Section 1502(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Conflict Minerals Law”) requires SEC reporting companies to undertake an inquiry as to the source and chain of custody of conflict minerals and to report their “DRC Conflict-Free” status.
Universal Precision Technology / Universal Tool & Die fully supports the objectives of this legislation, which aims to minimize violence and environmental damage in the DRC Region. We will comply with all applicable obligations under Conflict Minerals Law. Universal Precision Technology / Universal Tool & Die expects that all suppliers comply with Conflict Minerals Law and provide all necessary declarations using the EICC / GeSI Conflict Minerals Reporting Template. These measures will be used in conjunction with industry initiatives such as the Conflict-Free Smelter Program to reasonably assure that the Tantalum, Tungsten, Tin or Gold in the products we manufacture do not directly or indirectly finance or benefit unauthorized armed groups in the DRC Region. Universal Precision Technology / Universal Tool & Die will assess future business with suppliers who are noncompliant with this policy.
Universal Precision Technology / Universal Tool & Die is committed to ethical practices and compliance with applicable laws and regulations wherever it does business.
