<SEC-DOCUMENT>0001193125-24-150406.txt : 20240530
<SEC-HEADER>0001193125-24-150406.hdr.sgml : 20240530
<ACCEPTANCE-DATETIME>20240530163656
ACCESSION NUMBER:		0001193125-24-150406
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		2
<RULE>
<RULE-NAME>13p-1
<ITEM>
<ITEM-NUMBER>1.01
<ITEM-PERIOD>20231231
</ITEM>
<ITEM>
<ITEM-NUMBER>1.02
<ITEM-PERIOD>20231231
</ITEM>
</RULE>
FILED AS OF DATE:		20240530
DATE AS OF CHANGE:		20240530

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CROWN HOLDINGS, INC.
		CENTRAL INDEX KEY:			0001219601
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL CANS [3411]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				753099507
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41550
		FILM NUMBER:		241006060

	BUSINESS ADDRESS:	
		STREET 1:		14025 RIVEREDGE DRIVE, SUITE 300
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33637
		BUSINESS PHONE:		2156985100

	MAIL ADDRESS:	
		STREET 1:		14025 RIVEREDGE DRIVE, SUITE 300
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33637

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CROWN HOLDINGS INC
		DATE OF NAME CHANGE:	20030221
</SEC-HEADER>
<DOCUMENT>
<TYPE>SD
<SEQUENCE>1
<FILENAME>d843707dsd.htm
<DESCRIPTION>SD
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<HTML><HEAD>
<TITLE>SD</TITLE>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM SD
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Specialized Disclosure Report </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>CROWN
HOLDINGS, INC. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" ALIGN="center"><B>Pennsylvania</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">000-50189</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">75-3099507</FONT></B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction of</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>incorporation or organization)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(IRS Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" ALIGN="center"><B>14025 Riveredge Drive, Suite 300, Tampa, Florida</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>33637</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"><B>(Address of principal executive offices)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(Zip Code)</B></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Christy L. Kalaus </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(215) <FONT STYLE="white-space:nowrap">698-5100</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Name and telephone number, including area code, of the person to contact in connection with this report.) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form
applies: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9746;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Rule <FONT STYLE="white-space:nowrap">13p-1</FONT> under the Securities Exchange Act (17 CFR 240.13p-1) for the
reporting period from </P></TD></TR></TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">January&nbsp;1 to December&nbsp;31, 2023. </P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Section&nbsp;1&#151;Conflict Minerals Disclosure </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;1.01 Conflict Minerals Disclosure and Report </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Conflict Minerals Disclosure </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This Specialized Disclosure
Report on Form SD and the Conflict Minerals Report, filed as Exhibit 1.01 hereto, are publicly available at <U><FONT STYLE="white-space:nowrap">www.crowncork.com/investors/reports-filings/sec-filings</FONT></U> as well as the Securities and Exchange
Commission&#146;s EDGAR database at <U>www.sec.gov</U>. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;1.02 Exhibit </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Conflict Minerals Report required by Item 1.01 is filed as Exhibit 1.01 to this Form SD. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Section&nbsp;2 - Exhibits </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;2.01 Exhibits
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Exhibit 1.01 &#150; Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form SD. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">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. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" COLSPAN="7"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">CROWN HOLDINGS, INC.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
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<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><I>/s/ Christy L. Kalaus</I></P></TD>
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<TD VALIGN="bottom" ALIGN="right">May&nbsp;30, 2024</TD></TR>
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<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">By:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Christy L. Kalaus</P></TD>
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<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Vice President and Corporate Controller</P></TD>
