EX-1.01 2 d933498dex101.htm EX-1.01 EX-1.01

Exhibit 1.01

Avago Technologies Limited

Conflict Minerals Report

For The Calendar Year Ended December 31, 2014

This Conflict Minerals Report (this “Report”) of Avago Technologies Limited for the calendar year ended December 31, 2014 (the “Reporting Period”) is filed in accordance with Rule 13p-1 under the Securities Exchange Act of 1934, as amended (the “Rule”) and pursuant to the Company’s Specialized Disclosure Report on Form SD (“Form SD”) for the Reporting Period filed with the Securities and Exchange Commission (the “SEC”). The Rule imposes certain reporting and disclosure obligations on SEC registrants for which cassiterite, columbite-tantalite, gold, wolframite, or their derivatives, which are limited to tin, tantalum and tungsten (“conflict minerals”) are necessary to the functionality or production of a product manufactured, or contracted to be manufactured, by the registrant. References in this Report to “Avago,” “the Company,” “we,” “our,” or “us” refer to Avago Technologies Limited and its subsidiaries, on a consolidated basis, unless otherwise indicated or the context otherwise requires.

Company and Product Overview

We are a leading designer, developer and global supplier of a broad range of semiconductor devices with a focus on analog III-V based products and complex digital and mixed signal complementary metal–oxide–semiconductor based devices. We offer analog products based on III-V semiconductor materials, which have higher electrical conductivity than silicon and thus tend to have better performance characteristics in radio frequency and optoelectronic applications. III-V refers to elements from the 3rd and 5th groups in the periodic table of chemical elements, and examples of these materials are gallium arsenide, gallium nitride, and indium phosphide. We have a history of innovation and offer thousands of products that are used in end products such as smartphones, hard disk drives, computer servers, consumer appliances, data networking and telecommunications equipment, enterprise storage and servers, and factory automation and industrial equipment. We have four reportable segments: wireless communications, enterprise storage, wired infrastructure and industrial & other, which align with our principal target markets. We differentiate ourselves through our high performance design and integration capabilities and focus on developing products for target markets where we believe we can earn attractive margins.

Design of Conflict Mineral Program

Avago’s due diligence framework with regards to conflict minerals, which is summarized below, is designed to conform in all material respects with the Organization for Economic Co-operation and Development (“OECD”) Guidance for Responsible Supply Chains for Minerals from Conflict-Affected and High Risk Areas, and the Supplements on Tin, Tantalum and Tungsten and on Gold.

Step 1- Establish strong company management systems:

 

    Adopt a Conflict Mineral Policy and make it publicly available on our website (http://www.avagotech.com/pages/corporate/citizenship/the_environment/ ).

 

    Establish an internal conflict minerals team led by our Global Quality organization to implement our conflict minerals policy, which reports program activities to executive management on a regular basis.

 

    Establish a public email address (avago.conflict-minerals@avagotech.com) and a webpage on our website (http://www.avagotech.com/pages/contact/) for general inquiries.

 

    Establish a grievance mechanism to enable employees, suppliers and stakeholders to report any concerns and violations.

 

    Maintain records relating to our conflict minerals program .

 

    Utilize the Conflict Minerals Reporting Template (“CMRT”), a standardized reporting template developed by the Conflict-Free Sourcing Initiative (“CFSI”) to identify smelters and refiners that process the necessary conflict minerals contained in our products.


Step 2- Identify and assess risks in the supply chain

 

    Survey our supply chain using the CMRT, requesting identified direct suppliers to identify smelters and refiners and country of origin of the conflict minerals.

 

    Contact suppliers who returned CMRT with trigger items to follow up based on internally defined criteria.

 

    Compare our final smelters and refiners list against the list of facilities maintained by the Conflict-Free Smelters Program (“CFSP”) to identify which smelters and refiners are certified “conflict-free” (CFSP-compliant) or active.

Step 3- Design and implement a strategy to respond to identified risks

 

    Devise a risk management plan to respond to identified risk in the event that Avago’s due diligence process identifies smelters in the supply chain to be sourcing or processing conflict minerals from DRC or adjoining countries (together, the “DRC”), and have not been certified “conflict-free”.

