Exhibit 1.01
CONFLICT MINERALS REPORT OF
THE
GORMAN-RUPP COMPANY
FOR THE REPORTING PERIOD FROM
JANUARY 1 TO DECEMBER 31, 2023
Introduction
This is the Conflict Minerals1 Report of The Gorman-Rupp Company (we, our,
us, or the Company) prepared for calendar year 2023 in accordance with Rule 13p-1 (Rule 13p-1) under the Securities Exchange Act of
1934 (the Act). Numerous terms in this Report are defined in Rule 13p-1 of the Act and SEC Release No. 34-67716 (August 22, 2012) under the Act (the
Adopting Release). The reader is referred to these sources for the definitions of defined terms contained herein.
In accordance with Rule 13p-1, we undertook efforts to determine the presence and source of the conflict minerals within our products. The Company designed its efforts in conformity with the internationally recognized due diligence
framework set forth in the Organisation for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk
Areas2 (OECD Due Diligence Guidance) and related Supplements.
The statements below
are based on the activities performed to date in good faith by the Company and are based on the infrastructure and information available at the time of this filing. Factors that could affect the accuracy of these statements include, but are not
limited to, incomplete supplier data or available smelter data, errors or omissions by suppliers or smelters, evolving identification of smelters, incomplete information from industry or other third-party sources, continuing guidance regarding the
SEC final rules, and other issues.
Overview
Company Profile
The Gorman-Rupp Company
(Registrant, Gorman-Rupp or the Company) was incorporated in Ohio in 1934. The Company is a leading designer, manufacturer and international marketer of pumps and pump systems for use in diverse water, wastewater,
construction, dewatering, industrial, petroleum, original equipment, agriculture, fire suppression, heating, ventilating and air conditioning (HVAC), military and other liquid-handling applications.
We are subject to this rule as we have determined that, during 2023, conflict minerals were likely necessary to the functionality or production of products we
manufactured or contracted to manufacture. The Company, as a purchaser of component parts, is many steps removed from the mining of conflict minerals.
We
do not purchase raw ore or unrefined conflict minerals and we conduct no purchasing activities directly in the DRC or adjoining countries.
1 |
The term conflict mineral is defined in Section 1502(e)(4) of the Dodd-Frank Wall Street
Reform and Consumer Protection Act as (A) columbite-tantalite, also known as coltan (the metal ore from which tantalum is extracted); cassiterite (the metal ore from which tin is extracted); gold; wolframite (the metal ore from which tungsten is
extracted); or their derivatives; or (B) any other mineral or its derivatives determined by the Secretary of State to be financing conflict in the Democratic Republic of the Congo (DRC) or an adjoining country.
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2 |
OECD (2016), OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and
High-Risk Areas: Third Edition, OECD Publishing, Paris. http://dx.doi.org/10.1787/9789264252479-en |