<SEC-DOCUMENT>0001178913-20-001680.txt : 20200601
<SEC-HEADER>0001178913-20-001680.hdr.sgml : 20200601
<ACCEPTANCE-DATETIME>20200601060443
ACCESSION NUMBER:		0001178913-20-001680
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		2
<RULE>
<RULE-NAME>13p-1
<ITEM>
<ITEM-NUMBER>1.01
<ITEM-PERIOD>20191231
</ITEM>
<ITEM>
<ITEM-NUMBER>1.02
<ITEM-PERIOD>20191231
</ITEM>
</RULE>
FILED AS OF DATE:		20200601
DATE AS OF CHANGE:		20200601

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TOWER SEMICONDUCTOR LTD
		CENTRAL INDEX KEY:			0000928876
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24790
		FILM NUMBER:		20930819

	BUSINESS ADDRESS:	
		STREET 1:		RAMAT GAVRIEL INDUSTRIAL PARK
		STREET 2:		PO BOX 619
		CITY:			MIGDAL HAEMEK
		STATE:			L3
		ZIP:			23105
		BUSINESS PHONE:		97246506611

	MAIL ADDRESS:	
		STREET 1:		RAMAT GAVRIEL INDUSTRIAL PARK
		STREET 2:		PO BOX 619
		CITY:			MIGDAL HAEMEK
		STATE:			L3
		ZIP:			23105
</SEC-HEADER>
<DOCUMENT>
<TYPE>SD
<SEQUENCE>1
<FILENAME>zk2024517.htm
<DESCRIPTION>SD
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Z-K GLOBAL
         Document created using EDGARfilings PROfile 6.5.1.0
         Copyright 1995 - 2020 Broadridge -->
  </head>
<body style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif" bgcolor="#ffffff" text="#000000">
  <div>
    <hr style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" align="center">
    <div style="font-size: 12pt; font-weight: bold; text-align: center; line-height: 1.25;">UNITED STATES</div>
    <div style="font-size: 14pt; font-weight: bold; text-align: center; line-height: 1.25;">SECURITIES&#160;AND EXCHANGE COMMISSION</div>
    <div style="font-weight: bold; text-align: center; line-height: 1.25;">Washington, D.C. 20549</div>
    <div style="LINE-HEIGHT: 1.25"><br style="LINE-HEIGHT: 1.25">
    </div>
    <div style="font-size: 14pt; font-weight: bold; text-align: center; line-height: 1.25;">FORM SD</div>
    <div style="font-weight: bold; text-align: center; line-height: 1.25;">Specialized Disclosure Report</div>
    <div style="LINE-HEIGHT: 1.25"><br style="LINE-HEIGHT: 1.25">
    </div>
    <div style="font-size: 16pt; font-weight: bold; text-align: center; line-height: 1.25;">TOWER SEMICONDUCTOR LTD.</div>
    <div style="font-weight: bold; text-align: center; line-height: 1.25;">
      <hr style="border-top: medium none; height: 2px; border-right: medium none; border-bottom: medium none; color: #000000; margin-left: auto; border-left: medium none; background-color: #000000; margin-right: auto;" noshade="noshade" align="center"> </div>
    <div style="text-align: center; line-height: 1.25;">(Exact name of registrant as specified&#160;in its charter)</div>
    <div style="text-align: left; line-height: 1.25;">&#160;</div>
    <table id="zfd042cec392f417d8e842e99609e0109" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellpadding="0" cellspacing="0">

        <tr>
          <td style="VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; WIDTH: 33%">
            <div style="font-weight: bold; text-align: center; line-height: 1.25;">ISRAEL</div>
          </td>
          <td style="VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; WIDTH: 33.99%">
            <div style="font-weight: bold; text-align: center; line-height: 1.25;">000-24790</div>
          </td>
          <td style="VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; WIDTH: 33%">
            <div style="font-weight: bold; text-align: center; line-height: 1.25;">N/A</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: top; WIDTH: 33%">
            <div style="text-align: center; line-height: 1.25;">(State or other jurisdiction</div>
          </td>
          <td style="VERTICAL-ALIGN: top; WIDTH: 33.99%">
            <div style="text-align: center; line-height: 1.25;">(Commission</div>
          </td>
          <td style="VERTICAL-ALIGN: top; WIDTH: 33%">
            <div style="text-align: center; line-height: 1.25;">(IRS Employer</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: top; WIDTH: 33%">
            <div style="text-align: center; line-height: 1.25;">of incorporation or organization)</div>
          </td>
          <td style="VERTICAL-ALIGN: top; WIDTH: 33.99%">
            <div style="text-align: center; line-height: 1.25;">File Number)</div>
          </td>
          <td style="VERTICAL-ALIGN: top; WIDTH: 33%">
            <div style="text-align: center; line-height: 1.25;">Identification No.)</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; line-height: 1.25;">&#160;</div>
    <table id="zc15766499f93404582ffae0d79023fba" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellpadding="0" cellspacing="0">

        <tr>
          <td style="VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; WIDTH: 67%">
            <div style="font-weight: bold; text-align: center; line-height: 1.25;">Ramat Gavriel Industrial Park&#160;&#160;P.O. Box 619, Migdal Haemek, Israel</div>
          </td>
          <td style="VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; WIDTH: 33%">
            <div style="font-weight: bold; text-align: center; line-height: 1.25;">2310502</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: top; WIDTH: 67%">
            <div style="text-align: center; line-height: 1.25;">(Address of principal executive offices)</div>
          </td>
          <td style="VERTICAL-ALIGN: top; WIDTH: 33%">
            <div style="text-align: center; line-height: 1.25;">(Zip Code)</div>
          </td>
        </tr>

    </table>
    <div style="LINE-HEIGHT: 1.25"><br style="LINE-HEIGHT: 1.25">
    </div>
    <div style="font-weight: bold; text-align: center; line-height: 1.25;">Nati Somekh</div>
    <div style="font-weight: bold; text-align: center; line-height: 1.25;">Telephone:&#160;+972-4-650-6109</div>
    <div style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25">
      <hr style="border-top: medium none; height: 2px; border-right: medium none; border-bottom: medium none; color: #000000; margin-left: auto; border-left: medium none; background-color: #000000; margin-right: auto;" noshade="noshade" align="center">
      (Name and telephone number, including area code, of the person to contact in connection with this report.)</div>
    <div style="text-align: left; line-height: 1.25;">&#160;</div>
    <div style="text-align: justify; line-height: 1.25;">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:</div>
    <div style="text-align: justify; line-height: 1.25;">&#160;</div>
    <table id="z5ecd8d6d79084a588000b352f1271ed0" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellpadding="0" cellspacing="0">

        <tr>
          <td style="VERTICAL-ALIGN: top; WIDTH: 5%">
            <div style="font-family: 'Segoe UI Symbol', sans-serif; text-align: left; line-height: 1.25;">&#9746;</div>
          </td>
