<SEC-DOCUMENT>0000950142-22-001780.txt : 20220531
<SEC-HEADER>0000950142-22-001780.hdr.sgml : 20220531
<ACCEPTANCE-DATETIME>20220531160402
ACCESSION NUMBER:		0000950142-22-001780
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:		20220531
DATE AS OF CHANGE:		20220531

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MOVADO GROUP INC
		CENTRAL INDEX KEY:			0000072573
		STANDARD INDUSTRIAL CLASSIFICATION:	WATCHES, CLOCKS, CLOCKWORK OPERATED DEVICES/PARTS [3873]
		IRS NUMBER:				132595932
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16497
		FILM NUMBER:		22983159

	BUSINESS ADDRESS:	
		STREET 1:		650 FROM ROAD
		STREET 2:		SUITE 375
		CITY:			PARAMUS
		STATE:			NJ
		ZIP:			07652
		BUSINESS PHONE:		201-267-8000

	MAIL ADDRESS:	
		STREET 1:		650 FROM ROAD
		STREET 2:		SUITE 375
		CITY:			PARAMUS
		STATE:			NJ
		ZIP:			07652

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NORTH AMERICAN WATCH CORP
		DATE OF NAME CHANGE:	19930916
</SEC-HEADER>
<DOCUMENT>
<TYPE>SD
<SEQUENCE>1
<FILENAME>eh220257349_sd.htm
<DESCRIPTION>FORM SD
<TEXT>
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<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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

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

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

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

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

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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>MOVADO GROUP, INC.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Exact name of registrant as specified&nbsp;in its charter)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>New York</B></FONT></TD>
    <TD STYLE="width: 49%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>1-16497</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(State or other jurisdiction</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">of incorporation)</P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Commission</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">File Number)</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>650 From Road, Suite 375, Paramus, NJ</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>07652-3556</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Address of principal executive offices)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Zip Code)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Mitchell C. Sussis&nbsp; (201) 267-8000</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: center"><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: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Check the appropriate box to indicate the rule pursuant to which this
form is being filed:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#9746; Rule 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: 0; text-align: justify"> &#9744;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2021.</FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Items 1.01 and 1.02 Conflict Minerals Disclosure and Report, Exhibit</B></P>

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 2.01. Resource Extraction Issuer Disclosure and Report</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Not applicable.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Section 3 &ndash; Exhibits
</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 3.01 Exhibits</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The following exhibit is filed as part of this report:</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Exhibit 1.01 &mdash; <FONT STYLE="color: Black"><A HREF="eh220257349_ex0101.htm">Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form</A>.</FONT></P>

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

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

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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

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

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

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  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt"><B>MOVADO GROUP, INC.</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 30%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: white 1pt solid"><FONT STYLE="font-size: 10pt">Date: May 31, 2022</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Mitchell C. Sussis</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt">Mitchell C. Sussis</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Senior Vice President and General Counsel</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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

