Maxtena, Inc. is aware of and concerned by reports that profits from the sale of certain metals mined in the Democratic Republic of the Congo (DRC) or adjoining countries have helped fuel war and human rights violations in the eastern Congo. In July 2010, the United States passed HR4173, the Dodd-Frank Financial Reform Bill section 1502(b) requiring all US stock listed companies and their suppliers to disclose the chain of custody usage of conflict minerals (specifically Tin, Tantalum, Tungsten, and Gold, also known as 3TG).
While Maxtena is not a public company and not subject to SEC reporting, Maxtena fully supports this legislation and its position to avoid use of conflict minerals. Maxtena is committed to responsible sourcing and is taking appropriate measures that include the following activities:
- Communicating this policy to our suppliers and customers via our company website.
- Expecting and demanding our suppliers to source materials from socially responsible suppliers and incorporating contractual language in our Purchase Orders and Terms and Conditions that will ensure compliance.
- Investigating aggressively any information we receive which indicates that any minerals used are Conflict Minerals.
- Maxtena may terminate relationships with suppliers that are found to have supplied us with Conflict Minerals without appropriate disclosure.
Please be assured that Maxtena understands the importance of this issue and is committed to the pursuit of responsible procurement practices and has no intentions, directly or indirectly of abetting the human rights violations identified in the Democratic Republic of Congo (the “DRC”) and adjoining countries.