          <td style="VERTICAL-ALIGN: top; WIDTH: 95%">
            <div style="text-align: justify; line-height: 1.25;">Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2019.</div>
          </td>
        </tr>

    </table>
    <div style="LINE-HEIGHT: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
      <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
        <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; WIDTH: 100%; BACKGROUND-COLOR: #000000" noshade="noshade"> </div>
    </div>
    <div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zff563f4f35bf4f14b6489fb4e6fc35c7" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="line-height: 1.25; font-weight: bold;">Introduction</div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25">&#160; <br>
      </div>
      <div style="text-align: justify; line-height: 1.25;">This Specialized Disclosure Report on Form SD (&#8220;Form SD&#8221;) of Tower Semiconductor Ltd. for the year ended December 31, 2019 is presented to comply with Rule 13p-1 under the Securities Exchange Act
        of 1934 (the &#8220;Rule&#8221;). Unless the context indicates otherwise, &#8220;Tower,&#8221; &#8220;we,&#8221; &#8220;us&#8221; and &#8220;our&#8221; refers to Tower Semiconductor Ltd. and its consolidated subsidiaries as of December 31, 2019. The Rule was adopted by the Securities and Exchange Commission
        (the &#8220;SEC&#8221;) to implement reporting and disclosure requirements related to &#8220;conflict minerals&#8221; as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Conflict minerals are defined by the SEC as gold as well as
        columbite-tantalite (coltan), cassiterite, wolframite, or their derivatives, which are limited to&#160;tantalum, tin, and&#160;tungsten.&#160;&#160;The Rule imposes certain reporting obligations on SEC registrants whose products contain conflict minerals that are
        necessary for the functionality or production of their products (such minerals are referred to as &#8220;necessary conflict minerals&#8221;). For products which contain necessary conflict minerals, the registrant must conduct in good faith a reasonable country
        of origin inquiry ("&#160;RCOI&#160;") designed to determine whether any of the necessary conflict minerals originated in the Democratic Republic of the Congo (&#8220;DRC&#8221;) or an adjoining country, collectively defined as the &#8220;Covered Countries&#8221;.&#160;&#160;If, based on
        such&#160;RCOI&#160;, the registrant knows or has reason to believe that any of the necessary conflict minerals contained in its products originated or may have originated in a Covered Country and knows or has reason to believe that those necessary conflict
        minerals may not be solely from recycled or scrap sources, the registrant must conduct due diligence on the source and chain of custody of its conflict minerals in order to determine whether the necessary conflict minerals contained in those
        products did or did not directly or indirectly finance or benefit armed groups in the Covered Countries.&#160;&#160;Products which do not contain necessary conflict minerals that directly or indirectly finance or benefit armed groups in the Covered Countries
        are considered &#8220;DRC conflict free&#8221;.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">We use the term &#8220;conflict free&#8221; in this Form SD in a broader sense to refer to suppliers, supply chains, smelters and refiners whose sources of conflict minerals did not or do not directly or
        indirectly finance or benefit armed groups in the Covered Countries.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25;">The content of any website referred to in this Form SD is included for general information only and is not incorporated by reference into this document.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25; font-weight: bold;">Company Overview</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">We are a pure-play independent specialty foundry dedicated to the manufacture of integrated circuits in the form of silicon wafers. Typically, pure-play foundries do not offer products of their
        own, but focus on producing integrated circuits, or ICs, based on the design specifications of their customers. We manufacture ICs for our customers primarily based on third party designs. We currently offer the manufacture of ICs with geometries
        ranging down to 45-nanometers. We also provide design support and complementary technical services.&#160;&#160;ICs manufactured by us are incorporated into a wide range of products in diverse markets, including consumer electronics, personal computers,
        communications, automotive, industrial and medical device products.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">We currently operate seven manufacturing&#160;facilities ("fabs") in three geographic regions: two fabs (for 150mm and 200mm wafers) located in Migdal Haemek, Israel, one fab (for 200mm wafers) located
        in Newport Beach, California, one fab (for 200mm wafers) located in San Antonio, Texas, and three additional fabs (for two 200mm and one 300mm wafers) located in the Hokuriku region of Japan. We offer state-of-the-art production lines for core bulk
        CMOS and specialized technologies such as RF SOI back-end-of-line (BEOL&#160;),&#160;magnetoresistive random access memory (MRAM), SiGe and&#160;MEMS.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25; font-weight: bold;">Overview of Tower&#8217;s Conflict Minerals Program</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">As a semiconductor manufacturer, we are knowledgeable of the materials needed for our production processes and products manufactured.&#160;&#160;To comply with the Rule, we reviewed the products we
        manufactured in 2019 to determine whether conflict minerals were necessary for their functionality or production. Based on this review, we determined that&#160;tungsten&#160;was used in the manufacturing processes of most of our products and
        that&#160;tantalum&#160;was used in a few manufacturing processes of certain of our products.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25; font-weight: bold;">Supply Chain Description</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">All of our integrated circuits are manufactured in our own fabs. Tower does not purchase any&#160;tungsten&#160;or&#160;tantalum&#160;directly from smelters, refiners, or mines, and is many steps removed in the supply
        chain from the mining of these necessary conflict minerals. Rather, these necessary conflict minerals are obtained via our direct suppliers, who obtain them from sources worldwide.&#160;&#160;As a result, we&#160;rely&#160;on our direct suppliers to assist with our