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<DOCUMENT>
<TYPE>EX-1.01
<SEQUENCE>2
<FILENAME>eh220257349_ex0101.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: 0; text-align: right"><B>EXHIBIT 1.01</B></P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>For The Calendar Year Ended December 31, 2021</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">This Conflict Minerals Report (&ldquo;Report&rdquo;)
is submitted by Movado Group, Inc. (together with all of its subsidiaries hereinafter referred to as the &ldquo;Company&rdquo; or &ldquo;we&rdquo;)
for the calendar year ended December 31, 2021 pursuant to Rule 13p-1 under the Securities Exchange Act of 1934 (the &ldquo;Rule&rdquo;).
The Rule was adopted by the Securities and Exchange Commission (&ldquo;SEC&rdquo;) to implement reporting and disclosure requirements
related to what are referred to as &ldquo;conflict minerals&rdquo; under the Dodd-Frank Wall Street Reform and Consumer Protection Act
of 2010. The Rule imposes certain reporting obligations on SEC registrants who manufacture or contract to manufacture products containing
conflict minerals which are necessary to the functionality or production of their products. Specifically, the Rule requires such companies
to report on their use and sourcing of tantalum, tin, tungsten and gold (collectively &ldquo;3TG&rdquo;).&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">Under the Rule, the Company must submit a Form SD
and undertake an inquiry (a &ldquo;reasonable country of origin inquiry&rdquo; or &ldquo;RCOI&rdquo;) to determine whether there is any
reason to believe that the 3TG used in its products may have originated from sources within the Democratic Republic of the Congo, the
Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia and Angola (the &ldquo;Covered
Countries&rdquo;) or whether such minerals came from recycled and scrap sources. If, following the RCOI, there is any reason to believe
that any of the 3TG in its production and supply chains may have originated in the Covered Countries, or if the Company is unable to determine
the country of origin of the 3TG, then it must exercise due diligence on the 3TG&rsquo;s source and chain of custody. This Report, which
is posted on the Company&rsquo;s website at <U>www.movadogroup.com</U>, describes those due diligence measures. This Report has not been
subject to an independent private sector audit.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in"><U>The Company and its Products</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">The Company designs, develops, sources and sells watches
globally under a number of prominent, owned and licensed brands. It also designs, develops, sources and sells jewelry and other accessories
under certain of its brands. We conducted an analysis of all our products and determined that most contain tin and many contain gold.
To a limited extent, some contain tungsten and tantalum. Tin is present in soldering paste, which is used principally in watch movements,
and is also used in various component parts containing bronze, galvanic blue plating, black PVD plating and ionic plated silver. Certain
of our watches contain parts made of gold and many use gold plated component parts, including primarily cases and bracelets. Some of our
watches use tungsten, which is present in tungsten carbide, principally in hard metal cases and bracelets and in some black PVD plating.
Some of our watch movement capacitors (devices used to store electric charges) contain tantalum.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in"><U>Supply chain</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">The Company uses independent manufacturers and assemblers
to produce all of its finished products while maintaining quality control through its supply chain organizations in Switzerland, Mainland
China and Hong Kong. A majority of the Swiss watch movements used in the manufacture of the Company&rsquo;s proprietary watch brands are
purchased from two movement suppliers. The Company obtains other watch components for all of its brands, including movements for its licensed
watch brands, as well as cases, hands, crystals, dials, bracelets and straps, and finished jewelry and other accessories from various
other suppliers. The Company purchases some of the gold used in certain component parts in its watches directly from UBS in Switzerland,
which it makes available to some of its suppliers and, otherwise, its suppliers obtain gold used in parts and for plating from their own
suppliers.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">The Company&rsquo;s standard form of agreement for
use with its component parts and finished goods suppliers obligates the suppliers to provide the Company with all information requested
related to the source of any 3TG used in the production of the products they supply and to use their best efforts to obtain such information
from all of their subcontractors and sub-suppliers. However, because of the Company&rsquo;s position as a downstream purchaser of finished
products and component parts, we are several tiers removed from the smelters and the refineries where the 3TG is processed. Consequently,
we have little, if any, visibility beyond our direct suppliers to entities in the upstream supply chain.&nbsp; Therefore, in addition
to contractually obligating our direct suppliers to furnish and to use their best efforts to obtain all requested information pertaining
to 3TG use, we have communicated to all of our direct suppliers what our reporting obligations are in this area and the need for full
and accurate information, with the goal of ultimately achieving complete transparency throughout our entire supply chain. We also communicate
to our suppliers a Vendor Code of Conduct, including a supplementary Supply Chain Policy based on the Organisation for Economic Co-operation
and Development (&ldquo;OECD&rdquo;) Model Supply Chain Policy for a Responsible Global Supply Chain and a supplementary Supply Chain
Policy Regarding Gold. The Vendor Code of Conduct, together with the supplementary supply chain and gold policies, is available on our
website at <U>www.movadogroup.com</U> under &ldquo;Corporate Responsibility&rdquo;.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>2. &nbsp;&nbsp;Reasonable Country of Origin Inquiry</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">In conducting our RCOI, we contacted direct suppliers
(56 in total) from whom we obtained assembled watches, jewelry, other accessories and any component parts in calendar year 2021 and whose
parts or processes we determined reasonably could be expected to result in 3TG being contained in our finished products. We sent each
of them the conflict mineral reporting template (CMRT) created by the Conflict-Free Sourcing Initiative (now known as the Responsible
Minerals Initiative or RMI) and received completed CMRTs from all but three of them. Of the remaining three suppliers, two submitted documentation
in another form, and one did not submit a response at all. We then assessed the reasonableness and reliability of the responses, including
analyzing such responses for completeness and internal consistency. Where necessary, we sent follow-up requests for additional information
and clarification to suppliers whose responses were incomplete or internally inconsistent. We also requested from all suppliers the identity
of every smelter and gold refinery used to process the 3TG in the products supplied by them, or confirmation that all such 3TG were from
scrap or recycled material, and whenever necessary requested that they contact their upstream suppliers for this information. From this
process, we were able to discover refineries and smelters (listed in the table under section 3.2 below) used by 31 (79%) of the 39 suppliers
who indicated that we purchase from them any product containing 3TG. However, some of those 31 suppliers were not able to identify all
of the smelters and refineries from which 3TG was sourced for use in our products. 165 of the 375 (44%) refineries and smelters that were
identified by those 31 suppliers either are RMI-conformant, which indicates compliance with a Responsible Minerals Assurance Process (&ldquo;RMAP&rdquo;)
audit by RMI or participation in one of RMI&rsquo;s cross-recognized certification programs such as the Responsible Jewelry Program Chain-of-Custody
Certification, or are RMI-active, which indicates that they have committed to undergo an RMAP assessment, have completed the relevant
documents, and have scheduled the on-site assessment. The 31 suppliers who identified refineries and smelters also identified the location
by country (listed in the table under section 3.2 below) of those smelters and refineries. Beyond this, however, none of our suppliers
