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AVX Policies For Sourcing Conflict-Free Tantalum Anticipate Pending SEC Regulation

Stocks in this article: AVX

This is a further step in AVX’s continuing effort to keep conflict minerals out of the supply chain without adversely affecting miners and their families in non-conflict areas and ensure our customers can comply with the anticipated requirements of the Dodd-Frank legislation. It ensures that AVX remains at the forefront of the tantalum capacitor industry’s efforts to secure responsibly sourced materials that meet our customers’ requirements, the principles of the Dodd-Frank legislation and the OECD due diligence guidance on responsible sourcing of minerals from conflict affected areas with weak governance.

AVX is fully aware of the provisions of § 1502 relating to conflict minerals of the Dodd-Frank bill and is closely tracking the SEC’s implementing regulations. AVX usage of the other materials, such as tin, tungsten and gold, listed in the new legislation is very limited. AVX is working with its suppliers to ensure that no other conflict materials are in any of its products. Nonetheless, AVX is committed to meet or exceed all obligations with respect to those minerals as well.

For full details of the AVX Conflict-Free Materials policy please visit AVX On-Line at:

http://www.avx.com/

or

http://www.avx.com/docs/corporate/AVXConflictMinerals.pdf

For additional details about the Solutions for Hope Project, please visit

http://solutions-network.org/site-solutionsforhope/

or contact Bill Millman at AVX by phone at +44 (0) 1803 697211 or via email at conflict.free@eur.avx.com.

About AVX

AVX Corporation is a leading international supplier of electronic passive components and interconnect solutions with 24 manufacturing and customer support facilities in 15 countries around the world. AVX offers a broad range of devices including capacitors, resistors, filters, timing and circuit protection devices and connectors. The company is publicly traded on the New York Stock Exchange (NYSE:AVX).

Copyright Business Wire 2010
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