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ORMAT TECHNOLOGIES, INC. Regulatory Filings 2022

May 27, 2022

6968_rns_2022-05-27_85ccbbdd-ebc6-4514-9be3-361889160799.pdf

Regulatory Filings

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM SD SPECIALIZED DISCLOSURE REPORT

Ormat Technologies, Inc.

(Exact name of the registrant as specified in its charter)

Delaware 001-32347

(State or other jurisdiction of incorporation)

(Commission file number)

6140 Plumas Street, Reno, Nevada 89519-6075

(Address of principal executive offices) (Zip code)

Assaf Ginzburg Chief Financial Officer (775) 356-9029

(Name and telephone number, including area code, of the person to contact in connection with this report.)

Check the appropriate box to indicate the rule pursuant to which this form is being filed:

☒ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2021.

☐ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended ___________.

Section 1 – Conflict Minerals Disclosure

1.01Conflict Minerals Disclosure and Report

Conflict Minerals Disclosure

This Specialized Disclosure Report on Form SD (this "Form SD") of Ormat Technologies, Inc. ("Ormat", the "Company" or "we") for the reporting period from January 1, 2021 to December 31, 2021 is presented to comply with Rule 13p-1 ("Rule 13p-1") promulgated under the Exchange Act of 1934, as amended (the "Exchange Act"). In accordance with Rule 13p-1 and our Conflict Minerals Policy, published at

https://www.ormat.com/Warehouse/userUploadFiles/Image/Ormat%20Conflict%20Minerals%20 Policy.pdf, we have concluded that during the 2021 calendar year, (i) we have manufactured and contracted to manufacture products (the "Covered Products") containing Conflict Minerals (as defined below), and, for which (ii) the use of these minerals is necessary to the functionality or production of such products. Based on our good faith reasonable country of origin inquiry, the Company has reason to believe that Conflict Minerals necessary to the functionality or production of the Covered Products may have originated in the Democratic Republic of the Congo (the "DRC") and certain adjoining countries (collectively with the DRC, the "Covered Countries") and that such Conflict Minerals may not be entirely from recycled or scrap sources. As defined by the Rule 13p-1, and for the purposes of this Form SD, the Conflict Minerals are cassiterite, columbite-tantalite (coltan), gold, wolframite, and their derivatives, which are limited to tin, tantalum, tungsten, and gold (collectively, the "Conflict Minerals" or "3TG").

On the basis of these conclusions, the Company proceeded to exercise due diligence on its minerals supply chain in order to determine, with a reasonable degree of certainty given the information provided by our suppliers, the source and chain of custody of the Conflict Minerals contained in its Covered Products that were manufactured or contracted to manufacture in 2021. Therefore, and in order to present our findings, the Company submits its conflict minerals report (the "Report") as an exhibit to this Form SD for the reporting period from January 1, 2021 to December 31, 2021. The Report describes the Conflict Minerals due diligence that the Company has designed and performed, which was designed according to the Organization for Economic Co-operation and Development ("OECD") Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (2016) and related Supplements (the "OECD Due Diligence Guidance"). The Report has not been subject to an independent private sector audit.

Based on the information obtained by the Company during the due diligence process, the Company does not have sufficient information, with respect to the Covered Products, to determine the country of origin, or likely country of origin, for each of the Conflict Minerals in each of the Covered Products. However, based on the information that has been obtained during the due diligence process, to the extent reasonably determinable by the Company with respect to the smelters or refiners identified by the Company's suppliers, the likely countries of origin of the Conflict Minerals used in Covered Products in 2021 are listed in Annex 2 to the Company's Report, attached to this Form SD as Exhibit 1.01.

Copies of this Form SD and the Report are also published on a publicly available Internet site at

https://investor.ormat.com/sec-filings/documents/sec-filingsdetails/default.aspx?FilingId=14182469

The content of any website referred to in this Form SD is included for general information only and is not incorporated by reference herein.

Item 1.02 – Exhibit

As specified in Section 3, Item 3.01 of this Form SD, the Company is hereby filing its Conflict Minerals Report as Exhibit 1.01 to this Form SD.

Section 2 – Resource Extraction issuer Disclosure

Item 2.01 – Resource Extraction Issuer Disclosure and Report

Not applicable.

Section 3 – Exhibits Item 3.01 Exhibits

List below the following exhibit filed as part of this report.

Exhibit 1.01 – Conflict Minerals Report for Ormat Technologies, Inc.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

ORMAT TECHNOLOGIES, INC. By: /s/Assaf Ginzburg Name: Assaf Ginzburg Title: Chief Financial Officer Date: May 27, 2022

EX-1.01 (Exhibit 1.01)

Conflict Minerals Report of Ormat Technologies, Inc. For the Year Ended December 31, 2021

Introduction:

We are a Delaware corporation, whose shares of common stock are listed on the New York Stock Exchange and on the Tel Aviv Stock Exchange and are registered with the Securities and Exchange Commission (the "SEC").

We are a leading vertically integrated company that is primarily engaged in the geothermal energy power business. Ormat is leveraging its core capabilities and global presence to expand its activity in recovered energy generation and into different energy storage services and solar photovoltaic (PV) (including hybrid geothermal and solar PV as well as energy storage plus Solar PV).

Ormat aims to become a leading global provider of renewable energy and has adopted a strategic plan to focus on several key initiatives to expand its business.

This is the Conflict Minerals Report (this "Report") of Ormat Technologies, Inc. ("Ormat", the "Company" or "we") for the reporting period from January 1, 2021 to December 31, 2021, which has been prepared in accordance with Rule 13p-1 ("Rule 13p-1"), promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Rule 13p-1 requires every registrant that files reports with the SEC under Sections 13(a) or 15(d) of the Exchange Act to disclose certain information when the registrant manufactures or contracts to manufacture products and when the minerals specified in Rule 13p-1 are necessary to the functionality or production of those products. The specified minerals are cassiterite, columbite-tantalite (coltan), gold, wolframite, and their derivatives, which are limited to tin, tantalum, tungsten, and gold (collectively, the "Conflict Minerals" or "3TG"), that originate, or are likely originate, in the Democratic Republic of the Congo (the "DRC") and certain adjoining countries (collectively with the DRC, the "Covered Countries").

As part of Ormat's sustainability approach, our Supplier Code of Conduct and Code of Business Conduct and Ethics outlines the Company's overall principles and commitments to legal compliance, ethical conduct, human rights, anti-corruption, labor rights and environmental protection. These high expectations extend to Ormat's partners, subcontractors and suppliers. We have adopted a policy (the "Conflict Minerals Policy") with respect to our sourcing of Conflict Minerals, which was developed in accordance with the Organization for Economic Co-operation and Development ("OECD") guidance, and we implement a comprehensive Conflict Minerals

program aimed to ensure responsible sourcing. Our Conflict Minerals Policy is available at http://www.ormat.com/social-responsibility-and-sustainability.

