<SEC-DOCUMENT>0001144204-16-105823.txt : 20160531
<SEC-HEADER>0001144204-16-105823.hdr.sgml : 20160531
<ACCEPTANCE-DATETIME>20160531144727
ACCESSION NUMBER:		0001144204-16-105823
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		2
<RULE>
<RULE-NAME>13p-1
<ITEM>
<ITEM-NUMBER>1.01
<ITEM-PERIOD>20151231
</ITEM>
<ITEM>
<ITEM-NUMBER>1.02
<ITEM-PERIOD>20151231
</ITEM>
</RULE>
FILED AS OF DATE:		20160531
DATE AS OF CHANGE:		20160531

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			THOR INDUSTRIES INC
		CENTRAL INDEX KEY:			0000730263
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR HOMES [3716]
		IRS NUMBER:				930768752
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09235
		FILM NUMBER:		161685282

	BUSINESS ADDRESS:	
		STREET 1:		601 E. BEARDSLEY AVENUE
		CITY:			ELKHART
		STATE:			IN
		ZIP:			46514
		BUSINESS PHONE:		(574) 970-7460

	MAIL ADDRESS:	
		STREET 1:		601 E. BEARDSLEY AVENUE
		CITY:			ELKHART
		STATE:			IN
		ZIP:			46514
</SEC-HEADER>
<DOCUMENT>
<TYPE>SD
<SEQUENCE>1
<FILENAME>v440585_sd.htm
<DESCRIPTION>FORM SD
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM SD</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SPECIALIZED DISCLOSURE REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Thor Industries, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact Name of Registrant as Specified in
Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 33%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Delaware</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(State or Other Jurisdiction of Incorporation)</P></td>
    <TD STYLE="width: 34%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>1-9235</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Commission File Number)<B>&nbsp;</B></P></td>
    <TD STYLE="width: 33%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>93-0768752</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(IRS Employer Identification No.)</P></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="text-align: center; vertical-align: bottom">
    <TD STYLE="width: 50%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>601 East Beardsley Avenue, </b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Elkhart, Indiana </b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Address of Principal Executive Offices)</P></td>
    <TD STYLE="width: 50%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>46514-3305</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Zip Code)</P></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>W. Todd Woelfer</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Senior Vice President, General Counsel
        and Corporate Secretary</b></P></td>
    <TD STYLE="width: 50%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&nbsp;</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(574) 970-7460</b></P></td></tr>
<tr style="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt; text-align: center; padding: 0; text-indent: 0"><font style="font-size: 10pt">(Name and telephone number, including area code, of the person to contact in connection with this report.)</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#120;</FONT></TD><TD STYLE="text-align: justify">Rule 13p-1 under the Securities Exchange Act (17 CFR
240.13p-1) for the reporting period from January 1 to December 31, 2015.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;<BR CLEAR="ALL">
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Section 1 &ndash; Conflict Minerals Disclosure</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 1.01&#9;Conflict Minerals Disclosure and Report</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Conflict Minerals Disclosure</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Form SD is filed by Thor Industries, Inc. (the &ldquo;Company&rdquo;)
pursuant to Rule 13p-1 under the Securities Exchange Act of 1934, as amended, for the reporting period from January 1 through December
31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A copy of the Company&rsquo;s Conflict Minerals Report is filed
as Exhibit 1.01 hereto and is incorporated by reference herein. A copy of the report is publicly available at <FONT STYLE="color: Blue"><U>http://ir.thorindustries.com</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 1.02&#9;Exhibit</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A copy of the Company&rsquo;s Conflict Minerals Report is filed
as Exhibit 1.01 hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Section 2 &ndash; Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 2.01&#9;Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