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<TYPE>EX-1.01
<SEQUENCE>2
<FILENAME>d843707dex101.htm
<DESCRIPTION>EX-1.01
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 1.01 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Conflict Minerals Report of Crown Holdings, Inc. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This Conflict Minerals Report (&#147;<U>CMR</U>&#148;) of Crown Holdings, Inc. (&#147;<U>Crown</U>&#148; or the &#147;<U>Company</U>&#148;) for calendar year
2023 was prepared in accordance with Rule <FONT STYLE="white-space:nowrap">13p-1</FONT> under the Securities Exchange Act of 1934 and the Company&#146;s Conflict Minerals Policy. Numerous terms in this CMR are defined in Rule <FONT
STYLE="white-space:nowrap">13p-1</FONT> or in the related Securities and Exchange Commission (&#147;<U>SEC</U>&#148;) Release <FONT STYLE="white-space:nowrap">No.&nbsp;34-67716</FONT> (August 22, 2012) and the reader is referred to the same for such
definitions. Throughout this report, the minerals tin, tantalum, tungsten and gold (collectively, &#147;<U>3TG</U>&#148; and individually, a &#147;<U>3TG mineral</U>&#148;), when sourced in a way that directly or indirectly finances or benefits
armed groups in Covered Countries, are referred to as &#147;<U>conflict minerals</U>.&#148; </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Business Overview </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit
and protective packaging products, equipment and services to a broad range of end markets. The Company has determined that (i)&nbsp;tin is contained in the tinplate steel it purchases for its metal packaging businesses and (ii) 3TG may be contained
in certain purchased components for its <FONT STYLE="white-space:nowrap">can-making</FONT> and transit packaging machinery and equipment products, as well as the tools (and spare parts) that it makes for transit packaging (such potentially <FONT
STYLE="white-space:nowrap">3TG-containing</FONT> products and tools, the &#147;<U><FONT STYLE="white-space:nowrap">In-Scope</FONT> Products</U>&#148; and the Company&#146;s business units that produce such
<FONT STYLE="white-space:nowrap">In-Scope</FONT> Products, the &#147;<U><FONT STYLE="white-space:nowrap">In-Scope</FONT> Business Units</U>&#148;). The Company has determined that 3TG is not present in the aluminum beverage cans or any other
products that it produces. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Crown does not directly purchase any 3TG. Crown&#146;s supply chain is complex, and Crown is typically several tiers removed
from the smelter or refiner and mineral origins of the components of the <FONT STYLE="white-space:nowrap">In-Scope</FONT> Products. Crown relies on its suppliers to provide information on the origin of the 3TG necessary to the functionality or
production of Crown&#146;s products. Crown has limited visibility beyond its direct suppliers to entities within the supply chain. Therefore, Crown relies principally on its direct suppliers to provide it with sourcing information. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Due Diligence Design Overview </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Consistent with the
Company&#146;s position as a downstream company, Crown&#146;s due diligence processes for tracing 3TG in its products and for tracking the sourcing thereof have been designed in conformance with the &#147;<I>Due Diligence Guidance for Responsible
Supply Chains of Minerals from Conflict-Affected and High-Risk Areas</I><I> (</I><I>Third Edition</I><I>)</I>&#148; framework prepared by The Organisation for Economic <FONT STYLE="white-space:nowrap">Co-operation</FONT> and Development
(&#147;<U>OECD</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In designing its due diligence framework, Crown also relied on information from the Responsible Minerals Assurance Process
(&#147;<U>RMAP</U>&#148;), a voluntary initiative managed by the Responsible Minerals Initiative (the &#147;<U>RMI</U>&#148;), in which an independent third party audits the procurement activities of a smelter or refiner to determine with reasonable
confidence whether the minerals processed by such smelter or refiner originated from <FONT STYLE="white-space:nowrap">conflict-free</FONT> sources. Upon completion of a successful audit, the smelter or refiner is designated by the RMI as
&#147;Conformant.&#148; Since the Company does not have any direct relationships with smelters or refiners that process 3TG or a mechanism to directly audit them, information collected and provided by independent third-party audit programs, such as
the RMAP, is useful in the Company&#146;s due diligence process. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Where information from the RMI is not available, the Company conducts its own diligence,
which generally includes contacting its first-tier suppliers for additional information and reviewing publicly available information about the smelter or refiner. In addition, Crown has engaged Assent Compliance (&#147;<U>Assent</U>&#148;), a
