<SEC-DOCUMENT>0001104659-22-065165.txt : 20220526
<SEC-HEADER>0001104659-22-065165.hdr.sgml : 20220526
<ACCEPTANCE-DATETIME>20220526131756
ACCESSION NUMBER:		0001104659-22-065165
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		2
<RULE>
<RULE-NAME>13p-1
<ITEM>
<ITEM-NUMBER>1.01
<ITEM-PERIOD>20211231
</ITEM>
<ITEM>
<ITEM-NUMBER>1.02
<ITEM-PERIOD>20211231
</ITEM>
</RULE>
FILED AS OF DATE:		20220526
DATE AS OF CHANGE:		20220526

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OSI SYSTEMS INC
		CENTRAL INDEX KEY:			0001039065
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				330238801
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23125
		FILM NUMBER:		22967724

	BUSINESS ADDRESS:	
		STREET 1:		12525 CHADRON AVE
		CITY:			HAWTHORNE
		STATE:			CA
		ZIP:			90250
		BUSINESS PHONE:		3109780516

	MAIL ADDRESS:	
		STREET 1:		12525 CHADRON AVENUE
		CITY:			HAWTHORNE
		STATE:			CA
		ZIP:			90250
</SEC-HEADER>
<DOCUMENT>
<TYPE>SD
<SEQUENCE>1
<FILENAME>tm2216770d1_sd.htm
<DESCRIPTION>SD
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<P STYLE="margin: 0"></P>

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<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B>&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B>&nbsp;</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">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;SD</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; text-align: center"><FONT STYLE="font-variant: small-caps"><B>Specialized
Disclosure Report</B></FONT></P>

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

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>OSI SYSTEMS,&nbsp;INC.</B>&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">(Exact name of the registrant as specified in its charter)</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top; width: 36%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Delaware</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 32%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>000-23125</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 32%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(State or other jurisdiction</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Commission</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">of incorporation or organization)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">file number)</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</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="vertical-align: top; width: 50%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>12525 Chadron Avenue, Hawthorne, California</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 48%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>90250</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address of principle executive offices)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Zip code)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Victor Sze</B></P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><B>(310) 978-0516</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; 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; text-align: justify">Check the appropriate box to indicate the rule&nbsp;pursuant
to which this form is being filed:</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; text-align: justify"><FONT STYLE="font-family: Wingdings">&#120;</FONT> Rule&nbsp;13p-1 under the Securities
Exchange Act (17 CFR 240.13p-1) for the reporting period from January&nbsp;1 to December&nbsp;31, 2021</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; text-align: justify"><FONT STYLE="font-family: Wingdings">&#168;</FONT>
Rule&nbsp;13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended ____.</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;</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;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Section&nbsp;1 - 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"><B>Item 1.01 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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
copy of the Conflict Minerals Report of OSI Systems,&nbsp;Inc. (the &ldquo;Company&rdquo;) </FONT>for the reporting period January&nbsp;1,
2021 to December&nbsp;31, 2021 is filed as Exhibit&nbsp;1.01 hereto and is publicly available at <U>https://www.osi-systems.com/about-osi/ethics-and-compliance/conflict-minerals-report</U>.<FONT STYLE="background-color: white">*</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 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; text-align: justify">The Company has filed, as an exhibit to this Form&nbsp;SD,
the Conflict Minerals Report required by Item 1.01.</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; background-color: white"><B>Section&nbsp;2 &ndash; Resource Extraction
Issuer 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; background-color: white"><B>Item&nbsp;2.01 Resource Extraction Issuer
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; background-color: white">Not applicable.</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&nbsp;3 &ndash; Exhibits</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; text-align: left; margin: 0pt 0; text-indent: 0"><B>Item&nbsp;&nbsp;3.01&nbsp; Exhibits</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; text-align: justify">Exhibit&nbsp;1.01 &ndash; Conflict Minerals Report
for the reporting period January&nbsp;1, 2021 to December&nbsp;31, 2021</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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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="background-color: white">*</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="background-color: white">The reference to the Company&rsquo;s
website is provided for convenience only, and its contents are not incorporated by reference into this Form&nbsp;SD or into the Conflict
Minerals Report nor deemed filed with the U.S. Securities and Exchange Commission.</FONT></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;</P>

