# EDGAR Filing Document

**Accession Number:** 0000056978
**File Stem:** 0000056978-26-000024
**Filing Date:** 2026-5
**Character Count:** 35310
**Document Hash:** 52d11d9cd279ba8e767b74f81b0fcf5a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000056978-26-000024.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0000056978-26-000024

**CONFORMED SUBMISSION TYPE**: SD

**PUBLIC DOCUMENT COUNT**: 7

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KULICKE & SOFFA INDUSTRIES INC
- **CENTRAL INDEX KEY:** 0000056978
- **STANDARD INDUSTRIAL CLASSIFICATION:** SEMICONDUCTORS & RELATED DEVICES [3674]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 231498399
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1003

**FILING VALUES:**
- **FORM TYPE:** SD
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-00121
- **FILM NUMBER:** 261006229

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 23A SERANGOON NORTH AVENUE 5, #01-01
- **CITY:** SINGAPORE
- **NON US STATE TERRITORY:** 23A SERANGOON NORTH AVENUE 5
- **PROVINCE COUNTRY:** U0
- **BUSINESS PHONE:** 2157846000

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 23A SERANGOON NORTH AVENUE 5, #01-01
- **CITY:** SINGAPORE
- **NON US STATE TERRITORY:** 23A SERANGOON NORTH AVENUE 5
- **PROVINCE COUNTRY:** U0

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

____________________________________________________

**FORM SD**

**Specialized Disclosure Report**

____________________________________________________

**KULICKE AND SOFFA INDUSTRIES, INC.**

**(Exact Name of Registrant as Specified in Charter)**

____________________________________________________

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| | | |
|:---|:---|:---|
| **Pennsylvania** | **000-00121** | **23-1498399** |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission File Number)** | **(I.R.S. Employer<br>Identification No.)** |

---

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| |
|:---|
| **23A Serangoon North Avenue 5, #01-01, Singapore 554369** |
| **1005 Virginia Dr., Fort Washington, PA 19034** |
| **(Address of Principal Executive Offices and Zip Code)** |

---

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| |
|:---|
| **Zi Yao Lim** |
| **Vice President** |
| **Legal Affairs and General Counsel and Corporate Secretary** |
| **(215) 784-6000** |
| **(Name and telephone number, including area code, of the person to contact in connection with this report)** |

---

____________________________________________________

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:

🗷 Rule 13p-1 under the Securities Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2025. <br>

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**Item 1.01 Conflict Minerals Disclosure and Report.**

A copy of Kulicke and Soffa Industries, Inc.'s Conflict Minerals Report is filed as Exhibit 1.01 hereto and is publicly available at https://investor.kns.com/sec-filings. We are not including the information contained on our website as a part of, or incorporating it by reference into, this filing.

**Item 1.02 Exhibit.**

The Conflict Minerals Report required by Item 1.01 is filed as an exhibit 1.01 to this Form SD.

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| | |
|:---|:---|
| **Item 3.01** | **Exhibits.** |
| <u>Exhibit No.</u> | <u>Description</u> |
| 1.01 | <u>[Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.](conflictmineralsreportry20.htm)</u> |

---

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SIGNATURES

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.

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| | | |
|:---|:---|:---|
| | KULICKE AND SOFFA INDUSTRIES, INC. | KULICKE AND SOFFA INDUSTRIES, INC. |
| Date: May 21, 2026 | By: | /s/ LESTER WONG |
|  |  | Lester Wong |
|  |  | Executive Vice President, Interim Chief Executive Officer, and Chief Financial Officer |

---

## Exhibit 1.01

**Exhibit 1.01 Conflict Minerals Report**

**Introduction**

This report has been prepared by the management of Kulicke and Soffa Industries, Inc. (the "Company," "we," "us" or "K&S") pursuant to Rule 13p-1 under the Securities Exchange Act of 1934, as amended, and Form SD thereunder (collectively, the "Rule") for the calendar year ended December 31, 2025.

