EXHIBIT 1.01
DANA INCORPORATED
Conflict Minerals Report
For the Year Ended December 31, 2023
Overview
Dana Incorporated (NYSE: DAN),
is a U.S. based company with a history dating back to 1904. It is a world leader in providing power-conveyance and energy-management solutions for vehicles and machinery. The companys portfolio improves the efficiency, performance, and
sustainability of light vehicles, commercial vehicles, and off-highway equipment. From axles, driveshafts, transmissions, sealing and thermal products to electrification products including motors, inverters,
controllers, e-sealing, e-thermal and digital solutions, Dana supplies nearly every major vehicle manufacturer in the world. As of December 31, 2023, Dana employed
approximately 41,800 people and operated in 31 countries.
As described in further detail below, we rely on our direct suppliers to
provide information on the origins of tin, tantalum, tungsten and gold (3TG) contained in components and materials supplied to us, including sources of 3TG that are supplied to them from lower tier suppliers. To obtain this information, in
accordance with the OECD Guidance (as defined below), we sent a Request For Information (RFI) to direct suppliers representing approximately 7% of our supplier shipping locations for direct components. In addition, all of our supply agreements
require our suppliers to provide information about the source of 3TG and smelters.
We have adopted the following Conflict Minerals
Policy:
As a company with sales and manufacturing operations throughout the world, we support the sourcing of minerals
responsibly, as set out in our Standards of Business Conduct. We support ending the violence and human rights violations in the mining of certain minerals from a location described as the Conflict Region, which is in the Democratic
Republic of the Congo (DRC) and neighboring countries. The U.S. Securities and Exchange Commission (SEC) adopted final rules 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. The rules require manufacturers who file certain reports with the SEC to disclose whether the products they manufacture or contract to manufacture contain conflict minerals that are
necessary to the functionality or production of those products.
The definition of conflict
minerals refers to gold, as well as tin, tantalum, and tungsten, the derivatives of cassiterite, columbite-tantalite, and wolframite, regardless of where they are sourced, processed or sold. The U.S. Secretary of State may designate other
minerals in the future. We support these requirements to further the humanitarian goal of ending violent conflict in the DRC and in surrounding countries, which has been partially financed by the exploitation and trade of conflict
minerals.