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

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

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    <TD STYLE="white-space: nowrap; width: 10%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Exhibit</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: black 1pt solid"><B>Number</B></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; width: 88%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 12pt; text-indent: -12pt"><A HREF="tm2216770d1_ex1-01.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.01</FONT></A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="tm2216770d1_ex1-01.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conflict Minerals Report for the reporting period January&nbsp;1, 2021 to December&nbsp;31, 2021</FONT></A></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;</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.</P>

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

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

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

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    <TD STYLE="width: 49%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Victor Sze</FONT></TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 48%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">May&nbsp;26, 2022</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Victor Sze</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Date)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Executive Vice President, General Counsel, and Secretary</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-1.01
<SEQUENCE>2
<FILENAME>tm2216770d1_ex1-01.htm
<DESCRIPTION>EXHIBIT 1.01
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;1.01</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; text-align: center"><B>OSI Systems,&nbsp;Inc.</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Conflict Minerals 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; text-align: justify">This Conflict Minerals Report (&ldquo;Report&rdquo;)
of OSI Systems,&nbsp;Inc. (&ldquo;Company&rdquo;, &ldquo;we,&rdquo; &ldquo;us,&rdquo; or &ldquo;our&rdquo;) for the reporting period January&nbsp;1,
2021 to December&nbsp;31, 2021 is provided in accordance with Rule&nbsp;13p-1 (the &ldquo;Rule&rdquo;) under the Securities Exchange Act
of 1934, as amended.&nbsp; The Rule&nbsp;imposes certain reporting obligations on Securities and Exchange Commission registrants whose
manufactured products contain conflict minerals which are necessary to the functionality or production of their products.&nbsp; For purposes
of the Rule, the term &ldquo;conflict minerals&rdquo; is defined as cassiterite, columbite-tantalite, gold, wolframite, and their derivatives,
which are limited to tin, tantalum, tungsten, and gold.&nbsp; These requirements apply to registrants whatever the geographic origin of
the conflict minerals and whether or not they fund armed conflict.</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; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Information
included in this Report covers the Company and all of its consolidated&nbsp;subsidiaries. A copy of this Report is publicly available
at <U>https://www.osi-systems.com/about-osi/ethics-and-compliance/conflict-minerals-report</U></FONT>, and the Company&rsquo;s Conflict
Minerals Policy Statement (the &ldquo;Conflict Minerals Policy&rdquo;) is available at <U>https://www.osi-systems.com/about-osi/ethics-and-compliance/conflict-minerals-policy</U>.</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; text-align: justify">This Report has not been subject to an independent
private sector audit as allowed under the Rule.</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>1. Overview and Description of Products</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; text-align: justify">The Company is a vertically integrated designer
and manufacturer of specialized electronic systems and components that meet the critical needs in the homeland security, healthcare, defense,
and aerospace industries.&nbsp; The Company has three operating divisions: (a)&nbsp;Security, providing security and inspection systems
and related services, and turnkey security screening solutions; (b)&nbsp;Healthcare, providing patient monitoring and diagnostic cardiology
products and related services; and (c)&nbsp;Optoelectronics and Manufacturing, providing specialized electronic components and electronic
manufacturing services for the Security and Healthcare divisions, as well as to external original equipment manufacturer customers and
end users for applications in the defense, aerospace, medical and industrial markets, among others.</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; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company designs, develops, manufactures and sells products ranging from security and inspection systems to patient monitoring and diagnostic
cardiology systems to discrete optoelectronic devices and value-added subsystems.</FONT> Based on a review of our principal products,
primarily evaluating our products and their components against typical industry uses for conflict minerals, we determined that tin, tantalum,
tungsten, and gold (collectively, &ldquo;3TG&rdquo;) are necessary to the functionality of each of our product lines.&nbsp; Most of our
physical products are assembled using electronic components, metal, and plastics parts.&nbsp; Electronic components used in our products
typically contain both custom made components, including printed circuit boards, sensors, and other passive electronic components, and
components designed and manufactured by other companies.&nbsp; Most of these electronic components contain conflict minerals.</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; text-align: justify">Consequently, we established a system for surveying
our supply chain and complying with the requirements of the Rule&nbsp;that we believe is in material conformity with the Organisation
for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and
High-Risk Areas, Second Edition, and the related Supplements on Tin, Tantalum and Tungsten, and on Gold (collectively, the &ldquo;OECD
Guidance&rdquo;).</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>2. Reasonable Country of Origin Inquiry; 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; text-align: justify">In accordance with the Rule, we have conducted
a good faith reasonable country of origin inquiry regarding the use of conflict minerals which was reasonably designed to determine whether
any of the conflict minerals originated in the Democratic Republic of the Congo or an adjoining country or are from recycled or scrap