third-party service provider, to assist with the contacting of and processing of responses received from suppliers to the <FONT STYLE="white-space:nowrap">In-Scope</FONT> Business Units of its transit packaging machinery, equipment, tool and spare <FONT
STYLE="white-space:nowrap">parts-making</FONT> businesses (collectively, the &#147;<U><FONT STYLE="white-space:nowrap">In-Scope</FONT> Transit Business Units</U>&#148;). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">To guide its due diligence, the Company has also established a due diligence compliance process that
includes a documentation and record maintenance mechanism to ensure the retention of relevant documentation in a structured electronic database. Documentation with respect to the Company&#146;s <FONT STYLE="white-space:nowrap">In-Scope</FONT>
Transit Business Units is first separately collected and stored using the Assent Compliance Platform before being integrated in the rest of the Company&#146;s due diligence compliance process. The Company expects to continue to refine, revise and
improve its due diligence compliance process as appropriate. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Overview of the Due Diligence Process </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company&#146;s due diligence process on the source and chain of custody of any 3TG minerals contained in its
<FONT STYLE="white-space:nowrap">In-Scope</FONT> Products includes the following measures: </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>OECD Step 1 &#150; Establish Strong Company Management
Systems </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Policy</I>. Crown aims to avoid the use of conflict minerals in the manufacture of its products and is committed to complying with its
reporting obligations under applicable law. Crown has adopted a company-wide Conflict Minerals Policy which is set forth on its website at <U>https://www.crowncork.com/investors/policies/conflict-minerals-policy</U>. In addition, Crown&#146;s
Supplier Code of Conduct includes a provision regarding responsible sourcing (which appears in the Supplier Code under the heading &#147;Origin Mapping&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Personnel</I>. The Company&#146;s conflict minerals compliance efforts involve a cross-functional group of personnel from the legal, finance, operations,
regulatory and sustainability functions. This team is responsible for implementing Crown&#146;s conflict minerals compliance strategy. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Application of
Policy to Suppliers</I>. Crown&#146;s written contracts with its tinplate steel suppliers, and most of Crown&#146;s written contracts with suppliers to its <FONT STYLE="white-space:nowrap">can-making</FONT> machinery and equipment business, contain
an obligation of the supplier to cooperate with Crown in its efforts to eliminate conflict minerals from the supply chain. Implementation of this program continues to evolve within the Company&#146;s <FONT STYLE="white-space:nowrap">In-Scope</FONT>
Transit Business Units. Suppliers who do not comply with Crown&#146;s Conflict Minerals Policy may be denied future business, and those who violate contractual provisions or policies are subject to enforcement actions by Crown. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Supplier Engagement and Accountability</I>. The Company contacts (or arranges for Assent to contact) the first-tier suppliers of the <FONT
STYLE="white-space:nowrap">In-Scope</FONT> Business Units to provide them with a notice of the relevant SEC requirements and to advise them of the Company&#146;s commitment to responsibly source materials and of its due diligence expectations. The
Company archives the received supplier responses as part of its reasonable country of origin inquiry (&#147;<U>RCOI</U>&#148;) and due diligence. Feedback from this process is used to modify, where appropriate, the design of the Company&#146;s
conflict minerals due diligence compliance process. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company also requests information, directly or through Assent, from the first-tier suppliers of
the <FONT STYLE="white-space:nowrap">In-Scope</FONT> Business Units regarding the source and chain of custody of 3TG in its supply chain. To facilitate the collection of complete, accurate, standardized and verifiable information, the Company relies
primarily on the Conflict Minerals Reporting Template (the &#147;<U>CMRT</U>&#148;) made available by RMI. The CMRT facilitates the transfer of information through the supply chain regarding country of origin, mine location and smelters and refiners
used. Written instructions and recorded training illustrating the use of the CMRT are available on the RMI&#146;s website. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>OECD Step 2 &#150; Identify and Assess Risk in the Supply Chain </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Identification of Risk</I>. To identify risks in its supply chain, the Company assesses the likelihood of the presence of conflict minerals in each of its
products. If a product clearly does not contain any 3TG (e.g., aluminum cans), the inquiry ends. For each of its other products, the Company uses its own and outside resources to determine whether such product contains any 3TG. At the end of this
