EX-1.01 2 amkrsdmay2024exhibit101.htm EX-1.01 Document

Exhibit 1.01

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Conflict Minerals Report of Amkor Technology, Inc.

This Conflict Minerals Report for the year ended December 31, 2023 (this “Report”) of Amkor Technology, Inc. (the “Company,” “Amkor,” “we,” or “us”) contains forward-looking statements within the meaning of the federal securities laws. You are cautioned not to place undue reliance on forward-looking statements, which are often characterized by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or “intend,” by the negative of these terms or other comparable terminology, or by discussions of strategy, plans, or intentions. All forward-looking statements in this Report are made based on our current expectations, forecasts, estimates, and assumptions. Because such statements include risks, uncertainties, assumptions, and other factors, actual results may differ materially from those anticipated in such forward-looking statements, including, but not limited to, our customers’ requirements to use certain suppliers, our suppliers’ responsiveness and cooperation with our due diligence efforts, our ability to implement improvements in our conflict minerals program, changes to the sourcing status of smelters and refiners in our supply chain, our ability to identify and mitigate related risks in our supply chain, and other important risk factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 (the “Form 10-K”) and from time to time in the Company’s other reports filed with or furnished to the Securities and Exchange Commission (“SEC”). You should carefully consider the trends, risks, and uncertainties described in this Report, the Form 10-K, and other reports filed with or furnished to the SEC before making any investment decision with respect to our securities. If any of these trends, risks, or uncertainties continues or occurs, our business, financial condition, or operating results could be materially adversely affected, the trading prices of our securities could decline, and you could lose part or all of your investment. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this cautionary statement. We undertake no obligation to review or update any forward-looking statements to reflect events or circumstances occurring after the date of this Report except as may be required by applicable law.

This Report was prepared in accordance with Section 13(p) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 13p-1 thereunder, which implements Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Section 13(p) of the Exchange Act, Rule 13p-1 thereunder, and Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act collectively, the “Conflict Minerals Regulations”).

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Business Overview

Amkor Technology, Inc. is the world's largest US-headquartered OSAT (outsourced semiconductor assembly and test) service provider. Our packaging and test services are designed to meet application and chip-specific requirements including: the required type of interconnect technology; size; thickness; and electrical, mechanical, and thermal performance. Some of the materials we use when providing packaging services contain tantalum, tin, tungsten, or gold (collectively, “Conflict Minerals”). Test services involve checking that a packaged die meets its design and performance specifications and do not involve the use of Conflict Minerals.

The supply chain that provides us with Conflict Minerals is divided into “upstream” and “downstream” entities. An upstream entity is an entity in our supply chain located between the mine of origin and the smelter or refiner and includes miners, local traders, exporters from the country of mineral origin, international concentrate traders, mineral processors, smelters, and refiners. A downstream entity is an entity in our supply chain located between the smelter or refiner and the retailer and includes metal traders and exchanges, component manufacturers, product manufacturers, original equipment manufacturers, and retailers.

Amkor is a downstream entity and is typically several tiers removed from the smelter or refiner and mineral origin. We have limited visibility beyond our direct suppliers to entities within our supply chain. Therefore, we rely principally on our direct suppliers to provide us with sourcing information.

Due Diligence Overview

We undertook due diligence on the source and chain of custody of the Conflict Minerals we use when providing packaging services using tools and relying on information provided by the Responsible Minerals Initiative (the “RMI”), an industry group that works to address Conflict Minerals issues within supply chains. One RMI tool we used as part of our due diligence was the Conflict Minerals Reporting Template (“CMRT”), which facilitates the collection of information on the source of Conflict Minerals. We also relied on information from the Responsible Minerals Assurance Process (“RMAP”), a voluntary initiative managed by the RMI, in which an independent third party validates the Conflict Minerals management procedures of a smelter or refiner to determine, with reasonable confidence, that the minerals it processes were sourced responsibly. If a smelter or refiner has committed to undergo an RMAP assessment, completed the relevant documents, and scheduled the RMAP assessment, they are designated by the RMI as “Active.” Upon completion of a successful audit, the smelter or refiner is designated by the RMI as “Conformant.”

Due Diligence Design

We designed our due diligence to conform to an internationally recognized due diligence framework, the Organisation for Economic Co-operation and Development (OECD), Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, Third Edition, and related supplements on Tin, Tantalum and Tungsten and on Gold (collectively, the “OECD Framework”).
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The OECD Framework provides a five-step outline for risk-based due diligence in the mineral supply chain. Our due diligence framework, which was designed to align with and incorporate the five-step outline from the OECD Framework, is summarized below.