sources. Our due diligence process was designed in material conformity with the OECD Guidance and documented in an internal conflict minerals
compliance program (the &ldquo;Conflict Minerals Compliance Program&rdquo;).&nbsp; The Conflict Minerals Compliance Program includes the
Conflict Minerals Policy regarding conflict minerals and our expectations regarding our suppliers to support our compliance efforts.&nbsp;
We have implemented those OECD due diligence guidelines that are relevant to our business and supply chain, consistent with the intent
of the OECD 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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our supply chain is complex. There are multiple
tiers between our Company and the mines.&nbsp; Also, at times our operating divisions operate independently, and their respective manufacturing
locations may have separate supply chains, although they may purchase components and raw materials from some of the same vendors.&nbsp;
Accordingly, we rely on our direct suppliers to provide information on the origin of the conflict minerals contained in raw materials
or components which are included in our products. As an added safeguard, we evaluate aggregated mine and source databases to verify information
provided by our suppliers and vendors. This process employs a risk-based approach to validate smelters' company-level management processes
for responsible mineral procurement.</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; text-align: justify">We continued to encounter various challenges in
obtaining and analyzing the responses we received from our suppliers. Some of our direct suppliers are currently unable to confirm the
origin information of conflict minerals contained in components which they supply to us. This is often due to the nature of the product
or component being supplied. Additionally, information provided by our suppliers was often incomplete and/or required significant follow-up.
Some of these suppliers need to survey their suppliers which in turn are expected to continue the cascade of reasonable country of origin
inquiries and due diligence requirements until all conflict minerals content and smelter or refiner information can be identified. Based
on information provided by our suppliers, it is our current understanding that not all of these surveys have been initiated or are complete,
and in many instances, we have limited ability to influence cooperation from suppliers when we are multiple tiers away from the smelter
in the supply chain. Further, we have a varied supplier base with differing levels of resources and sophistication, and many of our suppliers
are not themselves subject to the Rule.</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; text-align: justify">In addition, we are members of the Responsible
Minerals Initiative (formerly the Conflict-Free Sourcing Initiative) (&ldquo;RMI&rdquo;) founded by members of the Responsible Business
Alliance (formerly the Electronic Industry Citizenship Coalition) and the Global e-Sustainability Initiative. The RMI is a widely-utilized
resource for companies addressing issues related to responsible sourcing of minerals in their supply chain. We believe our participation
in the RMI, along with hundreds of other global companies, will support our efforts to further understand the sourcing practices within
our complex supply chain. RMI maintains a series of sophisticated databases, tools, and resources designed to help companies determine
which smelters and refiners can be verified as having systems in place to responsibly source minerals in line with current global standards.</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; text-align: justify">Our Conflict Minerals Compliance Program includes
the following key due diligence, risk assessment, and risk mitigation efforts undertaken to date by the Company:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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">
<TD STYLE="padding-bottom: 2pt; width: 0.25in"></TD><TD STYLE="padding-bottom: 2pt; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We reviewed the bills of materials for each of our products to determine if conflict minerals are used
to make components included in these products. We then sought to identify the supplier of each component or subassembly incorporated into
each of the products.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-bottom: 2pt; width: 0.25in"></TD><TD STYLE="padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">Because we generally do not directly procure components from smelters and refiners, we focused our efforts
on establishing controls for engaging with our first-tier suppliers to gather information about the smelters and refiners in their own
supply chain in order to meet our reporting requirements.</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="padding-bottom: 2pt; width: 0in"></TD><TD STYLE="padding-bottom: 2pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We sent correspondence to our direct suppliers, explaining the
Rule, confirming our commitment to comply with the Rule,&nbsp;and communicating our expectations regarding how they can assist us in
complying with the Rule.</TD>
</TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="padding-bottom: 2pt; width: 0in"></TD><TD STYLE="padding-bottom: 2pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We designed a customized, web-based survey tool based on the
Responsible Business Alliance (formerly the Electronic Industry Citizenship Coalition) and the Global e-Sustainability Initiative Conflict
Minerals Reporting Template (CMRT) and conducted ongoing inquiries of our direct suppliers.</TD>
</TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="padding-bottom: 2pt; width: 0in"></TD><TD STYLE="padding-bottom: 2pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We reviewed responses that we received from our direct suppliers,
and we followed up on inconsistent, incomplete, or insufficient responses.&nbsp;&nbsp; Additionally, we sent reminders to suppliers who
did not respond to our requests for information.</TD>
</TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="padding-bottom: 2pt; width: 0in"></TD><TD STYLE="padding-bottom: 2pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We added conflict minerals reporting to our standard terms and
conditions for our direct suppliers.</TD>
</TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="padding-bottom: 2pt; width: 0in"></TD><TD STYLE="padding-bottom: 2pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We have implemented ongoing Conflict Minerals Compliance Program
training for all applicable personnel in our purchasing, supply chain, and materials departments.</TD>
</TR>
</TABLE>

