CONFLICT MINERALS STATEMENT
On August 22, 2012, the Securities and Exchange Commission (SEC) passed the final version of Article 1502 of the "Dodd-Frank Wall Street Reform and Consumer Protection Act" regarding procurement of "conflict minerals." This provision restricts some companies and needs to be reasonably questioned. According to the situation, they will actively review the material source of the product and whether it contains conflict minerals in the chain of custody; they also need to report publicly every year Sources of income from, or become illegal armed groups in the Democratic Republic of Congo and neighboring countries. Conflict minerals mentioned in the article include: Tantalum, Tin, Tungsten, and Gold.
MilDef Crete is in line with its peers and supports the idea that social responsibility must be fulfilled throughout the supply chain. MilDef Crete is sending the survey form "EICC / GeSI Conflict Minerals Reporting Template" to suppliers and asking them to provide information on smelters and refineries in the supply chain.
Expectations from suppliers
MilDef Crete hereby requires the Supplier to cooperate with all of the following:
•- Implement a policy that is responsible for the source of the feed and implement this policy throughout the supply chain;
•- Perform a substantive review in support of the policy;
•- Purchase materials only from sources that have fulfilled their social responsibility; and complete and return the “EICC / GeSI Conflict Minerals Reporting Template” to MilDef Crete on time, and provide each source of materials shipped to MilDef upon request Items of information.
If MilDef Crete finds that a supplier cannot cooperate with the above matters, MilDef Crete will take necessary actions to correct the situation, including re-evaluating the supplier.
Conflict Minerals Policy