**A. Company Overview**

Kulicke and Soffa Industries, Inc. is a global leader in semiconductor assembly technology, advancing device performance across automotive, compute, industrial, memory and communications markets. Founded on innovation in 1951, K&S is uniquely positioned to overcome increasingly dynamic process challenges – creating and delivering long-term value by aligning technology with opportunity.

We design, develop, manufacture and sell capital equipment, consumables and provide services used to assemble semiconductor and electronic devices, such as integrated circuits, power discretes, light-emitting diode ("LEDs") and sensors. We also service, maintain, repair and upgrade our equipment and sell consumable aftermarket solutions and services for our and our peer companies' equipment. Our customers primarily consist of integrated device manufacturers ("IDMs"), outsourced semiconductor assembly and test providers ("OSATs"), foundry service providers, and other electronics manufacturers and automotive electronics suppliers.

Our goal is to be the technology leader and the most competitive supplier in terms of cost and performance in each of our major product lines. Accordingly, we invest in research and engineering projects intended to expand our market access and enhance our leadership position in semiconductor, electronics and display assembly. We also remain focused on enhancing our value to customers through higher productivity systems, more autonomous capabilities and also through continuous improvement and optimization of our operational costs. Delivering new levels of value to our customers is a critically important goal.

The Company operates four reportable segments consisting of Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions and Aftermarket Products and Services ("APS"). Any other operating segments that have not been aggregated within the reportable segments described above which do not meet the quantitative threshold to be disclosed as a separate reportable segment have been grouped within an "All Others" category.

From our due diligence analysis described in Section D of this report, we believe that the electronic components and circuit parts in our equipment may contain tin, tantalum, tungsten and gold (collectively, "3TG").

**Ball Bonding Equipment, Wedge Bonding Equipment and Advanced Solutions Segments**

Our Ball Bonding Equipment, Wedge Bonding Equipment and Advanced Solutions reportable segments engage in the design, development, manufacture and sale of ball bonding equipment, wafer level bonding equipment, wedge and wedge-related bonding equipment, certain advanced display, die-attach and thermocompression systems and solutions to IDMs, OSATs, foundry service providers, and other electronics manufacturers and automotive electronics suppliers.

**APS Segment**

Our APS segment engages in the design, development, manufacture and sale of a variety of tools, spares and services for our equipment. For example, we manufacture capillaries, blades, wedge bonder consumables and other spare parts which complement our equipment and support a broader range of semiconductor packaging applications. We also provide equipment repair, post-sale support, maintenance and servicing, training services, refurbishment and upgrades for our equipment.

**All Others** 

All other operating segments that do not meet the quantitative threshold to be disclosed as a separate reportable segment have been grouped within an "All Others" category. This group is reflective of the results of the Company from the design, development, manufacture and sale of advanced dispense, electronics assembly systems and solutions and related aftermarket spares and services.

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On March 25, 2025, the Board of Directors of the Company approved a strategic plan related to the cessation of the Company's Electronics Assembly ("EA") equipment business. As part of the plan, the Company began the process of winding down the EA equipment business in an effort to prioritize core semiconductor assembly business opportunities and enhance overall through-cycle financial performance. The wind down activities remain ongoing and are expected to be substantially completed by end of fiscal 2026, after which there will be some service support activities to serve out the remaining customer obligations.

**Suppliers**

Substantially all of our manufacturing operations are located in countries other than the U.S.

We manufacture our ball, wedge, APAMA<sup>TM</sup>, and APTURA<sup>TM</sup> bonders in Singapore, our Hybrid and Electronic Assembly solutions in the Netherlands and Singapore, our dicing blades, capillaries and bonding wedges in China, our capillaries in Israel and China, and our advanced dispensing equipment in Taiwan.

We depend on our suppliers, including sole source suppliers, for critical raw materials, components and sub-assemblies. Our products are complex and require raw materials, components and sub-assemblies having a high degree of reliability, accuracy and performance. We rely on subcontractors to manufacture many of these components and sub-assemblies.

Some of our suppliers may in turn rely on their ultimate or sub-suppliers for some of these concerned raw materials, components and sub-supply to us.