Step 1 - Establish Strong Management Systems

Adopt and revise, as needed, our Responsible Minerals Sourcing Policy, which states our goal to source Conflict Minerals responsibly and is located on the “About Us” tab of www.amkor.com, under “ESG.”

Maintain an internal team to implement our Responsible Minerals Sourcing Policy, which includes members from the Procurement, Legal, and Quality Assurance teams, and reported program activities to Executive Management.

Update processes and procedures, as appropriate, to meet the requirements of our Responsible Minerals Sourcing Policy.

Enforce the requirement that our direct suppliers undertake due diligence to achieve a conformant supply chain.

Maintain our record retention practice for records related to the sourcing of Conflict Minerals.

Continue our existing grievance system where suppliers can submit questions or reports on ethical or legal issues, including issues relating to Conflict Minerals.


Step 2 - Identify and Assess Risks in the Supply Chain

Conduct a survey of direct suppliers of Conflict Minerals in our supply chain using the CMRT to identify the smelters, refiners, and/or mines of origin of Conflict Minerals.

Compare smelters, refiners, and/or mines of origin identified by our direct suppliers against the list of smelters, refiners, and mineral sourcing information that have received a “Conformant” designation by the RMAP.

Perform reviews of select suppliers to evaluate the reasonableness of responses received and alignment with the OECD Framework.

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Step 3 - Design and Implement a Strategy to Respond to Identified Risks

Devise and adopt a risk management plan designed to mitigate the risk that our direct suppliers do not meet our expectations to achieve a conformant supply chain.

Monitor risk management plan periodically by, among other methods, engaging directly with impacted suppliers, smelters, and refiners.

Contact a portion of smelters and refiners within our supply chain to encourage them to maintain their participation in the RMAP or industry equivalent. Our outreach efforts include in-person training and meetings with select smelters and industry associations.

Report information on the source and chain of custody of Conflict Minerals in our supply chain to Executive Management and the Audit Committee of the Company’s Board of Directors.

Step 4 - Carry Out Independent Third-party Audits of Smelter’s/Refiner’s Due Diligence Practices

Maintain our membership in the RMI, an industry group that has implemented the RMAP to carry out independent third-party audits of a smelter’s or refiner’s Conflict Minerals management practices. As an RMI member, we rely on the results of the RMAP to provide smelter, refiner, and mineral sourcing information on the Conflict Minerals we used when providing packaging services.

Step 5 - Report Annually on Supply Chain Due Diligence

Annually publish the results of our supply chain due diligence in a Specialized Report on Form SD and related Conflict Minerals Report, which are available on our website under the heading “Financial Information > SEC Filings” at https://ir.amkor.com.

Due Diligence Performed

In addition to the measures described above in the “Due Diligence Design” section of this Report, we undertook the following steps during the prior year to source Conflict Minerals responsibly:

Conducted a supply chain survey of our direct suppliers of Conflict Minerals using the CMRT to identify the smelters, refiners, and/or mines of origin of Conflict Minerals.

Continued engaging with our direct suppliers through periodic communications and evaluation of the smelter and refiner data provided to us.

Followed established procedures designed to identify the smelters and refiners within our supply chain, including by evaluating the information received from our direct suppliers and comparing it with updated information published by the RMI.

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Contacted a portion of our smelters and refiners directly to encourage them to maintain their participation in the RMAP or industry equivalent.

Continued our active involvement in the RMI and supported industry efforts to improve the monitoring and reporting of supply chain activities.


Due Diligence Results
The results of our due diligence indicate that the sources of Conflict Minerals are: (1) from recycled or scrap materials; (2) from within the Democratic Republic of the Congo or adjoining countries (the “Covered Countries”); or (3) from outside the Covered Countries. We received responses from all our direct suppliers subject to our supply chain survey for 2023. Collectively, their responses identified 218 smelters and refiners within their supply chains for the reporting year. 216 smelters and refiners had been designated as Conformant and 2 refiners had been designated as Active as of April 4, 2024.

The following tables list the population of smelters, refiners, and origin of Conflict Minerals within our supply chain for 2023. Our efforts to determine this population are described above under the caption “Due Diligence Performed.” The information presented is derived from information provided by our direct suppliers and the RMI.