 

    Perform risk mitigation efforts by encouraging suppliers to purchase materials from smelters or refiners validated as “conflict-free” by an independent auditor to demonstrate compliant with the CFSP assessment protocols and implement due diligence measures for conflict-free sourcing.

 

    Contact smelters and refiners who are not certified “conflict-free” or active, whose email contact information is available from CFSI, to participate in an independent third party audit program to demonstrate compliant with the CFSP assessment protocols.

 

    Provide status reports including information on the source and chain of custody of conflict minerals in our supply chain to our senior management regularly.

Step 4- Independent third-party audit of smelter/refiner’s due diligence practices

 

    Avago supports the development of a range of tools and resources including the CFSP, the CMRT, Reasonable Country of Origin Inquiry data and a range of guidance documents on conflict minerals sourcing through our membership with CFSI.

 

    As Avago does not source directly from conflict minerals processing facilities, we rely on CFSP to coordinate independent third-party audits on smelters and refiners.

Step 5- Report annually on supply chain due diligence

 

    In accordance with the Rule, Avago will file a Form SD and Conflict Minerals Report (“CMR”) with SEC on an annual basis. Our CMR is also available on our website (http://www.avagotech.com/pages/corporate/citizenship/the_environment/).

Description of Due Diligence Measures Performed

 

    Sent our policy to suppliers to communicate the Company’s goal, expectations to co-operate in providing due diligence information, encouraged suppliers to purchase materials from smelters or refiners validated as “conflict-free” by an independent auditor demonstrated compliant to CFSP assessment protocols and requested that suppliers return a completed CMRT.

 

    Contacted suppliers who returned the CMRT with trigger items to follow up based on internally defined criteria.


    Compared our final smelters and refiners list (compiled based on information received from suppliers) against the list of facilities maintained by CFSP to identify which smelters and refiners are certified “conflict-free” or active.

 

    Performed outreach via email to smelters and refiners who are not certified “conflict-free” or active, whose email contact information is available from CFSI, by sending CFSI’s standard smelter engagement letter inviting them to commence their participation in an independent third party audit program to demonstrate their compliance with the CFSP assessment protocols.

 

    Provided status reports including information on the source and chain of custody of conflict minerals in our supply chain to our senior management regularly, at least once a quarter.

Results of Our Due Diligence Measures

Avago uses tin, tantalum, tungsten and gold (“3TG”) in the design and manufacture of many of its products and is therefore a “downstream” company in the conflict mineral supply chain. Due to the nature of our supply chain, we do not typically have a direct relationship with 3TG smelters and refiners. Our manufacturing operations employ a wide variety of semiconductors, electromechanical components and raw materials that are also supplied by other downstream companies in the supply chain. Our due diligence process involves seeking data from our relevant suppliers, and these suppliers seeking similar information from their supply chain in order to identify the sources for the necessary conflict minerals. We rely on the good faith efforts of our supply chain to provide us with reasonable data. We also depend largely on information collected and provided by CFSI obtained through their independent third party audit programs. We achieved a response rate of 98% for our supply chain survey.

Many of our suppliers sourced 3TG from a variety of upstream sources and provided information to us on an aggregated, company-wide level. Due to the fungible nature of these materials, we understand that these suppliers were unable to trace the 3TG that they source into the products provided to any particular customers (including Avago). As a result, our list of facilities potentially contains more facilities that are actually used in our supply chain. In addition, our list of facilities may not include all the smelters and refiners in our supply chain as our suppliers were unable to identify the smelters and refiners of some of the conflict minerals and not all of our suppliers responded to our survey.

We compare smelters and refiners declared by our suppliers against the list of facilities that are certified “conflict free” by the CFSP and obtain countries of origin information (when available) from CFSI. We have identified 253 smelters and refiners determined to be legitimate processing facilities by the CFSI, of which 132 have been validated as CFSP-compliant (certified “conflict-free”), 53 are listed as “Active” as they are at various stage of the audit cycle in the CFSP, and the remaining 68 have no known participation in the CFSP. However, we were unable to ascertain the country of origin and/or chain of custody of all necessary conflict minerals because, for this reporting period, many smelter and refiner facilities had not yet received a “conflict free” designation.

As reported to us by our relevant suppliers, we have included a list of smelters and refiners determined to be legitimate processing facilities by the CFSI and the locations of these facilities at the end of this report.

