Conflict Minerals Statement

Newcut manufactures products from a variety of metals. We are committed to the responsible sourcing of materials used in our products. In particular, we are concerned about the use of tin, tungsten, tantalum and gold (3TG) originating in the Democratic Republic of the Congo and adjoining countries. The mining and trade of these materials are being used to fund armed conflict in the area. Because of this, these materials are also known as conflict minerals.

In August of 2012, the US Securities and Exchange Commission ( SEC ) issued the final conflict minerals rule under section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( the Conflict Mineral Rule ). The Conflict Mineral Rule requires publicly traded companies to report annually the presence of conflict minerals originating in the DRC or Covered Countries. Newcut is a privately owned corporation and is exempt from the rule. However, we will strive to meet the requirements of the act and will assist our customers in meeting their compliance needs.

We do not knowingly purchase any materials containing conflict minerals. To assure compliance, Newcut utilizes the Conflict Minerals Reporting Template ( CMRT ) from the Conflict-Free Sourcing Initiative ( CFSI ). In addition, we ask our suppliers to furnish completed templates to us.

Newcut will perform due diligence on materials containing 3TG, and will update our CMRT as necessary. A copy of the CMRT is available upon request.