Smelters and Refiners Processing Conflict Minerals
MineralSmelter and Refiner Name
Country Location
GoldAbington Reldan Metals, LLCUnited States of America
GoldAdvanced Chemical Company*United States of America
GoldAgosi AGGermany
GoldAida Chemical Industries Co., Ltd.Japan
GoldAlmalyk Mining and Metallurgical Complex (AMMC)Uzbekistan
GoldAngloGold Ashanti Corrego do Sitio MineracaoBrazil
GoldArgor-Heraeus S.A.Switzerland
GoldAsahi Pretec Corp.Japan
GoldAsahi Refining Canada Ltd.Canada
GoldAsahi Refining USA Inc.United States of America
GoldAsaka Riken Co., Ltd.Japan
GoldAurubis AGGermany
GoldBangalore Refinery*India
GoldBangko Sentral ng Pilipinas (Central Bank of the Philippines)Philippines
GoldBoliden RonnskarSweden
GoldC. Hafner GmbH + Co. KGGermany
GoldCCR Refinery - Glencore Canada CorporationCanada
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GoldChimet S.p.A.Italy
GoldChugai MiningJapan
GoldDowaJapan
GoldDSC (Do Sung Corporation)Korea, Republic of
GoldEco-System Recycling Co., Ltd. East PlantJapan
GoldEco-System Recycling Co., Ltd. North PlantJapan
GoldEco-System Recycling Co., Ltd. West PlantJapan
GoldGold by Gold ColombiaColombia
GoldGold Refinery of Zijin Mining Group Co., Ltd.China
GoldHeimerle + Meule GmbHGermany
GoldHeraeus Germany GmbH Co. KGGermany
GoldHeraeus Metals Hong Kong Ltd.China
GoldInner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.China
GoldIshifuku Metal Industry Co., Ltd.Japan
GoldIstanbul Gold RefineryTurkey
GoldItalpreziosiItaly
GoldJapan MintJapan
GoldJiangxi Copper Co., Ltd.China
GoldJX Nippon Mining & Metals Co., Ltd.Japan
GoldKazzincKazakhstan
GoldKennecott Utah Copper LLCUnited States of America
GoldKGHM Polska Miedz Spolka AkcyjnaPoland
GoldKojima Chemicals Co., Ltd.Japan
GoldKorea Zinc Co., Ltd.Korea, Republic of
GoldL'Orfebre S.A.Andorra
GoldLS MnM Inc.Korea, Republic of
GoldLT Metal Ltd.Korea, Republic of
GoldMaterionUnited States of America
GoldMatsuda Sangyo Co., Ltd.Japan
GoldMetal Concentrators SA (Pty) Ltd.South Africa
GoldMetalor Technologies (Hong Kong) Ltd.China
GoldMetalor Technologies (Singapore) Pte., Ltd.Singapore
GoldMetalor Technologies (Suzhou) Ltd.China
GoldMetalor Technologies S.A.Switzerland
GoldMetalor USA Refining CorporationUnited States of America
GoldMetalurgica Met-Mex Penoles S.A. De C.V.Mexico
GoldMitsubishi Materials CorporationJapan
GoldMitsui Mining and Smelting Co., Ltd.Japan
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GoldMKS PAMP SASwitzerland
GoldMMTC-PAMP India Pvt., Ltd.India
GoldNadir Metal Rafineri San. Ve Tic. A.S.Turkey
GoldNavoi Mining and Metallurgical CombinatUzbekistan
GoldNH Recytech CompanyKorea, Republic of
GoldNihon Material Co., Ltd.Japan
GoldOgussa Osterreichische Gold- und Silber-Scheideanstalt GmbHAustria
GoldOhura Precious Metal Industry Co., Ltd.Japan
GoldPlanta Recuperadora de Metales SpAChile
GoldPT Aneka Tambang (Persero) TbkIndonesia
GoldPX Precinox S.A.Switzerland
GoldRand Refinery (Pty) Ltd.South Africa
GoldREMONDIS PMR B.V.Netherlands
GoldRoyal Canadian MintCanada
GoldSAFINA A.S.Czechia
GoldSEMPSA Joyeria Plateria S.A.Spain
GoldShandong Gold Smelting Co., Ltd.China
GoldShandong Zhaojin Gold & Silver Refinery Co., Ltd.China
GoldSichuan Tianze Precious Metals Co., Ltd.China
GoldSolar Applied Materials Technology Corp.Taiwan, Province of China
GoldSumitomo Metal Mining Co., Ltd.Japan
GoldSungEel HiMetal Co., Ltd.Korea, Republic of
GoldT.C.A S.p.AItaly
GoldTanaka Kikinzoku Kogyo K.K.Japan
GoldTokuriki Honten Co., Ltd.Japan
GoldTOO Tau-Ken-AltynKazakhstan
GoldTorecomKorea, Republic of
GoldUmicore S.A. Business Unit Precious Metals RefiningBelgium
