Exhibit 1.01
Conflict Minerals Report of Texas Instruments Incorporated
for the Year Ended December 31, 2023
This
Conflict Minerals Report should be read in conjunction with the definitions contained in the U.S. Securities and Exchange Commission (SEC) instructions to Form SD and related rules. This Conflict Minerals Report and our conflict minerals
policy are available on our web site at ti.com/conflict-minerals. We are not incorporating by reference the contents of our web site into this Conflict Minerals Report. Conflict minerals refers to four specific metals regardless of their
country of origin or whether they are financing or benefiting armed conflict: tantalum, tin, tungsten and gold.
I. |
Design of Due Diligence |
We have management systems and due diligence procedures (our CM Process) as a basis for supply-chain management and disclosure compliance relating
to the conflict minerals necessary to the functionality or production of products manufactured by TI, or contracted by TI to be manufactured, and required to be reported for 2023 (collectively, CMs). We designed the CM Process with the
intent to conform in all material respects with the five-step framework of 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 (Third Edition):
Step 1: Establish strong company management systems
Step 2: Identify and assess risks in the supply chain
Step 3:
Design and implement a strategy to respond to identified risks
Step 4: Carry out independent third-party audit of smelter/refiners due diligence
practices
Step 5: Report annually on supply chain due diligence
II. |
Reliance on Third-Party Data |
Our ability to determine the origin and chain of custody of CMs, and whether they directly or indirectly finance or benefit armed groups in the Democratic
Republic of the Congo or any adjoining country (each a Covered Country) in any manner (the Conflict Status), is limited. Our supply chain for CMs is complex. In many cases, we are multiple steps removed from the smelter or
refiner (Smelter), and we depend on information from our direct suppliers of materials that contain CMs and third-party manufacturers of our products that contain CMs (collectively, Suppliers) that themselves have incomplete
information about the origin of the CMs incorporated in the products they supply to us.
To gain insight into the country of origin, chain of custody and
Conflict Status of the CMs in our supply chain, we relied primarily on the findings of the Responsible Minerals Assurance Process (RMAP). The RMAP is a voluntary program in which an independent third party evaluates Smelters
management systems and procurement practices and determines whether the Smelter is Conformant to RMAP standards. To be Conformant,1 a Smelter must have demonstrated, among other requirements, that
CMs it processed originated from sources that are not financing or benefiting armed conflict in a Covered Country. The RMAP is overseen by the Responsible Minerals Initiative (RMI), which was established by members of the Responsible
Business Alliance (RBA) and the Global e-Sustainability Initiative. TI is a member of the RBA and RMI.
III. |
Due Diligence Measures Taken |
The measures we took to exercise due diligence on the source and chain of custody of our CMs are as follows:
Step 1: Establish strong company management systems
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Design and implement a conflict minerals policy; |
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Develop an organizational structure and processes intended to ensure that Suppliers are made aware of TIs
policy on CMs and that information received by TI that is relevant to supply-chain due diligence reaches TI employees who have knowledge of the SEC disclosure requirements; |
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Conformant means a Smelter has successfully completed an assessment against the applicable RMAP
standard or an equivalent cross-recognized assessment. |
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