year&#146;s process, the Company has determined that the <FONT STYLE="white-space:nowrap">In-Scope</FONT> Products contain 3TG minerals. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Assessment of
Risk</I>.<I> </I>Upon receipt of completed CMRTs from its suppliers, the Company assesses the risks associated with any identified smelter or refiner by examining the information provided in the CMRT and determining if such smelter or refiner has
been validated under the RMI&#146;s RMAP as &#147;Conformant.&#148; The RMAP provides information regarding those smelters or refiners that, following an independent third-party audit, have been found to be compliant with the RMAP&#146;s assessment
protocols to assure sourcing of only conflict-free materials. Where information from the RMI is not available, or where the supplier provides information in a form other than the CMRT, the Company conducts its own diligence, which may include
contacting its first-tier suppliers for additional information and reviewing publicly available information about the smelter or refiner. In addition, the Company engages Assent to conduct CMRT validation checks as part of the due diligence of its <FONT
STYLE="white-space:nowrap">In-Scope</FONT> Transit Business Units. Assent evaluates supplier responses for plausibility, consistency, and gaps, and conducts additional supplier inquiries to address issues such as incomplete data on CMRTs, responses
that did not identify smelters or refiners for listed metals, and responses that identified organizations as smelters or refiners which were not verified as such through further analysis and research. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>OECD Step 3 &#150; Design and Implement a Strategy to Respond to Identified Risks </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Annual <FONT STYLE="white-space:nowrap">Re-Evaluation</FONT> of Response Strategy</I>. The Company reviews the results of its due diligence compliance
process each year in the course of preparing this CMR and determines whether to make any improvements or other changes to its strategy for enforcing and achieving compliance with its Conflict Minerals Policy. A summary of the improvements and other
changes the Company expects to take on the basis of this CMR and the Company&#146;s due diligence efforts for calendar year 2023 is included later in this CMR under the caption &#147;<I>Future Due Diligence Improvements</I>.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Grievance Mechanism</I>. The Company&#146;s existing procedures for reporting violations of its Code of Business Conduct and Ethics, its Supplier Code of
Conduct, or other ethics-related policies are also available for reporting conflict minerals compliance problems. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>OECD Step 4 &#150; Carry Out an
Independent Third-Party Audit of Supply Chain Due Diligence </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company does not have any direct relationships with smelters or refiners that process
3TG, and it does not perform or direct audits of these entities within its supply chain. As an alternative, the Company intends to rely on information collected and provided by independent third-party audit programs, such as the RMAP, when
necessary. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>OECD Step 5 &#150; Report on Supply Chain Due Diligence </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Crown files this CMR on Form SD with the SEC. Crown also publishes this CMR on its website at <U>www.crowncork.com/investors/reports-filings/sec-filings</U>.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Due Diligence Findings for the Year 2023&#151;Facilities and Country of Origin of 3TG </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Metal Packaging Products </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Excluding purchases from
recyclers, Crown purchases tinplate steel from twenty-nine (29)&nbsp;suppliers for its metal packaging businesses, twenty-eight (28)&nbsp;of whom have provided Crown with a list of their tin smelters in connection with Crown&#146;s due diligence
compliance process. The one supplier that did not respond to Crown&#146;s request accounted for less than 0.1% of Crown&#146;s tinplate steel purchases in 2023. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Tinplate steel from any of these twenty-nine (29)&nbsp;suppliers may be used in Crown&#146;s metal packaging products. Tin is the only 3TG mineral identified
in the Company&#146;s metal packaging business. The Company contacted all of these suppliers as part of its due diligence compliance process. Of the suppliers who provided complete responses to the Company&#146;s inquiry, three&nbsp;(3) suppliers
indicated the intentional addition or use of 3TG in their products or production process which was sourced from a Covered Country, but the minerals came from a smelter or refiner that has been validated under the RMI&#146;s RMAP as