who responded were able to definitively identify the country of origin of its 3TG. Additionally, as noted above, one supplier did not
respond to our inquiries. Accordingly, the information we have gathered is insufficient to support a determination that there is no reason
to believe that any 3TG contained in our products may have originated in any of the Covered Countries. For that reason, we are required
under the Rule to submit this Report as an Exhibit to our Form SD.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>3. &nbsp;&nbsp;Due Diligence Process</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">Our due diligence measures have been designed to conform,
in all material respects, with the framework in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected
and High-Risk Areas (&ldquo;OECD Guidance&rdquo;) and the related Supplements for gold and for tin, tantalum and tungsten.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>3.1 &nbsp;&nbsp;Management Systems</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">As discussed above, the Company has adopted a Supply
Chain policy and a separate Supply Chain policy regarding gold as supplements to its Vendor Code of Conduct.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">With the support of the Company&rsquo;s senior management,
we have established a cross-functional team charged with developing and implementing the Company&rsquo;s conflict minerals program and
overseeing compliance with its supply chain policies. That team comprises executive-level representatives and subject matter experts in
the United States, Switzerland and Asia from various departments, including Global Value Chain, Purchasing and Production, Operations,
Quality Assurance, Internal Audit, Legal and Finance. Senior management is briefed about the results of our due diligence efforts on a
periodic basis.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">The Company does not have a direct relationship with
any 3TG smelters or refiners. Therefore, the focus of our efforts has been to engage our direct suppliers in a process designed to bring
transparency to our supply chain by obtaining information from them and having them and their suppliers obtain information from their
respective upstream suppliers as to the facilities used to process the 3TG contained in our products. It is an ongoing process as we continue
to both inform and educate our suppliers about our policies and aggregate and analyze the information we obtain. All such information
is retained in electronic format on a password protected shared access drive on the Company&rsquo;s computer network. Our ultimate goal
is for all of our suppliers to be able to furnish us with complete, accurate and reliable information as to all of the upstream actors
in our supply chain and we encourage them to participate in and to deal exclusively with other suppliers who participate in industry-wide
audit and certification programs such as the RMAP. Our controls in this endeavor include our Vendor Code of Conduct and our related supply
chain policies as well as contract provisions.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">In addition to the foregoing, our Swiss- and Asia-based
supply chain personnel have identified responsible individuals at all of our key suppliers and continue to dialogue with them concerning
our informational needs and suggest ways for them to comply with our policies.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">Due to the Company&rsquo;s downstream position in
the supply chain, we have limited information or visibility as to the smelters and refineries processing our 3TG or the mines where those
minerals originate and, therefore, are not likely to have knowledge of conflict financing. However, the Company does have established
grievance procedures whereby employees and suppliers can report suspected violations of our policies.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>3.2 &nbsp;&nbsp;Identification and assessment of risk in the supply
chain&nbsp;</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company identifies and assesses risk in our supply
chain by identifying the 3TG present in our products; identifying the suppliers of those products; and obtaining and assessing all relevant
information that is reasonably available from those suppliers and indirectly from their upstream suppliers as to the origin of such 3TG
and the identity of the smelters and refineries processing them. This process includes, where we have obtained the identity of a particular
smelter or refinery, checking the name of such smelter or refinery against the RMI&rsquo;s lists of smelters and refineries that have
been certified as processing only conflict-free minerals.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">As noted above, we were able to identify refineries
and smelters used by 31 of the 39 suppliers who reported that we purchased from them any product containing 3TG. These refineries and
smelters are listed below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: 0.55in">&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; background-color: white">
    <TD STYLE="border-bottom: Black 1pt solid; width: 88%"><B><U>Refinery or Smelter Name</U></B></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 12%"><P STYLE="margin-top: 0; margin-bottom: 0"><B><U>3TG</U></B></P>
                                                           <P STYLE="margin-top: 0; margin-bottom: 0"><B><U>Material</U></B></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>8853 S.p.A.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>A.L.M.T. Corp.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Abington Reldan Metals, LLC**</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>ACL Metais Eireli*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Advanced Chemical Company*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Aida Chemical Industries Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Al Etihad Gold Refinery DMCC*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Albasteel Industria e Comercio de Ligas Para Fundicao Ltd.**</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Allgemeine Gold-und Silberscheideanstalt A.G.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Almalyk Mining and Metallurgical Complex (AMMC)*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Alpha*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>An Thai Minerals Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>An Vinh Joint Stock Mineral Processing Company</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>AngloGold Ashanti Corrego do Sitio Mineracao*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Arco Alloys</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Argor-Heraeus S.A.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>ARY Aurum Plus</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Asahi Pretec Corp.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Asahi Refining Canada Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Asahi Refining USA Inc.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Asaka Riken Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Asia Tungsten Products Vietnam Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Atasay Kuyumculuk Sanayi Ve Ticaret A.S.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>AU Traders and Refiners</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Aurubis AG*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Bangalore Refinery Pvt Ltd*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Bangko Sentral ng Pilipinas (Central Bank of the Philippines)</B>*</TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Boliden AB*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>C. Hafner GmbH + Co. KG*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Caridad</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>CCR Refinery - Glencore Canada Corporation*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Cendres + Mtaux SA*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>CGR Metalloys Pvt Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Chimet S.p.A.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Chofu Works</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Chongyi Zhangyuan Tungsten Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold, Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Chugai Mining*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>CNMC (Guangxi) PGMA Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten, Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Cooperativa Metalurgica de Rond&ocirc;nia Ltda.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
</TABLE>

