Exhibit 1.01
Peraso Inc.
Conflict Minerals Report
For the year ended December 31, 2025
This Conflict Minerals Report of Peraso Inc. (“Peraso” or the “Company”) for the reporting period January 1, 2025 to December 31, 2025 is provided in accordance with Rule 13p-1 under the Securities Exchange Act of 1934, as amended (“Rule 13p-1”). Rule 13p-1 was adopted by the Securities and Exchange Commission to implement reporting and disclosure requirements related to Conflict Minerals, as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Conflict Minerals are defined as columbite-tantalite (coltan), cassiterite, gold and wolframite, including their derivatives, which are limited to tantalum, tin and tungsten (collectively, “3TG”), that originate in the Democratic Republic of the Congo or an adjoining country (collectively, the “Covered Countries”).
The Company is a fabless semiconductor company specializing in the development of millimeter wave, which is generally described as the frequency band from 24 Gigahertz (“GHz”) to 300 GHz, wireless technology. Prior to April 2024, the Company also manufactured and sold high-performance memory semiconductor devices and received royalties from licensees of its memory technology. The Company derives revenue from selling its semiconductor devices and antenna modules, performance of non-recurring engineering services and licensing of its technologies. As a fabless semiconductor company, Peraso does not purchase directly from smelters or refineries and must rely upon its manufacturing subcontractors to: (i) identify whether 3TG minerals are used in the manufacture of Peraso’s products, (ii) identify the sources of 3TG used in the manufacture of Peraso products, and (iii) declare whether any of the 3TG minerals used is a Conflict Mineral. Peraso has determined that at least one or more of the 3TG is necessary to produce one or more Peraso integrated circuit products. In particular, the Company believes some material used by its foundries to produce the silicon wafers for one or more of the Company’s products contains at least one of the 3TG.
The Company has conducted a good faith reasonable country of origin inquiry regarding the 3TG contained in its products, which inquiry was designed to determine (a) whether any of the 3TG contained in its products originated in the Covered Countries and (b) whether any of the 3TG are from recycled or scrap sources. The Company also exercised due diligence on the chain of custody and source of the 3TG.
Peraso’s due diligence measures were designed to conform, in all material respects, with the framework in the Organization for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (the “OECD Framework”). The objectives of the Company’s diligence initiative were to determine, to the best of its ability, the source and chain of custody of the 3TG necessary for the functionality and/or production of its products; whether any such 3TG originated in the Covered Countries or are from recycled or scrap sources; and where such 3TG were determined to have originated in Covered Countries and whether armed groups directly or indirectly benefited from such 3TG.
As Peraso is downstream in the semiconductor supply chain, the Company is many steps removed from the mining of conflict minerals. The components and materials contained in its products are supplied by a large number of suppliers, through multiple tiers of distribution. Once minerals are in the supply chain, determining the smelter or the origin of minerals is a challenging process, and Peraso recognizes the limitations inherent as to what is able to identify and control.
Consistent with these limitations, the OECD Guidance acknowledges that the requirements for compliance should reflect a company's position in the supply chain. In particular, the OECD Guidance states that the implementation of due diligence should be tailored to a company's activities and relationships and that the nature and extent of due diligence may vary based on a company's size, products, relationships with suppliers and other factors. Due to practical difficulties associated with supply chain complexities, the OECD Guidance advises that downstream companies exercise due diligence primarily by establishing controls over their immediate suppliers. The Responsible Minerals Initiative (“RMI”) guidance on implementing the OECD Guidance further recommends that, in conducting due diligence, downstream companies identify relevant or highest priority "tier-1" ( direct) suppliers and focus their due diligence efforts on those priority suppliers first.
Because some of the information provided by Peraso suppliers is incomplete and not all smelters have been identified under the CFS program as conflict-free, Peraso is unable to determine if its products are entirely conflict-free; however, the Company does not have any information indicating that any of the 3TG used by Peraso’s manufacturing suppliers originate from the Covered Countries.
