Policy on conflict minerals

Background

In August 2012, the United States Securities and Exchange Commission («SEC») issued its final rules regarding «Conflict Minerals» (known as «3TG» – Tantalum, Tin, Tungsten and Gold) as defined in and required by section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the «Act»). As a result, many companies are now focusing on whether and to what extent their products contain Conflict Minerals and whether such Conflict Minerals come from the Democratic Republic of Congo and the adjoining countries named in the Act. Fahrer strives to be a good corporate citizen. We are committed to ensuring the health, safety and protection of people who come into contact with our products and business, and we require high social, environmental and human rights standards among our suppliers. Managing our obligations in relation to Conflict Minerals is a part of this corporate responsibility. Fahrer is proactively supporting development and governance in that region, and is contributing financially to international humanitarian aid efforts.

Fahrer’s commitments

We are working towards ensuring that our products do not contain Conflict Minerals that have been sourced from mines that support or fund conflict within the Democratic Republic of Congo or adjoining countries.Therefore we are committed to:

• identifying which Fahrer products are impacted and targeting our efforts accordingly
• not buying products and materials containing Conflict Minerals directly from Conflict Mines
• asking our suppliers to work towards ensuring that any Conflict Minerals contained in the products

and materials supplied to Fahrer do not originate from Conflict Mines. In addition, we are committed to engaging with our customers regarding their disclosure obligations.

Fahrer’s measures

In working towards these commitments, we have taken a number of steps that include

• requiring our suppliers to implement a policy regarding Conflict Minerals and exercise due diligence to investigate the source of these minerals
• engaging with our suppliers so that they respond in a timely manner to our requests for evidence of compliance. In the future, our suppliers’ willingness to comply with this initiative will be a factor in our sourcing decisions
• updating the Fahrer Supplier Code of Conduct and our purchasing terms and conditions to reflect this policy

Like many other companies tracing Conflict Minerals, it will take time for a company of our size and complexity to collect the information needed for us to fully understand our use of Conflict Minerals and therefore be able to address all related customer concerns.