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

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

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<P STYLE="margin: 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; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Refinery
    or Smelter Name</U></B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>3TG</U></B></FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Material</U></B></FONT><B><U></U></B></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid; width: 88%"><B>CP Metals Inc.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid; width: 12%">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>CV Ayi Jaya</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>CV Dua Sekawan</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>CV Gita Pesona</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>CV Serumpun Sebalai</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>CV United Smelting</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>CV Venus Inti Perkasa**</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>DAIDO STEEL</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Daye Non-Ferrous Metals Mining Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Degussa Sonne / Mond Goldhandel GmbH</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Dijilah Gold Refinery FZC</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>DODUCO Contacts and Refining GmbH*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Dongguan CiEXPO Environmental Engineering Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Dongguan City Xida Soldering Tin Products Co.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Dowa*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold, Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>DS Pretech Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>DSC (Do Sung Corporation)*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Eco-System Recycling Co., Ltd. East Plant*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Eco-System Recycling Co., Ltd. North Plant*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Eco-System Recycling Co., Ltd. West Plant*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Electro-Mechanical Facility of the Cao Bang Minerals &amp; Metallurgy Joint Stock Company</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Elemetal Refining LLC</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>EM Vinto*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Emirates Gold DMCC*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Estanho de Rondonia S.A.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Fenix Metals*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Fujairah Gold FZC</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Fuji Metal Mining Corp.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Fujian Jinxin Tungsten Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Ganzhou Beseem Ferrotungsten Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Ganzhou Jiangwu Ferrotungsten Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Ganzhou Yatai Tungsten Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>GCC Gujrat Gold Centre Pvt. Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Geib Refining Corporation*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Gejiu City Fuxiang Industry and Trade Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Gejiu Fengming Metallurgy Chemical Plant</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Gejiu Jinye Mineral Company</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Gejiu Kai Meng Industry and Trade LLC</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Gejiu Non-Ferrous Metal Processing Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Gejiu Yunxi Group Corp.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Gejiu Zili Mining And Metallurgy Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Gold Refinery of Zijin Mining Group Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Great Wall Precious Metals Col, Ltd. of CBPM</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Guangdong Hanhe Non-Ferrous Metal Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Guangdong Hua Jian Trade Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Guangdong Jinding Gold Limited</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Guangdong Xianglu Tungsten Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>GUANGXI HUA TIN GOLD MINUTE FEE, LTD.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Guangxi Nonferrous Metals Group</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Guangxi Zhongshan Jin Yi Smelting Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Guoda Safina High-Tech Environmental Refinery</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hang Seng Technology</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hangzhou Fuchunjiang Smelting Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
</TABLE>