Based on the information provided by the Company’s suppliers and obtained through the due diligence process, set forth below is a list of CFS program-certified conflict-free facilities identified by the Company’s supply chain:
Mineral |
Smelter or Refiner Facility Name | Smelter ID | Country | |||
| Gold | Abington Reldan Metals, LLC. | CID002708 | USA | |||
| Gold | Advanced Chemical Company | CID000015 | USA | |||
| Gold | Agosi AG | CID000035 | Germany | |||
| Gold | Aida Chemical Industries Co., Ltd. | CID000019 | Japan | |||
| Gold | Almalyk Mining and Metallurgical Complex (AMMC) | CID000041 | Uzbekistan | |||
| Gold | AngloGold Ashanti Corrego do Sitio Mineracao | CID000058 | Brazil | |||
| Gold | Argor-Heraeus S.A. | CID000077 | Switzerland | |||
| Gold | Asahi Metalfine, Inc. | CID000082 | Japan | |||
| Gold | Asahi Refining Canada Ltd. | CID000924 | Canada | |||
| Gold | Asahi Refining USA Inc. | CID000920 | USA | |||
| Gold | Asaka Riken Co., Ltd. | CID000090 | Japan | |||
| Gold | Aurubis AG | CID000113 | Germany | |||
| Gold | Bangalore Refinery | CID002863 | India | |||
| Gold | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | CID000128 | Philippines | |||
| Gold | Boliden Ronnskar | CID000157 | Sweden | |||
| Gold | C. Hafner GmbH + Co. KG | CID000176 | Germany | |||
| Gold | CCR Refinery - Glencore Canada Corporation | CID000185 | Canada | |||
| Gold | Chimet S.p.A. | CID000233 | Italy | |||
| Gold | Chugai Mining | CID000264 | Japan | |||
| Gold | Coimpa Industrial LTDA | CID004010 | Brazil | |||
| Gold | Dowa | CID000401 | Japan | |||
| Gold | DSC (Do Sung Corporation) | CID000359 | Korea, Republic of | |||
| Gold | Eco-System Recycling Co., Ltd. East Plant | CID000425 | Japan | |||
| Gold | Eco-System Recycling Co., Ltd. North Plant | CID003424 | Japan | |||
| Gold | Eco-System Recycling Co., Ltd. West Plant | CID003425 | Japan | |||
| Gold | Elite Industech Co., Ltd | CID004755 | Province of China | |||
| Gold | GG Refinery Ltd. | CID004506 | Tanzania | |||
| Gold | Gold by Gold Columbia | CID003641 | Colombia | |||
| Gold | Gold Refinery of Zijin Mining Group Co., Ltd. | CID002243 | China | |||
| Gold | Heimerle + Meule GmbH | CID000694 | Germany | |||
| Gold | Heraeus Metals Hong Kong Ltd. | CID000707 | China | |||
| Gold | Heraeus Germany GmbH & Co. KG | CID000711 | Germany | |||
| Gold | Impala Platinum – Rustenburg Smelter | CID004610 | South Africa | |||
| Gold | Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd. | CID000801 | China | |||
| Gold | Ishifuku Metal Industry Co., Ltd. | CID000807 | Japan | |||
| Gold | Istanbul Gold Refinery | CID000814 | Turkey | |||
| Gold | Italpreziosi | CID002765 | Italy | |||
| Gold | Japan Mint | CID000823 | Japan | |||
| Gold | Jiangxi Copper Co., Ltd. | CID000855 | China | |||
| Gold | JX Nippon Mining & Metals Co., Ltd. | CID000937 | Japan | |||
| Gold | Kazzinc | CID000957 | Kazakhstan | |||
| Gold | Kennecott Utah Copper LLC | CID000969 | USA | |||
| Gold | KGHM Polska Miedz Spolka Akcyjna | CID002511 | Poland | |||
| Gold | Kojima Chemicals Co., Ltd. | CID000981 | Japan | |||
| Gold | Korea Zinc Co., Ltd. | CID002605 | Korea, Republic of | |||
| Gold | L’Orfebre S.A. | CID002762 | Andorra | |||