&#147;Conformant&#148;. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Can-Making Machinery and Equipment Products </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">None of Crown&#146;s direct suppliers are 3TG smelters and Crown does not purchase any 3TG directly for its <FONT STYLE="white-space:nowrap">can-making</FONT>
machinery and equipment products. Any 3TG that may be part of Crown&#146;s <FONT STYLE="white-space:nowrap">can-making</FONT> machinery products are incorporated into components (or&nbsp;components of components) or raw materials that are purchased
by Crown and included into the machinery and equipment products. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As a result of Crown&#146;s RCOI process and due diligence for its <FONT
STYLE="white-space:nowrap">can-making</FONT> machinery and equipment business products, which account for less than 1% of Crown&#146;s net sales in fiscal year 2023, Crown identified as <FONT STYLE="white-space:nowrap">in-scope</FONT> and contacted
a total of one hundred ninety-seven (197)&nbsp;suppliers, representing, collectively, over 96% of the <FONT STYLE="white-space:nowrap">can-making</FONT> machinery and equipment business&#146;s annual purchases of raw materials and components. Of
that group, one hundred seventy-nine (179)&nbsp;suppliers, representing 93% of the business&#146;s annual purchases, responded to Crown&#146;s inquiry. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Of the suppliers who provided completed CMRTs, forty (40)&nbsp;suppliers indicated the intentional addition or use of 3TG in their products or production
process. Eight (8)&nbsp;of those forty (40)&nbsp;suppliers indicated that one or more of their products (including, potentially, the products they sell for Crown), may contain 3TG sourced from a Covered Country. Based on the completed CMRTs
submitted and Crown&#146;s own due diligence, Crown determined that one (1)&nbsp;of the approximately six hundred fifty (650)&nbsp;smelters identified by these suppliers requires additional diligence, and that this smelter was identified by seven
(7)&nbsp;of the eight (8)&nbsp;suppliers who indicated that one or more of their products may contain 3TG sourced from a Covered Country. This smelter&#146;s presence in the supply chain creates a risk that Crown may have unintentionally acquired
conflict minerals. As part of Crown&#146;s continued due diligence, Crown has contacted each of these suppliers to confirm the actual presence of this smelter in Crown&#146;s supply chain. If that is confirmed, Crown will work to remove the smelter
from its supply chain. It will request that these seven (7)&nbsp;suppliers discontinue selling products to Crown containing 3TG sourced from this smelter, and will consider, where feasible, adding contractual covenants for the supplier to prevent
such sourcing. Note, none of these seven (7)&nbsp;suppliers, who each sell a wide range of general supply products such as hardware, controllers and other components, had the capability to identify the country of origin of the 3TG found in the
products that they specifically sold to Crown because of the </P>
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nature of the products sold to Crown. Crown undertook similar efforts last year concerning five (5)&nbsp;suppliers that may have sourced conflict minerals from a smelter that required additional
diligence. Through these efforts, Crown was able to confirm that the products provided to Crown by two (2)&nbsp;of the suppliers did not contain 3TG sourced from this smelter. Crown was unable to determine whether the remaining three
(3)&nbsp;suppliers actually supplied products to Crown containing 3TG sourced from this smelter and Crown&#146;s due diligence activities are ongoing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Of
the forty (40)&nbsp;suppliers who indicated the intentional addition or use of 3TG in their products or production process, five (5)&nbsp;indicated that none of the smelters that provided the 3TG found in the products sold to Crown sourced from a
Covered Country and provided their smelter list. Every one of the smelters identified by these five (5)&nbsp;suppliers has been identified by the RMI as &#147;Conformant&#148; or was cleared by the Company&#146;s own due diligence investigation.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The remaining twenty-seven (27)&nbsp;of the forty (40)&nbsp;suppliers either (i)&nbsp;provided their respective Conflict Minerals Policy Statements as
their responses or indicated that 3TG found in the products sold to Crown was not sourced from a Covered Country but did not provide a smelter list to verify the declaration or (ii)&nbsp;indicated that they were unable to confirm that one or more of
the smelters that provided the 3TG minerals found in the products sold to Crown did not source from a Covered Country because of the nature of the products sold to Crown. The information provided by the responding suppliers was often incomplete or
unverifiable. Additionally, based on the information provided by many of Crown&#146;s suppliers who are engaged in general supply industries such as hardware, controllers and other components, it cannot be verified that all the smelters identified
