KEMET One of Six Companies to Submit Conflict Minerals Disclosure

Aug 04, 2015, 16:05 ET from KEMET Corporation

GREENVILLE, S.C., Aug. 4, 2015 /PRNewswire/ -- KEMET Corporation (NYSE: KEM), a leading global supplier of electronic components, is one of only six companies to submit a conflict minerals disclosure report to an external audit so far according to an August 3 Wall Street Journal article.

Since 2010, KEMET has taken a leading role in a project that focused on the sourcing of conflict-free tantalum ores from the Democratic Republic of Congo (DRC). This resulted in one of the electronics industry's first comprehensive, socially and economically sustainable sourcing models based on tantalum ore from the DRC and culminated in the only closed pipe, vertically integrated conflict-free supply chain.

"As one of the largest producers of tantalum capacitors, KEMET is proud of the positive, lasting impact we are making as we work to overcome the issues that perpetuate conflict and empower the DRC's mineworkers, their families and communities," said Per Loof, KEMET Chief Executive Officer. "We believe KEMET's innovative Partnership for Social and Economic Sustainability program can serve as a blueprint for responsible companies worldwide and demonstrate that solutions combining socially sustainability and economic interests are not mutually exclusive."

As outlined in the May 2015 conflict minerals disclosure, KEMET can describe its tantalum surface mount (MnO2), tantalum polymer surface mount (KO), ceramic surface mount and electrolytic non-surface mount capacitors as conflict-free. In the previous May 2014 conflict minerals disclosure, KEMET's report was the only independently audited report to have been filed with the SEC by a capacitor manufacturer.

For more information, please visit www.kemet.com/conflictfree.

About KEMET KEMET Corporation is a leading global supplier of electronic components. We offer our customers the broadest selection of capacitor technologies in the industry, along with an expanding range of electromechanical devices, electromagnetic compatibility solutions and supercapacitors. Our vision is to be the preferred supplier of electronic component solutions demanding the highest standards of quality, delivery and service. KEMET's common stock is listed on the NYSE under the symbol "KEM." Additional information about KEMET can be found at http://www.kemet.com.

Cautionary Statement on Forward-Looking Statements

Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about KEMET Corporation's (the "Company") financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.

Certain risks and uncertainties that could cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements are described in the Company's reports and filings with the Securities and Exchange Commission.

Contact: Dr. John C. Boan Vice President, Marketing johnnyboan@kemet.com 954.766.2813 

SOURCE KEMET Corporation



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