        RCOI and due diligence efforts, including the identification of smelters and refiners for any necessary conflict minerals contained in the materials which&#160;our direct suppliers&#160;supply to us.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25; font-weight: bold;">SECTION 1 - CONFLICT MINERALS DISCLOSURE</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25">
        <div style="text-align: left; line-height: 1.25; font-style: italic; font-weight: bold;">
          <div style="line-height: 1.25; font-style: italic; font-weight: bold;">Item 1.01&#160;&#160;&#160; Conflict Minerals Disclosure and Report</div>
        </div>
      </div>
      <br>
      <div style="text-align: left; line-height: 1.25; font-weight: bold;">Description of Reasonable Country of Origin Inquiry ("RCOI") Efforts</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">As indicated, Tower concluded that during 2019,&#160;it had manufactured products as to which tungsten and tantalum were necessary for their functionality or production. As a result, we conducted in
        good faith an RCOI that was designed to reasonably determine whether any of the necessary conflict minerals in our products originated in the Covered Countries or were from recycled or scrap sources.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">As part of the RCOI, we conducted a supply chain survey of our direct suppliers&#160;<font style="font-weight: bold;">&#160;&#160;</font>of&#160;tungsten&#160;and&#160;tantalum&#160;(and of any material used in our manufacturing
        processes that contains&#160;tungsten&#160;or&#160;tantalum) to obtain country of origin information using the Conflict Minerals Reporting&#160;Template&#160;(the "Template&#8221;), which is published by the Conflict-Free Sourcing Initiative (&#8220;CFSI&#8221;). The&#160;Template, which
        requests direct suppliers to identify the smelters,&#160;refiners and countries of origin of the necessary conflict minerals they supply to Tower, was developed to facilitate disclosure and communication of information regarding smelters and refiners
        that provide material in a company&#8217;s supply chain. The Template includes questions regarding a company&#8217;s conflict-free policy,&#160;engagement with its direct suppliers,&#160;and a listing of the smelters the company and its&#160;suppliers&#8217;&#160;use. In
        addition,&#160;the&#160;Template&#160;contains questions about the origin of conflict minerals included in their products,&#160;as well as supplier due diligence. Written instructions regarding use of the questionnaire are available on&#160;CFSI&#8217;s website at
        http://www.conflictfreesourcing.org/conflict-minerals-reporting-&#160;template&#160;/training/.&#160;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">We received responses from each of our direct suppliers&#160;of&#160;tungsten&#160;and&#160;tantalum&#160;(and of any material used in our manufacturing processes that contains&#160;tungsten&#160;or&#160;tantalum), and then confirmed
        whether or not each smelter or refiner they identified as providing conflict minerals had received a &#8220;conflict-free smelter&#8221; designation from an independent third party audit program.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25; font-weight: bold;">Conclusion Based on Reasonable Country of Origin Inquiry</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">As a result of our survey regarding 2019 activity, six out of the seven direct suppliers of tungsten (and of any material used in our manufacturing processes that contains tungsten) indicated that
        they did not source from the Covered Countries.&#160;&#160;All these suppliers confirmed that each smelter or refiner identified by such tungsten suppliers has been certified as "conflict-free" by CFSI's Conflict-Free Smelter Program or have provided
        documentation to the supplier that they use recycled or scrap sources.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Regarding tantalum, we identified three direct suppliers of tantalum (and of any material used in our manufacturing processes that contains tantalum), each of which indicated that their supply
        chain includes smelters or refiners sourcing tantalum from the Covered Countries.&#160; These suppliers confirmed that each of the smelters and refiners has been certified as &#8220;conflict-free&#8221; by CFSI's Conflict-Free Smelter Program or have provided
        documentation to the supplier that they use recycled or scrap sources.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Because we know or have reason to believe that a certain amount of the tungsten and tantalum used in the process of manufacturing certain of our products originated or may have originated in a
        Covered Country, we conducted due diligence on the source and chain of custody of the tungsten and tantalum in our products. Our due diligence was designed to conform to an internationally recognized due diligence framework, specifically the
        Organization for Economic Co-operation and&#160;Development&#8217;s&#160;&#8220;Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas&#160;",&#160;Second&#160;Edition (2013).</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">The due diligence measures that we performed are discussed further in the conflict minerals report filed as Exhibit 1.01 hereto.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25; font-weight: bold;">Conflict Minerals Disclosure</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25;">This Form SD and the conflict minerals report, filed as Exhibit 1.01 hereto, are publicly available on our website at <u>https://ir.towersemi.com/financial-information/sec-filings</u><u>.</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="text-align: left; line-height: 1.25;">&#160;</div>
      <div style="text-align: left; line-height: 1.25; font-weight: bold;">Item 1.02 Exhibits</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25;">The Conflict Minerals Report required by Item 1.01 of Form&#160;SD is filed as Exhibit&#160;1.01 to this Form&#160;SD.</div>
      <div style="line-height: 1.25">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z492a76e7614a4673a9f159d8a891fe93" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="line-height: 1.25; font-weight: bold;">SECTION 2 &#8211; EXHIBITS</div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zda30556dd9464e3f8b8d6e23469dff48" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="line-height: 1.25; font-weight: bold;">Item 2.01 Exhibits</div>
              <div style="line-height: 1.25;"><font style="line-height: 1.25;">&#160;</font></div>
              <div style="line-height: 1.25;"><a href="exhibit_1-01.htm">Exhibit 1.01&#160;&#8211;&#160;conflict minerals report for the reporting period January&#160;1, 2019 to December&#160;31, 2019&#160;as required by