Ongoing Improvement Efforts

For the next reporting period, Avago intends to implement steps to further mitigate the risk that conflict minerals that are necessary to the functionality or production of our products finance or benefit armed groups in the DRC.

These steps include:

 

  a. work with relevant suppliers to update their conflict minerals reporting template using the latest CMRT, and verify the identified smelters with the latest CFSI’s updated CFSI list;


  b. continue to refine our conflict minerals program to improve our reasonable due diligence measures in our effort to determine the source and chain of custody of conflict minerals;

 

  c. continue to work with suppliers and others on industry-wide solutions to enable products that are DRC conflict free;

 

  d. as required by the Rule, obtain an independent private sector audit for the Report for next reporting period; and

 

  e. adopt conflict mineral language to be included in the Company’s contract provisions and/or purchase orders.

Tables of Our Conflict Minerals Processing Smelters or Refiners

The smelter and refiner facility names and country location set forth in the lists below are based on information provided by CFSI as of 19th February 2015.

Table 1: Smelters and refiners that have been certified “conflict-free” (CFSP-compliant)

 

Metal

 

Smelter or Refiner Name

 

Country Location

Gold   Allgemeine Gold-und Silberscheideanstalt A.G.   Germany
Gold   AngloGold Ashanti Córrego do Sítio Minerção   Brazil
Gold   Argor-Heraeus SA   Switzerland
Gold   Asahi Pretec Corporation   Japan
Gold   Atasay Kuyumculuk Sanayi Ve Ticaret A.S.   Turkey
Gold   Aurubis AG   Germany
Gold   Boliden AB   Sweden
Gold   C. Hafner GmbH + Co. KG   Germany
Gold   CCR Refinery – Glencore Canada Corporation   Canada
Gold   Chimet S.p.A.   Italy
Gold   Dowa   Japan
Gold   Eco-System Recycling Co., Ltd.   Japan
Gold   Heimerle + Meule GmbH   Germany
Gold   Heraeus Ltd. Hong Kong   Hong Kong
Gold   Heraeus Precious Metals GmbH & Co. KG   Germany
Gold   Ishifuku Metal Industry Co., Ltd.   Japan
Gold   Istanbul Gold Refinery   Turkey
Gold   Japan Mint   Japan
Gold   Johnson Matthey Inc   United States
Gold   Johnson Matthey Ltd   Canada
Gold   JSC Ekaterinburg Non-Ferrous Metal Processing Plant   Russian Federation
Gold   JX Nippon Mining & Metals Co., Ltd.   Japan
Gold   Kazzinc Ltd   Kazakhstan
Gold   Kennecott Utah Copper LLC   United States
Gold   Kojima Chemicals Co., Ltd   Japan
Gold   L’ azurde Company For Jewelry   Saudi Arabia


Gold LS-NIKKO Copper Inc. Korea, Republic Of
Gold Materion United States
Gold Matsuda Sangyo Co., Ltd. Japan
Gold Metalor Technologies (Hong Kong) Ltd Hong Kong
Gold Metalor Technologies (Singapore) Pte. Ltd. Singapore
Gold Metalor Technologies SA Switzerland
Gold Metalor USA Refining Corporation United States
Gold Met-Mex Peñoles, S.A. Mexico
Gold Mitsubishi Materials Corporation Japan
Gold Mitsui Mining and Smelting Co., Ltd. Japan
Gold Nadir Metal Rafineri San. Ve Tic. A.Ş. Turkey
Gold Nihon Material Co. LTD Japan
Gold Ohio Precious Metals, LLC United States
Gold Ohura Precious Metal Industry Co., Ltd Japan
Gold OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastvetmet) Russian Federation
Gold PAMP SA Switzerland
Gold PT Aneka Tambang (Persero) Tbk Indonesia
Gold PX Précinox SA Switzerland
Gold Rand Refinery (Pty) Ltd South Africa
Gold Royal Canadian Mint Canada
Gold Schone Edelmetaal Netherlands
Gold SEMPSA Joyería Platería SA Spain
Gold Solar Applied Materials Technology Corp. Taiwan
Gold Sumitomo Metal Mining Co., Ltd. Japan
Gold Tanaka Kikinzoku Kogyo K.K. Japan
Gold The Refinery of Shandong Gold Mining Co. Ltd China
Gold Tokuriki Honten Co., Ltd Japan
Gold Umicore Brasil Ltda Brazil
Gold Umicore Precious Metals Thailand Thailand
Gold Umicore SA Business Unit Precious Metals Refining Belgium
Gold United Precious Metal Refining, Inc. United States
Gold Valcambi SA Switzerland
Gold Western Australian Mint trading as The Perth Mint Australia
Tantalum Changsha South Tantalum Niobium Co., Ltd. China
Tantalum Conghua Tantalum and Niobium Smeltry China
Tantalum Duoluoshan China
Tantalum Exotech Inc. United States
Tantalum F&X Electro-Materials Ltd. China
Tantalum Global Advanced Metals Aizu Japan
Tantalum Global Advanced Metals Boyertown United States
Tantalum Guangdong Zhiyuan New Material Co., Ltd China
Tantalum Guizhou Zhenhua Xinyun Technology Ltd., Kaili branch China