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

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

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="margin: 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; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Refinery
    or Smelter Name</U></B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>3TG</U></B></FONT>&nbsp;</P>
                                                                             <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Material</U></B></FONT>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid; width: 88%"><B>Heimerle + Meule GmbH*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid; width: 12%">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Henan Yuguang Gold &amp; Lead Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Heraeus Germany GmbH Co. KG*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Heraeus Metals Hong Kong Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hetai Gold Mineral Guangdong Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hezhou Jinwei Tin Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hongqiao Metals (Kunshan) Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hop Hing electroplating factory Zhejiang</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>HuiChang Hill Tin Industry Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Huichang Jinshunda Tin Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hulterworth Smelter</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hunan Chenzhou Mining Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hunan Chenzhou Mining Group Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hunan Chunchang Nonferrous Metals Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hunan Guiyang Yinxing Nonferrous Smelting Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hunan Litian Tungsten Industry Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hung Cheong Metal Manufacturing Limited</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>HwaSeong CJ CO., LTD.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Hydrometallurg, JSC*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>International Precious Metal Refiners</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Ishifuku Metal Industry Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Istanbul Gold Refinery*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Italpreziosi*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Japan Mint*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiang Jia Wang Technology Co.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Copper Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Dayu Longxintai Tungsten Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Gan Bei Tungsten Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Ketai Advanced Material Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Nanshan</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Tonggu Non-ferrous Metallurgical &amp; Chemical Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Xinsheng Tungsten Industry Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Yaosheng Tungsten Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jiangxi Yaosheng Tungsten Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jin Jinyin Refining Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Jinlong Copper Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>JSC Ekaterinburg Non-Ferrous Metal Processing Plant</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>JSC Uralelectromed</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Ju Tai Industrial Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>JX Nippon Mining &amp; Metals Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Kaloti Precious Metals</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Kazakhmys Smelting LLC</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Kazzinc*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Kennametal Fallon*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Kennametal Huntsville*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Kennecott Utah Copper LLC*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>KGETS Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>KGHM Polska Miedz Spolka Akcyjna*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Kojima Chemicals Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Korea Zinc Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Kosak Seiren</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
</TABLE>

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

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

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="margin: 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; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Refinery
    or Smelter Name</U></B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><B><U>3TG</U></B></P>
                                                                             <P STYLE="margin-top: 0; margin-bottom: 0"><B><U>Material</U></B></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid; width: 88%"><B>Kyrgyzaltyn JSC</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid; width: 12%">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Kyshtym Copper-Electrolytic Plant ZAO</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>L'azurde Company For Jewelry</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>LIAN JING</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Lianyou Metals Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Lingbao Gold Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Lingbao Jinyuan Tonghui Refinery Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>L'Orfebre S.A.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>LS-NIKKO Copper Inc.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>LT Metal Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Luna Smelter, Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>M/s ECO Tropical Resources</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Ma An Shan Shu Guang Smelter Corp.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Ma'anshan Weitai Tin Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Magnu's Minerais Metais e Ligas Ltda.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Malaysia Smelting Corporation (MSC)*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Malipo Haiyu Tungsten Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Marsam Metals*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Materials Eco-Refining Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Materion*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Matsuda Sangyo Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Mehra Ferro-Alloys Pvt. Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Melt Metais e Ligas S.A.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metahub Industries Sdn. Bhd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metallic Resources, Inc.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metallo Belgium N.V.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metallo Chimique</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metallo Spain S.L.U.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metalor Switzerland*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metalor Technologies (Hong Kong) Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metalor Technologies (Singapore) Pte., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metalor Technologies (Suzhou) Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metalor USA Refining Corporation*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Metalurgica Met-Mex Peoples, S.A. de C.V*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Minchali Metal Industry Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Mineracao Taboca S.A.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Ming Li Jia smelt Metal Factory</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Minsur*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Mitsubishi Materials Corporation*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold, Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Mitsui Kinzoku Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>MMTC-PAMP India Pvt., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Modeltech Sdn Bhd</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold, Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Moliren Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Morris and Watson</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Morris and Watson Gold Coast</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Moscow Special Alloys Processing Plant</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Nadir Metal Rafineri San. Ve Tic. A.&Scedil;.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Navoi Mining and Metallurgical Combinat*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Nghe Tinh Non-Ferrous Metals Joint Stock Company</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>NH Recytech Company*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Niagara Refining LLC*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Nihon Material Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Nihon Material Corporation</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Nihon Superior Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Nyrstar Metals</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
</TABLE>