Unless otherwise defined herein, defined terms used in this Report have the meaning ascribed to such terms in Rule 13p-1 and Form SD.

1. Overview

Company Overview

Ormat and its subsidiaries currently conduct business activities in the following three business segments:

  • Electricity Segment: In this segment, we develop, build, own and operate geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world and sell the electricity they generate.
  • Product Segment: In this segment, we design, manufacture and sell equipment for geothermal and recovered energy-based electricity generation and remote power units and provide services relating to the engineering, procurement, and construction of geothermal, and recovered energy-based power plants.
  • Energy Storage Segment: In this segment, we own and operate grid connected In Front of the Meter (IFM) BESS facilities, which provide capacity, energy and ancillary services directly to the electric grid. We derived all of our Energy Storage segment revenues from our operations in the United States. We plan to accelerate long-term growth in the Energy Storage segment market to establish a leading position in the United States.

Our customers for the Product segment are contractors, geothermal power plant owners and geothermal power plant developers and operators.

For more information about Ormat, please visit www.ormat.com. The content of any website referred to in this Report is included for general information only and is not incorporated by reference herein.

Supply Chain

In accordance with applicable SEC rules, we conducted due diligence on the source and chain of custody of the Conflict Minerals used in our Product Segment. We concluded that no such examination is necessary with respect to the Electricity Segment or the Energy Storage Segment because neither of these segments involves the offer of products by the Company to third parties for consideration.

In connection with our manufacturing activities in the Product Segment, we identified certain Conflict Minerals that are used by us and that are necessary to the functionality and production of our products with regards to the following raw materials or components: steel (low and high

grade), electronic cards and electronic cables (including tin plating). These materials are purchased from our network of suppliers. As a downstream company that does not work directly with the smelters or refiners of the necessary Conflict Minerals, we work with our large network of international suppliers to obtain information on the likely source and chain of custody of those necessary Conflict Minerals and often there are multiple tiers between the 3TG mines and our direct suppliers. Therefore, we rely on our direct Tier 1 suppliers to cooperate with us and work with their own upstream suppliers or subcontractors to provide us with information on the origin of the 3TG in the components we purchase from them that are necessary to the functionality or production of our products. In order to overcome certain challenges in receiving accurate information from a complex supply chain, Ormat has communicated its Conflict Minerals Policy to our suppliers, and has adopted the Responsible Minerals Initiative's ("RMI") reporting template for surveying suppliers, i.e. the Conflict Minerals Reporting Template ("CMRT") of at least version 6.01or above.

2. Reasonable Country of Origin Inquiry (RCOI)

Ormat has conducted a reasonable country of origin inquiry ("RCOI") in good faith to determine whether any of the necessary Conflict Minerals originated, or likely originated, in the DRC or Covered Countries or originated entirely from "recycled or scrap sources" (as such terms are defined in Rule 13p-1). In parallel, we conduct due diligence on our mineral supply chain in order to investigate, to a reasonable degree of accuracy, the likely source and chain of custody of the necessary Conflict Minerals used in our products or product components that is sourced from our global network of suppliers.

As part of our RCOI, we employed several methods to assess whether the necessary Conflict Minerals in our products originated, or likely originated, in the DRC or the Covered Countries, including the following:

  • Conducted an internal assessment and analysis of our products manufactured or contracted to manufacture in 2021 to determine which products contain or may contain Conflict Minerals that are necessary to the functionality or production of those products.
  • Compiled a list of applicable suppliers based on relevant product categories that Ormat purchased from during the calendar year 2021, which list was issued using the Ormat Management System ("OMS") by information technology developers and according to the criteria defined by the OMS manager and the purchasing manager. For calendar year 2021, the list included a total of 1,479 suppliers. Each supplier has a "Purchase Types" field, which contains one of the following values: Services, BOM, Office supplier, Goods and Capital Expenditure. Only the suppliers with "BOM" values in the "Purchase Types" field were applicable for the RCOI under Rule 13p-1.
  • In order to identify and assess risks in the supply chain, we undertook a risk-based approach and engaged the suppliers representing approximately 90% of our 2021 expenditures on procurement for the Product Segment. On that basis, Ormat's final direct

Tier 1 suppliers list ("relevant suppliers") included a total of 90 suppliers for the calendar year 2021 supply chain inquiry.

  • Contracted a third-party service provider to assist us with the survey of suppliers. Through this third-party service provider, we sent letters to our relevant suppliers to explain Rule 13p-1 and to refer the suppliers to online training materials and instructions.
  • Solicited information from our relevant suppliers of raw materials and components of products using the standard template of the independent third-party audit body, the Responsible Minerals Initiative ("RMI"), known as the Conflict Minerals Reporting Template ("CMRT"). We requested that our suppliers provide at least version 6.01 of the CMRT
  • Reviewed the responses that we received and followed up on inconsistent, incomplete, and inaccurate responses. We sent reminders to suppliers who did not respond to our requests for information or to suppliers whose responses required further clarification, as per the expectations noted above. We compared information received from our direct suppliers on their relevant smelters or refiners against the list of facilities that have been validated by RMAP, receiving a "conformant" or "active" status, as well as the documented country of origin information as provided in the declarations from the suppliers. The complete list of smelters or refiners identified in the scope of our supply chain inquiry is included as Annex 1 hereto and the complete list of counties of origin, or likely countries of origin, to the best of our knowledge, is included in Annex 2 hereto.

Currently, we do not have sufficient information from our suppliers to determine the complete list of countries of origin of the Conflict Minerals used in our products or the facilities used to process those Conflict Minerals. Therefore, we cannot exclude the possibility that some of these Conflict Minerals may have originated in the DRC or Covered Countries or are not entirely from recycled or scrap sources .

Based on these results, Ormat conducted due diligence activities and described these activities in this Report.

3. Due Diligence Framework

We designed our due diligence measures to be in conformity, in all material respects, with the internationally recognized due diligence framework as set forth in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (2016) and related Supplements (the "OECD Due Diligence Guidance"). We design our due diligence measures according to the recommendations of the OECD Due Diligence Guidance for downstream companies that have no direct relationships to smelters or refiners.