Tantalum H.C. Starck Co., Ltd. Thailand
Tantalum H.C. Starck GmbH Goslar Germany
Tantalum H.C. Starck GmbH Laufenburg Germany
Tantalum H.C. Starck Hermsdorf GmbH Germany
Tantalum H.C. Starck Inc. United States
Tantalum H.C. Starck Ltd. Japan
Tantalum H.C. Starck Smelting GmbH & Co.KG Germany
Tantalum Hengyang King Xing Lifeng New Materials Co., Ltd China
Tantalum Hi-Temp United States
Tantalum JiuJiang JinXin Nonferrous Metals Co., Ltd. China
Tantalum Jiujiang Tanbre Co., Ltd. China
Tantalum KEMET Blue Metals Mexico
Tantalum Kemet Blue Powder United States
Tantalum LSM Brasil S.A. Brazil
Tantalum Metallurgical Products India (Pvt.) Ltd. India
Tantalum Mineração Taboca S.A. Brazil
Tantalum Mitsui Mining & Smelting Japan
Tantalum Molycorp Silmet A.S. Estonia
Tantalum Ningxia Orient Tantalum Industry Co., Ltd. China
Tantalum Plansee SE Liezen Austria
Tantalum Plansee SE Reutte Austria
Tantalum QuantumClean United States
Tantalum RFH Tantalum Smeltry Co., Ltd China
Tantalum Solikamsk Magnesium Works OAO Russian Federation
Tantalum Taki Chemicals Japan
Tantalum Telex United States
Tantalum Ulba Kazakhstan
Tantalum Yichun Jin Yang Rare Metal Co., Ltd China
Tantalum Zhuzhou Cement Carbide China
Tin Alpha United States
Tin CV United Smelting Indonesia
Tin Dowa Japan
Tin Gejiu Non-Ferrous Metal Processing Co. Ltd. China
Tin Magnu’s Minerais Metais e Ligas LTDA Brazil
Tin Malaysia Smelting Corporation (MSC) Malaysia
Tin Melt Metais e Ligas S/A Brazil
Tin Mineração Taboca S.A. Brazil
Tin Minsur Peru
Tin Mitsubishi Materials Corporation Japan
Tin OMSA Bolivia
Tin PT ATD Makmur Mandiri Jaya Indonesia
Tin PT Babel Inti Perkasa Indonesia
Tin PT Bangka Putra Karya Indonesia


Tin   PT Bangka Tin Industry   Indonesia
Tin   PT Bukit Timah   Indonesia
Tin   PT DS Jaya Abadi   Indonesia
Tin   PT Eunindo Usaha Mandiri   Indonesia
Tin   PT Refined Bangka Tin   Indonesia
Tin   PT Sariwiguna Binasentosa   Indonesia
Tin   PT Stanindo Inti Perkasa   Indonesia
Tin   PT Tambang Timah   Indonesia
Tin   PT Timah (Persero), Tbk   Indonesia
Tin   Thaisarco   Thailand
Tin   White Solder Metalurgia e Mineração Ltda.   Brazil
Tin   Yunnan Tin Company, Ltd.   China
Tungsten   Ganzhou Huaxing Tungsten Products Co., Ltd.   China
Tungsten   Ganzhou Jiangwu Ferrotungsten Co., Ltd.   China
Tungsten   Ganzhou Seadragon W & Mo Co., Ltd.   China
Tungsten   Global Tungsten & Powders Corp.   United States
Tungsten   Hunan Chunchang Nonferrous Metals Co., Ltd.   China
Tungsten   Japan New Metals Co., Ltd.   Japan
Tungsten   Malipo Haiyu Tungsten Co., Ltd.   China
Tungsten   Xiamen Tungsten (H.C.) Co., Ltd.   China
Tungsten   Xiamen Tungsten Co., Ltd   China

