<SEC-DOCUMENT>0000897101-15-000764.txt : 20150601
<SEC-HEADER>0000897101-15-000764.hdr.sgml : 20150601
<ACCEPTANCE-DATETIME>20150601160516
ACCESSION NUMBER:		0000897101-15-000764
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		2
<RULE>
<RULE-NAME>13p-1
<ITEM>
<ITEM-NUMBER>1.01
<ITEM-PERIOD>20141231
</ITEM>
</RULE>
FILED AS OF DATE:		20150601
DATE AS OF CHANGE:		20150601

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Electromed, Inc.
		CENTRAL INDEX KEY:			0001488917
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		IRS NUMBER:				411732920
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34839
		FILM NUMBER:		15903398

	BUSINESS ADDRESS:	
		STREET 1:		500 SIXTH AVENUE NW
		CITY:			NEW PRAGUE
		STATE:			MN
		ZIP:			56071
		BUSINESS PHONE:		952-758-9299

	MAIL ADDRESS:	
		STREET 1:		500 SIXTH AVENUE NW
		CITY:			NEW PRAGUE
		STATE:			MN
		ZIP:			56071
</SEC-HEADER>
<DOCUMENT>
<TYPE>SD
<SEQUENCE>1
<FILENAME>electromed151967_sd.htm
<DESCRIPTION>FORM SD
<TEXT>
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<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-size: 14pt"><B>FORM SD</B></FONT><BR>
<FONT STYLE="font-size: 11pt"><B>Specialized Disclosure Report</B></FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 50%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border-bottom: Black 1pt solid; font: 16pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 16pt"><B>Electromed, Inc.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt">(Exact Name of Registrant as Specified in its Charter)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 5pt Times New Roman,serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 45%; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Minnesota</B></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="width: 43%; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>41-1732920</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt">(State or other jurisdiction of</FONT><BR>
<FONT STYLE="font-size: 8pt">incorporation or organization)</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt">(I.R.S. Employer</FONT><BR>
<FONT STYLE="font-size: 8pt">Identification No.)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center"><B>500 Sixth Avenue NW</B></P>
        <P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center"><B>New Prague, MN</B></P></TD>
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>56071</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt">(Address of principal executive offices)</FONT></TD>
    <TD STYLE="font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt">(Zip Code)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 5pt Times New Roman,serif; margin: 0 0 0 81pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 50%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>(952) 758-9299</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt">(Name and telephone number, including area code </FONT><BR>
<FONT STYLE="font-size: 8pt">of the person to contact in connection with this report.)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 24pt 0 12pt">Check the appropriate box to indicate the rule pursuant to which
this form is being filed, and provide the period to which the information in this form applies:</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&thorn;</FONT></TD><TD>Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2014.</TD></TR></TABLE>


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<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-align: center"><B>INFORMATION TO BE INCLUDED IN THE REPORT</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt"><B>Section 1 &ndash; Conflict Minerals Disclosure</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt"><B>Item 1.01 Conflict Minerals Disclosure and Report</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt">Electromed, Inc. (the &ldquo;Company,&rdquo; &ldquo;we,&rdquo; &ldquo;our&rdquo;)
has filed a Conflict Minerals Report for the reporting period from January 1, 2014 to December 31, 2014 (the &ldquo;2014 Conflict
Minerals Report&rdquo;), which is referenced in Item 1.02 below, filed as an exhibit to this Form SD and also publicly available
on our website at <I>www.electromed.com</I>.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt"><B>Item 1.02 Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt">A copy of the Company&rsquo;s 2014 Conflict Minerals Report is filed
as Exhibit 1.01 attached to this Form SD.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt"><B>Section 2 &ndash; Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt"><B>Item 2.01 Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt">The following exhibit is filed as part of this report:</P>

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    <TD STYLE="width: 8%; border-bottom: Black 1pt solid; font: 8pt Times New Roman,serif; text-align: center"><FONT STYLE="font-size: 8pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="width: 1%; font: 8pt Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="width: 91%; border-bottom: Black 1pt solid; font: 8pt Times New Roman,serif"><FONT STYLE="font-size: 8pt"><B>Description</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center; vertical-align: top"><FONT STYLE="font-size: 10pt">1.01</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-top: 2pt; padding-bottom: 2pt; text-align: justify"><FONT STYLE="font-size: 10pt">Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form SD.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-align: center; text-indent: 0.2in"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-align: justify">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.</P>