                  Items 1.01 and 1.02 of this Form.</a></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">SIGNATURES</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25;">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.</div>
      <div style="line-height: 1.25">&#160;</div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z53ddddd0d71e42babb4920d880b3b3eb" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="3" style="vertical-align: top;">
              <div style="line-height: 1.25;">Tower Semiconductor Ltd.</div>
            </td>
            <td style="width: 65%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div style="line-height: 1.25;">(Registrant)</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 65%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 26%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 65%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="line-height: 1.25;">By:</div>
            </td>
            <td style="width: 26%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="line-height: 1.25;">/s/ Nati Somekh</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 65%; vertical-align: top;">
              <div style="line-height: 1.25;">June 1,&#160;2020</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 26%; vertical-align: top;">
              <div style="line-height: 1.25;">Nati Somekh</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 65%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td colspan="2" style="vertical-align: top;">
              <div style="line-height: 1.25;">Senior Vice President, Chief Legal Officer </div>
              <div style="line-height: 1.25;">and Corporate Secretary</div>
            </td>
            <td style="width: 65%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; line-height: 1.25;">&#160;
        <hr style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" align="center"></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="background-color: #FFFFFF; line-height: 1.25;">&#160;<br>
      </div>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.01
<SEQUENCE>2
<FILENAME>exhibit_1-01.htm
<DESCRIPTION>EXHIBIT 1.01
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Z-K GLOBAL
         Document created using EDGARfilings PROfile 6.5.1.0
         Copyright 1995 - 2020 Broadridge -->
  </head>
<body style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif" bgcolor="#ffffff" text="#000000">
  <div>
    <div style="background-color: #FFFFFF; line-height: 1.25;">
      <hr style="BORDER-TOP: black 4px solid; HEIGHT: 10px; BORDER-RIGHT: medium none; BORDER-BOTTOM: black 1px solid; COLOR: #ffffff; TEXT-ALIGN: center; MARGIN-LEFT: auto; BORDER-LEFT: medium none; BACKGROUND-COLOR: #ffffff; MARGIN-RIGHT: auto" align="center">
      <div style="text-align: right; line-height: 1.25; font-weight: bold;"><u>Exhibit 1.01</u></div>
      <div style="line-height: 1.25">&#160;</div>
    </div>
    <div>
      <div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: center; line-height: 1.25; font-weight: bold;">Tower Semiconductor Ltd.</div>
          <div style="text-align: center; line-height: 1.25; font-weight: bold;">Conflict Minerals Report</div>
          <div style="text-align: center; line-height: 1.25; font-weight: bold;">For the Year Ended December 31, 2019</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">This conflict minerals report for the year ended December 31, 2019 is presented to comply with Section 13(p) of the Securities Exchange Act of 1934 and Rule 13p-1 (the "Rule") and Form SD
            thereunder.&#160;&#160;The Rule was adopted by the Securities and Exchange Commission (the "SEC") to implement reporting and disclosure requirements related to conflict minerals as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act
            of 2010. The Rule imposes certain reporting obligations on SEC registrants whose manufactured products contain conflict minerals which are necessary for the functionality or production of their products (such minerals are referred to as
            &#8220;necessary conflict minerals&#8221;). "Conflict minerals" are defined as gold as well as columbite-tantalite (coltan), cassiterite, wolframite, or their derivatives, which are limited to tin,&#160;tantalum&#160;and&#160;tungsten.</div>
          <div style="line-height: 1.25">&#160;</div>
          <div style="text-align: justify; line-height: 1.25;">For products which contain necessary conflict minerals, the registrant must conduct in good faith a reasonable country of origin inquiry designed to determine whether any of the necessary
            conflict minerals originated in the Democratic Republic of the Congo (&#8220;DRC&#8221;) or an adjoining country, collectively defined as the &#8220;Covered Countries&#8221;.&#160;&#160;If, based on such inquiry, the registrant knows or has reason to believe that any of the
            necessary conflict minerals contained in its products originated or may have originated in a Covered Country and knows or has reason to believe that those necessary conflict minerals may not be solely from recycled or scrap sources, the
            registrant must conduct due diligence on the source and chain of custody of its conflict minerals in order to determine whether the necessary conflict minerals contained in those products directly or indirectly finance or benefit armed groups
            in the Covered Countries, and it must submit a conflict minerals report as an exhibit to its Form SD that includes a description of those due diligence measures. In accordance with the instructions and related guidance to Form SD, this conflict
            minerals report has not been audited by an independent private sector auditor.</div>
          <div style="line-height: 1.25">&#160; <br>
          </div>
          <div style="text-align: justify; line-height: 1.25;">The content of any website referred to in this conflict minerals report is included for general information only and is not incorporated by reference into this document.</div>
          <div style="line-height: 1.25">&#160;</div>
          <div style="text-align: justify; line-height: 1.25; font-weight: bold;">Design and Description of Conflict Minerals Diligence Program</div>
          <div style="line-height: 1.25">&#160;</div>
          <div style="text-align: justify; line-height: 1.25;">The due diligence efforts by Tower Semiconductor Ltd. (unless the context indicates otherwise, &#8220;Tower&#160;,&#8221; &#8220;Company&#160;,&#8221; &#8220;we,&#8221; &#8220;us&#8221; and &#8220;our&#8221; refers to Tower Semiconductor Ltd. and its consolidated
            subsidiaries for 2019) have been designed to conform in all material respects with the framework provided by the Organization for Economic Co-operation and Development ("OECD") Due Diligence Guidance for Responsible Supply Chains of Minerals