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    <TD STYLE="vertical-align: bottom; width: 1in; border-bottom: Black 1pt solid; padding: 0; font-size: 10pt; text-indent: 0"><font style="font-size: 10pt">Exhibit Number</font></td>
    <TD STYLE="vertical-align: top; width: 0.25in; padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</td>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding: 0; font-size: 10pt; text-indent: 0"><font style="font-size: 10pt">Description</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0"><font style="font-size: 10pt">1.01</font></td>
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0">&nbsp;</td>
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0"><font style="font-size: 10pt">Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">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 undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<tr style="vertical-align: top">
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0"><font style="font-size: 10pt">Date:&nbsp;&nbsp;May 31, 2016</font></td>
    <TD COLSPAN="2" STYLE="padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Thor Industries, Inc.&nbsp;</B></P></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0">&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <TD STYLE="width: 62%; padding: 0; font-size: 10pt; text-align: justify; text-indent: 0">&nbsp;</td>
    <TD STYLE="width: 5%; padding: 0; font-size: 10pt; text-align: justify; text-indent: 0"><font style="font-size: 10pt">By:</font></td>
    <TD STYLE="width: 33%; border-bottom: Black 1pt solid; padding: 0; font-size: 10pt; text-align: justify; text-indent: 0"><font style="font-size: 10pt">/s/ W. Todd Woelfer</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0">&nbsp;</td>
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0"><font style="font-size: 10pt">Name:</font></td>
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0"><font style="font-size: 10pt">W. Todd Woelfer</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0">&nbsp;</td>
    <TD STYLE="padding: 0; font-size: 10pt; text-align: justify; text-indent: 0"><font style="font-size: 10pt">Title:</font></td>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0"><font style="font-size: 10pt">Senior Vice President, General Counsel and Corporate Secretary</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-1.01
<SEQUENCE>2
<FILENAME>v440585_ex1-01.htm
<DESCRIPTION>EXHIBIT 1.01
<TEXT>
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<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0; text-align: right"><B>Exhibit 1.01</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>I.&#9;Introduction</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This is the Conflict Minerals<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>1
</SUP></FONT>Report (the &ldquo;Report&rdquo;) of Thor Industries, Inc. (&ldquo;Thor&rdquo;, the &ldquo;Company&rdquo;, &ldquo;we&rdquo;,
&ldquo;us&rdquo;, or &ldquo;our&rdquo;) prepared for calendar year 2015 in accordance with Rule 13p-1 (the &ldquo;Rule&rdquo;)
under the Securities Exchange Act of 1934 (the &ldquo;Act&rdquo;). Numerous terms in this Report are defined in the Rule and Form
SD and the reader is referred to those sources and to Release No. 34-67716 (August 22, 2012) of the Act for such definitions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Thor, through its operating subsidiaries, manufactures a wide
range of towable and motorized recreational vehicles that are sold to independent dealers primarily in the United States and Canada.
For calendar year 2015, our recreational vehicle operating subsidiaries include Airstream, Inc., Bison Horse Trailers, LLC dba
Bison Coach, Cruiser RV, LLC, DRV, LLC, DS Corp. dba CrossRoads RV, Heartland Recreational Vehicles, LLC, KZRV, L.P., Keystone
RV Company, Thor Livin&rsquo; Lite, Inc. dba Livin&rsquo; Lite RV, Inc., and Thor Motor Coach, Inc. Thor is also the sole member
of Postle Operating, LLC, a producer of extruded aluminum and specialized components for the recreational vehicle and other industries.
As Thor acquired Postle Operating, LLC on May 1, 2015 (the &ldquo;Acquisition Date&rdquo;), this Report only includes Postle Operating,
LLC&rsquo;s activities subsequent to the Acquisition Date. For the purpose of this Report, any reference to products manufactured
by or suppliers of Thor shall include those products manufactured by and suppliers of Thor&rsquo;s operating subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Thor&rsquo;s marketplace is not dominated by publicly traded
entities and, as such, is relatively unsophisticated in matters involving rules issued by the Securities and Exchange Commission.
