Exhibit 1.01
Conflict Minerals Report of Oracle Corporation for the Reporting Year Ended December 31, 2023
Section 1. Introduction
This Conflict Minerals
Report for Oracle Corporation (Oracle, we, us or our) for the year ended December 31, 2023 is presented to comply with Rule 13p-1 under the Securities
Exchange Act of 1934 (the Exchange Act). The U.S. Securities and Exchange Commission (the SEC) adopted Rule 13p-1 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 (CMs) are defined as columbite-tantalite (coltan), cassiterite, gold, wolframite and their derivatives,
which are limited to tin, tantalum and tungsten. Rule 13p-1 requires each SEC registrant to provide certain disclosures about CMs that are necessary to the functionality or production of products manufactured
by such registrant.
Pursuant to Rule 13p-1, if, based upon a reasonable country of origin inquiry, a
registrant has reason to believe that any of the CMs in its supply chain may have originated in the Democratic Republic of Congo or an adjoining country (together with the Democratic Republic of Congo, the Covered Countries), or if such
registrant is unable to determine the country of origin of those CMs, then it must file a Conflict Minerals Report with the SEC describing the due diligence measures it has undertaken or will undertake regarding the source and chain of custody of
the CMs. Due to our limited ability to determine the origin and chain of custody of CMs necessary to the functionality or production of our products as described below, we have filed this Conflict Minerals Report.
Section 2. Company Overview
Oracle provides
products and services that address enterprise information technology (IT) needs. Our products and services include enterprise applications and infrastructure offerings that are delivered worldwide through a variety of flexible and
interoperable IT deployment models. These models include on-premise, cloud-based and hybrid deployments (an approach that combines both on-premise and cloud-based
deployments), such as Oracle Exadata Cloud@Customer and Dedicated Region offerings (instances of Oracle Cloud in a customers own data center) and multicloud options that enable customers to use Oracle Cloud in conjunction with other public
clouds.
We have determined that components in our hardware products contain CMs and that they are necessary to the functionality of our hardware
products. Our hardware products include Oracle Engineered Systems, servers, storage and industry-specific products, among others. Our hardware business, which includes our hardware products
and related hardware support services offerings, represented 6% of our total revenues in fiscal 2023, 7% of our total revenues in fiscal 2022 and 8% of our total revenues in fiscal 2021. For further information about our hardware products, please
refer to Item 1 of our Annual Report on Form 10-K for the year ended May 31, 2023, which is incorporated herein by reference.
Section 3. Reasonable Country of Origin Inquiry
Our ability to determine the origin and chain of custody of CMs, and whether they directly or indirectly finance or benefit armed groups in any
Covered Country (the Conflict Status), is limited. Our hardware supply chain is multi-tiered, global and highly complex. We outsource the manufacturing, assembly and delivery of most of our hardware products to a variety of companies,
many of which are located outside the United States, and our hardware products incorporate components and subassemblies manufactured by many other global suppliers. We are multiple steps removed from the mining and smelting or refining of CMs, as
our third-party suppliers and manufacturers may themselves purchase components or subassemblies containing CMs from persons other than the miner, smelter or refiner of CMs. Due to the multiple layers of our global supply chain, we do not have
direct visibility into the sourcing, manufacturing and delivery processes through all levels of the hardware supply chain.
We rely on our direct
suppliers to provide information on the origin of the CMs contained in components and materials supplied to usincluding sources of CMs that are supplied to them from lower tier suppliers as described below.
Since it is not feasible to conduct due diligence on all of our suppliers, we conducted our CM Process (as defined below) by surveying our direct
hardware suppliers and manufacturers who collectively represented at least 85% or more of our total direct hardware supply chain expenditure in calendar year 2023, including acquired companies (collectively, our First-Tier Suppliers). We
believe that this approach is reasonable.
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