, the RMI moved CV Venus Inti Perkasa from Active status to Conformant status. |
§§ | Subsequent to the date this data was reported, Unecha Refractory metals plant; Hydrometallurg, JSC; Novosibirsk Tin Combine; and Solikamsk Magnesium Works OAO were all removed from our supply chain. |
9
Appendix B
Crowe LLP
Independent Member Crowe Global
INDEPENDENT ACCOUNTANTS REPORT ON CONFLICT MINERALS
The Board of Directors
Texas Instruments Incorporated
Dallas, Texas
We have examined:
| whether the design of Texas Instruments Incorporateds (the Company) due diligence framework as set forth in the section titled Design of Due Diligence of the Conflict Minerals Report for the reporting period from January 1, 2022 through December 31, 2022, is in conformity, in all material respects, with the criteria set forth in the Organization for Economic Co-Operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, Third Edition 2016 (OECD Due Diligence Guidance), and |
| whether the Companys description of the due diligence measures it performed, as set forth in the section titled Due Diligence Measures Taken of the Conflict Minerals Report for the reporting period from January 1, 2022 through December 31, 2022, is consistent, in all material respects, with the due diligence process that the Company undertook. |
The Companys management is responsible for the design of the Companys due diligence framework and the description of the Companys due diligence measures set forth in the Conflict Minerals Report, and performance of the due diligence measures. Our responsibility is to express an opinion on the design of the Companys due diligence framework and on the description of the due diligence measures the Company performed, based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and the standards applicable to attestation engagements contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the design of the Companys due diligence framework and the description of the due diligence measures the Company performed is in accordance with the criteria, in all material respects. An examination involves performing procedures to obtain evidence about the Companys due diligence framework and the description of the due diligence measures the Company performed. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material misstatement of the Companys due diligence framework and its description of the due diligence measures the Company performed, whether due to fraud or error. We believe the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.
Our examination was not conducted for the purpose of evaluating:
| The consistency of the due diligence measures that the Company performed with either the design of the Companys due diligence framework or the OECD Due Diligence Guidance; |
| The completeness of the Companys description of the due diligence measures performed; |
| The suitability of the design or operating effectiveness of the Companys due diligence process; |
(Continued)
1.
| Whether a third party can determine from the Conflict Minerals Report if the due diligence measures the Company performed are consistent with the OECD Due Diligence Guidance; |
| The Companys reasonable country of origin inquiry (RCOI), including the suitability of the design of the RCOI, its operating effectiveness, or the results thereof; or |
| The Companys conclusions about the source or chain of custody of its conflict minerals, those products subject to due diligence, or the DRC Conflict Free status of its products. |
Accordingly, we do not express an opinion or any other form of assurance on the aforementioned matters or any other matters included in any section of the Conflict Minerals Report other than the sections described below.
In our opinion,
| the design of the Companys due diligence framework for the reporting period from January 1, 2022 through December 31, 2022, as set forth in the section titled Design of Due Diligence of the Conflict Minerals Report is in conformity with the OECD Due Diligence Guidance, in all material respects; and |
| the Companys description of the due diligence measures it performed, as set forth in the section titled Due Diligence Measures Taken of the Conflict Minerals Report for the reporting period from January 1, 2022 through December 31, 2022, is consistent with the due diligence process that the Company undertook, in all material respects. |
Crowe LLP |
Dallas, Texas
May 17, 2023
2.