This reality of our supply chain offered additional challenges to the implementation of Thor&rsquo;s Conflict Minerals program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In accordance with the Rule, Thor undertook efforts to determine
whether the necessary Conflict Minerals in our products were sourced from the DRC or a Covered Country. We designed our efforts
in conformity with the internationally recognized due diligence framework in the <I>OECD Due Diligence Guidance for Responsible
Supply Chains of Minerals from Conflict-Affected and High-Risk Areas</I> <FONT STYLE="font-family: Times New Roman, Times, Serif"><B><I><SUP>2
</SUP></I></B></FONT>(&ldquo;OECD Due Diligence Guidance&rdquo;) and related Supplements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Thor&rsquo;s efforts also utilized multi-industry initiatives
with the smelters and refiners of minerals who may provide those minerals to companies in Thor&rsquo;s supply chain. Thor, as
a purchaser of component parts, is many steps removed from the mining of Conflict Minerals; Thor does not purchase raw ore or
unrefined Conflict Minerals, and does no purchasing directly in the Covered Countries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The statements below are based on the due diligence activities
performed to date and in good faith by Thor and are based on the infrastructure and information available at the time of this
filing.&nbsp; There are factors that could affect the accuracy of these statements, which factors include, but are not limited
to, incomplete supplier data or available smelter data, errors or omissions by suppliers or smelters, evolving definition and
confirmation of smelters, incomplete information from industry or other third-party sources, continuing guidance regarding the
SEC final rules, and other issues.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>II.&#9;Design of Due Diligence Measures</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Thor designed its overall Conflict Minerals program based on
the five-step framework of the OECD Due Diligence Guidance, the Supplement on Tin, Tantalum, and Tungsten, and the Supplement
on Gold.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Thor&rsquo;s implementation of the five-step framework consists
of the following overarching steps, which are discussed in further detail in Section III.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>1</SUP></FONT>
The term &ldquo;conflict mineral&rdquo; is defined in Section 1502(e)(4) of the Act as (A) columbite-tantalite, also known as
coltan (the metal ore from which tantalum is extracted); cassiterite (the metal ore from which tin is extracted);
gold; wolframite (the metal ore from which tungsten is extracted); or their derivatives; or (B) any other mineral or its
derivatives determined by the Secretary of State to be financing conflict in the Democratic Republic of the Congo (the
&ldquo;DRC&rdquo;) or an adjoining country (collectively, the &ldquo;Conflict Minerals&rdquo;).&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>2
</SUP></FONT>OECD (2013), OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk
Areas: Second Edition, OECD Publishing. <FONT STYLE="color: Blue"><U>http://www.oecd.org/corporate/mne/GuidanceEdition2.pdf</U></FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Step 1:&#9;Establish strong company management systems</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Step 2:&#9;Identify and assess risks in the supply chain</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Step 3:&#9;Design and implement a strategy to respond to identified
risks</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Step 4:&#9;Carry out independent third-party audit of smelter/refiner's
due diligence practices</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Step 5:&#9;Report annually on supply chain due diligence</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>III.&#9;Due Diligence Measures Performed by Thor</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following describes the measures taken to reasonably determine
the country of origin and to exercise due diligence in the mineral supply chain in conformance with the OECD Due Diligence Guidance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Step 1:&#9;Establish strong company management systems</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">a.</TD><TD>Conflict Minerals Policy
                                         &ndash; Thor adopted and implemented a Conflict Minerals Policy. It is periodically reviewed
                                         and will be updated, if necessary.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">b.</TD><TD>Conflict Minerals Team
                                         &ndash; We gathered a Conflict Minerals team consisting of Legal, Finance (including
                                         Purchasing), and Information Technology members with decision-making authority to manage
                                         the data collection, review, and reporting processes and educated internal team members
                                         about Conflict Minerals disclosure requirements.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">c.</TD><TD>Supplier Engagement
                                         &ndash; Thor provided its Conflict Minerals Policy and educational materials to our Vendors
                                         (as defined below). Our Vendors were also provided information on the Conflict Minerals
                                         disclosure requirements as well as recommendations for developing, implementing, and
                                         documenting a Conflict Minerals compliance program.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">d.</TD><TD>Engagement &ndash;
                                         Thor engaged Conflict Minerals subject matter experts to assist with the due diligence
                                         and reporting process.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">e.</TD><TD>Records Management
                                         &ndash; Thor is maintaining its records relating to its Conflict Minerals program in
                                         accordance with the recommended record retention guidelines of five (5) years.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Step 2:&#9;Identify and assess risks in the supply chain</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We performed the following steps as part of our risk assessment
process:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">a.</TD><TD>Identify Products in
                                         Scope &ndash; We worked closely with our subsidiaries to identify direct vendors and
                                         suppliers (our &ldquo;Vendors&rdquo;) that provide products potentially containing Conflict
                                         Minerals to such subsidiaries.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left">b.</TD><TD STYLE="text-align: justify">Conduct Reasonable Country of Origin Inquiry (&ldquo;RCOI&rdquo;)</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">i.</TD><TD>Thor contracted
                                         with iPoint&rsquo;s Conflict Minerals Platform (&ldquo;iPoint&rdquo;) to automatically
                                         collect and manage Conflict Minerals declarations as a way to increase the number and
                                         completeness of the Vendors&rsquo; responses.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">ii.</TD><TD>We processed the
                                         Vendor contact information and products lists provided to Thor by each subsidiary on
                                         a monthly or quarterly basis, as applicable, and input such information into iPoint&rsquo;s
                                         database (the &ldquo;iPoint Database&rdquo;) for the purpose of tracking the Vendors,
                                         the Vendors&rsquo; products, our contact efforts with each Vendor, and the Vendors&rsquo;
                                         responses.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">iii.</TD><TD>We contacted
                                         those Vendors for which we did not already have the appropriate contact information by
                                         mail to determine an appropriate contact name and e-mail address to which to send our
                                         Conflict Mineral requests and added such contact information into the iPoint Database.