Table 2: Smelters and refiners that have not been certified conflict-free but actively working towards it (Active)

 

Metal

 

Smelter or Refiner Name

 

Country Location

Gold   Aida Chemical Industries Co. Ltd.   Japan
Gold   Asaka Riken Co Ltd   Japan
Gold   Cendres & Métaux SA   Switzerland
Gold   Sabin Metal Corp.   United States
Gold   Shandong Zhaojin Gold & Silver Refinery Co. Ltd   China
Gold   SOE Shyolkovsky Factory of Secondary Precious Metals   Russian Federation
Gold   Yamamoto Precious Metal Co. Ltd.   Japan
Gold   Yokohama Metal Co Ltd   Japan
Tantalum   King-Tan Tantalum Industry Ltd   China
Tin   China Rare Metal Materials Company   China
Tin   China Tin Group Co., Ltd.   China
Tin   Cooper Santa   Brazil
Tin   CV Gita Pesona   Indonesia
Tin   CV JusTindo   Indonesia
Tin   CV Nurjanah   Indonesia
Tin   CV Serumpun Sebalai   Indonesia
Tin   EM Vinto   Bolivia


Tin   Fenix Metals   Poland
Tin   Metallo Chimique   Belgium
Tin   O.M. Manufacturing (Thailand) Co., Ltd.   Thailand
Tin   O.M. Manufacturing Philippines, Inc.   Philippines
Tin   PT Artha Cipta Langgeng   Indonesia
Tin   PT Belitung Industri Sejahtera   Indonesia
Tin   PT BilliTin Makmur Lestari   Indonesia
Tin   Pt Inti Stania Prima   Indonesia
Tin   PT Karimun Mining   Indonesia
Tin   PT Mitra Stania Prima   Indonesia
Tin   PT Panca Mega Persada   Indonesia
Tin   PT Prima Timah Utama   Indonesia
Tin   PT Sumber Jaya Indah   Indonesia
Tin   PT Tinindo Inter Nusa   Indonesia
Tin   Rui Da Hung   Taiwan
Tin   Soft Metais, Ltda.   Brazil
Tin   Yunnan Chengfeng Non-ferrous Metals Co.,Ltd.   China
Tungsten   Chenzhou Diamond Tungsten Products Co., Ltd.   China
Tungsten   Chongyi Zhangyuan Tungsten Co Ltd   China
Tungsten   Fujian Jinxin Tungsten Co., Ltd.   China
Tungsten   Ganzhou Non-ferrous Metals Smelting Co., Ltd.   China
Tungsten   Guangdong Xianglu Tungsten Co., Ltd.   China
Tungsten   Jiangxi Gan Bei Tungsten Co., Ltd.   China
Tungsten   Vietnam Youngsun Tungsten Industry Co., Ltd   Viet Nam
Tungsten   Wolfram Bergbau und Hütten AG   Austria
Tungsten   Xinhai Rendan Shaoguan Tungsten Co., Ltd.   China
Tungsten   Dayu Weiliang Tungsten Co., Ltd.   China
Tungsten   H.C. Starck GmbH   Germany
Tungsten   H.C. Starck Smelting GmbH & Co.KG   Germany
Tungsten   Hunan Chenzhou Mining Group Co., Ltd.   China
Tungsten   Jiangwu H.C. Starck Tungsten Products Co., Ltd.   China
Tungsten   Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.   China
Tungsten   Jiangxi Xinsheng Tungsten Industry Co., Ltd.   China
Tungsten   Kennametal Fallon   United States
Tungsten   Kennametal Huntsville   United States
Tungsten   Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC   Vietnam

