RESPONSIBLE SOURCING

As a leader in the precious metals industry, MS Refining recognizes the significant responsibility it holds in developing, implementing, and continuously enhancing systems aimed at identifying and preventing commercial activities that support the financing of armed groups, human rights violations, money laundering, terrorist financing, and other unlawful practices. MS Refining collaborates closely with all precious metals suppliers to ensure their awareness of our Precious Metals Procurement Policy and to guarantee that the materials they provide to MS Refining do not contribute to such illicit activities. MS Refining has assigned specific organizational responsibilities and established comprehensive requirements for due diligence, transaction monitoring, training, record-keeping, and reporting, as delineated in our Precious Metals Procurement Procedures.