                                         We followed up with those Vendors multiple times when we failed to receive a response
                                         to our request for contact information.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">iv.</TD><TD>Through iPoint,
                                         we requested that Vendors (a) create an account with iPoint&rsquo;s online portal if
                                         they had not already done so in previous years and (b) input information concerning the
                                         applicable Vendor&rsquo;s products and the conflict status of the minerals contained
                                         in such products. The iPoint online portal is provided free to our Vendors for the Basic
                                         platform. For those Vendors that chose not to create an account with iPoint, we requested
                                         that such Vendors complete and return a Conflict Minerals Reporting Template (&ldquo;CMRT&rdquo;)
                                         available from the Conflict-Free Sourcing Initiative (&ldquo;CFSI&rdquo;) website.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">v.</TD><TD>We directed our
                                         Vendors to pass our request up the supply chain if the Vendor is not the manufacturer
                                         of the underlying product.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">vi.</TD><TD>For those Vendors
                                         that chose not to create an account with iPoint, we verified the completeness and reasonableness
                                         of the returned CMRTs and then uploaded those CMRTs into the iPoint platform for tracking
                                         and reporting.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">vii.</TD><TD>For those Vendors
                                         that chose to create an account with iPoint, we verified the completeness and reasonableness
                                         of their responses through the iPoint platform.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">viii.</TD><TD>In both cases,
                                         we followed up with Vendors when we failed to receive a completed or reasonable response.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">ix.</TD><TD>We dedicated a
                                         substantial amount of time to answering Vendors&rsquo; questions concerning Conflict
                                         Minerals, including, but not limited to, questions related to Thor&rsquo;s reporting
                                         requirement, the definition of Conflict Minerals, and the proper completion of the CMRT
                                         or iPoint request, as applicable.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">x.</TD><TD>We ran and analyzed
                                         reports from iPoint to enable us to track Vendor responses and response rates.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">xi.</TD><TD>While certain
                                         Vendors were able to identify the countries of origin of the tin, tantalum, tungsten,
                                         and/or gold included in the products that they sell to our subsidiaries, our due diligence
                                         efforts did not result in sufficient information to conclusively determine all of the
                                         countries of origin of the tin, tantalum, tungsten and/or gold in our products. In an
                                         effort to provide as complete of a Report as we can, we have included a list of the countries
                                         of origin identified by those Vendors as Appendix I.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left">c.</TD><TD STYLE="text-align: justify">Identify
                                         Smelters/Processors &ndash; Thor collected a list of smelters/processors that are in
                                         its subsidiaries&rsquo; supply chains by&#9;utilizing the iPoint reporting capabilities
                                         and the CFSI&rsquo;s Conflict-Free Smelter Program. We have provided that list under
                                         Section IV (Product Description) below.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Step 3:&#9;Design and implement a strategy to respond to identified
risks</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As part of the risk mitigation process, the iPoint platform
compares the smelters/processors collected from Vendors to the conflict-free smelter lists published by the CFSI.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Step 4:&#9;Carry out independent third-party audit of smelter/refiner's
due diligence practices</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Thor is relying on the iPoint platform and CFSI&rsquo;s published
lists to verify the conflict-free status of smelters/processors that source from Covered Countries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Step 5:&#9;Report annually on supply chain due diligence</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Thor&rsquo;s Conflict Minerals Policy is available to the public
on our website, <FONT STYLE="color: Blue"><U>http://ir.thorindustries.com</U></FONT>. In addition, Thor&rsquo;s Conflict Minerals
Report has been filed with the SEC and is available on our website, <FONT STYLE="color: Blue"><U>http://ir.thorindustries.com</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>IV.&#9;Product Description</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As noted above, the majority of Thor&rsquo;s operating subsidiaries
manufacture towable and motorized recreational vehicles. Our subsidiaries&rsquo; manufacturing processes mainly consist of the
assembly of units and utilize products that may include, but are not limited to, electronics, electronic components, chassis,
upholstery, flooring products, wood and wood-based products, adhesives, paint, mirrors, glass, plastic, fiberglass, plumbing components,