| Gold | LS MnM Inc. | CID001078 | Korea, Republic of | |||
| Gold | LT Metal Ltd. | CID000689 | Korea, Republic of |
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Mineral |
Smelter or Refiner Facility Name | Smelter ID | Country | |||
| Gold | Materion | CID001113 | USA | |||
| Gold | Matsuda Sangyo Co., Ltd. | CID001119 | Japan | |||
| Gold | Metal Concentrators SA (Pty) Ltd. | CID003575 | South Africa | |||
| Gold | Metalor Technologies (Hong Kong) Ltd. | CID001149 | China | |||
| Gold | Metalor Technologies (Singapore) Pte., Ltd. | CID001152 | Singapore | |||
| Gold | Metalor Technologies (Suzhou) Ltd. | CID001147 | China | |||
| Gold | Metalor Technologies S.A. | CID001153 | Switzerland | |||
| Gold | Metalor USA Refining Corporation | CID001157 | USA | |||
| Gold | Metalurgica Met-Mex Penoles S.A. De C.V. | CID001161 | Mexico | |||
| Gold | Mitsubishi Materials Corporation | CID001188 | Japan | |||
| Gold | Mitsui Mining and Smelting Co., Ltd. | CID001193 | Japan | |||
| Gold | MKS PAMP SA | CID001352 | Switzerland | |||
| Gold | MMTC-PAMP India Pvt., Ltd. | CID002509 | India | |||
| Gold | Nadir Metal Rafineri San. Ve Tic. A.S. | CID001220 | Turkey | |||
| Gold | Navoi Mining and Metallurgical Combinat | CID001236 | Uzbekistan | |||
| Gold | NH Recytech Company | CID003189 | Korea, Republic of | |||
| Gold | Nihon Material Co., Ltd. | CID001259 | Japan | |||
| Gold | Ogussa Osterreichische Gold- und Silber-Scheideanstalt GmbH | CID002779 | Austria | |||
| Gold | Ohura Precious Metal Industry Co., Ltd. | CID001325 | Japan | |||
| Gold | Planta Recuperadora de Metales SpA | CID002919 | Chile | |||
| Gold | PT Aneka Tambang (Persero) Tbk | CID001397 | Indonesia | |||
| Gold | PX Precinox S.A. | CID001498 | Switzerland | |||
| Gold | Rand Refinery (Pty) Ltd. | CID001512 | South Africa | |||
| Gold | REMONDIS PMR B.V. | CID002582 | Netherlands | |||
| Gold | Royal Canadian Mint | CID001534 | Canada | |||
| Gold | SAFINA A.S. | CID002290 | Czechia | |||
| Gold | SEMPSA Joyeria Plateria S.A. | CID001585 | Spain | |||
| Gold | Shandong Gold Smelting Co., Ltd. | CID001916 | China | |||
| Gold | Shandong Zhaojin Gold & Silver Refinery Co., Ltd. | CID001622 | China | |||
| Gold | Sichuan Tianze Precious Metals Co., Ltd. | CID001736 | China | |||
| Gold | Solar Applied Materials Technology Corp. | CID001761 | Taiwan, Province of China | |||
| Gold | Sumitomo Metal Mining Co., Ltd. | CID001798 | Japan | |||
| Gold | SungEel HiMetal Co., Ltd. | CID002918 | Korea, Republic of | |||
| Gold | T.C.A S.p.A | CID002580 | Italy | |||
| Gold | Tanaka Kikinzoku Kogyo K.K. | CID001875 | Japan | |||
| Gold | Tokuriki Honten Co., Ltd. | CID001938 | Japan | |||
| Gold | TOO Tau-Ken-Altyn | CID002615 | Kazakhstan | |||
| Gold | Torecom | CID001955 | Korea, Republic of | |||
| Gold | Umicore S.A. Business Unit Precious Metals Refining | CID001980 | Belgium | |||
| Gold | United Precious Metal Refining, Inc. | CID001993 | USA | |||
| Gold | Valcambi S.A. | CID002003 | Switzerland | |||
| Gold | WEEEREFINING | CID003615 | France | |||
| Gold | Western Australian Mint (T/a The Perth Mint) | CID002030 | Australia | |||
| Gold | WIELAND Edelmetalle GmbH | CID002778 | Germany | |||