4. Due Diligence Measures

Our due diligence efforts for the reporting period from January 1, 2021 to December 31, 2021 included the following steps as prescribed by the OECD Due Diligence Guidance:

4.1 Establish strong Company management systems for Conflict Minerals supply chain due diligence and reporting compliance

The Company implemented the following measures:

  • Established a cross-functional Conflict Minerals steering committee comprised of representatives from procurement, legal and finance departments to direct the overall efforts of the Conflict Minerals compliance program, with the Senior Vice President of Finance as the process owner.
  • Continued to implement our Conflict Minerals Policy with respect to sourcing of minerals from the DRC and the Covered Countries. Our Conflict Minerals Policy provides further clarification to the principles of the Code of Conduct and Ormat's Human Rights Approach, as outlined in our Human Rights & Labor Policy, regarding illegal trade of natural resources and promotes the procurement of minerals from credible and conflictfree sources. Pursuant to our Conflict Minerals Policy, we strive to ensure that purchased metals originate only from smelters or refiners that have been validated as being "conformant" or "active" by the RMI's RMAP; however the Company does not seek to eliminate sourcing from the DRC, or Covered Countries. In addition, we expect our suppliers to comply with the terms of our Conflict Minerals Policy and encourage them to define, implement and communicate to their sub-suppliers their own policies outlining their commitment to responsible sourcing of these materials, legal compliance and measures for implementation. The Company's Conflict Minerals Policy is available at: http://www.ormat.com/social-responsibility-and-sustainability.
  • Maintain a grievance mechanism through which concerns and violations of the Conflict Minerals Policy can be reported to Ormat :
    • online via our website www.ormat.com; or
    • by electronic mail to the following address: [email protected].
  • Strengthened our engagement with suppliers by referring suppliers to training materials that included an overview of the applicable SEC rules and instructions on how to respond to the survey.
  • Required our suppliers to provide us the information required to perform our analysis of Conflict Minerals.
  • Implemented a requirement to maintain records relating to Conflict Minerals due diligence and responsible mineral sourcing for a minimum of five years.

4.2 Identify and assess risks in the supply chain

To identify risks in our supply chain, we undertook the following measures:

• We identified two risks in the supply chain: (i) the risk of not receiving timely and accurate information from the supplier; and (ii) the risk of not being able to replace a supplier, when aiming to move towards the goal of responsible sourcing of Conflict Minerals to ensure that the purchase and sourcing of such minerals does not benefit or fund the armed conflict and human rights abuses on-going in the DRC, Covered Countries, or in other conflict-affected areas. We have segmented our suppliers into three risk levels (high, medium and low) by referring to Conflict Minerals-related risks based on suppliers' characteristics, including the extent to which the Company is dependent upon any particular supplier or, conversely, the availability of alternative suppliers. This segmentation allowed us to focus our risk mitigation efforts according to the supplier level of risk.

  • As part of the risk assessment phase, Ormat decided to focus on the top approximately 90% of the purchasing spend in 2021. We have determined that, out of the responses received, 65.4% of Ormat's relevant suppliers have a policy in place that addresses the sourcing of Conflict Minerals.
  • Responses received were subject to a "red flag" review. Responses that we identified as incomplete or inconsistent based on the red flag review process were marked for follow up. We identified the smelters or refiners that are likely a part of our mineral supply chain by conducting a supply chain survey using the CMRT (at least version 6.01 or higher), requesting suppliers to identify relevant smelters or refiners and country of origin, or likely country of origin, of the Conflict Minerals in products supplied to Ormat in 2021. In addition, we compared smelters and refiners identified by the supply chain survey against the list of facilities that received RMAP's "conformant" and "active" designations. The RMAP is a program in which the RMI works with independent third-party auditors or cross-certification programs to audit the source, including mines of origin and chains of custody, of the Conflict Minerals processed by smelters and refiners that agree to undergo an audit or to take part in a cross-certification program.
    • A smelter or refiner is considered RMAP "conformant" if the audited smelter or refiner has successfully completed an RMAP audit and maintains good standing in the program, through a continual validation process. These smelters or refiners have the systems and processes in place to support responsible sourcing of raw materials and can provide evidence to support their sourcing activities.
    • Smelters and refiners labeled as RMAP "active" by the RMI represent smelters and refiners that have committed to undergo an RMAP assessment, completed the relevant documents, and scheduled the on-site assessment. These may be in the pre-assessment, assessment or corrective-action phases of the assessment. The RMI notes on the active smelters list the names of any smelters or refiners that have left the "active" or "conformant" list and intend to re-enter the program.
    • Downstream smelters or refiners may not take part in the RMAP. However, they may participate in the RMI's Downstream Audit Program, an independent validation of companies' sourcing practices outside of the RMAP audit process.

4.3 Design and implement a strategy to respond to identified risks

To address the risks in our supply chain, Ormat maintains a risk mitigation plan, which includes the following:

  • Ormat expects its suppliers to define, implement and communicate to sub-suppliers their own policy, outlining their commitment to responsible sourcing of these materials, and legal compliance and measures for implementation. We also ask suppliers to work with sub-tier suppliers to ensure traceability of these materials at least to the smelter or refiner level (e.g., by using a recent version of the CMRT).
  • Ormat's senior management, including the CEO, CFO, President Head of Products and Operations, EVP Electricity Segment, EVP Energy Storage and Business Development, and the Legal Counsel and Chief Compliance Officer, was updated with the risk analysis and risk management actions and outcomes.
  • Suppliers who provided incomplete or inconsistent responses were sent a corrective action letter for follow up, requesting clarification.
  • Suppliers that did not respond to our initial survey request were sent follow-up letters requesting that they provide the necessary information.
  • Should the Company find uncertified smelters or refiners in its suppliers' responses, it will follow up with the supplier and ask for further clarifications or corrective action plans

Supply chain due diligence is a dynamic process that requires on-going risk monitoring. In order to ensure effective management of risks, we review the risk identification process and update the risk mitigation strategy accordingly.

4.4 Carry out independent third-party audit of smelter/refiner's due diligence practices

We do not typically have direct relationships with 3TG smelters or refiners of Conflict Minerals and therefore do not perform direct audits of these entities. As a result, our due diligence efforts relied on independent third-party audit body and cross- industry initiatives, such as those led by the RMI, to conduct smelter or refiner due diligence.

4.5 Report annually on supply chain due diligence

Our Conflict Minerals Policy was adopted with a view to assuring compliance with Section 1502 of the Dodd Frank Act, which requires the filing of a Form SD and this Report with the SEC and disclosure of them on its publicly available Internet website. The Company's Conflict Minerals Reports can be viewed at: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001296445/f4ff3164- 7606-4d15-ac83-7643b36391cd.pdf

5 The Company's Due Diligence Findings and Conclusions

We conducted a supply-chain survey of the 90 relevant suppliers that we identified as potentially contributing the necessary Conflict Minerals contained in our products in 2021. The overall response rate to this survey was approximately 52%. The responses included the names and locations of smelters or refiners (see Annex 1) and possible countries of origin, according to the information provided in our suppliers' declarations (see Annex 2).

