Carrara, June 26th, 2024

Dear Customer:

On August 22nd, 2012 the Securities and Exchange Commission (SEC) published regulations implementing the conflict minerals reporting obligations of Section 1502 of the Dodd-Frank Wall Street Reform and Consumer protection Act of 2010. The regulations apply to companies required to report to the SEC. Such companies are required to determine whether tin, tungsten, tantalum and gold (3T&G) are necessary to the production or functionality of their products. If so, they must report to the SEC  whether the 3T&G in their products (i) originated from sources in the Democratic Republic of the Congo or adjoining countries and (ii) directly or indirectly financed or benefited armed groups in those countries. We refer to these as conflict sources.Based on this, we have formulated our Supplier Policy to promote the compliance with the Due Diligence Guidance of the Organization for Economic Cooperation and Development (OECD). Given that the scope of responsible sourcing has recently been extended to include Natural Mica and Cobalt — both of which are associated with human rights violations and environmental pollution — it is imperative to include these minerals both in AvMap’s and our supply chain’s policy. 

Tin, Tungsten, Tantalum, Gold, Cobalt and Mica are necessary to the functionality of AvMap products, because they are present in the electronic components we purchase to build our products.AvMap does not purchase Tin, Tungsten, Tantalum, Gold, Cobalt and Mica directly from smelters or refiners (SORs).We are aware about the complexity of this matter due to the extremely diffused presence of Tin, Tungsten, Tantalum,& Gold, Cobalt and Mica and and the wide range of potential mineral sources, including smelters and refiners.AvMap continues to promote responsible sourcing of minerals throughout its supply chain, as these minerals pose an increased risk of being sourced from conflict areas and regions with high risks of misconduct, including human rights abuses and environmental destruction.

We are doing everything we can according with our program to comply with Conflict Mineral relatedregulations, working to assess the status of our supply chain and, if identified, to avoid the use ofsupplier materials from conflict related sources.

Sincerely,

Simone Lazzarini
Managing Director
AvMap S.r.l.