As part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the United States Securities and Exchange Commission (SEC) passed legislation which requires U.S. listed companies to report on the origin of these conflict minerals including tin, tantalum, tungsten and gold. Kornit Digital Ltd. is committed to ethical practices and compliance with all applicable laws and regulations. While we do not source these metals directly, they may exist in the materials and components we source.We are therefore committed to working with our customers and suppliers to responsibly source the materials and components we use in manufacturing our customers’ products which may contain these minerals.
To comply with the SEC reporting regulations relating to conflict minerals, Kornit Digital Ltd.requires its supply chain to provide proof of compliance that minerals are procured only from smelters and refiners that have been found to be compliant with the Conflict-Free Smelter (CFS) Program of the CFSI. Once smelter lists are available, suppliers will be requested to procure materials only through validated smelters.
The process of tracing the conflict minerals through the supply chain is complicated. Therefore, we will rely on industry initiatives, such as the Conflict Free Smelter Program, for assistance in complying with the SEC reporting requirements on conflict minerals.Kornit’s efforts are geared towards procuring conflict minerals from responsible sources in the Conflict Region. For this purpose, we are in the process of developing programs and practices that are intended to maintain, as necessary and appropriate, records of supplier verifications for both internal and/or external audit.
Shimon HayounEngineering and Quality ManagerP: +972-3-9085881Shimon.Hayoun@kornit.com