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    SEC Form SD filed by Axcelis Technologies Inc.

    5/6/25 4:30:22 PM ET
    $ACLS
    Industrial Machinery/Components
    Technology
    Get the next $ACLS alert in real time by email
    SD 1 tm2514047d1_sd.htm FORM SD

     

        OMB APPROVAL
        OMB Number: 3235-0697
    Expires: August 31, 2027 Estimated
    average burden hours per
    response.427.17

     

     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

    FORM SD

    Specialized Disclosure Report

     

    AXCELIS TECHNOLOGIES, INC.

    (Exact name of registrant as specified in its charter)

     

    Delaware, USA

    (State or other jurisdiction

    of incorporation or organization)

     

    000-30941

    (Commission

    File Number)

     

    34-1818596

    (IRS Employer

    Identification No.)

     

    108 Cherry Hill Drive, Beverly, Massachusetts

    (Address of principal executive offices)

     

    01915

    (Zip Code)

     

    Eileen J. Evans, Executive Vice President and General Counsel, 978-787-2439

    (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:

     

    x Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2024.

     

     

     

     

     

     

    Section 1 - Conflict Minerals Disclosure

     

    Item 1.01 Conflict Minerals Disclosure and Report

     

    a) Conflict Minerals in Products.

     

    Conflict minerals, as defined in Item 1.01 of Form SD, are necessary to the functionality or production of products manufactured by Axcelis Technologies, Inc. (“Axcelis,” or the “Company”) or contracted by the Company to be manufactured (the “Company’s Products”) as defined in Rule 13p-1 under the Securities Exchange Act of 1934, as amended (the “Rule”) and for which manufacturing was completed in the period from January 1, 2024 to December 31, 2024. Accordingly, we are filing this Form SD for the calendar year covered by this report, as required by the Rule.

     

    b) Implementation and Results of our Reasonable Country of Origin Inquiry.

     

    The Company has conducted in good faith a reasonable country of origin inquiry (“RCOI”) that was reasonably designed to determine whether any of the conflict minerals in the Company’s Products originated in the Democratic Republic of the Congo or an adjoining country or are from recycled or scrap sources. To implement our RCOI:

     

    1.          Beginning in 2012, we communicated the Company’s sourcing policy and commitments to our suppliers;

     

    2.          Beginning in 2013, we educated our suppliers about the conflict minerals reporting obligation;

     

    3.          Each year since 2014, we have annually conducted a RCOI and related due diligence pertaining to the prior calendar year;

     

    4.          Specifically for the RCOI for the calendar year 2024, we began with our request for information from our 2024 material suppliers on February 10, 2025, using an on-line survey regarding the mineral content of the parts they sell us, their knowledge on the source of any conflict minerals, including whether the conflict minerals come from recycled or scrap sources (the “Survey”); this collection continued until April 29, 2025 (including follow-up by email and/or phone).

     

    The Survey was sent to 1,231 suppliers of material included in the Company’s Products. We received responses to the Survey and other responses from 250 different supplier divisions/locations, of which 18 indicated that they had no 2024 sales to the Company, for a net of 232 supplier divisions/locations with 2024 sales. Responses included emails, letters, copies of applicable policies, and completed Conflict Mineral Reporting Templates published by the Responsible Minerals Initiative of the Responsible Business Alliance (formerly known as the Conflict-Free Sourcing Initiative of the Electronic Industry Citizenship Coalition).  All of these responses were reviewed and categorized. At the conclusion of this process, we had responses from suppliers of parts or components included in Products representing 87.86% of the total dollars spent on materials for the Company’s Products in 2024.

     

     

     

     

    As of April 29, 2025, 159 of the supplier responses with 2024 sales (59% of all such supplier responses) asserted that either:

     

    (A)       no conflict minerals were present in the materials sold to the Company by the supplier; or

     

    (B)       the conflict minerals in the materials sold to the Company by the supplier did not originate in the Democratic Republic of the Congo or an adjoining country or the supplier had no reason to believe that the conflict minerals in the materials sold to the Company may have originated in the Democratic Republic of the Congo or an adjoining country; or

     

    (C)       the conflict minerals in the materials sold to the Company came from recycled or scrap sources.

     

    Also as of April 29, 2025, twenty-five (25) of the responding suppliers had not provided sufficient clarity to determine whether they could be placed in the above categories or not, despite our efforts to obtain clear information.

     

    (c) Due Diligence on Specific Conflict Mineral Sources.  Forty-eight (48) responding suppliers (21% of all responding suppliers with 2024 sales) indicated that (1) one or more conflict mineral was incorporated in the materials sold to the Company and (2) they knew or had reason to believe such conflict minerals originated in the Democratic Republic of the Congo or an adjoining country and did not come from recycled or scrap sources. Accordingly, we have exercised due diligence on the source and chain of custody of these conflict minerals that conforms to the Supplement on Tin, Tantalum and Tungsten and the Supplement on Gold included in the Organisation for Economic Co-operation and Development (“OECD”) framework: OECD (2013), OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas: Second Edition. The Company has filed a Conflict Minerals Report with respect to these conflict minerals.

     

    This Form SD and the Conflict Minerals Report have been disclosed on our publicly available Internet website, axcelis.com, under a heading entitled “Axcelis Form SD and Conflict Mineral Report” which may be found under the Investors, ESG, and ESG Documents Hub tabs.

     

    Item 1.02. Exhibit

     

    In accordance with Rule 13p-1 under the Securities Exchange Act of 1934, Axcelis is filing as an exhibit to this Form SD, the Conflict Minerals Report required by Item 1.01.

     

    Section 2 — Exhibits

     

    Item 2.01 Exhibits

     

    The following exhibit is filed as part of this Report

     

    Exhibit 1.01 — Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.

     

     

     

     

    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.

     

    AXCELIS TECHNOLOGIES, INC.    
    (Registrant)    
         
    /s/ Eileen J. Evans   May 6, 2025
    By Eileen J. Evans, Executive Vice President, HR/Legal and General Counsel   (Date)

     

     

     

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