GoldUnited Precious Metal Refining, Inc.United States of America
GoldValcambi S.A.Switzerland
GoldWestern Australian Mint (T/a The Perth Mint)Australia
GoldWIELAND Edelmetalle GmbHGermany
GoldYamakin Co., Ltd.Japan
GoldYokohama Metal Co., Ltd.Japan
GoldZhongyuan Gold Smelter of Zhongjin Gold CorporationChina
TantalumAMG BrasilBrazil
TantalumD Block Metals, LLCUnited States of America
TantalumFIR Metals & Resource Ltd.China
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TantalumF&X Electro-Materials Ltd.China
TantalumGlobal Advanced Metals AizuJapan
TantalumGlobal Advanced Metals BoyertownUnited States of America
TantalumHengyang King Xing Lifeng New Materials Co., Ltd.China
TantalumJiangxi Dinghai Tantalum & Niobium Co., Ltd.China
TantalumJiangxi Tuohong New Raw MaterialChina
TantalumJiuJiang JinXin Nonferrous Metals Co., Ltd.China
TantalumJiujiang Tanbre Co., Ltd.China
TantalumJiujiang Zhongao Tantalum & Niobium Co., Ltd.China
TantalumKEMET de MexicoMexico
TantalumMaterion Newton Inc.United States of America
TantalumMetallurgical Products India Pvt., Ltd.India
TantalumMineracao Taboca S.A.Brazil
TantalumMitsui Mining and Smelting Co., Ltd.Japan
TantalumNingxia Orient Tantalum Industry Co., Ltd.China
TantalumNPM Silmet ASEstonia
TantalumQuantumCleanUnited States of America
TantalumResind Industria e Comercio Ltda.Brazil
TantalumRFH Yancheng Jinye New Material Technology Co., Ltd.China
TantalumTaki Chemical Co., Ltd.Japan
TantalumTANIOBIS Co., Ltd.Thailand
TantalumTANIOBIS GmbHGermany
TantalumTANIOBIS Japan Co., Ltd.Japan
TantalumTANIOBIS Smelting GmbH & Co. KGGermany
TantalumTelex MetalsUnited States of America
TantalumUlba Metallurgical Plant JSCKazakhstan
TantalumXIMEI RESOURCES (GUANGDONG) LIMITEDChina
TantalumXinXing HaoRong Electronic Material Co., Ltd.China
TantalumYanling Jincheng Tantalum & Niobium Co., Ltd.China
TinAlphaUnited States of America
TinAurubis BeerseBelgium
TinAurubis BerangoSpain
TinChenzhou Yunxiang Mining and Metallurgy Co., Ltd.China
TinChifeng Dajingzi Tin Industry Co., Ltd.China
TinChina Tin Group Co., Ltd.China
TinCRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil LtdaBrazil
TinCRM SynergiesSpain
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TinCV Ayi JayaIndonesia
TinCV Venus Inti PerkasaIndonesia
TinDowaJapan
TinDS MyanmarMyanmar
TinEM VintoBolivia (Plurinational State of)
TinEstanho de Rondonia S.A.Brazil
TinFabrica Auricchio Industria e Comercio Ltda.Brazil
TinFenix MetalsPoland
TinGejiu Non-Ferrous Metal Processing Co., Ltd.China
TinGuangdong Hanhe Non-Ferrous Metal Co., Ltd.China
TinHuiChang Hill Tin Industry Co., Ltd.China
TinJiangxi New Nanshan Technology Ltd.China
TinLuna Smelter, Ltd.Rwanda
TinMagnu's Minerais Metais e Ligas Ltda.Brazil
TinMalaysia Smelting Corporation (MSC)Malaysia
TinMetallic Resources, Inc.United States of America
TinMineracao Taboca S.A.Brazil
TinMining Minerals Resources SARL
Congo, Democratic Republic of the
TinMinsurPeru
TinMitsubishi Materials CorporationJapan
TinO.M. Manufacturing (Thailand) Co., Ltd.Thailand
TinO.M. Manufacturing Philippines, Inc.Philippines
TinOperaciones Metalurgicas S.A.Bolivia (Plurinational State of)
TinPT Aries Kencana SejahteraIndonesia
TinPT Artha Cipta LanggengIndonesia
TinPT ATD Makmur Mandiri JayaIndonesia
TinPT Babel Inti PerkasaIndonesia
TinPT Babel Surya Alam LestariIndonesia
TinPT Bangka Prima TinIndonesia
TinPT Bangka SerumpunIndonesia
TinPT Belitung Industri SejahteraIndonesia
TinPT Bukit TimahIndonesia
TinPT Cipta Persada MuliaIndonesia
TinPT Menara Cipta MuliaIndonesia
TinPT Mitra Stania PrimaIndonesia