            from Conflict-Affected And High-Risk Areas (Second Edition, 2013) (the &#8220;OECD Guidance&#8221;).</div>
          <div style="line-height: 1.25">&#160;</div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
          </div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">Consistent with the OECD Guidance, our due diligence in respect of 2019&#160;consisted of&#160;a five-step process described below:</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 3.96%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 4.02%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25; font-weight: bold;">(i)</div>
              </td>
              <td style="width: 92.02%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25; font-weight: bold;">Establish Strong Company Management Systems</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
          <div style="text-align: left; line-height: 1.25;">The management system adopted by Tower for addressing the issue of conflict minerals in its products includes a conflict minerals policy which states, in part, that the Company:</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 3.95%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 3.99%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">&#8226;</div>
              </td>
              <td style="width: 92.06%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">Avoids the use of conflict minerals that directly or indirectly finance or benefit armed groups in the Covered Countries;</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 3.95%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 3.99%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">&#8226;</div>
              </td>
              <td style="width: 92.06%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">Expects its suppliers to have in place policies and due diligence procedures that will ensure that products and components that they supply containing conflict minerals, including
                  conflict minerals from Covered Countries, are in fact "conflict-free", meaning that they do not directly or indirectly finance or benefit armed groups in Covered Countries;</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 3.95%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 3.99%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">&#8226;</div>
              </td>
              <td style="width: 92.06%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">Requires the Company's direct suppliers to provide it with annual declarations regarding their use of conflict minerals (utilizing a format described below);</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 3.95%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 3.99%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">&#8226;</div>
              </td>
              <td style="width: 92.06%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">Reserves the right to take appropriate action to enforce its conflict minerals policy, including discontinuing purchases from suppliers that fail to comply; and</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 3.95%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 3.99%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">&#8226;</div>
              </td>
              <td style="width: 92.06%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">Is committed to responsible sourcing of conflict minerals throughout its supply chain and to continued compliance with applicable SEC rules and regulations in this area.</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="background-color: #FFFFFF; line-height: 1.25;"><br>
            <div style="text-align: justify; line-height: 1.25;">The conflict minerals policy also directs any questions about such policy to the Company's Corporate Compliance Officer.</div>
            <div style="line-height: 1.25">&#160;</div>
          </div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">Our conflict minerals policy is publicly available on our company website at&#160;&#160;&#160;<u>https://towersemi.com/about/corporate-social-responsibility/&#160;</u></div>
          <div style="line-height: 1.25">&#160;</div>
          <div style="text-align: justify; line-height: 1.25;">In order to provide transparency within our supply chain, we have adopted the Conflict Minerals Reporting&#160;Template&#160;(the "Template&#8221;), which is published by the Conflict-Free Sourcing Initiative
            (&#8220;CFSI&#8221;), to directly survey our suppliers. In addition, we&#160;confirm that&#160;smelters or refiners identified by such suppliers&#160;are classified&#160;and certified as "conflict-free"&#160;by&#160;CFSI&#160;(as part of&#160;CFSI&#160;'s Conflict-Free Smelter Program).&#160;&#160;</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">All responses from suppliers are recorded and stored in an electronic database and are maintained for a minimum of five years.</div>
          <div style="line-height: 1.25">&#160;</div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
          </div>
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">Finally, our management system includes the establishment of a team of Company employees, consisting of senior operations, engineering, QA, regulatory compliance and legal personnel, to oversee
            implementation of the Company's conflict minerals compliance strategy.&#160;&#160;Senior management of the Company, including the Senior Vice President of Quality and Reliability, VP of Procurement and the Senior Vice President, Chief Legal Officer and
            Corporate Secretary, are briefed on a regular basis by the Company&#8217;s Corporate Compliance Officer about such conflict minerals compliance efforts.</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 3.99%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 4.04%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25; font-weight: bold;">(ii)</div>
              </td>
              <td style="width: 91.98%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25; font-weight: bold;">Identify and Assess Risk in the Supply Chain</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">We identified two primary risks regarding our suppliers, as follows: (i) not receiving timely or accurate information, and (ii) difficulty in replacing a supplier should we determine that such
            supplier obtained or appears to have obtained conflict minerals from sources that support armed conflict in the Covered Countries.</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">Because we do not purchase tungsten and&#160;tantalum&#160;directly from smelters, refiners or mines and are many steps removed in the supply chain from mining of such tungsten and&#160;tantalum&#160;, we focus