| Gold | Yamakin Co., Ltd. | CID002100 | Japan | |||
| Gold | Yokohama Metal Co., Ltd. | CID002129 | Japan | |||
| Gold | Zhongyuan Gold Smelter of Zhongjin Gold Corporation | CID002224 | China | |||
| Tantalum | AMG Brasil | CID001076 | Brazil |
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Mineral |
Smelter or Refiner Facility Name | Smelter ID | Country | |||
| Tantalum | Changsha South Tantalum Niobium Co., Ltd. | CID000211 | China | |||
| Tantalum | D Block Metals, LLC | CID002504 | USA | |||
| Tantalum | F&X Electro-Materials Ltd. | CID000460 | China | |||
| Tantalum | FIR Metals & Resource Ltd. | CID002505 | China | |||
| Tantalum | Global Advanced Metals Aizu | CID002558 | Japan | |||
| Tantalum | Global Advanced Metals Boyertown | CID002557 | USA | |||
| Tantalum | Guangdong Rising Rare Metals-EO Materials Ltd. | CID000291 | China | |||
| Tantalum | Hengyang King Xing Lifeng New Materials Co., Ltd. | CID002492 | China | |||
| Tantalum | Jiangxi Dinghai Tantalum & Niobium Co., Ltd. | CID002512 | China | |||
| Tantalum | Jiangxi Tuohong New Raw Material | CID002842 | China | |||
| Tantalum | JiuJiang JinXin Nonferrous Metals Co., Ltd. | CID000914 | China | |||
| Tantalum | Jiujiang Tanbre Co., Ltd. | CID000917 | China | |||
| Tantalum | Jiujiang Zhongao Tantalum & Niobium Co., Ltd. | CID002506 | China | |||
| Tantalum | KEMET de Mexico | CID002539 | Mexico | |||
| Tantalum | Materion Newton Inc. | CID001113 | USA | |||
| Tantalum | Metallurgical Products India Pvt., Ltd. | CID001163 | India | |||
| Tantalum | Mineracao Taboca S.A. | CID001175 | Brazil | |||
| Tantalum | Mitsui Mining and Smelting Co., Ltd. | CID001192 | Japan | |||
| Tantalum | Ningxia Orient Tantalum Industry Co., Ltd. | CID001277 | China | |||
| Tantalum | NPM Silmet AS | CID001200 | Estonia | |||
| Tantalum | PowerX Ltd. | CID004054 | Rwanda | |||
| Tantalum | QuantumClean | CID001508 | USA | |||
| Tantalum | Resind Industria e Comercio Ltda. | CID002707 | Brazil | |||
| Tantalum | RFH Yancheng Jinye New Material Technology Co., Ltd. | CID003583 | China | |||
| Tantalum | Taki Chemical Co., Ltd | CID001869 | Japan | |||
| Tantalum | TANIOBIS Co., Ltd | CID002544 | Thailand | |||
| Tantalum | TANIOBIS Smelting GmbH & Co. KG | CID002550 | Germany | |||
| Tantalum | TANIOBIS GmbH | CID002545 | Germany | |||
| Tantalum | TANIOBIS Japan Co., Ltd | CID002549 | Japan | |||
| Tantalum | Telex Metals | CID001891 | USA | |||
| Tantalum | Ulba Metallurgical Plant JSC | CID001969 | Kazakhstan | |||
| Tantalum | Ximei Resources (Guangdong) Limited | CID000616 | China | |||
| Tantalum | XinXing HaoRong Electronic Material Co., Ltd. | CID002508 | China | |||
| Tantalum | Yanling Jincheng Tantalum & Niobium Co., Ltd. | CID001522 | China | |||
| Tin | Alpha Assembly Solutions Inc. | CID000292 | USA | |||
| Tin | Aurubis Beerse | CID002773 | Belgium | |||
| Tin | Aurubis Berango | CID002774 | Spain | |||
| Tin | Chenzhou Yunxiang Mining and Metallurgy Co., Ltd. | CID000228 | China | |||
| Tin | Chifeng Dajingzi Tin Industry Co., Ltd | CID003190 | China | |||
| Tin | China Tin Group Co., Ltd. | CID001070 | China | |||
| Tin | CRM Fundicao De Metais E Comercio De Equipamentos Eletronicos Do Brasil Ltda | CID003486 | Brazil | |||