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

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

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2px solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 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; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Refinery
    or Smelter Name</U></B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>3TG</U></B></FONT></P>
                                                                             <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Material</U></B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid; width: 88%"><B>O.M. Manufacturing (Thailand) Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid; width: 12%">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Ohura Precious Metal Industry Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>OJSC &quot;The Gulidov Krasnoyarsk Non-Ferrous Metals Plant&quot; (OJSC Krastsvetmet)</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>OJSC Novosibirsk Refinery</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Old City Metals Processing Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PAMP S.A.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Pan Light Corporation</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Pease &amp; Curren</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Penglai Penggang Gold Industry Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Philippine Chuangxin Industrial Co., Inc.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Planta Recuperadora de Metales SpA*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Pongpipat Company Limited</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Precious Metals Sales Corp.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Prioksky Plant of Non-Ferrous Metals</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Aneka Tambang (Persero) Tbk*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Aries Kencana Sejahtera**</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Artha Cipta Langgeng*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT ATD Makmur Mandiri Jaya*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Babel Surya Alam Lestari*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Bangka Prima Tin</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Bangka Serumpun*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Bangka Tin Industry</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Belitung Industri Sejahtera</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Bukit Timah*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Cipta Persada Mulia*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT DS Jaya Abadi</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Eunindo Usaha Mandiri</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Inti Stania Prima</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Justindo</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Karimun Mining</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Kijang Jaya Mandiri</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Lautan Harmonis Sejahtera</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Mitra Stania Prima*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT NATARI</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Panca Mega Persada</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Prima Timah Utama*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Rajawali Rimba Perkasa*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Rajehan Ariq*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Refined Bangka Tin*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Sariwiguna Binasentosa*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Stanindo Inti Perkasa*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Sukses Inti Makmur**</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Sumber Jaya Indah</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Timah Tbk Kundur*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Timah Tbk Mentok*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Tinindo Inter Nusa*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Tirus Putra Mandiri</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Tommy Utama</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PT Wahana Perkit Jaya</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>PX Precinox S.A.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>QG Refining, LLC</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Rand Refinery (Pty) Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Realized the Enterprise Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
</TABLE>

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

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

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<P STYLE="margin: 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; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Refinery
    or Smelter Name</U></B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>3TG</U></B></FONT></P>
                                                                             <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Material</U></B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid; width: 88%"><B>Refinery of Seemine Gold Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid; width: 12%">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Remondis Argentia B.V.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Republic Metals Corporation</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Resind Industria e Comercio Ltda.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Royal Canadian Mint*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Rui Da Hung*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>SAAMP*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Safimet S.p.A*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Safina A.S.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Sai Refinery</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Samduck Precious Metals*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Samwon Metals Corp.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>SAXONIA Edelmetalle GmbH</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Schone Edelmetaal B.V.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>SEMPSA Joyeria Plateria S.A.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shan Dong Huangjin</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shan Tou Shi Yong Yuan Jin Shu Zai Sheng Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold, Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shandon Jin Jinyin Refining Limited</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shandong Hengbang Smelter Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shandong Humon Smelting Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shandong Tiancheng Biological Gold Industrial Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shandong Yanggu Xiangguang Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shandong Zhaojin Gold &amp; Silver Refinery Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shenzhen Heng Zhong Industry Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shenzhen Hong Chang Metal Manufacturing Factory</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Shenzhen Zhonghenglong Real Industry Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Sichuan Tianze Precious Metals Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Sigma Tin Alloy Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Singway Technology Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Sino-Platinum Metals Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>So Accurate Group, Inc.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>SOE Shyolkovsky Factory of Secondary Precious Metals</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Soft Metais Ltda.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Solar Applied Materials Technology Corp.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Solar Chemical Applied Materials Technology (KUN SHAN)</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Solder Court Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>South-East Nonferrous Metal Company Limited of Hengyang City</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Sovereign Metals</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Spectro Alloys Corp.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>State Research Institute Center for Physical Sciences and Technology</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Sudan Gold Refinery</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Sumitomo Kinzoku Kozan K.K.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>SungEel HiMetal Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Suntain Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Super Dragon Technology Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Super Ligas**</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Suzhou Nuonengda Chemical Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>SuZhou ShenChuang recycling Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>T.C.A S.p.A*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Taicang City Nancang Metal Material Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Taiwan high-tech Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>TAIWAN TOTAI CO., LTD.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Taiwan's lofty Enterprises Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Tanaka Kikinzoku International*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>TAP</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
</TABLE>