            our efforts on surveying our direct suppliers who were required to survey their own suppliers (i.e., our upstream suppliers) in order to receive the required information.&#160;&#160;As indicated above, we use the&#160;Template&#160;to conduct such a survey of each
            of our direct suppliers in order to identify and receive information regarding smelters and refiners of tungsten and&#160;tantalum&#160;in our supply chain.</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 100%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">Following the initial distribution of the&#160;Template&#160;to our direct suppliers, we follow up through emails and telephone calls until all responses are received.&#160;&#160;In addition,
                  submitted&#160;Templates were reviewed for reasonableness and for missing or incomplete data, and we follow up with our direct suppliers as necessary to obtain clarifications or additional information where needed.&#160;At&#160;the end, we receive a
                  completed&#160;Template&#160;from each of our direct suppliers of tungsten and&#160;tantalum&#160;(or of any material used in our manufacturing processes that contains tungsten and&#160;tantalum). We then compare the smelters or refiners identified by our
                  suppliers in their completed&#160;Templates&#160;with&#160;the list of facilities certified by&#160;CFSI as&#160;&#8220;compliant&#8221; in its Conflict-Free Smelter Program&#160;to confirm that all such smelters and refiners are certified &#8220;conflict-free&#8221;.</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 3.96%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 4.06%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25; font-weight: bold;">(iii)</div>
              </td>
              <td style="width: 91.98%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25; font-weight: bold;">Design and Implement a Strategy to Respond to Identified Risks</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
          <div style="text-align: justify; line-height: 1.25;">Per Company policy, we expect suppliers to have in place due diligence policies and procedures that ensure that materials that it supplies containing conflict minerals are in fact
            "conflict-free", meaning that they do not directly or indirectly finance or benefit armed groups in Covered Countries.&#160;&#160;If at any time the Company is not satisfied with a supplier's&#160;Template&#160;responses or believes that adequate policies and
            procedures are not in place, it reserves the right to take appropriate action to enforce its conflict minerals policy, including discontinuing purchases from such suppliers.</div>
          <div style="line-height: 1.25">&#160;</div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
          </div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">In addition, conflict minerals findings are reported regularly to Tower&#8217;s Expert Materials Quality Engineer, who is responsible for collecting and reviewing all relevant conflict minerals data
            and formulating a proposed corporate strategy to address any risks identified by such review.</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">By taking these steps, we manage the risks associated with our supply chain by:</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: justify; line-height: 1.25;">-</div>
              </td>
              <td style="width: 96%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: justify; line-height: 1.25;">engaging with suppliers to obtain current, accurate and complete information about the suppliers&#8217; supply chains; and</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: justify; line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 96%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: justify; line-height: 1.25;">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: justify; line-height: 1.25;">-</div>
              </td>
              <td style="width: 96%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: justify; line-height: 1.25;">encouraging suppliers to implement responsible sourcing and work with smelters and refiners which have obtained a &#8220;conflict-free&#8221; designation from an independent, third-party auditor.</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
          <div style="text-align: justify; line-height: 1.25;">Finally, we have established an escalation process&#160;to&#160;contact suppliers upon obtaining any information that indicates that such suppliers may be sourcing necessary conflict minerals from any of
            the Covered Countries without a "conflict free" designation. Steps evaluated by the Company in such instances may include requiring a contracted supplier to find an alternative source for the necessary conflict minerals for use in products or
            components supplied to the Company, or, if appropriate,&#160;in light of all relevant circumstances, seeking an alternate source of supply and suspending or terminating the contractual relationship with such supplier.</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 3.96%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 4.06%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25; font-weight: bold;">(iv)</div>
              </td>
              <td style="width: 91.98%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25; font-weight: bold;">Carry Out Independent Third-Party Audit of Smelter/Refiner's Due Diligence Practices</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 100%; vertical-align: top; background-color: #FFFFFF;">
                <div style="text-align: justify; line-height: 1.25;">The&#160;Template&#160;provided to our suppliers requests information on the smelters and refiners used to provide the tungsten and&#160;tantalum&#160;in our products. We do not typically have a direct
                  relationship with smelters and refiners of such minerals and are unable to perform or direct audits of these entities within our supply chain.&#160;&#160;Instead, we compare information regarding refiners and smelters provided by our suppliers in
                  their&#160;Template&#160;with lists of refiners and smelters certified by the&#160;CFSI&#160;as "conflict-free&#8221;.</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 3.96%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 4.04%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25; font-weight: bold;">(v)</div>
              </td>
              <td style="width: 92%; vertical-align: top; background-color: #FFFFFF;">