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<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman,serif; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Electromed, Inc.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="width: 58%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman,serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">By</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">/s/ Jeremy T. Brock</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">June 1, 2015</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman,serif; margin: 0">Jeremy T. Brock</P>
        <P STYLE="font: 10pt Times New Roman,serif; margin: 0"><I>Chief Financial Officer</I></P></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt">(Date)</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt"><B>&nbsp;</B></P>


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

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

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    Number</B></FONT></TD>
    <TD NOWRAP STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman,serif; text-align: center; vertical-align: bottom"><B>&nbsp;</B></TD>
    <TD NOWRAP STYLE="width: 63%; border-bottom: Black 1pt solid; font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; vertical-align: bottom"><FONT STYLE="font-size: 8pt"><B>Document
    Description</B></FONT></TD>
    <TD NOWRAP STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman,serif; text-align: center; vertical-align: bottom"><B>&nbsp;</B></TD>
    <TD NOWRAP STYLE="width: 20%; border-bottom: Black 1pt solid; font: 8pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; vertical-align: bottom"><FONT STYLE="font-size: 8pt"><B>Form
    of Filing</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Times New Roman,serif; text-align: center"><FONT STYLE="font-size: 10pt">1.01</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Times New Roman,serif"><FONT STYLE="font-size: 10pt">Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form SD.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="text-align: center; font-family: Times New Roman,serif; vertical-align: top"><FONT STYLE="font-size: 10pt">Filed Electronically</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0">&nbsp;</P>

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



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

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

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

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

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

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

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<DOCUMENT>
<TYPE>EX-1.01
<SEQUENCE>2
<FILENAME>electromed151967_ex1-01.htm
<DESCRIPTION>CONFLICT MINERALS REPORT
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<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: right"><B>Exhibit 1.01</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-align: center"><B>Conflict Minerals Report</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Trebuchet MS,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman,serif"><B>I.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman,serif"><B>Introduction</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">This Conflict Minerals Report (the &ldquo;Report&rdquo;)
of Electromed, Inc. (&ldquo;Company,&rdquo; &ldquo;we,&rdquo; &ldquo;us&rdquo; or &ldquo;our&rdquo;) has been prepared pursuant
to Rule 13p-1 and Form SD (the &ldquo;Rule&rdquo;) promulgated under the Securities Exchange Act of 1934, as amended, for the reporting
period January&nbsp;1, 2014 to December&nbsp;31, 2014.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">The Rule requires disclosure of certain
information when a company manufactures or contracts to manufacture products and the minerals specified in the Rule are necessary
to the functionality or production of those products. The specified minerals, which we refer to in this report as the &ldquo;conflict
minerals,&rdquo; are gold, columbite-tantalite, cassiterite and wolframite, including their derivatives tantalum, tin and tungsten.
The &ldquo;covered countries&rdquo; for the purposes of the Rule and this Report are the Democratic Republic of the Congo, the
Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia and Angola.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">We design, manufacture, market and sell
innovative products that provide airway clearance therapy, including the SmartVest<SUP>&reg; </SUP>Airway Clearance System (&ldquo;SmartVest
System&rdquo;) and related products. The SmartVest System generates High Frequency Chest Wall Oscillation (&ldquo;HFCWO&rdquo;)
and is composed of a garment and portable generator. As described in this Report, certain components in our generators that we
contract to manufacture contain components that include conflict minerals that are necessary to the functionality or production
of those products. In this Report we refer to such products which were manufactured during calendar year 2014 as the &ldquo;covered
products.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">Covered products contain
components we purchased from third parties that use tantalum, tin, tungsten and gold. We do not source any conflict minerals
directly. Due to the depth of our supply chain, we are far removed from the sources of ore from which these metals are
produced and the smelters/refiners that process those ores. Our efforts undertaken to identify the countries of origin of
those ores reflect our circumstances and position in the supply chain. The amount of information available globally on the
traceability and sourcing of the conflict minerals is extremely limited at this time. We have taken steps to identify the
applicable smelters and refiners of such conflict minerals in our supply chain; however, we believe that the smelters and
refiners of the conflict minerals contained in the covered products are best situated to identify the sources of the conflict
minerals.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Trebuchet MS,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman,serif"><B>II.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman,serif"><B>Reasonable Country of Origin Inquiry</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">We have conducted a good faith reasonable
country of origin inquiry (&ldquo;RCOI&rdquo;) regarding the conflict minerals contained in our products. This inquiry was reasonably
designed to determine whether any of the conflict minerals originated in the covered countries and whether any of the conflict
minerals may have been from recycled or scrap sources.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">We group components and materials included
in our products based on whether they might contain a conflict mineral. In this manner we determined the scope of our covered products.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">We asked direct suppliers who provide
us with materials and components for our products that might contain a conflict mineral to make a reasonable determination if raw
materials, consumables or purchased components they provide to us contain conflict minerals. We asked these suppliers to complete
a supply chain compliance questionnaire based on the Electronic Industry Citizenship Coalition (EICC) - Global e-Sustainability
Initiative (EICC-GeSI) Conflict Minerals Common Reporting Template reflecting our position on the supply chain. The EICC-GeSI Conflict
Minerals Common Reporting Template is regarded as the most common reporting tool for conflict minerals content and sourcing information
worldwide, developed by several of the world&rsquo;s leading consumer electronics brands.</P>