As a downstream purchaser of products which contain Conflict Minerals, our due diligence measures can provide only reasonable, not absolute, assurance regarding the source and chain of custody of the necessary conflict minerals. Our due diligence processes are based on the necessity of seeking data from our direct suppliers and those suppliers seeking similar information within their supply chains to identify the original sources of the Conflict Minerals. Our supply chain is complex and there are multiple tiers between the Company and the mines or facilities that process the necessary Conflict Minerals. Accordingly, we rely on our suppliers to provide information on the origin of the Conflict Minerals contained in components that are supplied to us to be included in our products.

We also rely, to a large extent, on information collected and provided by responsible mineral sourcing validation programs. Such sources of information may yield inaccurate or incomplete information and may be subject to fraud.

Another complicating factor is the unavailability of country of origin and chain of custody information from our suppliers on a continuous, real-time basis. The supply chain of commodities such as conflict minerals is a multi-step process operating more or less on a daily basis, with ore being delivered to smelters and refiners, with smelters and refiners smelting or refining ores into metal containing derivatives such as ingots, with the derivatives being shipped, sold and stored in numerous market locations around the world and with distributors

and purchasers holding varying amounts of the derivatives in inventory for use. Since we do not have direct contractual relationships with smelters and refiners, we rely on our direct suppliers and the entire supply chain to gather and provide specific information about the date when the ore is smelted into a derivative and later shipped, stored, sold and first entered the stream of commerce. We directly seek sourcing data on a periodic basis from our direct suppliers as well as certain smelters and refiners. We ask that the data cover the entire calendar year covered by the Report, and we seek to use contract provisions requiring the suppliers to promptly update us in the event that the sourcing data changes.

Despite receiving responses from suppliers listing smelter or refiner names in their supply chain, the suppliers were unable to conclusively determine all of the specific smelters or refiners that were part of the supply chain of the components sold to Ormat in 2021. In light of inconclusive information, we are unable to determine and to describe the full list of facilities used to process 3TG in the Covered Products or their countries of origin. The below shows the RMAP status of smelters or refiners our suppliers identified in response to our due diligence, with the location of such smelters or refiners included in Annex 1. The Company cannot be certain that these smelters and refiners were in fact in the Company's supply chain during the period covered by this Report.

Tantalum 34 of 37 (91.89%)
Tin 55 of 73 (75.34%)
Tungsten 43 of 48 (89.58%)
Gold 106 of 172 (61.63%)
Total 238 of 330 (72.1%)

Smelters or refiners verified as RMAP "Conformant" or "Active":

Status of identified smelters or refiners:

RMAP Status Number
RMAP "Conformant" 224
RMAP "Active" 14
Not RMAP "Conformant"
or "Active"
92
Total 330

6. Steps to be taken to mitigate risk

The Company has taken, and intends to continue to take, steps to improve its due diligence processes. Due diligence is an ongoing, proactive and reactive process, and the Company is continually working to improve its methods and processes for identifying the source or likely source of the Conflict Minerals contained in its Covered Products. The Company plans to continue to inform suppliers of their role in the Company's Conflict Minerals compliance program and to engage its suppliers to obtain current, accurate and complete information regarding their mineral supply chains. The Company intends to monitor the performance and efficiency of its due diligence efforts to ensure responsible sourcing in compliance with its Conflict Minerals Policy and increase transparency in its supply chain.

Specific steps the Company has taken and continues to take to manage risks include:

  • Continue to work with our global supply chain to obtain current, accurate and complete information about the supply chain, ensure responsible sourcing, while also assuring compliance with certain international regulations.
  • Continue to strengthen communications with suppliers in order to improve the number of suppliers that respond to the company's supply chain surveys and requests for information.
  • Continue to improve due diligence efforts to ensure responsible sourcing in compliance with the Conflict Minerals Policy.
  • Continue to include or attempt to include a conflict minerals flow-down clause in new or renewed supplier contracts.

Cautionary Note Concerning Forward- Looking Statements

Information provided in this Report may contain statements relating to current expectations and plans that are "forward- looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward- looking statements generally relate to Ormat's plans, objectives and expectations for future plans and events and are based upon its management's current estimates. These statements are subject to risks and uncertainties and may not prove to be accurate. These risks and uncertainties include those associated with the progress of industry and other supply chain transparency and smelter or refiner validation programs for Conflict Minerals (including the possibility of inaccurate information, fraud and other irregularities), inadequate supplier education and knowledge, limitations on the ability or willingness of suppliers to provide more accurate, complete and detailed information and limitations on our ability to verify the accuracy or completeness of any supply chain information provided by suppliers and other factors discussed under the heading "Risk Factors" as described in Ormat Technologies, Inc.'s Annual Report on Form 10- K filed with the Securities and Exchange Commission on February 25, 2022 and other documents subsequently filed with or furnished to the U.S. Securities and Exchange Commission. These forward- looking statements are made only as of the date hereof, and, except as required by applicable law, we undertake no obligation to update or revise the forward- looking statements, whether as a result of new information, future events or otherwise.

Metal Smelter Name Smelter Country Smelter
Status
Gold 8853 S.p.A. ITALY Conformant
Gold Abington Reldan Metals, LLC UNITED STATES OF AMERICA Active
Gold Advanced Chemical Company UNITED STATES OF AMERICA Conformant
Gold African Gold Refinery UGANDA Uncertified
Gold Aida Chemical Industries Co., Ltd. JAPAN Conformant
Gold Al Etihad Gold Refinery DMCC UNITED ARAB EMIRATES Conformant
Gold Alexy Metals UNITED STATES OF AMERICA Active
Gold Allgemeine Gold-und
Silberscheideanstalt A.G.
GERMANY Conformant
Gold Almalyk Mining and Metallurgical
Complex (AMMC)
UZBEKISTAN Conformant
Gold AngloGold Ashanti Corrego do Sitio
Mineracao
BRAZIL Conformant
Gold Argor-Heraeus S.A. SWITZERLAND Conformant
Gold Asahi Pretec Corp. JAPAN Conformant
Gold Asahi Refining Canada Ltd. CANADA Conformant
Gold Asahi Refining USA Inc. UNITED STATES OF AMERICA Conformant
Gold Asaka Riken Co., Ltd. JAPAN Conformant
Gold Atasay Kuyumculuk Sanayi Ve Ticaret
A.S.
TURKEY Uncertified
Gold AU Traders and Refiners SOUTH AFRICA Uncertified
Gold Augmont Enterprises Private Limited INDIA Active
Gold Aurubis AG GERMANY Conformant
Gold Bangalore Refinery INDIA Conformant
Gold Bangko Sentral ng Pilipinas (Central
Bank of the Philippines)
PHILIPPINES Conformant
Gold Boliden AB SWEDEN Conformant
Gold C. Hafner GmbH + Co. KG GERMANY Conformant
Gold C.I Metales Procesados Industriales SAS COLOMBIA Active
Gold Caridad MEXICO Uncertified
Gold CCR Refinery -
Glencore Canada
Corporation
CANADA Conformant
Gold Cendres + Metaux S.A. SWITZERLAND Conformant
Gold CGR Metalloys Pvt Ltd. INDIA Uncertified
Gold Chimet S.p.A. ITALY Conformant
Gold Chugai Mining JAPAN Conformant
CRM Fundicao De Metais E Comercio
De Equipamentos Eletronicos Do Brasil
Gold Ltda BRAZIL Active
Gold Daye Non-Ferrous Metals Mining Ltd.
Degussa Sonne / Mond Goldhandel
CHINA Uncertified
Gold GmbH GERMANY Uncertified

