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Conflict Minerals Policy

Conflict Minerals Policy

Economic activities often have a global effect, and as a player in the international economy, Snap One is committed to maintaining high ethical and moral standards, including the responsible sourcing of our products.

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Several minerals, including tin, tantalum, tungsten, and gold (3TG), mined from the Democratic Republic of the Congo (DRC) and adjoining countries, have been found to fund and promote human rights violations and acts of violence and are referred to as “conflict minerals.” Snap One is opposed to such atrocities and is committed to work to discourage the use of any of these conflict minerals in our products.

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Snap One does not directly purchase or source the raw metals used in our products. For this reason, tracing the minerals in our supply chain is a complex process. We do not have complete visibility into the sources of all component minerals; however, we have implemented and continue to refine due diligence processes to determine whether the materials provided by our suppliers contain conflict minerals, and we engage with our suppliers to promote responsible sourcing practices and to promote the use of conflict-free minerals in our supply chain.

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To accomplish this goal, Snap One will:
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  • Comply with the conflict minerals reporting rules adopted under the Dodd-Frank Act.
  • Include provisions in our supplier agreements requiring that each supplier comply with all applicable conflict mineral laws.
  • Annually request that all suppliers of Snap One products provide to Snap One a report on the Conflict Minerals Reporting Template developed by the Responsible Minerals Initiative (RMI).
  • If a supplier is found to be using conflict minerals, Snap One will work to encourage them to find new sources for the minerals and make deliberate progress towards sourcing only conflict-free minerals.
  • Snap One may determine it is in the best interest of the Company and its stakeholders to restrict or terminate our business with any company that refuses to provide requested information or help Snap One in its efforts to comply with the Dodd-Frank Act.

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As a leading provider of smart living products, services and software, Snap One will continue to strive to promote the protection of fundamental human rights in the sourcing of raw materials for its products.

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