IVA CORPORATION CONFLICT MINERALS STATEMENT
January 15, 2020
To IVA Corporation Customers:
On August 22, 2012, the U.S. Securities and Exchange Committee (“SEC”) published the final rules for the implementation of Section 1502 of the Dodd Frank Act (the “Act”) regarding Conflict Minerals.
This section of the Act was enacted by Congress in order to help eradicate the sales of tin, tantalum, tungsten or gold minerals (“Conflict Minerals”) from the Democratic Republic of Congo and adjoining countries (collectively, the “Conflict Countries”) which sales finance armed militant groups participating in regional conflicts.
These rules require public companies in the United States that use Conflict Minerals to file annual reports regarding such use. Although IVA Corporation (“IVA”) is not a public company, IVA is a part of the global supply chain and will support the supply chain Conflict Minerals due diligence effort.
Although IVA does not directly use tin, tantalum, tungsten or gold in the manufacture of its products, many of the components purchased from suppliers or assembled by vendors for IVA do .
IVA expects these suppliers to not use tin, tantalum, tungsten or gold minerals from the Conflict Countries unless the minerals are from a smelter that CFSI has determined is compliant with its Conflict-Free Smelter Program assessment protocols.
Towards this end, IVA annually reviews the Conflict Minerals policies of its suppliers to insure that these expectations are met.
(Revision 1-15-2020 supersedes any previously dated statements)