**Conflict Minerals Disclosure**

The products covered in this report were either manufactured by the Company or contracted by the Company to be manufactured. These products may contain conflict minerals necessary to their functionality or production.

The Company focused its due diligence process on equipment and the corresponding spares that were manufactured during the year ended December 31, 2025 ("Covered Products"). There are certain legacy spare parts pertaining to discontinued equipment products that constitute an insignificant portion of the Company's total sales. These have been excluded in this report as these are discontinued products and the proportion of sale of such spares will further decline in the coming years. Products and prototypes which were manufactured but not sold during the year ended December 31, 2025 are also excluded in this report.

The Company has conducted in good faith a reasonable country of origin inquiry reasonably designed to determine whether any of the conflict minerals<sup>1</sup> originated from the Democratic Republic of Congo (the "DRC") or an adjoining country or are from recycled or scrapped sources.

The Company also undertook due diligence on the source and chain of custody of necessary conflict minerals contained in its Covered Products. Its due diligence approach was designed to conform in all material respects with the *OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas* and its related supplements (collectively, "OECD Guidance").

**Our efforts to detect and analyze the presence of 3TG**

Generally, for each of the principal products manufactured by the Company, our engineering team analyzes each part of our Bill of Materials for the presence of 3TG. The drawing and data sheet and material composition are also examined. If a part does not contain 3TG, there will be no further action taken and the Company's database will be updated. The following is a flow chart illustrating the approach taken by the Engineering team:

![engineeringprocessa07.jpg](engineeringprocessa07.jpg)

<sup>1</sup> Conflict minerals are those minerals regulated by Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"). They include columbite-tantalite, also known as coltan (and its derivative tantalum); cassiterite (and its derivative tin); wolframite (and its derivative tungsten); and gold.

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Each part will be examined for its material, finishing and detection of 3TG and thereinafter listed in a file as per the below example:

![engineeringrtspreadsheeta08.jpg](engineeringrtspreadsheeta08.jpg)

The file contains a listing of each item by part number, a description of the part, the materials contained in the part, the finishing of the part, a column for each 3TG item, and a course of action. Under the "Action" column, a "Yes" will be indicated if the part contains 3TG or was undeterminable at the point of initial examination, and a "No" will be indicated if the part does not contain 3TG. If the part contains 3TG or 3TG is undeterminable at the point of initial examination, the part will be referred to the supply chain department for follow-up, including the identification of the relevant supplier of the part.

For certain subsidiaries, the Company will issue the Responsible Business Alliance/Global e-Sustainability Initiative Conflict Minerals Reporting Template ("CMRT") to the top 98% of its suppliers, based on total purchases. Suppliers will be expected to complete the CMRT in a timely manner and provide the necessary information to help the Company determine, detect and analyze the presence of 3TG.

**Our efforts to determine the country of origin**

Generally, our supply chain function will link up and liaise with the purchasing function to identify the supplier of the material, component or sub assembly. To the extent a part contains 3TG or is undeterminable, CMRTs will be issued to our direct suppliers ("Tier-1 suppliers") to verify the presence of, or establish the source of the 3TG. Each CMRT includes questions regarding the supplier's conflict-free policy, engagement with its direct suppliers, and a listing of the smelters that the supplier and its suppliers use. In addition, the template contained questions about the origin of conflict minerals included in their products, as well as the suppliers' due diligence.

Through its supply chain function, the Company will issue a conflict minerals document package to its Tier-1 suppliers. Each package will typically contain the following:

&nbsp;&nbsp;&nbsp;&nbsp;• A cover letter and notification to suppliers that K&S is subject to Section 1502 of the Dodd-Frank Act, and that their cooperation would be required to ensure conformance;

&nbsp;&nbsp;&nbsp;&nbsp;• K&S Conflict Minerals Policy; and

&nbsp;&nbsp;&nbsp;&nbsp;• CMRT.