contributed to parts that ended up in Crown products or even that the 3TG was incorporated in Crown products, since some of these responses cover the entire product range of the supplier&#146;s products and not just those sold to Crown. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Because of the long supply chain from most smelters to the component suppliers to Crown&#146;s can-making machinery and equipment business, information
provided to Crown by its component suppliers did not enable Crown to verify the country of origin for all of the 3TG added to the specific parts that ended up in Crown&#146;s can-making machinery and equipment products. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><FONT STYLE="white-space:nowrap">In-Scope</FONT> Transit Business Units </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company has assessed the likelihood of the presence of conflict minerals in each of the products of its <FONT STYLE="white-space:nowrap">In-Scope</FONT>
Transit Business Units as part of its due diligence compliance process described above. At the end of this process, the Company determined that its transit packaging metal strapping business and plastic and paperboard businesses do not use or
manufacture products that contain any 3TG mineral. Certain products of <FONT STYLE="white-space:nowrap">In-Scope</FONT> Transit Business Units, however, may contain 3TG. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As a result of Crown&#146;s RCOI process and due diligence for its <FONT STYLE="white-space:nowrap">In-Scope</FONT> Transit Business Units, Crown identified
as <FONT STYLE="white-space:nowrap">in-scope</FONT> a total of three hundred ninety-four (394)&nbsp;suppliers and delivered this list of <FONT STYLE="white-space:nowrap">in-scope</FONT> suppliers to Assent. Assent then attempted to verify, for each
of the <FONT STYLE="white-space:nowrap">in-scope</FONT> suppliers, whether that supplier is active and self-certifies that its products do not contain 3TG. Assent contacted and solicited the completion of CMRTs (much like Crown does for its <FONT
STYLE="white-space:nowrap">can-making</FONT> machinery and equipment business) from each of the <FONT STYLE="white-space:nowrap">in-scope</FONT> suppliers that is active and not certified. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For calendar year 2023, three hundred sixty-three (363)&nbsp;suppliers of Crown&#146;s transit packaging business, representing more than 92% of the number of
suppliers to Crown&#146;s <FONT STYLE="white-space:nowrap">In-Scope</FONT> Transit Business Units contacted and, collectively, over 95% of the <FONT STYLE="white-space:nowrap">In-Scope</FONT> Transit Business Units&#146; annual purchase value of raw
materials and components, responded to Assent&#146;s inquiry. Of the suppliers who provided CMRTs, one hundred four (104)&nbsp;suppliers indicated the intentional addition or use of 3TG in their products or production process. Twenty-nine
(29)&nbsp;of those one hundred four (104)&nbsp;suppliers indicated that the smelters that provided the 3TG found in the products sold to Crown did not source from a </P>
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Covered Country. Seventy-five (75)&nbsp;of those one hundred four (104)&nbsp;suppliers indicated that one or more of the smelters that provided the 3TG to them did source from a Covered Country.
Of those seventy-five (75)&nbsp;suppliers, <FONT STYLE="white-space:nowrap">thirty-two</FONT> (32)&nbsp;suppliers sourced their 3TG from smelters identified by the RMI as &#147;Conformant&#148; or were cleared by the Company&#146;s due diligence
investigation. None of the remaining forty-three (43)&nbsp;suppliers, who all sell a wide range of general supply products such as hardware, controllers and other components, had the capability to identify the country of origin of all the 3TG found
in the products specifically sold to the <FONT STYLE="white-space:nowrap">In-Scope</FONT> Transit Business Units because of the nature of the products sold to the Company. The information provided by the responding suppliers is, by nature,
unverifiable. Of the hundreds of smelters identified by the suppliers to Crown&#146;s <FONT STYLE="white-space:nowrap">In-Scope</FONT> Transit Business Units, Crown identified one (1)&nbsp;smelter for additional diligence. That smelter is the same
smelter that was identified for additional diligence in Crown&#146;s <FONT STYLE="white-space:nowrap">can-making</FONT> machinery and equipment business. The Company will further investigate to determine whether that smelter, in fact, supplied 3TG
for products purchased by Crown. If so, Crown will work to remove the smelter from its supply chain. Similar efforts undertaken last year, enabled the Company to confirm with approximately 32% of the <FONT STYLE="white-space:nowrap">In-Scope</FONT>
Transit Business Units suppliers contacted for additional diligence that the smelter at issue was no longer present in the Company&#146;s supply chain. The Company&#146;s due diligence activities concerning the remaining suppliers are ongoing.