Annex 1- Smelter or Refiner Names in Supply Chain

Gold Dijllah Gold Refinery FZC UNITED ARAB EMIRATES Uncertified
Gold DODUCO Contacts and Refining GmbH GERMANY Uncertified
Gold Dowa JAPAN Conformant
Gold DS PRETECH Co., Ltd. KOREA, REPUBLIC OF Uncertified
Gold DSC (Do Sung Corporation) KOREA, REPUBLIC OF Conformant
Gold Eco-System Recycling Co., Ltd. East
Plant
JAPAN Conformant
Gold Emerald Jewel Industry India Limited
(Unit 1)
INDIA Uncertified
Gold Emerald Jewel Industry India Limited
(Unit 2)
INDIA Uncertified
Gold Emerald Jewel Industry India Limited
(Unit 3)
India Uncertified
Gold Emerald Jewel Industry India Limited
(Unit 4)
INDIA Uncertified
Gold Emirates Gold DMCC UNITED ARAB EMIRATES Conformant
Gold Fidelity Printers and Refiners Ltd. ZIMBABWE Uncertified
Gold Fujairah Gold FZC UNITED ARAB EMIRATES Uncertified
Gold GCC Gujrat Gold Centre Pvt. Ltd. INDIA Active
Gold Geib Refining Corporation UNITED STATES OF AMERICA Conformant
Gold Gold Coast Refinery GHANA Uncertified
Gold Gold Refinery of Zijin Mining Group Co.,
Ltd.
CHINA Conformant
Gold Great Wall Precious Metals Co., Ltd. of
CBPM
CHINA Uncertified
Gold Guangdong Jinding Gold Limited CHINA Uncertified
Gold Guoda Safina High-Tech Environmental
Refinery Co., Ltd.
CHINA Uncertified
Gold Hangzhou Fuchunjiang Smelting Co.,
Ltd.
CHINA Uncertified
Gold Heimerle + Meule GmbH GERMANY Conformant
Gold Heraeus Metals Hong Kong Ltd. CHINA Conformant
Gold Heraeus Precious Metals GmbH & Co.
KG
GERMANY Conformant
Gold Hunan Chenzhou Mining Co., Ltd. CHINA Uncertified
Gold Hunan Guiyang yinxing Nonferrous
Smelting Co., Ltd.
CHINA Uncertified
Gold HwaSeong CJ CO., LTD. KOREA, REPUBLIC OF Uncertified
Gold Inner Mongolia Qiankun Gold and Silver
Refinery Share Co., Ltd.
CHINA Conformant
Gold International Precious Metal Refiners UNITED ARAB EMIRATES Uncertified
Gold Ishifuku Metal Industry Co., Ltd. JAPAN Conformant
Gold Istanbul Gold Refinery TURKEY Conformant
Gold Italpreziosi ITALY Conformant
Gold Japan Mint JAPAN Conformant
Gold Jiangxi Copper Co., Ltd. CHINA Conformant
JSC Ekaterinburg Non-Ferrous Metal
Gold Processing Plant RUSSIAN FEDERATION Uncertified
Gold JSC Uralelectromed RUSSIAN FEDERATION Uncertified
Gold JX Nippon Mining & Metals Co., Ltd. JAPAN Conformant
Gold K.A. Rasmussen NORWAY Uncertified
Gold Kaloti Precious Metals UNITED ARAB EMIRATES Uncertified
Gold Kazakhmys Smelting LLC KAZAKHSTAN Uncertified
Gold Kazzinc KAZAKHSTAN Conformant
Gold Kennecott Utah Copper LLC UNITED STATES OF AMERICA Conformant
Gold KGHM Polska Miedz Spolka Akcyjna POLAND Conformant
Gold Kojima Chemicals Co., Ltd. JAPAN Conformant
Gold Korea Zinc Co., Ltd. KOREA, REPUBLIC OF Conformant
Gold Kundan Care Products Ltd. INDIA Uncertified
Gold Kyrgyzaltyn JSC KYRGYZSTAN Uncertified
Gold Kyshtym Copper-Electrolytic Plant ZAO RUSSIAN FEDERATION Uncertified
Gold L'azurde Company For Jewelry SAUDI ARABIA Uncertified
Gold Lingbao Gold Co., Ltd. CHINA Uncertified
Lingbao Jinyuan Tonghui Refinery Co.,
Gold Ltd. CHINA Uncertified
Gold L'Orfebre S.A. ANDORRA Conformant
Gold LS-NIKKO Copper Inc. KOREA, REPUBLIC OF Conformant
Gold LT Metal Ltd. KOREA, REPUBLIC OF Conformant
Gold Luoyang Zijin Yinhui Gold Refinery Co.,
Ltd.
CHINA Uncertified
Marsam Metals BRAZIL Conformant
Gold
Gold Materion UNITED STATES OF AMERICA Conformant
Gold Matsuda Sangyo Co., Ltd. JAPAN Conformant
Gold MD Overseas INDIA Uncertified
Gold Metal Concentrators SA (Pty) Ltd. SOUTH AFRICA Conformant
Gold Metallix Refining Inc. UNITED STATES OF AMERICA Uncertified
Gold Metalor Technologies (Hong Kong) Ltd. CHINA Conformant
Gold Metalor Technologies (Singapore) Pte.,
Ltd.
SINGAPORE Conformant
Gold Metalor Technologies (Suzhou) Ltd. CHINA Conformant
Gold Metalor Technologies S.A. SWITZERLAND Conformant
Gold Metalor USA Refining Corporation UNITED STATES OF AMERICA Conformant
Metalurgica Met-Mex Penoles S.A. De
Gold C.V. MEXICO Conformant
Gold Mitsubishi Materials Corporation JAPAN Conformant
Gold Mitsui Mining and Smelting Co., Ltd. JAPAN Conformant
Gold MMTC-PAMP India Pvt., Ltd. INDIA Conformant
Gold Modeltech Sdn Bhd MALAYSIA Uncertified
Gold Morris and Watson NEW ZEALAND Uncertified
Gold Moscow Special Alloys Processing Plant RUSSIAN FEDERATION Uncertified
Gold Navoi Mining and Metallurgical Combinat UZBEKISTAN Conformant
Gold NH Recytech Company KOREA, REPUBLIC OF Conformant
Gold Nihon Material Co., Ltd. JAPAN Conformant
Ogussa Osterreichische Gold-
und
Gold Silber-Scheideanstalt GmbH AUSTRIA Conformant
Gold Ohura Precious Metal Industry Co., Ltd. JAPAN Conformant
OJSC "The Gulidov Krasnoyarsk Non
Ferrous Metals Plant" (OJSC
Gold Krastsvetmet) RUSSIAN FEDERATION Uncertified
Gold OJSC Novosibirsk Refinery RUSSIAN FEDERATION Uncertified
Gold PAMP S.A. SWITZERLAND Conformant
Gold Pease & Curren
Penglai Penggang Gold Industry Co.,
UNITED STATES OF AMERICA Uncertified
Gold Ltd. CHINA Uncertified
Gold Planta Recuperadora de Metales SpA CHILE Conformant
Gold Prioksky Plant of Non-Ferrous Metals RUSSIAN FEDERATION Uncertified
Gold PT Aneka Tambang (Persero) Tbk INDONESIA Conformant
Gold PX Precinox S.A. SWITZERLAND Conformant
Gold QG Refining, LLC UNITED STATES OF AMERICA Uncertified
Gold Rand Refinery (Pty) Ltd. SOUTH AFRICA Conformant
Gold Refinery of Seemine Gold Co., Ltd. CHINA Uncertified
Gold REMONDIS PMR B.V. NETHERLANDS Conformant
Gold Royal Canadian Mint CANADA Conformant
Gold SAAMP FRANCE Conformant
Gold Sabin Metal Corp. UNITED STATES OF AMERICA Uncertified
Gold Safimet S.p.A ITALY Conformant
Gold SAFINA A.S. CZECHIA Conformant
Gold Sai Refinery INDIA Uncertified
Gold Samduck Precious Metals KOREA, REPUBLIC OF Conformant
