NEXEN TIRE

Conflict Minerals Policy

Conflict minerals refer to minerals such as tin, tantalum, tungsten, and gold produced in disputed countries, such as the Democratic Republic of Congo or its neighboring countries.
The funds generated by the conflict minerals have flowed into armed forces in disputed area which causes to make slaughter as well as human rights abuses such as illegally forced labor and abuse of women during the mining process.
In the middle of increasing international concerns, US Congress enacted a 2010 Dodd-Frank Financial Regulatory Reform Act that required companies, listed on the U.S. stock market, to report on the use of conflict minerals, investigate the origin of conflict minerals and conduct on-site audit to supply chain, and report the results to the U.S. Securities and Exchange Commission (SEC).
As a responsible corporate citizen, Nexen Tire will not allow conflict minerals from militants to be included in our supply chain for product production.
For the reason above, Nexen Tire establish the following procedures.

Nexen Tire Policy

1. 1) In order to prevent contributing to profits for the armed forces of the Democratic Republic of Congo or its neighboring countries, our supplier should establish the documented policy and procedures for managing conflict minerals and not supply conflict minerals to Nexen Tire.
2. 2) Our supplier should make good efforts to grasp the names and locations of all smelters where conflict minerals were purchased in the supply chain.
3. 3) Our supplier must submit a certificate of origin at the request of Nexen Tire in a timely manner.
4. 4) Our supplier should take the corrective action in a timely manner, if any risks within the supplier chain are found.