Additionally, as it relates to Crown&#146;s suppliers who are engaged in general supply industries such as hardware, controllers and other components, it cannot be verified that all the smelters identified contributed to parts that ended up in Crown
products, or even that the 3TG were incorporated in Crown products, since some of these responses cover the entire product range of the supplier&#146;s products and not just those sold to Crown. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Future Due Diligence Improvements </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company intends to
take the following steps, among others, to continue to improve its due diligence measures, increase supply chain transparency and further mitigate the risk that any 3TG contained in its products may finance or benefit armed groups in the Covered
Countries: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">actively manage out the one (1)&nbsp;smelter requiring additional diligence identified by Crown;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">continue to pursue the sustainability goals announced as part of its Twentyby30<SUP
STYLE="font-size:75%; vertical-align:top">&#153;</SUP> program to reduce the amount of minerals mined from the Earth; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">continue to engage and document communication with suppliers to increase the response rate and facilitate the
collection of current, accurate and complete information about the supply chain, smelters, refiners and mineral origins; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">continue to encourage suppliers to implement responsible sourcing and request that suppliers encourage smelters
and each of their refiners to obtain a &#147;conflict-free&#148; designation from an independent third-party auditor; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">continue to direct suppliers to the RMI for information and encourage them to support the RMI&#146;s efforts
through membership; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">continue its efforts toward 100% supplier vendor adherence to its Supplier Code of Conduct and continue enforcing
its rights under its Supplier Code of Conduct regarding responsible sourcing; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">continue to report findings from Crown&#146;s conflict minerals due diligence compliance process to senior
management; </P></TD></TR></TABLE>
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<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">continue to refine its due diligence process for suppliers who indicate the intentional addition or use of 3TG in
their products or production process but who (i)&nbsp;are unable to confirm whether the smelters that provided the 3TG found in the products sold to Crown businesses source from a Covered Country or (ii)&nbsp;did not provide a smelter list so that
their responses could be verified; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">further engage with suppliers that did not respond to the request for information for calendar year 2023.
</P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward-Looking Statements </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>All
information contained in this CMR, other than statements of historical fact, constitute <FONT STYLE="white-space:nowrap">forward-looking</FONT> statements within the meaning of federal securities laws. These forward-looking statements involve a
number of risks, uncertainties, assumptions and other factors including, among other things, Crown&#146;s suppliers&#146; responsiveness and cooperation with Crown&#146;s due diligence efforts, Crown&#146;s ability to implement improvements in its
conflict minerals due diligence compliance process, changes to the sourcing status of smelters and refiners in Crown&#146;s supply chain, changes to the conflict minerals rules, Crown&#146;s ability to identify and mitigate related risks in
Crown&#146;s supply chain, and risks and uncertainties related to significant events affecting the market generally, such as the war in Ukraine, the Israel-Hamas conflict and high interest rates. Other risks, uncertainties, assumptions and other
factors relevant to our <FONT STYLE="white-space:nowrap">forward-looking</FONT> statements are discussed in greater detail in our reports filed with the SEC. All forward-looking statements speak only as of the date of this report, and Crown
undertakes no obligation to review or update any forward-looking statements to reflect events, circumstances or changes in expectations occurring after filing this CMR with the SEC. </I></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>

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