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

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

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="margin: 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; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Refinery
    or Smelter Name</U></B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>3TG</U></B></FONT></P>
                                                                             <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Material</U></B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid; width: 88%"><B>Tejing (Vietnam) Tungsten Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid; width: 12%">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>The Refinery of Shandong Gold Mining Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Three green surface technology limited company</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Tianshui Ling Bo Technology Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>TIN PLATING GEJIU</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Tokuriki Honten Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>TONG LONG</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Tongling Nonferrous Metals Group Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Tony Goetz NV</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>TOO Tau-Ken-Altyn*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Top-Team Technology (Shenzhen) Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Torecom*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Tsai Brother industries</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Tungsten Diversified Industries LLC</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Tuyen Quang Non-Ferrous Metals Joint Stock Company</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Umicore Brasil Ltda.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Umicore Precious Metals Thailand*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Umicore S.A. Business Unit Precious Metals Refining*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Unecha Refractory metals plant*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>United Precious Metal Refining, Inc.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Universal Precious Metals Refining Zambia</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Valcambi S.A.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Viagra Di precious metals (Zhaoyuan) Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Vietnam Youngsun Tungsten Industry Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>VQB Mineral and Trading Group JSC</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Wang Ting</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Welley</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Western Australian Mint (T/a The Perth Mint)*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>WIELAND Edelmetalle GmbH*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Wolfram Bergbau und Hutten AG*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Woltech Korea Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Wujiang City Luxe Tin Factory</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Wuzhong Group</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Xiamen Honglu Tungsten Molybdenum Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Xiamen Tungsten (H.C.) Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Xiamen Tungsten Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Xianghualing Tin Industry Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Xin Furukawa Metal ( Wuxi ) Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Xinfeng Huarui Tungsten &amp; Molybdenum New Material Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Xinhai Rendan Shaoguan Tungsten Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tungsten</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>XURI</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yamakin Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yamato Denki Ind. Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yifeng Tin</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yiquan Manufacturing</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yokohama Metal Co., Ltd.*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yuecheng Tin Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yunnan Chengo Electric Smelting Plant</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yunnan Copper Industry Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yunnan Copper Zinc Industry Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yunnan Geiju Smelting Corp.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yunnan Gold Mining Group Co., Ltd. (YGMG)</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yunnan Industrial Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yunnan Malipo Baiyi Kuangye Co.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Yunnan Yunfan Non-ferrous Metals Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Tin</TD></TR>
</TABLE>