heating and cooling components, furniture, aluminum, steel, extruded polystyrene, appliances, and other similar products. Postle
Operating, LLC&rsquo;s offerings include aluminum extrusions, powder coating and painting services, and specialized component
fabrication and utilize products that may include, but are not limited to, aluminum, paint, steel, and other similar products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B></B></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Processing Facilities &ndash; Based on our due diligence process
and the information received from our Vendors, the following facilities were identified by our Vendors as the smelters and refiners
of the tin, tantalum, tungsten, and/or gold present in and necessary to the functionality of products manufactured by Thor&rsquo;s
subsidiaries in the year ended December 31, 2015:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;<B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="width: 50%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1.5pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt"><B>Smelter
    Name</B></FONT></td>
    <TD NOWRAP STYLE="width: 15%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1.5pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt"><B>Metal</B></FONT></td>
    <TD NOWRAP STYLE="width: 35%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1.5pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt"><B>Country
    </B></FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Allgemeine
    Gold-und Silberscheideanstalt A.G.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">AngloGold
    Ashanti C&oacute;rrego do S&iacute;tio Minera&ccedil;&atilde;o</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Argor-Heraeus
    S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SWITZERLAND</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Asahi
    Pretec Corp.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Asahi
    Refining USA Inc.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Asaka
    Riken Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Atasay
    Kuyumculuk Sanayi Ve Ticaret A.S.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">TURKEY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Aurubis
    AG</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Bangko
    Sentral ng Pilipinas (Central Bank of the Philippines)</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PHILIPPINES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Boliden
    AB</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SWEDEN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">C.
    Hafner GmbH + Co. KG</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CCR
    Refinery - Glencore Canada Corporation</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CANADA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Chimet
    S.p.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">ITALY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">DODUCO
    GmbH</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Dowa</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Eco-System
    Recycling Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Elemetal
    Refining, LLC</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Emirates
    Gold DMCC</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    ARAB EMIRATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Heimerle
    + Meule GmbH</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Heraeus
    Ltd. Hong Kong</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Heraeus
    Precious Metals GmbH &amp; Co. KG</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Ishifuku
    Metal Industry Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Istanbul
    Gold Refinery</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">TURKEY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Japan
    Mint</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Jiangxi
    Copper Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JSC
    Ekaterinburg Non-Ferrous Metal Processing Plant</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">RUSSIAN
    FEDERATION</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JSC
    Uralelectromed</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">RUSSIAN
    FEDERATION</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JX
    Nippon Mining &amp; Metals Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Kazzinc</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">KAZAKHSTAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Kennecott
    Utah Copper LLC</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Kojima
    Chemicals Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">LS-NIKKO
    Copper Inc.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">KOREA,
    REPUBLIC OF</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Materion</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Matsuda
    Sangyo Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Metalor
    Technologies (Hong Kong) Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Metalor
    Technologies (Singapore) Pte., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SINGAPORE</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Metalor
    Technologies S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SWITZERLAND</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Metalor
    USA Refining Corporation</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">METAL&Uacute;RGICA
    MET-MEX PE&Ntilde;OLES, S.A. DE C.V</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">MEXICO</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Mitsubishi
    Materials Corporation</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Mitsui
    Mining and Smelting Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
</TABLE>

<P STYLE="margin: 0">&nbsp;&nbsp;</P>

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<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 50%"><FONT STYLE="font-size: 10pt">MMTC-PAMP
    India Pvt., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 15%; border-top: Black 1pt solid"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 35%; border-top: Black 1pt solid"><FONT STYLE="font-size: 10pt">INDIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Moscow