Upon receipt of the above package, the suppliers are expected to undertake the following action items:

&nbsp;&nbsp;&nbsp;&nbsp;• Acknowledge the receipt of the request;

&nbsp;&nbsp;&nbsp;&nbsp;• Review and understand K&S' Conflict Minerals Policy and K&S' requirements relating to conflict minerals;

&nbsp;&nbsp;&nbsp;&nbsp;• Perform due diligence on their supply chains to identify the smelter sources;

&nbsp;&nbsp;&nbsp;&nbsp;• Solicit responses and input from their sub-suppliers, and thereafter integrate them into a consolidated report back to K&S, within a requested time frame; and

&nbsp;&nbsp;&nbsp;&nbsp;• Submit the completed CMRT declaration to K&S or to our third party data service provider (the "Third Party Provider"), within a requested time frame.

A tracking system has been in place since 2012 to monitor the state of our supplier's responses and their due diligence status. The responses received from our suppliers are reviewed internally by the Company, and suppliers reporting 3TG items being purchased from the DRC or its adjoining countries are flagged and a risk mitigation strategy will be developed for those suppliers.

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The Company also organizes supplier outreach events such as "Supplier Day" from time to time for most of its Tier-1 suppliers to, among other things, reiterate the requirements surrounding conflict minerals and provide broad training on K&S' Conflict Minerals Policy.

We rely on our Tier-1 suppliers to provide information on the origin of the 3TG contained in the materials, components and sub-assemblies supplied to us, including the sources of 3TG that are supplied to our Tier-1 suppliers by their sub-suppliers. Further, our suppliers are required to sign, stamp and acknowledge acceptance of K&S' supplier code of business conduct and ethics which, among other things, reaffirms their commitment to provide full cooperation and support for K&S' Conflict Minerals policy and its associated compliance program.

We continuously review our contracts with suppliers (whether during the drafting of new contracts or during contract renewals) to ensure that the appropriate provisions on conflict minerals and its associated compliance requirements have been set out clearly and expressly agreed by our suppliers.

**B. Conflict Minerals Compliance Plan**

**Conflict Minerals Policy**

As part of our Conflict Minerals Policy, we undertake the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Based on the guidance set forth in the *Organization for Economic Co-operation and Development ("OECD") Due Diligence Guidance*, we conduct inquiries into our suppliers and encourage our suppliers to conduct similar inquiries into its sub-suppliers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Ensure that our suppliers confirm that the 3TG in our supply chain are DRC conflict-free, so as to put us in a position to reasonably make such onwards representation to our customers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Making available reports on our progress on conflict minerals compliance to relevant stakeholders and the general public.

A copy of our Conflict Minerals Policy is publicly available on our website. We are not including the information contained on our website as a part of, or incorporating it by reference into, this filing.

For additional information about our commitment to responsible sourcing, see K&S 2024 Sustainability Report at https://www.kns.com/company/esg#commitment

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**Conflict Minerals Framework and Action Plan**

We have adopted the following framework in working towards our conflict minerals compliance as set forth in the OECD Guidance.

We undertake the following approach in assessing our Conflicts Minerals compliance:

![cmduediligenceprocessa09.jpg](cmduediligenceprocessa09.jpg)

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We also institute a multi-disciplinary conflict minerals team to implement our conflict minerals compliance process, as below:

![cmprocess.jpg](cmprocess.jpg)

For certain subsidiaries, we sent the CMRT to the top 98% of the suppliers in terms of total purchases. Suppliers will be expected to complete the CMRT in a timely manner and provide the necessary information to help the Company determine detect and analyze the presence of 3TG.

**C. Conflict Minerals Team**

In early 2013, in pursuit of achieving conflict minerals compliance, we formed a Conflict Minerals Committee (the "Committee"). The Committee consists of employees from the Engineering, Supply Chain, Quality, IT, Legal and Finance functions. The goal of the Committee is to oversee the work required to ensure K&S remains in conformance with the requirements under Section 1502 of the Dodd-Frank Act. Employees from the supply chain and engineering functions from different operating locations of the Company are assigned to support the due diligence process in identifying if 3TG were present in the Company's material purchases for the assembly of its products. The Committee regularly reviews and refines the due diligence progress to ensure continued conformance with the applicable conflict minerals-related rules, legislation and adopt other common best practices. The Committee appointed a multi-disciplinary due diligence team with the following responsibilities:

**Engineering**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Analyze K&S' bill of materials and identify the parts, components, sub-assemblies and/or products that contain 3TG

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Establish guidelines and controls to ensure continued selection of conflict-free smelters for new and existing products

**Supply Chain**

&nbsp;&nbsp;&nbsp;&nbsp;• Supplier assessment and/or qualification

&nbsp;&nbsp;&nbsp;&nbsp;• Identify K&S' Tier-1 suppliers

&nbsp;&nbsp;&nbsp;&nbsp;• Communicate with, educate and request information from Tier-1 suppliers and track information down to its sub-suppliers, supply chain and smelter sources

&nbsp;&nbsp;&nbsp;&nbsp;• Review responses provided by Tier-1 suppliers, report on identified "red flags" and develop relevant remediation measures and/or risk mitigation strategy

&nbsp;&nbsp;&nbsp;&nbsp;• Track and report supplier progress on its 3TG due diligence

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**Quality**

&nbsp;&nbsp;&nbsp;&nbsp;• Establish systems and processes to ensure that due diligence on conflict minerals remain comprehensive and appropriate

&nbsp;&nbsp;&nbsp;&nbsp;• Support third-party due diligence and independent private sector audits in preparation of SEC reporting, if any

&nbsp;&nbsp;&nbsp;&nbsp;• Respond to customer requests and inquiries on conflict minerals

&nbsp;&nbsp;&nbsp;&nbsp;• Coordinate internal conflict mineral programs

**IT**

&nbsp;&nbsp;&nbsp;&nbsp;• Provide infrastructure and system support for data collection and organizational tools to assist in the due diligence process

&nbsp;&nbsp;&nbsp;&nbsp;• Enhance IT requirements including automation for future years

**Legal**

&nbsp;&nbsp;&nbsp;&nbsp;• Interpret regulations, assist in the development of policies and processes based on OECD Guidance

&nbsp;&nbsp;&nbsp;&nbsp;• Review contracts with suppliers

&nbsp;&nbsp;&nbsp;&nbsp;• Track material developments on conflict minerals compliance and report such findings to the Committee

&nbsp;&nbsp;&nbsp;&nbsp;• Support with the review of Form SD and the Conflict Minerals Report ("CMR")

**Finance**

&nbsp;&nbsp;&nbsp;&nbsp;• Document and communicate K&S Conflict Minerals Policy on the K&S website

&nbsp;&nbsp;&nbsp;&nbsp;• Coordinate third-party due diligence audits on the CMR, if any

&nbsp;&nbsp;&nbsp;&nbsp;• Prepare Form SD and the CMR

&nbsp;&nbsp;&nbsp;&nbsp;• File Form SD and the CMR with the SEC

**D. Due Diligence Process**

**Design of Due Diligence**

Our due diligence measures have been designed to conform, in all material respects, to the framework in the OECD Guidance and related supplements for 3TG.

**1. Establish company management system**

We have established a management system for conflict minerals. Our management system includes the Committee, sponsored by our Interim Chief Executive Officer, as well as executive-level representatives and a multi-disciplinary team of subject matter experts from relevant functions such as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Engineering

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Supply Chain

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Quality

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• IT

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Legal

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Finance

This team is responsible for implementing our conflict minerals compliance strategy and is led by our VP, Equipment Manufacturing Operations and Quality, who acts as the executive conflict minerals program manager. Senior management is briefed about the results of our due diligence efforts on a regular basis. The conflict minerals team remains abreast of developments concerning conflict minerals by way of regular participation in industry events (such as roundtable discussions and webinars) and interaction with industrial peers.

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**Control systems**

Control systems include, but are not limited to, our Code of Business Conduct, which outlines expected behaviors for all our employees.

Our suppliers are required to sign, stamp and acknowledge acceptance of K&S' supplier code of business conduct and ethics to reaffirm their commitment to provide full cooperation and support in K&S' implementation of its Conflict Minerals Policy and compliance program. Our supplier contracts include a requirement for our suppliers to submit their declaration per the CMRT.