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

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

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 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; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Refinery
    or Smelter Name</U></B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>3TG</U></B></FONT></P>
                                                                             <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Material</U></B></FONT><B><U></U></B></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid; width: 88%"><B>Zhaojun Maifu</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid; width: 12%">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Zhe Jiang Guang Yuan Noble Metal Smelting Factory</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Zhongkuang Gold Industry Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Zhongshan Hyper-Toxic Substance Monopolized Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Zhongshan Poison Material Proprietary Co., Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Zhongyuan Gold Smelter of Zhongjin Gold Corporation*</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(198,244,249)">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Zhuhai toxic materials Monopoly Ltd.</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid"><B>Zhuzhou Smelting Group Co., Ltd</B></TD>
    <TD STYLE="border-left: Black 1pt solid; border-bottom: Black 1pt solid">Gold</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 45pt; color: red">&nbsp;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: 0.55in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: 0.55in">The refineries and smelters identified
in the above table are located in the following countries:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: 0.55in">&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: 10%">&nbsp;</TD>
    <TD STYLE="width: 45%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Australia</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Belgium</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Brazil</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Canada</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Germany</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">India</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Indonesia</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Italy</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Japan</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Kazakhstan</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Kingdom of Saudi Arabia</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Kyrgyzstan</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Lithuania</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Malaysia</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Mexico</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Myanmar</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Netherlands</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">New Zealand</P></TD>
    <TD STYLE="width: 45%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.75pt">Peoples Republic of China</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Philippines</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Republic of Korea</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Russian Federation</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Singapore</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">South Africa</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Sudan</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Switzerland</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Taiwan, Province of China</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Thailand</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Turkey</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Uganda</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">United Arab Emirates</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">United States of America</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Uzbekistan</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Vietnam</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Zambia</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: -0.7pt">Zimbabwe</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: 0.5in">In view of the Russian Federation&rsquo;s
invasion of Ukraine, on March 31, 2022 we informed our suppliers that we have suspended purchasing products containing precious metal
of Russian origin.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>3.3 &nbsp;&nbsp;Design and Implementation of a Strategy to Respond to
Risks</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">Of our 39 suppliers who indicated that we obtain from
them products containing any 3TG, 36 sell us products containing gold, either exclusively or together with other component parts containing
other 3TG. In response to the CMRT and follow-up inquiries, we determined that 37 of those 39 suppliers sourced some or all of their 3TG
from RMI-conformant or RMI-approved refineries.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">We will continue to work closely with our suppliers
to mitigate the risk that any minerals contained in our products may have directly or indirectly supported conflict by encouraging and,
when deemed practicable, requiring them to source only from sub-suppliers who are able to and do certify that their 3TG are supplied by
identified smelters and refineries that participate in an independent validation scheme or appropriate institutional mechanism.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0"><B>3.4&nbsp;&nbsp; Independent Third Party Audit of Supply Chain
Due Diligence at Identified Points in the Supply Chain</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">We do not have a direct relationship with 3TG smelters
or refiners and do not perform or direct audits of these entities within our supply chain. We do support such audits, however, by encouraging
our direct suppliers to source only from upstream suppliers who can certify that the 3TG they provide were processed by smelters and refineries
which participate in an independent validation scheme or appropriate institutional mechanism.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>3.5 &nbsp;&nbsp;Report on supply chain due diligence</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0; text-indent: 0.55in">As required by the Rule, the Company will
file a public report annually on Form SD and, if required, a conflict minerals report.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 41.8pt 0 0"><B>4. &nbsp;&nbsp;Efforts to determine mine or location of origin</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">Considering the Company&rsquo;s position as a downstream
purchaser of fully assembled products and components, we have determined that requesting our suppliers to complete the CMRT and provide
information about 3TG smelters and refiners in our supply chain represents the most reasonable effort we can make to determine the mines
or locations of origin of the 3TG in our supply chain. Nevertheless, due to lack of complete information, the Company is unable to determine
and to describe all facilities used to process the 3TG used in the products that we contract to have manufactured or the mine or country
of origin of such 3TG. Nor have we been able to determine whether such 3TG come from recycled or scrap sources.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>5. &nbsp;&nbsp;Steps to be taken to mitigate risk</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in">We intend to take the following steps to improve the
due diligence conducted to further mitigate the risk that any of the 3TG used in our products could benefit armed groups in the Covered
Countries:</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 39.6pt"></TD><TD STYLE="width: 23.4pt">(i)</TD><TD>Continue to engage with our suppliers and direct them to training resources to improve the content of the supplier survey responses.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 63pt; text-indent: -23.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 39.6pt"></TD><TD STYLE="width: 23.4pt">(ii)</TD><TD>Further engage our suppliers found to be sourcing from smelters or refineries that are not certified as conflict-free to use, as an
alternative, certified conflict-free processing sources.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 63pt; text-indent: -23.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 39.6pt"></TD><TD STYLE="width: 23.4pt">(iii)</TD><TD>Work with relevant trade associations to define and improve best practices and build leverage over the supply chain in accordance
with the OECD Guidance.</TD></TR></TABLE>

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

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

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

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