    Special Alloys Processing Plant</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">RUSSIAN
    FEDERATION</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Nadir
    Metal Rafineri San. Ve Tic. A.&#350;.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">TURKEY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Nihon
    Material Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">&Ouml;gussa
    &Ouml;sterreichische Gold- und Silber-Scheideanstalt GmbH</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">AUSTRIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Ohura
    Precious Metal Industry Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">OJSC
    &quot;The Gulidov Krasnoyarsk Non-Ferrous Metals Plant&quot; (OJSC Krastsvetmet)</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">RUSSIAN
    FEDERATION</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">OJSC
    Novosibirsk Refinery</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">RUSSIAN
    FEDERATION</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PAMP
    S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SWITZERLAND</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Prioksky
    Plant of Non-Ferrous Metals</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">RUSSIAN
    FEDERATION</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Aneka Tambang (Persero) Tbk</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PX
    Pr&eacute;cinox S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SWITZERLAND</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Rand
    Refinery (Pty) Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SOUTH
    AFRICA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Republic
    Metals Corporation</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Royal
    Canadian Mint</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CANADA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Schone
    Edelmetaal B.V.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">NETHERLANDS</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SEMPSA
    Joyer&iacute;a Plater&iacute;a S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SPAIN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Shandong
    Zhaojin Gold &amp; Silver Refinery Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Sichuan
    Tianze Precious Metals Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Singway
    Technology Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">TAIWAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SOE
    Shyolkovsky Factory of Secondary Precious Metals</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">RUSSIAN
    FEDERATION</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Solar
    Applied Materials Technology Corp.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">TAIWAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Sumitomo
    Metal Mining Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">T.C.A
    S.p.A</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">ITALY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tanaka
    Kikinzoku Kogyo K.K.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">The
    Refinery of Shandong Gold Mining Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tokuriki
    Honten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Umicore
    Brasil Ltda.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Umicore
    Precious Metals Thailand</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">THAILAND</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Umicore
    S.A. Business Unit Precious Metals Refining</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BELGIUM</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">United
    Precious Metal Refining, Inc.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Valcambi
    S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SWITZERLAND</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Western
    Australian Mint trading as The Perth Mint</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">AUSTRALIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Yamamoto
    Precious Metal Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Yokohama
    Metal Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Zhongyuan
    Gold Smelter of Zhongjin Gold Corporation</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Zijin
    Mining Group Co., Ltd. Gold Refinery</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gold</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Changsha
    South Tantalum Niobium Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Conghua
    Tantalum and Niobium Smeltry</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">D
    Block Metals, LLC</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Duoluoshan</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Exotech
    Inc.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">F&amp;X
    Electro-Materials Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
</TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 50%"><FONT STYLE="font-size: 10pt">FIR
    Metals &amp; Resource Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 15%; border-top: Black 1pt solid"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 35%; border-top: Black 1pt solid"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Global
    Advanced Metals Aizu</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Global
    Advanced Metals Boyertown</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Guangdong
    Zhiyuan New Material Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">H.C.
    Starck Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">THAILAND</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">H.C.
    Starck GmbH Goslar</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">H.C.
    Starck GmbH Laufenburg</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">H.C.
    Starck Hermsdorf GmbH</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">H.C.
    Starck Inc.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">H.C.
    Starck Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">H.C.