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

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<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: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></FONT></TD><TD STYLE="text-align: justify">We have published our Conflict Minerals Policy which is publicly available at <U>https://www.osi-systems.com/about-osi/ethics-and-compliance/conflict-minerals-policy</U>.
                                                                                                                                                                                                                                                                                 As of the date this Conflict Minerals Report was filed, our Conflict Minerals Policy read as follows:</TD></TR></TABLE>

<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 0pt 1in; text-align: justify"><B><U>Our Policy</U></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 0pt 1in; text-align: justify"><B>We have a responsibility to source
materials and supplies responsibly, as well as a duty to comply with the laws concerning conflict minerals.</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 0pt 1in; text-align: justify">OSI Systems is committed to sourcing materials
and supplies from companies that share our values with regard to ethics and integrity, respect for human rights, and environmental responsibility.</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 0pt 1in; text-align: justify">This includes the sourcing of conflict
minerals, which are minerals mined in conditions of armed conflict and human rights abuses, and sold or traded by armed groups. International
law recognizes that minerals from the Democratic Republic of Congo (DRC) region present a specific risk in this regard, and requires companies
trading in natural resources from the DRC to do so in a way which is socially, economically and environmentally responsible.</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 0pt 1in; text-align: justify">We aim to achieve a &ldquo;conflict free&rdquo;
supply chain &ndash; that is, a supply chain that does not directly or indirectly finance armed groups through mining or mineral trading
in the DRC region. We require complete supply chain transparency from all of our suppliers and vendors to achieve this goal.</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 0pt 1in; text-align: justify">We are also committed to complying with
Section&nbsp;1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of tantalum, tin, tungsten, and
gold &ndash; conflict minerals associated with financing regional violence and an ongoing civil war in the DRC and its adjacent 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 0pt 1in"><B>Communicating with Suppliers</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">Suppliers must be notified of our Conflict
Minerals Policy when we start doing business with them. At a minimum, a reference to the policy (or a URL linking to the policy on the
corporate OSI website) must appear on all purchase orders, master supply agreements (MSAs), and other applicable agreements issued by
OSI Systems. As a condition of our business relationship, all suppliers will be required to provide accurate and transparent information
about the origin of all products supplied to our company.</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 0pt 1in; text-align: justify"><B>Our Commitment to Customers</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 0pt 1in; text-align: justify">We firmly believe that our customers should
be fully informed about the products they purchase.</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 0pt 1in; text-align: justify">While we may not be able to certify as
to the country of origin of the minerals contained in the products manufactured by our suppliers, we are committed to working with our
customers to supply products that meet our customer&rsquo;s specifications.</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; text-align: justify">Further, from time to time, we make
certain business acquisitions. As part of our standard acquisition due diligence, we evaluate the target&rsquo;s supply chain, including
any complexities and potential risks with mineral sourcing. We are actively working to ensure recently-acquired businesses operate under
our Conflict Minerals Compliance Program and implement the practices referenced therein. Due to the complexities related to acquisition
integration, it may be some time before we are able to determine if supply chains from newly acquired assets or entities operate in accordance