**Supplier engagement**

With respect to the OECD requirement to strengthen engagement with suppliers, as described above, we continue to strengthen our engagement with suppliers, encouraging them to further engage with their sub-suppliers with the intentions of ultimately identifying smelter sources.

To accomplish this, K&S has engaged the Third Party Provider that provides online resources. All in-scope suppliers have been provided access to their library of conflict minerals trainings and support resources. The Third Party Provider also provides an automated feedback process that notifies suppliers of risks associated with their CMRT submission, which serves to educate suppliers of certain conflict minerals' risks.

Feedback from this engagement has allowed us to understand the current stage of our supplier's compliance, identify potential gaps, suggest refinements, and determine future remediation actions where necessary.

**Violation of CM Policy**

Employees and suppliers can report any violations of K&S policies through K&S' whistleblower procedure. Reports may be made on an anonymous basis. To date, we have not encountered any person or entity that, to our knowledge, is in violation of our policy.

**Maintain records**

The Company has adopted a policy to retain relevant documentation for a period of five years. Through the Third Party Provider, the Company has implemented a document retention policy to retain conflict minerals related documents, including supplier responses to CMRTs and the sources identified for each reporting period. The Company stores all of the information and findings from this process in a database that can be audited by internal or external parties.

**2. Identify and assess risk in the supply chain**

Because of our size, the complexity of our products, and the depth, breadth, and constant evolution of our supply chain, it is difficult to exhaustively identify all aspects of the sub-suppliers to our suppliers.

Our Supply Chain team identified 237 Tier-1 suppliers to which we sent the CMRT. We rely on our suppliers, whose components may contain 3TG, to provide us with information about the source of conflict minerals contained in the components supplied to us. Our Tier-1 suppliers are expected to undertake similar due diligence and conduct relevant queries against their sub-suppliers, ultimate or upstream suppliers.

The conflict minerals team reviewed and verified the completed CMRTs and associated declarations and records from suppliers for completeness. The information received is regularly updated into K&S' conflict minerals database. We also sought the services of a third-party vendor to engage our suppliers, assist with the necessary follow-ups and support with the consolidation of responses.

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The following outlines our review and update process, based on the information received from our suppliers:

![supplierresponsereviewa08.jpg](supplierresponsereviewa08.jpg)

The conflict minerals team regularly assesses risks and determines potential mitigation measures needed to address any non-compliance found in the reported information from suppliers for conflict minerals.

**3. Design and implement a strategy to respond to identified risks**

K&S has an approved risk management plan, through which the conflict minerals program is implemented, managed and monitored. Updates to this risk assessment are provided regularly to senior management.

As part of our risk management plan, and to ensure that our suppliers understand our expectations, we have a website (http://www.kns.com/Supplier-Portal) with relevant information, K&S' training resources and K&S' supplier standards and requirements. We are not including the information contained on our website as a part of, or incorporating it by reference into, this filing.

As described in our Conflict Minerals Policy, in order to fulfill our Conflict Mineral reporting obligations, we will not work with any suppliers whom we have reason to believe are supplying us with 3TG from sources that may support conflict in the DRC or any adjoining country. We will also conduct additional inquiries if we have reason to believe that our supplier's representations to the CMRT may be inaccurate, also taking into account any other warning signs or other circumstances indicating that the conflict minerals it uses may have originated in the covered countries. We also attempt to establish an alternative source of 3TG in cases where the sources may be potentially supporting such conflict, as provided in the OECD Guidance.

**4. Carry out independent third-party audit of smelter/refinery due diligence practices** 

We do not typically have a direct relationship with smelters and refiners of 3TG and do not perform or direct audits of these establishments within our supply chain. We rely on lists published by the Relevant Organizations (as defined and listed below) to evaluate the Conflict-Free Source of Origin ("CFS") status of the smelters identified by the Tier-1 suppliers ("Surveyed Suppliers").