    Starck Smelting GmbH &amp; Co. KG</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Hengyang
    King Xing Lifeng New Materials Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Hi-Temp
    Specialty Metals, Inc.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Jiangxi
    Dinghai Tantalum &amp; Niobium Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Jiangxi
    Tuohong New Raw Material</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JiuJiang
    JinXin Nonferrous Metals Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Jiujiang
    Tanbre Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Jiujiang
    Zhongao Tantalum &amp; Niobium Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">KEMET
    Blue Metals</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">MEXICO</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">KEMET
    Blue Powder</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">King-Tan
    Tantalum Industry Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">LSM
    Brasil S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Metallurgical
    Products India Pvt., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Minera&ccedil;&atilde;o
    Taboca S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Mitsui
    Mining &amp; Smelting</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Molycorp
    Silmet A.S.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">ESTONIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Ningxia
    Orient Tantalum Industry Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Plansee
    SE Liezen</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">AUSTRIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Plansee
    SE Reutte</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">AUSTRIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">QuantumClean</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Resind
    Ind&uacute;stria e Com&eacute;rcio Ltda.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">RFH
    Tantalum Smeltry Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Solikamsk
    Magnesium Works OAO</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">RUSSIAN
    FEDERATION</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Taki
    Chemicals</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Telex
    Metals</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tranzact,
    Inc.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Ulba
    Metallurgical Plant JSC</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">KAZAKHSTAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">XinXing
    HaoRong Electronic Material Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Yichun
    Jin Yang Rare Metal Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Zhuzhou
    Cemented Carbide</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tantalum</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Alpha</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">China
    Tin Group Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Cooperativa
    Metalurgica de Rond&ocirc;nia Ltda.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
</TABLE>

<P STYLE="margin: 0">&nbsp;&nbsp;</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 50%"><FONT STYLE="font-size: 10pt">CV
    Ayi Jaya</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 15%; border-top: Black 1pt solid"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 35%; border-top: Black 1pt solid"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CV
    Gita Pesona</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CV
    Serumpun Sebalai</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CV
    United Smelting</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CV
    Venus Inti Perkasa</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Dowa</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Elmet
    S.L.U. (Metallo Group)</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">SPAIN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">EM
    Vinto</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BOLIVIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Fenix
    Metals</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">POLAND</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Gejiu
    Non-Ferrous Metal Processing Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Jiangxi
    Ketai Advanced Material Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Magnu's
    Minerais Metais e Ligas Ltda.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Malaysia
    Smelting Corporation (MSC)</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">MALAYSIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Melt
    Metais e Ligas S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Metallic
    Resources, Inc.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Metallo-Chimique
    N.V.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BELGIUM</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Minera&ccedil;&atilde;o
    Taboca S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Minsur</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PERU</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Mitsubishi
    Materials Corporation</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">O.M.
    Manufacturing (Thailand) Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">THAILAND</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">O.M.
    Manufacturing Philippines, Inc.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PHILIPPINES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Operaciones
    Metalurgical S.A.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BOLIVIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Aries Kencana Sejahtera</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Artha Cipta Langgeng</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    ATD Makmur Mandiri Jaya</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Babel Inti Perkasa</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Bangka Prima Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Bangka Tin Industry</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Belitung Industri Sejahtera</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    BilliTin Makmur Lestari</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Bukit Timah</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Cipta Persada Mulia</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    DS Jaya Abadi</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Eunindo Usaha Mandiri</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Inti Stania Prima</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Justindo</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Mitra Stania Prima</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Panca Mega Persada</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Prima Timah Utama</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Refined Bangka Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Sariwiguna Binasentosa</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Stanindo Inti Perkasa</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Sumber Jaya Indah</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
</TABLE>

<P STYLE="margin: 0">&nbsp;&nbsp;</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 50%"><FONT STYLE="font-size: 10pt">PT
    Timah (Persero) Tbk Kundur</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 15%; border-top: Black 1pt solid"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0; width: 35%; border-top: Black 1pt solid"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Timah (Persero) Tbk Mentok</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Tinindo Inter Nusa</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Tommy Utama</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Wahana Perkit Jaya</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Resind
    Ind&uacute;stria e Com&eacute;rcio Ltda.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Rui
    Da Hung</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">TAIWAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Soft
    Metais Ltda.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Thaisarco</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">THAILAND</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">VQB
    Mineral and Trading Group JSC</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">VIET
    NAM</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">White
    Solder Metalurgia e Minera&ccedil;&atilde;o Ltda.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">BRAZIL</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Yunnan
    Tin Group (Holding) Company Limited</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">PT
    Sukses Inti Makmur</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tin</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">INDONESIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">A.L.M.T.
    TUNGSTEN Corp.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Asia
    Tungsten Products Vietnam Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">VIET
    NAM</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Chenzhou
    Diamond Tungsten Products Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Chongyi
    Zhangyuan Tungsten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Fujian
    Jinxin Tungsten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Ganzhou
    Huaxing Tungsten Products Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Ganzhou
    Jiangwu Ferrotungsten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Ganzhou
    Seadragon W &amp; Mo Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Ganzhou
    Yatai Tungsten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Global
    Tungsten &amp; Powders Corp.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Guangdong
    Xianglu Tungsten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">H.C.