| Tin | CRM Synergies | CID003524 | Spain | |||
| Tin | CV Ayi Jaya | CID002570 | Indonesia | |||
| Tin | Dowa | CID000402 | Japan | |||
| Tin | DS Myanmar | CID003831 | Myanmar | |||
| Tin | EM Vinto | CID000438 | Bolivia (Plurinational State of) |
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Mineral |
Smelter or Refiner Facility Name | Smelter ID | Country | |||
| Tin | Estanho de Rondonia S.A. | CID000448 | Brazil | |||
| Tin | Fabrica Auricchio Industria e Comercio Ltda. | CID003582 | Brazil | |||
| Tin | Fenix Metals | CID000468 | Poland | |||
| Tin | Gejiu Non-Ferrous Metal Processing Co., Ltd. | CID000538 | China | |||
| Tin | Global Advanced Metals Greenbushes Pty Ltd. | CID004754 | Australia | |||
| Tin | Guangdong Hanhe Non-Ferrous Metal Co., Ltd. | CID003116 | China | |||
| Tin | HuiChang Hill Tin Industry Co., Ltd. | CID002844 | China | |||
| Tin | Jiangxi New Nanshan Technology Ltd. | CID001231 | China | |||
| Tin | Luna Smelter, Ltd. | CID003387 | Rwanda | |||
| Tin | Magnu’s Minerais Metais e Ligas Ltda. | CID002468 | Brazil | |||
| Tin | Malaysia Smelting Corporation (MSC) | CID001105 | Malaysia | |||
| Tin | Malaysia Smelting Corporation Berhad (Port Klang) | CID004434 | Malaysia | |||
| Tin | Metallic Resources, Inc. | CID001142 | USA | |||
| Tin | Mineracao Taboca S.A. | CID001173 | Brazil | |||
| Tin | Mining Minerals Resources SARL | CID004065 | Congo, Democratic Republic of the | |||
| Tin | Minsur | CID001182 | Peru | |||
| Tin | Mitsubishi Materials Corporation | CID001191 | Japan | |||
| Tin | O.M. Manufacturing (Thailand) Co., Ltd. | CID001314 | Thailand | |||
| Tin | O.M. Manufacturing Philippines, Inc. | CID002517 | Philippines | |||
| Tin | Operaciones Metalurgicas S.A. | CID001337 | Bolivia (Plurinational State of) | |||
| Tin | PT Arsed Indonesia | CID005067 | Indonesia | |||
| Tin | PT ATD Makmur Mandiri Jaya | CID002503 | Indonesia | |||
| Tin | PT-Bangka Prima Tin | CID002776 | Indonesia | |||
| Tin | PT Cipta Persada Mulia | CID002696 | Indonesia | |||
| Tin | PT Mitra Stania Prima | CID001453 | Indonesia | |||
| Tin | PT Mitra Sukses Globalindo | CID003449 | Indonesia | |||
| Tin | PT-Premium Tin Indonesia | CID000313 | Indonesia | |||
| Tin | PT Prima Timah Utama | CID001458 | Indonesia | |||
| Tin | PT Putera Sarana Shakti (PT PSS) | CID003868 | Indonesia | |||
| Tin | PT Rajehan Ariq | CID002593 | Indonesia | |||
| Tin | PT Timah Tbk Kundur | CID001477 | Indonesia | |||
| Tin | PT Timah Tbk Mentok | CID001482 | Indonesia | |||
| Tin | Resind Industria e Comercio Ltda. | CID002706 | Brazil | |||
| Tin | Rui Da Hung | CID001539 | Taiwan, Province of China | |||
| Tin | Soft Metais Ltda. | CID001758 | Brazil | |||
| Tin | Super Ligas | CID002756 | Brazil | |||
| Tin | Takehara PVD Materials Plant/Division of Mitsui Mining | CID004403 | Japan | |||
| Tin | Thaisarco | CID001898 | Thailand | |||
| Tin | Tin Smelting Branch of Yunnan Tin Co., Ltd. | CID002180 | China | |||
| Tin | Tin Technology & Refining | CID003325 | USA |
5
Mineral |
Smelter or Refiner Facility Name | Smelter ID | Country | |||
| Tin | White Solder Metalurgia e Mineracao Ltda. | CID002036 | Brazil | |||
| Tin | Woodcross Smelting Company Limited | CID004724 | Uganda | |||