Gold Samwon Metals Corp. KOREA, REPUBLIC OF Uncertified
Gold Sancus ZFS (L'Orfebre, SA) COLOMBIA Active
Gold SAXONIA Edelmetalle GmbH GERMANY Uncertified
Gold Sellem Industries Ltd. MAURITANIA Uncertified
Gold SEMPSA Joyeria Plateria S.A. SPAIN Conformant
Gold Shandong Humon Smelting Co., Ltd. CHINA Uncertified
Shandong Tiancheng Biological Gold
Gold Industrial Co., Ltd. CHINA Uncertified
Shandong Zhaojin Gold & Silver Refinery
Gold Co., Ltd. CHINA Conformant
Gold Shirpur Gold Refinery Ltd. INDIA Uncertified
Sichuan Tianze Precious Metals Co.,
Gold Ltd. CHINA Conformant
Gold Singway Technology Co., Ltd. TAIWAN, PROVINCE OF CHINA Conformant
Gold Smelter Not Listed JAPAN Conformant
Gold Smelter Not Listed JAPAN Conformant
Gold Smelter Not Listed CHINA Uncertified
Gold Smelter Not Listed INDIA Uncertified
SOE Shyolkovsky Factory of Secondary
Gold Precious Metals RUSSIAN FEDERATION Uncertified
Solar Applied Materials Technology
Gold Corp. TAIWAN, PROVINCE OF CHINA Conformant
Gold Sovereign Metals INDIA Uncertified
State Research Institute Center for
Gold Physical Sciences and Technology LITHUANIA Uncertified
Gold Sudan Gold Refinery SUDAN Uncertified
Gold Sumitomo Metal Mining Co., Ltd. JAPAN Conformant
Gold SungEel HiMetal Co., Ltd. KOREA, REPUBLIC OF Conformant
Gold T.C.A S.p.A ITALY Conformant
Gold Tanaka Kikinzoku Kogyo K.K. JAPAN Conformant
The Refinery of Shandong Gold Mining
Gold Co., Ltd. CHINA Conformant
Gold Tokuriki Honten Co., Ltd. JAPAN Conformant
Tongling Nonferrous Metals Group Co.,
Gold Ltd. CHINA Uncertified
Gold Tony Goetz NV BELGIUM Uncertified
Gold TOO Tau-Ken-Altyn KAZAKHSTAN Conformant
Gold Torecom KOREA, REPUBLIC OF Conformant
Gold Umicore Precious Metals Thailand THAILAND Conformant
Umicore S.A. Business Unit Precious
Gold Metals Refining BELGIUM Conformant
Gold United Precious Metal Refining, Inc. UNITED STATES OF AMERICA Conformant
Gold Valcambi S.A. SWITZERLAND Conformant
Western Australian Mint (T/a The Perth
Gold Mint) AUSTRALIA Conformant
Gold WIELAND Edelmetalle GmbH GERMANY Conformant
Gold Yamakin Co., Ltd. JAPAN Conformant
Gold Yokohama Metal Co., Ltd. JAPAN Conformant
Gold Yunnan Copper Industry Co., Ltd. CHINA Uncertified
Zhongyuan Gold Smelter of Zhongjin
Gold Gold Corporation CHINA Conformant
Tantalum Asaka Riken Co., Ltd. JAPAN Uncertified
Changsha South Tantalum Niobium Co.,
Tantalum Ltd. CHINA Conformant
Tantalum D Block Metals, LLC UNITED STATES OF AMERICA Conformant
Tantalum Exotech Inc. UNITED STATES OF AMERICA Uncertified
Tantalum F&X Electro-Materials Ltd. CHINA Conformant
Tantalum FIR Metals & Resource Ltd. CHINA Conformant
Tantalum Global Advanced Metals Aizu JAPAN Conformant
Tantalum Global Advanced Metals Boyertown UNITED STATES OF AMERICA Conformant
Guangdong Zhiyuan New Material Co.,
Tantalum Ltd. CHINA Conformant
Tantalum H.C. Starck Co., Ltd. THAILAND Conformant
Tantalum H.C. Starck Hermsdorf GmbH GERMANY Conformant
Tantalum H.C. Starck Inc. UNITED STATES OF AMERICA Conformant
Tantalum H.C. Starck Ltd. JAPAN Conformant
Tantalum H.C. Starck Smelting GmbH & Co. KG GERMANY Conformant
Tantalum H.C. Starck Tantalum and Niobium
GmbH
GERMANY Conformant
Tantalum Hengyang King Xing Lifeng New
Materials Co., Ltd.
CHINA Conformant
Tantalum Jiangxi Dinghai Tantalum & Niobium Co.,
Ltd.
CHINA Conformant
Tantalum Jiangxi Tuohong New Raw Material CHINA Conformant
Tantalum JiuJiang JinXin Nonferrous Metals Co.,
Ltd.
CHINA Conformant
Jiujiang Nonferrous Metals Smelting
Tantalum Company Limited
Jiujiang Zhongao Tantalum & Niobium
CHINA Conformant
Tantalum Co., Ltd. CHINA Conformant
Tantalum KEMET Blue Metals MEXICO Conformant
Tantalum LSM Brasil S.A. BRAZIL Conformant
Tantalum Metallurgical Products India Pvt., Ltd. INDIA Conformant
Tantalum Mineracao Taboca S.A. BRAZIL Conformant
Tantalum Mitsui Mining & Smelting JAPAN Conformant
Ningxia Orient Tantalum Industry Co.,
Tantalum Ltd. CHINA Conformant
Tantalum NPM Silmet AS ESTONIA Conformant
Tantalum PRG Dooel NORTH MACEDONIA Uncertified
Tantalum QuantumClean UNITED STATES OF AMERICA Conformant
Tantalum Resind Industria e Comercio Ltda. BRAZIL Conformant
Tantalum RFH Tantalum Smeltry Co., Ltd. CHINA Conformant
Tantalum Solikamsk Magnesium Works OAO RUSSIAN FEDERATION Conformant
Tantalum Taki Chemical Co., Ltd. JAPAN Conformant
Tantalum Telex Metals UNITED STATES OF AMERICA Conformant
Tantalum Ulba Metallurgical Plant JSC KAZAKHSTAN Conformant
XinXing HaoRong Electronic Material
Tantalum Co., Ltd. CHINA Conformant
Tin Alpha UNITED STATES OF AMERICA Conformant
Tin An Vinh Joint Stock Mineral Processing
Company
VIET NAM Uncertified
Chenzhou Yunxiang Mining and
Tin Metallurgy Co., Ltd. CHINA Conformant
Tin Chifeng Dajingzi Tin Industry Co., Ltd. CHINA Conformant
Tin China Tin Group Co., Ltd. CHINA Conformant
Tin CRM Synergies SPAIN Conformant
Tin CV Ayi Jaya Indonesia Uncertified
Tin CV Venus Inti Perkasa INDONESIA Active
Dongguan CiEXPO Environmental
Tin Engineering Co., Ltd. CHINA Uncertified
Tin Dowa JAPAN Conformant
Electro-Mechanical Facility of the Cao
Bang Minerals & Metallurgy Joint Stock
Tin Company VIET NAM Uncertified
BOLIVIA (PLURINATIONAL
Tin EM Vinto STATE OF) Conformant
Tin Estanho de Rondonia S.A. BRAZIL Conformant
Tin Fenix Metals POLAND Conformant
Gejiu City Fuxiang Industry and Trade
Tin Co., Ltd. CHINA Uncertified
Tin Gejiu Fengming Metallurgy Chemical
Plant
China Uncertified
Tin Gejiu Kai Meng Industry and Trade LLC
Gejiu Non-Ferrous Metal Processing Co.,
CHINA Uncertified
Tin Ltd. CHINA Conformant
Gejiu Yunxin Nonferrous Electrolysis
Tin Co., Ltd. CHINA Conformant
Tin Gejiu Zili Mining And Metallurgy Co., Ltd. CHINA Conformant
Guangdong Hanhe Non-Ferrous Metal