**5. Report annually on supply chain due diligence**

In lieu of auditing the conflict minerals process, and in our efforts to adhere with the OECD Guidance, we determined that requesting supplier information on smelters and refiners using the CMRT, and reviewing the responses received, represents the most reasonable effort to determine the mine or country of origin. This report is publicly available at https://investor.kns.com/sec-filings.

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**Determination**

As of the cut-off date of March 31, 2026, we reviewed all received CMRT forms from the Surveyed Suppliers. As part of our due diligence, we have validated 329 smelters or refiners ("SORS") in our supply chain based on the information from the Relevant Organizations (as defined below).

K&S checked the smelters identified by the Surveyed Suppliers against the lists published by the below organizations in respect of CFS status (collectively, the "Relevant Organizations"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Responsible Minerals Initiative (RMI)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Responsible Jewelry Council (RJC)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• London Bullion Market Association (LBMA)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Dubai Multi Commodity Centre (DMCC)

Based on the smelter lists provided by the Surveyed Suppliers via the CMRTs and the information provided by the Third Party Provider, we certified approximately 64.74% of the Surveyed Suppliers as either "Conformant" or "Active".

As defined by the above Relevant Organizations, "Conformant" smelters include smelters that have undergone a third party audit for having systems in place to assure sourcing of only DRC conflict-free materials and are therefore conferred CFS status. "Conformant" smelters also include smelters that are only using recycled or scrap sources and smelters with sources not from the DRC. "Active" smelters are those who are in the process of being audited, or have committed to begin the audit process.

We were not able to make a determination regarding the remaining Surveyed Suppliers as they were unable to provide, or unable to provide detailed or specific information about, the SORS used for materials supplied to us. For example, some of the remaining Surveyed Suppliers provided responses at the company level, and we believe those responses may have included SORS and countries of origin for conflict minerals not used in our products. We therefore were unable to definitively determine whether all of the identified 3TG smelters and refiners pertain to the products and materials in our supply chain. As a result, our 3TG smelter and refiner list is likely to contain SORS not used in our supply chain or used to manufacture K&S products.

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| | | |
|:---|:---|:---|
| "Conformant" smelters (204) + "Active" smelters (9) | 213 | 64.74% |
| "Unclassified" smelters | 116 | 35.26% |
| Total SORs | 329 |  |

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**E. Further Risk Mitigation Efforts Towards Conflict Minerals Compliance**

We intend to continue to take the following steps with respect to our due diligence process to further mitigate any risk that any conflict minerals in our products could benefit armed groups in the DRC or adjoining countries:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a.Continue to identify suppliers whose supplies contain 3TG for all new product segments and launches;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b.Continue to include conflict minerals flow-down clauses in new or renewed supplier contracts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c.Continue to engage with suppliers and direct them to resources provided by the Third Party Provider to increase response rate and improve compliance with the Rule;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d.Continue to encourage suppliers to review and move their sourcing of 3TG to Conflict Free smelters;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e.Continue to encourage our direct suppliers to purchase materials from Conflict Free smelters; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f.After providing the opportunity to change, we will disengage from those of our suppliers found to be persisting in supplying us with 3TG from sources that support conflict in the DRC or any adjoining country, by establishing an alternative source of 3TG.

We continue to work with OECD, Supply Chain Organizational Requirements, industry peers and relevant trade associations to define and improve best practices and leverage over the supply chain.

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**Forward-Looking Statement Disclaimer**

This report includes forward-looking statements, including but not limited to those regarding K&S's expected future supplier diligence and engagement efforts and development of related processes and K&S's risk mitigation efforts. These statements and their underlying assumptions are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from current expectations, including but not limited to: regulatory changes and judicial developments relating to conflict minerals disclosure; changes in our supply chain, components and parts, or products; industry developments relating to supply chain diligence, disclosure and other practices; and other risks described in our most recent Annual Report on Form 10-K for the fiscal year ended October 4, 2025, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other SEC filings. Forward-looking statements are based on estimates, projections and assumptions as of May 21, 2026, and K&S undertakes no obligation to update any such statements. We caution that undue reliance should not be placed on these forward-looking statements, which speak only as of the date of this report, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.

<br>