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

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">We received statements or responses from
34 of the 46 direct suppliers who we identified as potential suppliers of materials or components that may contain conflict minerals.
We reviewed the statements and responses we received for completeness and consistency of answers. We reviewed questionnaires received
and reviewed them for completeness and consistency of answers. Suppliers were required to provide corrections and clarifications
where appropriate or necessary.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Trebuchet MS,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman,serif"><B>III.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman,serif"><B>Design and Performance of Due Diligence Measures</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">We have designed and are continuing
to adapt our due diligence measures to reasonably conform with the five-step framework established in the Organization for Economic
Co-Operation and Development Due Diligence Guidance for Responsible Supply Chain of Minerals from Conflict-Affected and High Risk
Areas (the &ldquo;OECD Guidance&rdquo;).</P>

<P STYLE="font: 10pt/normal Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">Our senior management has engaged
with our direct suppliers to incorporate requirements into our purchase order templates and other vendor agreements, on a forward-basis
upon renewal or new engagement, to address the inclusion and sources of conflict minerals in the materials and components we receive.
In addition, we are in the process of developing an internal policy to strengthen our management systems by codifying our actions
to date and establishing company-wide procedures that incorporate the OECD guidance.</P>

<P STYLE="font: 10pt/normal Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">We analyzed the responses received
from our suppliers in connection with the RCOI process to identify risks in our supply chain. Certain responses from our direct
suppliers contained names of smelters who processed conflict minerals contained in our products. We reviewed the names of these
smelters against the conflict-free compliant smelter list of the EICC, as discussed further below.</P>

<P STYLE="font: 10pt/normal Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">The results of our analysis and
further due diligence have been reviewed among members of our senior management team, which intends to periodically undertake additional
fact and risk assessments for any risks that may require mitigation or any future changes in circumstances.</P>

<P STYLE="font: 10pt/normal Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">We have published this Report
on our website at http://www.smartvest.com/electromed/investor-relations and intend to continue that practice to report annually
on our supply chain due diligence.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/normal Trebuchet MS,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman,serif"><B>IV.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman,serif"><B>Product Determination</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">Certain components in our covered
products include one or more of the conflict minerals. Notwithstanding our efforts described above, we have been unable to determine,
after exercising due diligence, whether our covered products are DRC conflict free and, therefore, these products are DRC conflict
undeterminable. We have received information from certain direct suppliers indicating that at least some of the tin and tantalum
in our products originated in the covered countries. For those suppliers that indicated this, the smelters that they have identified
were on were on the applicable Conflict-Free Smelter &amp; Refiners list available at http://www.conflictfreesourcing.org/conflict-free-smelter-refiner-lists/.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in"><B>V.</B></TD><TD STYLE="text-align: justify"><B>Steps to Improve Due Diligence</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify"><FONT STYLE="background-color: white">In
addition to adopting a formal company-wide policy to codify our practices, we intend to continue to communicate our expectations
and information requirements to our direct suppliers. We will also continue to monitor changes in circumstances that may impact
the facts or our determination. Over time, we anticipate that the amount of information globally on the traceability and sourcing
of conflict minerals will likely increase and improve our knowledge. We will continue to make inquiries to our direct suppliers
and undertake additional fact and risk assessments where potentially relevant changes in facts or circumstances are identified.
If we become aware of a supplier whose due diligence needs improvement, we intend to continue the trade relationship while that
supplier improves its performance. We expect our suppliers to take similar measures with their suppliers to ensure alignment throughout
the supply chain.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in"><B>VI.</B></TD><TD STYLE="text-align: justify"><B>Independent Private Sector Audit </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 0.75in; text-align: justify">Not required for calendar year 2014.</P>



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