Tin Co., Ltd. CHINA Conformant
Tin HuiChang Hill Tin Industry Co., Ltd. CHINA Uncertified
Tin Jiangxi New Nanshan Technology Ltd. CHINA Conformant
Tin Ma'anshan Weitai Tin Co., Ltd. CHINA Conformant
Tin Magnu's Minerais Metais e Ligas Ltda. BRAZIL Conformant
Tin Malaysia Smelting Corporation (MSC) MALAYSIA Conformant
Tin Melt Metais e Ligas S.A. BRAZIL Uncertified
Tin Metallic Resources, Inc. UNITED STATES OF AMERICA Conformant
Tin Metallo Belgium N.V. BELGIUM Conformant
Tin Metallo Spain S.L.U. SPAIN Conformant
Tin Mineracao Taboca S.A. BRAZIL Conformant
Tin Minsur PERU Conformant
Tin Mitsubishi Materials Corporation JAPAN Conformant
Tin Modeltech Sdn Bhd MALAYSIA Uncertified
Nghe Tinh Non-Ferrous Metals Joint
Tin Stock Company VIET NAM Uncertified
Tin O.M. Manufacturing (Thailand) Co., Ltd. THAILAND Conformant
Tin O.M. Manufacturing Philippines, Inc. PHILIPPINES Conformant
BOLIVIA (PLURINATIONAL
Tin Operaciones Metalurgicas S.A. STATE OF) Conformant
Tin Pongpipat Company Limited MYANMAR Uncertified
Tin Precious Minerals and Smelting Limited INDIA Uncertified
Tin PT Aries Kencana Sejahtera Indonesia Active
Tin PT Artha Cipta Langgeng INDONESIA Conformant
Tin PT ATD Makmur Mandiri Jaya INDONESIA Conformant
Tin PT Bangka Serumpun INDONESIA Conformant
Tin PT Lautan Harmonis Sejahtera Indonesia Uncertified
Tin PT Mitra Stania Prima INDONESIA Conformant
Tin PT Mitra Sukses Globalindo INDONESIA Active
Tin PT Refined Bangka Tin INDONESIA Conformant
Tin PT Stanindo Inti Perkasa INDONESIA Conformant
Tin PT Timah Nusantara INDONESIA Active
Tin PT Timah Tbk Kundur INDONESIA Conformant
Tin PT Timah Tbk Mentok INDONESIA Conformant
Tin PT Tinindo Inter Nusa Indonesia Conformant
Tin Resind Industria e Comercio Ltda. BRAZIL Conformant
Tin Rui Da Hung TAIWAN, PROVINCE OF CHINA Conformant
Tin Smelter Not Listed RUSSIAN FEDERATION Conformant
Tin Smelter Not Listed INDONESIA Conformant
Tin Smelter Not Listed INDONESIA Conformant
Tin Smelter Not Listed INDONESIA Conformant
Tin Smelter Not Listed INDONESIA Conformant
Tin Smelter Not Listed RWANDA Conformant
Tin Smelter Not Listed INDONESIA Uncertified
Tin Soft Metais Ltda. BRAZIL Conformant
Tin Super Ligas BRAZIL Active
Thai Nguyen Mining and Metallurgy Co.,
Tin Ltd. VIET NAM Conformant
Tin Thaisarco THAILAND Conformant
Tin Tin Technology & Refining UNITED STATES OF AMERICA Conformant
Tuyen Quang Non-Ferrous Metals Joint
Tin Stock Company VIET NAM Uncertified
Tin VQB Mineral and Trading Group JSC Viet Nam Uncertified
White Solder Metalurgia e Mineracao
Tin Ltda.
Yunnan Chengfeng Non-ferrous Metals
BRAZIL Conformant
Tin Co., Ltd. CHINA Conformant
Tin Yunnan Tin Company, Ltd. CHINA Conformant
Yunnan Yunfan Non-ferrous Metals Co.,
Tin Ltd. CHINA Uncertified
Tungsten A.L.M.T. Corp. JAPAN Conformant
Tungsten ACL Metais Eireli BRAZIL Conformant
Tungsten Artek LLC RUSSIAN FEDERATION Uncertified
Tungsten Asia Tungsten Products Vietnam Ltd. VIET NAM Conformant
Chaozhou Xianglu Tungsten Industry
Tungsten Co., Ltd. CHINA Conformant
Chenzhou Diamond Tungsten Products
Tungsten Co., Ltd. CHINA Conformant
Tungsten China Molybdenum Co., Ltd. CHINA Conformant
Tungsten Chongyi Zhangyuan Tungsten Co., Ltd. CHINA Conformant
Tungsten CNMC (Guangxi) PGMA Co., Ltd. CHINA Uncertified
Tungsten Cronimet Brasil Ltda BRAZIL Conformant
Tungsten Fujian Ganmin RareMetal Co., Ltd. CHINA Conformant
Tungsten Ganzhou Haichuang Tungsten Co., Ltd. CHINA Conformant
Ganzhou Jiangwu Ferrotungsten Co.,
Tungsten Ltd. CHINA Conformant
Tungsten Ganzhou Seadragon W & Mo Co., Ltd. CHINA Conformant
Tungsten GEM Co., Ltd. CHINA Conformant
Tungsten Global Tungsten & Powders Corp. UNITED STATES OF AMERICA Conformant
Tungsten H.C. Starck Smelting GmbH & Co. KG GERMANY Conformant
Tungsten H.C. Starck Tungsten GmbH GERMANY Conformant
Tungsten Hunan Chenzhou Mining Co., Ltd. CHINA Conformant
Hunan Chunchang Nonferrous Metals
Tungsten Co., Ltd. CHINA Conformant
Tungsten Hunan Litian Tungsten Industry Co., Ltd. CHINA Uncertified
Tungsten Hydrometallurg, JSC RUSSIAN FEDERATION Conformant
Tungsten Japan New Metals Co., Ltd. JAPAN Conformant
Jiangwu H.C. Starck Tungsten Products
Tungsten Co., Ltd. CHINA Conformant
Tungsten Jiangxi Gan Bei Tungsten Co., Ltd. CHINA Conformant
Jiangxi Minmetals Gao'an Non-ferrous
Tungsten Metals Co., Ltd. CHINA Uncertified
Tungsten Jiangxi Tonggu Non-ferrous Metallurgical
& Chemical Co., Ltd.
CHINA Conformant
Tungsten Jiangxi Tungsten Industry Group Co. Ltd. CHINA Conformant
Jiangxi Xinsheng Tungsten Industry Co.,
Tungsten Ltd. CHINA Conformant
Tungsten Jiangxi Yaosheng Tungsten Co., Ltd. CHINA Conformant
Tungsten JSC "Kirovgrad Hard Alloys Plant" RUSSIAN FEDERATION Conformant
Tungsten Kennametal Fallon UNITED STATES OF AMERICA Conformant
Tungsten Kennametal Huntsville UNITED STATES OF AMERICA Conformant
Tungsten KGETS Co., Ltd. KOREA, REPUBLIC OF Conformant
Tungsten Lianyou Metals Co., Ltd. TAIWAN, PROVINCE OF CHINA Conformant
Tungsten Malipo Haiyu Tungsten Co., Ltd. CHINA Conformant
Tungsten Masan Tungsten Chemical LLC (MTC) VIET NAM Conformant
Tungsten Moliren Ltd. RUSSIAN FEDERATION Conformant
Tungsten Niagara Refining LLC UNITED STATES OF AMERICA Conformant
Tungsten NPP Tyazhmetprom LLC RUSSIAN FEDERATION Active
Tungsten Philippine Chuangxin Industrial Co., Inc. PHILIPPINES Conformant
Tungsten Smelter Not Listed BRAZIL Active
Tungsten Unecha Refractory metals plant RUSSIAN FEDERATION Conformant
Tungsten WBH,Wolfram [Austria] AUSTRIA Conformant
Tungsten Woltech Korea Co., Ltd. KOREA, REPUBLIC OF Uncertified
Tungsten Xiamen H.C. CHINA Conformant
Tungsten Xiamen Tungsten Co., Ltd.
Xinfeng Huarui Tungsten & Molybdenum
CHINA Conformant