                <div style="line-height: 1.25; font-weight: bold;">Report Annually on Supply Chain Due Diligence</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
          <div style="text-align: left; line-height: 1.25;">This conflict minerals report is available on our website at&#160;<u>https://ir.towersemi.com/financial-information/sec-filings&#160;</u>and has also been filed with the SEC.</div>
          <div style="line-height: 1.25">&#160;</div>
          <div style="text-align: left; line-height: 1.25; font-weight: bold;">Results of our Due Diligence Measures</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">We believe that following the OECD guidelines on due diligence and usage of the&#160;Template&#160;and&#160;CFSI&#160;'s Conflict-Free Smelter Program are currently the best ways to gather information on the
            source of conflict minerals in our products.</div>
          <div style="line-height: 1.25">&#160;</div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
          </div>
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: left; line-height: 1.25; font-weight: bold;">Inherent Limitations on Due Diligence Measures</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">Our due diligence measures can provide only reasonable, not absolute, assurance regarding the source and chain of custody of the necessary conflict minerals in our products.&#160;&#160;Our due diligence
            processes are based on the data received from our direct suppliers of tungsten and&#160;tantalum&#160;(or of any material used in our manufacturing processes that contains tungsten and&#160;tantalum), which in turn is based on information received by those
            suppliers seeking similar data within their supply chains to identify the original sources of the necessary conflict minerals.&#160;&#160;We also rely, to a large extent, on information collected through&#160;CFSI&#160;'s Conflict-Free Smelter Program.&#160;&#160;Such
            sources of information may not yield accurate and complete information.</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: left; line-height: 1.25; font-weight: bold;">Supplier Chain Survey Responses</div>
          <div style="line-height: 1.25">&#160; <br>
          </div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">Each of the Company&#8217;s&#160;three&#160;direct suppliers of&#160;tantalum&#160;(and of any material used in our manufacturing processes that contains&#160;tantalum) indicated that their supply chain includes smelters or
            refiners sourcing from the Covered Countries, as did one of the Company&#8217;s direct suppliers of tungsten (and of any material used in our manufacturing processes that contains&#160;tungsten).&#160;&#160;However, each of the smelters and refiners identified by
            such suppliers as sourcing&#160;tantalum or tungsten&#160;from Covered Countries has been certified as &#8220;conflict-free&#8221; by&#160;CFSI&#160;'s Conflict-Free Smelter Program or has provided documentation to the supplier that they use recycled or scrap sources.</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">The table below lists the facilities identified by our direct suppliers which, to the extent known, may have processed the&#160;tantalum or tungsten&#160;used in our products or in our manufacturing
            processes in 2019. All of the below&#160;listed facilities have received a &#8220;conflict-free" designation from&#160;CFSI&#160;'s Conflict-Free Smelter Program.</div>
          <div style="line-height: 1.25">&#160;</div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
          </div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" border="0" cellpadding="3" cellspacing="0">

            <tr>
              <td style="width: 10.76%; vertical-align: middle; background-color: #959595;">
                <div style="line-height: 1.25; font-weight: bold;"><font style="background-color: #929292;">Metal</font></div>
              </td>
              <td style="width: 53.26%; vertical-align: middle; background-color: #959595;">
                <div style="line-height: 1.25; font-weight: bold;"><font style="background-color: #929292;">Smelter or Refiner Facility Name</font></div>
              </td>
              <td style="width: 35.98%; vertical-align: middle; background-color: #959595;">
                <div style="line-height: 1.25; font-weight: bold;"><font style="background-color: #929292;">Smelter or Refiner Location</font></div>
              </td>
            </tr>
            <tr>
              <td rowspan="1" style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td rowspan="1" style="width: 53.26%; vertical-align: bottom;">&#160;</td>
              <td rowspan="1" style="width: 35.98%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">
                <div style="line-height: 1.25;">Tantalum</div>
              </td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Changsha South Tantalum Niobium Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">D Block Metals, LLC</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">USA</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Exotech Inc.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">USA</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">F&amp;X Electro-Materials Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Global Advanced Metals Aizu</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Japan</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Global Advanced Metals Boyertown</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">USA</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Guangdong Rising Rare Metals-EO Materials Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Guangdong Zhiyuan New Material Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">H.C. Starck Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Thailand</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">H.C. Starck Inc.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">USA</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">H.C. Starck Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Japan</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">H.C. Starck Smelting GmbH &amp; Co. KG</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Germany</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">H.C. Starck Tantalum and Niobium GmbH</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Germany</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Hengyang King Xing Lifeng New Materials Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">JiuJiang JinXin Nonferrous Metals Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Jiujiang Tanbre Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Metallurgical Products India Pvt., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">INDIA</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Ningxia Orient Tantalum Industry Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Ulba Metallurgical Plant JSC</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Kazakhstan</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">&#160;</td>