TinPT Mitra Sukses GlobalindoIndonesia
TinPT Premium Tin IndonesiaIndonesia
TinPT Prima Timah UtamaIndonesia
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TinPT Putera Sarana Shakti (PT PSS)Indonesia
TinPT Rajawali Rimba PerkasaIndonesia
TinPT Rajehan AriqIndonesia
TinPT Refined Bangka TinIndonesia
TinPT Sariwiguna BinasentosaIndonesia
TinPT Stanindo Inti PerkasaIndonesia
TinPT Sukses Inti Makmur (SIM)Indonesia
TinPT Timah Tbk KundurIndonesia
TinPT Timah Tbk MentokIndonesia
TinPT Tinindo Inter NusaIndonesia
TinPT Tommy UtamaIndonesia
TinResind Industria e Comercio Ltda.Brazil
TinRui Da HungTaiwan, Province of China
TinSuper LigasBrazil
TinThaisarcoThailand
TinTin Smelting Branch of Yunnan Tin Co., Ltd.China
TinTin Technology & RefiningUnited States of America
TinWhite Solder Metalurgia e Mineracao Ltda.Brazil
TinYunnan Chengfeng Non-ferrous Metals Co., Ltd.China
TungstenA.L.M.T. Corp.Japan
TungstenAsia Tungsten Products Vietnam Ltd.Vietnam
TungstenChina Molybdenum Tungsten Co., Ltd.China
TungstenChongyi Zhangyuan Tungsten Co., Ltd.China
TungstenCronimet Brasil LtdaBrazil
TungstenFujian Xinlu Tungsten Co., Ltd.China
TungstenGanzhou Jiangwu Ferrotungsten Co., Ltd.China
TungstenGanzhou Seadragon W & Mo Co., Ltd.China
TungstenGlobal Tungsten & Powders LLCUnited States of America
TungstenGuangdong Xianglu Tungsten Co., Ltd.China
TungstenH.C. Starck Tungsten GmbHGermany
TungstenHubei Green Tungsten Co., Ltd.China
TungstenHunan Chenzhou Mining Co., Ltd.China
TungstenHunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products BranchChina
TungstenJapan New Metals Co., Ltd.Japan
TungstenJiangwu H.C. Starck Tungsten Products Co., Ltd.China
TungstenJiangxi Gan Bei Tungsten Co., Ltd.China
TungstenJiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.China
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TungstenJiangxi Xinsheng Tungsten Industry Co., Ltd.China
TungstenJiangxi Yaosheng Tungsten Co., Ltd.China
TungstenKennametal FallonUnited States of America
TungstenKennametal HuntsvilleUnited States of America
TungstenLianyou Metals Co., Ltd.Taiwan, Province of China
TungstenMalipo Haiyu Tungsten Co., Ltd.China
TungstenMasan High-Tech MaterialsVietnam
TungstenNiagara Refining LLCUnited States of America
TungstenPhilippine Chuangxin Industrial Co., Inc.Philippines
TungstenTANIOBIS Smelting GmbH & Co. KGGermany
TungstenWolfram Bergbau und Hutten AGAustria
TungstenXiamen Tungsten (H.C.) Co., Ltd.China
TungstenXiamen Tungsten Co., Ltd.China

* Smelters and refiners that have been designated by the RMAP as “Active” as of April 4, 2024    



Countries of Origin for Conflict Minerals, to the Extent Known
AustraliaGuineaPeru
Benin**GuyanaPhilippines
BoliviaIndonesiaRussia
Bolivia (Plurinational State of)Korea, Republic ofRwanda**
BrazilLaosSierra Leone
BurundiMadagascarSouth Africa
CanadaMalaysiaSpain
ChileMongoliaSweden
ChinaMozambiqueTanzania**
ColombiaMyanmarThailand
Congo, Democratic Republic of the**NicaraguaUnited Kingdom
EthiopiaNigerUzbekistan
FranceNigeriaVietnam
GhanaPapua New GuineaZimbabwe

**The DRC or one or more of the Covered Countries were identified in the aggregated list of potential countries of origin reported by RMI for the conformant smelters and refiners listed above. As Amkor’s direct suppliers generally provide smelter and refiner information at the company level, the aggregated information reported by RMI does not necessarily imply that minerals originating from the DRC or a Covered Country are incorporated in the materials purchased by Amkor.
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