Annex 2- Reasonable Country of Origin (RCOI) Inquiry Results*

GOLD TANTALUM TIN TUNGSTEN
ITALY JAPAN BELGIUM AUSTRIA
BOLIVIA (PLURINATIONAL
ANDORRA BRAZIL STATE OF) BRAZIL
AUSTRALIA CHINA BRAZIL CHINA
AUSTRIA ESTONIA CHINA GERMANY
BELGIUM GERMANY INDIA JAPAN
BRAZIL INDIA INDONESIA KOREA, REPUBLIC
OF
CANADA JAPAN JAPAN PHILIPPINES
CHILE KAZAKHSTAN MALAYSIA RUSSIAN
FEDERATION
CHINA MEXICO MYANMAR TAIWAN, PROVINCE
OF CHINA
COLOMBIA NORTH MACEDONIA PERU UNITED STATES OF
AMERICA
CZECHIA RUSSIAN
FEDERATION
PHILIPPINES VIET NAM
FRANCE THAILAND POLAND
GERMANY UNITED STATES OF
AMERICA
RUSSIAN FEDERATION
GHANA RWANDA
INDIA SPAIN
INDONESIA TAIWAN, PROVINCE OF
CHINA
ITALY THAILAND
JAPAN UNITED STATES OF
AMERICA
KAZAKHSTAN VIET NAM
KOREA, REPUBLIC
OF
KYRGYZSTAN
LITHUANIA
MALAYSIA
MAURITANIA
MEXICO
NETHERLANDS
NEW ZEALAND
NORWAY
PHILIPPINES
POLAND
RUSSIAN
FEDERATION
SAUDI ARABIA
SINGAPORE
SOUTH AFRICA
SPAIN
SUDAN
SWEDEN
SWITZERLAND
TAIWAN, PROVINCE
OF CHINA
THAILAND
TURKEY
UGANDA
UNITED ARAB
EMIRATES
UNITED STATES OF
AMERICA
UZBEKISTAN
ZIMBABWE

* As some smelters or refiners did not provide complete information on the location of mine in their CMRTs, and the Company was not able to establish with complete certainty, based on the suppliers' 3TG sourcing information, the exact location for the processing of the minerals. Therefore, we have listed in the RCOI the closest indication provided as to the source of Conflict Minerals (i.e. the smelter or refiner country as reported in our relevant suppliers' CMRT declarations, if provided).