    Starck GmbH</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">H.C.
    Starck Smelting GmbH &amp; Co.KG</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">GERMANY</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Hunan
    Chenzhou Mining Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Hunan
    Chunchang Nonferrous Metals Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Hydrometallurg,
    JSC</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">RUSSIAN
    FEDERATION</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Japan
    New Metals Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">JAPAN</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Jiangxi
    Gan Bei Tungsten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Jiangxi
    Xiushui Xianggan Nonferrous Metals Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Kennametal
    Huntsville</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Malipo
    Haiyu Tungsten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Niagara
    Refining LLC</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">UNITED
    STATES</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Nui
    Phao H.C. Starck Tungsten Chemicals Manufacturing LLC</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">VIET
    NAM</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tejing
    (Vietnam) Tungsten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">VIET
    NAM</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Vietnam
    Youngsun Tungsten Industry Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">VIET
    NAM</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Wolfram
    Bergbau und H&uuml;tten AG</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">AUSTRIA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Xiamen
    Tungsten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Xinhai
    Rendan Shaoguan Tungsten Co., Ltd.</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Tungsten</FONT></td>
    <TD NOWRAP STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 2.5pt; text-indent: 0"><FONT STYLE="font-size: 10pt">CHINA</FONT></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;&nbsp;</B></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>V.&#9;Steps to Improve Due Diligence</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We will continue to communicate our expectations and information
requirements to our Vendors. We will also continue to monitor changes in circumstances that may impact the facts or our determination.
Over time, we anticipate that the amount of information available globally on the traceability and sourcing of these ores will
increase and improve our knowledge. We will continue to make inquiries to our Vendors and undertake additional risk assessments
when potentially relevant changes in facts or circumstances are identified. If we become aware of a Vendor that needs improvement
in its due diligence process, we intend to continue the trade relationship while that Vendor improves its compliance program.
We expect our Vendors to take similar measures with their suppliers to ensure alignment throughout the supply chain.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition to those above, the Company will undertake the
following steps during the next compliance period to improve the due diligence conducted and to further mitigate the risk that
the necessary Conflict Minerals do not benefit armed groups, including:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Review
                                         and enhance the reporting platform as necessary to improve Vendors&rsquo; ability to
                                         accurately and completely respond.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Seek
                                         improvement in our own internal vendor identification to allow for increased proficiency
                                         in the inquiry and reporting process.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Consider
                                         the implementation of all feasible recommendations issued through an outside consultant
                                         with experience and expertise related to the Conflict Minerals rules and requirements.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Continue
                                         to create an internal database of products known to or believed to contain minerals that
                                         are possibly from conflict smelters to allow for further diligence on the suppliers of
                                         such products, if necessary.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>VI.&#9;Independent Private Sector Audit</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Not required for calendar year 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>APPENDIX I</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Countries of Origin</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The information provided in this Appendix is based on the information
collected from Thor&rsquo;s subsidiaries&rsquo; Vendors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 34%; border: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Argentina</FONT></td>
    <TD STYLE="width: 33%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Indonesia</FONT></td>
    <TD STYLE="width: 33%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Rwanda</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Australia</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Italy</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Sierre
    Leone</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Austria</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Japan</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Singapore</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Belarus</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Kazakhstan</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">South
    Africa</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Belgium</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Kyrgyzstan</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">South
    Korea</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Bolivia</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Laos</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Spain</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Brazil</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Malaysia</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Suriname</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Burundi</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Mexico</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Sweden</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Canada</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Mongolia</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Switzerland</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Chile</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Morocco</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Taiwan</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">China</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Mozambique</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Tajikistan</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Democratic
    Republic of the Congo</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Myanmar</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Thailand</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">England</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Namibia</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Turkey</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Estonia</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Niger</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">United
    Kingdom</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Ethiopia</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Nigeria</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">United
    States of America</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">France</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Peru</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Uzbekistan</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Germany</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Philippines</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Vietnam</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Guinea</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Poland</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Zambia</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Guyana</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Portugal</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Zimbabwe</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">India</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Russia</FONT></td>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 2.5pt; text-align: justify; text-indent: 0">&nbsp;</td></tr>
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