| Tin | Yunnan Chengfeng Non-ferrous Metals Co., Ltd. | CID002158 | China | |||
| Tin | Yunnan Yunfan Non-ferrous Metals Co., Ltd. | CID003397 | China | |||
| Tungsten | A.L.M.T. Corp. | CID000004 | Japan | |||
| Tungsten | Asia Tungsten Products Vietnam Ltd. | CID002502 | Vietnam | |||
| Tungsten | China Molybdenum Tungsten Co., Ltd. | CID002641 | China | |||
| Tungsten | Chongyi Zhangyuan Tungsten Co., Ltd. | CID000258 | China | |||
| Tungsten | Cronimet Brasil Ltda | CID003468 | Brazil | |||
| Tungsten | Fujian Xinlu Tungsten | CID003609 | China | |||
| Tungsten | Ganzhou Jiangwu Ferrotungsten Co., Ltd. | CID002315 | China | |||
| Tungsten | Ganzhou Seadragon W & Mo Co., Ltd. | CID002494 | China | |||
| Tungsten | Global Tungsten & Powders Corp. | CID000568 | USA | |||
| Tungsten | Guangdong Xianglu Tungsten Co., Ltd. | CID000218 | China | |||
| Tungsten | H.C. Starck Tungsten GmbH | CID002541 | Germany | |||
| Tungsten | Hubei Green Tungsten Co., Ltd. | CID003417 | China | |||
| Tungsten | Hunan Chenzhou Mining Co., Ltd. | CID000766 | China | |||
| Tungsten | Hunan Shizhuyuan Nonferrous Metals Co., Ltd. Chenzhou Tungsten Products Branch | CID002513 | China | |||
| Tungsten | Japan New Metals Co., Ltd. | CID000825 | Japan | |||
| Tungsten | Jiangwu H.C. Starck Tungsten Products Co., Ltd. | CID002551 | China | |||
| Tungsten | Jiangxi Gan Bei Tungsten Co., Ltd. | CID002321 | China | |||
| Tungsten | Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. | CID002318 | China | |||
| Tungsten | Jiangxi Xinsheng Tungsten Industry Co., Ltd. | CID002317 | China | |||
| Tungsten | Jiangxi Yaosheng Tungsten Co., Ltd. | CID002316 | China | |||
| Tungsten | KENEE MINING VIETNAM Co. Ltd. | CID004619 | Vietnam | |||
| Tungsten | Kennametal Fallon | CID000966 | USA | |||
| Tungsten | Kennametal Huntsville | CID000105 | USA | |||
| Tungsten | Lianyou Metals Co., Ltd. | CID003407 | Taiwan, Province of China | |||
| Tungsten | Lianyou Resources Co., Ltd. | CID004397 | Taiwan, Province of China | |||
| Tungsten | Malipo Haiyu Tungsten Co., Ltd. | CID002319 | China | |||
| Tungsten | Masan High-Tech Materials | CID002543 | Vietnam | |||
| Tungsten | Niagara Refining LLC | CID002589 | USA | |||
| Tungsten | Philippine Chuangxin Industrial Co., Inc. | CID002827 | Philippines | |||
| Tungsten | Shinwon Tungsten (Fujian Shanghang) Co., Ltd. | CID004430 | China | |||
| Tungsten | TANIOBIS Smelting GmbH & Co. KG | CID002542 | Germany | |||
| Tungsten | Tungsten Vietnam Joint Stock Company | CID003993 | Vietnam | |||
| Tungsten | Wolfram Bergbau und Hutten AG | CID002044 | Austria | |||
| Tungsten | Xiamen Tungsten (H.C.) Co., Ltd. | CID002320 | China | |||
| Tungsten | Xiamen Tungsten Co., Ltd. | CID002082 | China |
The Company has communicated its expectations, as reflected in its Conflict Minerals Policy, to its manufacturing suppliers. The Company continues to engage with its suppliers to update their information on the source and chain of custody of conflict minerals in Peraso’s supply chain and to request that all smelters utilized by its suppliers agree to participate in the RMI or equivalent program.
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