with our corporate policy on conflict minerals.</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;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Despite having conducted good faith reasonable
country of origin inquiries and conducting due diligence, we do not currently have sufficient information from our suppliers and other
sources to determine the country of origin of the conflict minerals used in our products or identify the facilities used to process those
conflict minerals. Due to the unique nature of our supply chain, many of our suppliers continue to have challenges determining the origin
of certain 3TG minerals. Therefore, we cannot exclude the possibility that some of these conflict minerals may have originated in the
Democratic Republic of the Congo or an adjoining country and are not from recycled or scrap sources.</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>3. Future Steps; Risk Mitigation</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; text-align: justify">We continue to take steps to improve the number
and quality of supplier responses and mitigate some future risk that our necessary conflict minerals benefit armed groups. These continued
improvements include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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="padding-bottom: 2pt; width: 0.25in"></TD><TD STYLE="padding-bottom: 2pt; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We will continue to work with our direct suppliers who provided
inconsistent, incomplete, or insufficient responses in an effort to obtain more complete and accurate information in 2022.</TD>
</TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="padding-bottom: 2pt; width: 0.25in"></TD><TD STYLE="padding-bottom: 2pt; width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We will continue to follow our due diligence process to review
and validate supplier responses.</TD>
</TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-bottom: 2pt; width: 0.25in"></TD><TD STYLE="padding-bottom: 2pt; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We will continue evaluating alternative material suppliers if our current supply chain remains unable
to determine the origin of certain components and raw materials.</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="padding-bottom: 2pt; width: 0.25in"></TD><TD STYLE="padding-bottom: 2pt; width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We will continue to provide information and training on the
Rule, our Conflict Minerals Policy, and Conflict Minerals Compliance Program to our employees.</TD>
</TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="padding-bottom: 2pt; width: 0.25in"></TD><TD STYLE="padding-bottom: 2pt; width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></FONT></TD><TD STYLE="padding-bottom: 2pt; text-align: justify">We will continue to maintain conflict minerals reporting and
responsible sourcing requirements in our standard terms and conditions for our direct suppliers.</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>Caution Concerning Forward-Looking Statements</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; text-align: justify">This Report contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995, Section&nbsp;27A of the Securities Act of 1933, as amended,
and Section&nbsp;21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to our current expectations,
beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance
and involve uncertainties, risks, assumptions, and contingencies, many of which are outside our control and which may cause actual results
to differ materially from those described in or implied by any forward-looking statement. For a further discussion of our risk factors
and other factors that could cause our future results to differ materially from any forward-looking statements, see the section entitled
 &ldquo;Risk Factors&rdquo; in our Annual Report on Form&nbsp;10-K for our most recently completed fiscal year and other risks described
therein and in documents subsequently filed by us from time to time with the Securities and Exchange Commission. Undue reliance should
not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which
they are made. We assume no obligation to update any forward-looking statement made in this Report that becomes untrue because of subsequent
events, new information, or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under
federal securities laws.</P>

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

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