Table 3: Smelters and refiners that have not been certified conflict-free and with no known participation in CFSP

 

Metal

 

Smelter or Refiner Name

 

Country Location

Gold   * Chugai Mining   Japan
Gold   * Do Sung Corporation   Korea, Republic Of


Gold * Hwasung CJ Co. Ltd Korea, Republic Of
Gold * Korea Metal Co. Ltd Korea, Republic Of
Gold * Samwon Metals Corp. Korea, Republic Of
Gold * Torecom Korea, Republic Of
Tin * CNMC (Guangxi) PGMA Co. Ltd. China
Tungsten * A.L.M.T. Corp. Japan
Tungsten * Tejing (Vietnam) Tungsten Co., Ltd. Vietnam
Tungsten * Wolfram Company CJSC Russian Federation
Gold Advanced Chemical Company United States
Gold Almalyk Mining and Metallurgical Complex (AMMC) Uzbekistan
Gold Bangko Sentral ng Pilipinas (Central Bank of the Philippines) Philippines
Gold Bauer Walser AG Germany
Gold Caridad Mexico
Gold Daejin Indus Co. Ltd Korea, Republic Of
Gold Daye Non-Ferrous Metals Mining Ltd. China
Gold Doduco Germany
Gold Faggi Enrico S.p.a Italy
Gold FSE Novosibirsk Refinery Russian Federation
Gold Gansu Seemine Material Hi-Tech Co Ltd China
Gold Guangdong Jinding Gold Limited China
Gold Hangzhou Fuchunjiang Smelting Co., Ltd. China
Gold Hunan Chenzhou Mining Industry Group China
Gold Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited China
Gold Jiangxi Copper Company Limited China
Gold JSC Uralelectromed Russian Federation
Gold Kyrgyzaltyn JSC Kyrgyzstan
Gold Lingbao Gold Company Limited China
Gold Lingbao Jinyuan Tonghui Refinery Co. Ltd. China
Gold Luoyang Zijin Yinhui Metal Smelt Co Ltd China
Gold Moscow Special Alloys Processing Plant Russian Federation
Gold Navoi Mining and Metallurgical Combinat Uzbekistan
Gold OJSC Kolyma Refinery Russian Federation
Gold Penglai Penggang Gold Industry Co Ltd China
Gold Prioksky Plant of Non-Ferrous Metals Russian Federation
Gold So Accurate Group, Inc. United States
Gold The Great Wall Gold and Silver Refinery of China China
Gold Tongling nonferrous Metals Group Co.,Ltd China
Gold Yunnan Copper Industry Co Ltd China
Gold Zhongyuan Gold Smelter of Zhongjin Gold Corporation China
Gold Zijin Mining Group Co. Ltd China
Tantalum Shanghai Jiangxi Metals Co. Ltd China
Tin CV Makmur Jaya Indonesia


Tin Estanho de Rondônia S.A. Brazil
Tin Feinhütte Halsbrücke GmbH Germany
Tin Gejiu Kai Meng Industry and Trade LLC China
Tin Gejiu Zi-Li China
Tin Huichang Jinshunda Tin Co. Ltd China
Tin Linwu Xianggui Smelter Co China
Tin Metallic Resources Inc United States
Tin Nankang Nanshan Tin Manufactory Co., Ltd China
Tin Novosibirsk Integrated Tin Works Russian Federation
Tin PT Alam Lestari Kencana Indonesia
Tin PT Babel Surya Alam Lestari Indonesia
Tin PT Bangka Kudai Tin Indonesia
Tin PT Bangka Timah Utama Sejahtera Indonesia
Tin PT Fang Di MulTindo Indonesia
Tin PT Hanjaya Perkasa Metals Indonesia
Tin PT HP Metals Indonesia Indonesia
Tin PT Koba Tin Indonesia
Tin PT Pelat Timah Nusantara Tbk Indonesia
Tin PT Seirama Tin investment Indonesia
Tin PT Supra Sukses Trinusa Indonesia
Tin PT Tommy Utama Indonesia
Tin PT Yinchendo Mining Industry Indonesia
Tungsten Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd. China
Tungsten Jiangxi Richsea New Materials Co., Ltd. China

 

* According to CFSI, these smelters or refiners are in communication with CFSI with regards to CFSP participation.