              <td style="width: 35.98%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">
                <div style="line-height: 1.25;">Tungsten</div>
              </td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Chenzhou Diamond Tungsten Products Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Chongyi Zhangyuan Tungsten Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Fujian Jinxin Tungsten Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Ganzhou Huaxing Tungsten Products Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Global Tungsten &amp; Powders Corp.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">USA</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Guangdong Xianglu Tungsten Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Hydrometallurg, JSC</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Russian Federation</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Jiangwu H.C. Starck Tungsten Products Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Jiangxi Gan Bei Tungsten Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Jiangxi Tonggu Non-ferrous Metallurgical &amp; Chemical Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Jiangxi Xinsheng Tungsten Industry Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Kennametal Huntsville</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">USA</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Niagara Refining LLC</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">USA</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Vietnam</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Xiamen Tungsten (H.C.) Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: top;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Xiamen Tungsten Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: top;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>
            <tr>
              <td style="width: 10.76%; vertical-align: middle;">&#160;</td>
              <td style="width: 53.26%; vertical-align: bottom;">
                <div style="line-height: 1.25;">Xinhai Rendan Shaoguan Tungsten Co., Ltd.</div>
              </td>
              <td style="width: 35.98%; vertical-align: bottom;">
                <div style="line-height: 1.25;">China</div>
              </td>
            </tr>

        </table>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="line-height: 1.25;"><br style="line-height: 1.25;">
          </div>
          <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
            <div id="DSPFPageBreak" style="page-break-after: always;">
              <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
          </div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">In addition, our suppliers provided us with information regarding the countries of origin of the&#160;tantalum&#160;and tungsten supplied by certain of the above smelters and refiners, a list of which is
            provided below.&#160;&#160;Our suppliers did not provide specific country of origin information for certain smelters and refiners. On account of this incomplete information, Tower is unable at this time to determine and describe in this report a complete
            list of specific countries of origin of such conflict minerals.</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: left; line-height: 1.25;">Australia</div>
          <div style="text-align: left; line-height: 1.25;">Bolivia</div>
          <div style="text-align: left; line-height: 1.25;">Brazil</div>
          <div style="text-align: left; line-height: 1.25;">Burundi</div>
          <div style="text-align: left; line-height: 1.25;">Canada</div>
          <div style="text-align: left; line-height: 1.25;">China</div>
          <div style="text-align: left; line-height: 1.25;">Democratic Republic of Congo</div>
          <div style="text-align: left; line-height: 1.25;">Ethiopia</div>
          <div style="text-align: left; line-height: 1.25;">Guyana</div>
          <div style="text-align: left; line-height: 1.25;">India</div>
          <div style="text-align: left; line-height: 1.25;">Japan</div>
          <div style="text-align: left; line-height: 1.25;">Katanga</div>
          <div style="text-align: left; line-height: 1.25;">Mozambique</div>
          <div style="text-align: left; line-height: 1.25;">Namibia</div>
          <div style="text-align: left; line-height: 1.25;">Nigeria</div>
          <div style="text-align: left; line-height: 1.25;">Russia</div>
          <div style="text-align: left; line-height: 1.25;">Rwanda</div>
          <div style="text-align: left; line-height: 1.25;">Sierra Leone</div>
          <div style="text-align: left; line-height: 1.25;">Suriname</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25;">Zimbabwe</div>
          <div style="line-height: 1.25">&#160;</div>
        </div>
        <div style="background-color: #FFFFFF; line-height: 1.25;">
          <div style="text-align: justify; line-height: 1.25; font-weight: bold;">Future&#160;Due Diligence Measures</div>
          <div style="line-height: 1.25">&#160;</div>
          <div style="text-align: justify; line-height: 1.25;">For the calendar year ending December 31, 2019, we have engaged in the&#160;due&#160;diligence process described above.&#160;&#160;We will also continue to attempt to validate supplier responses using information
            collected&#160;through&#160;independent conflict-free smelter validation programs,&#160;such as that of&#160;CFSI,&#160;and will take measures as needed to address any potential risks that are identified through these due diligence efforts.</div>
          <div style="line-height: 1.25">&#160; <br>
          </div>
          <div style="text-align: justify; line-height: 1.25;">This Form SD and conflict minerals report includes certain &#8220;forward-looking&#8221; statements within the meaning of Section 21E of the Securities Exchange Act of 1934.&#160;&#160;The use of the words
            &#8220;projects,&#8221; &#8220;expects,&#8221; &#8220;may,&#8221; &#8220;plans&#8221; or &#8220;intends,&#8221; or words of similar import, identifies a statement as &#8220;forward-looking&#8221;.&#160;&#160;There can be no assurance, however, that actual results will not differ materially from our expectations or
            projections.&#160;&#160;</div>
          <div style="line-height: 1.25">&#160;</div>
          <hr style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" align="center"></div>
      </div>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
