UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM SD

SPECIALIZED DISCLOSURE REPORT

GILAT SATELLITE NETWORKS LTD

(Exact name of registrant as specified in its charter)

ISRAEL

0-21218

N/A

(State or other jurisdiction of incorporation or organization)

(Commission file number)

(IRS Employer Identification No.)

Gilat House

21 Yegia Kapayim Street

Kiryat Arye, Petah Tikva, 4913020 Israel

(Address of principal executive offices)

Yael Shofar, General Counsel and Corporate Secretary, Tel. +972.3.9252000

(Name and telephone number, including area code, of the person to contact in connection with this report)

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

  • Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2021.

Section 1- Conflict Minerals Disclosures

Item 1.01 Conflict Minerals Disclosure and Report

Gilat Satellite Networks Ltd. (the "Company", "we" or "us") evaluated its current product lines and determined that certain products that we manufacture or contract to manufacture contain tin, tungsten, tantalum, or gold, which are defined as "conflict minerals" by the United States Securities and Exchange Commission, that are necessary to the functionality or production of our products. Accordingly, we are filing this disclosure along with a Conflict Minerals Report to disclose the measures we have taken to determine the origin of the conflict minerals used in our products.

Conflict Minerals Disclosure

A copy of the Company's Conflict Minerals Report is provided as Exhibit 1.01 hereto and is publicly available at https://www.gilat.com/investor-relations/sec-filing/

Item 1.02- Exhibits

Exhibit 1.01 - Conflict Minerals Report and 1.02 of this Form.

2

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

Gilat Satellite Networks Ltd.

(Registrant)

Dated: May 26, 2022

By: /s/ Yael Shofar

Yael Shofar

General Counsel and Corporate Secretary

3

Exhibit 1.01

Conflict Minerals Report of

Gilat Satellite Networks Ltd.

For the Year Ended December 31, 2021

Introduction

We are filing this report for the year ended December 31, 2021 pursuant to Rule 13p-1 (the "Rule") promulgated under the Securities Exchange Act of 1934, as amended. The Rule was adopted by the U.S. Securities and Exchange Commission (the "SEC") 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 (Dodd-Frank Act). The Rule imposes certain reporting obligations on SEC registrants whose manufactured products contain conflict minerals which are necessary to the functionality or production of their products. Conflict Minerals are defined as cassiterite, columbite-tantalite, gold, wolframite, and their derivatives, which are limited to tin, tantalum, tungsten and gold ("3TG") for the purpose of this assessment.

If a registrant has reason to believe that any of the conflict minerals in its supply chain may have originated in the Democratic Republic of the Congo or an adjoining country (the "Covered Countries"), or if it is unable to determine the country of origin of those conflict minerals, then the registrant must exercise due diligence on the conflict minerals' source and chain of custody. The registrant must annually submit the SEC a Conflict Minerals Report that includes a description of those due diligence measures.

As permitted by the Rule and the SEC, this report has not been subject to an independent private sector audit.

1. Company Overview

We are a worldwide leader in satellite networking technology, solutions and services of satellite-based broadband communications.

2. Products Overview

We design and manufacture ground-based satellite communications equipment and provide comprehensive solutions and end-to-end services powered by our innovative technology. Our portfolio includes a cloud-based satellite network platform, Very Small Aperture Terminals, or VSATs, amplifiers, high-speed modems, high performance on-the-move antennas and high efficiency, high-powerSolid-State Power Amplifiers, or SSPAs, Block Upconverters, or BUCs and Transceivers. Our solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, In-Flight Connectivity ("IFC"), maritime, trains, defense and public safety. The Company also provides connectivity services, internet access and telephony, to enterprise, government and residential customers utilizing both its own networks, and other networks that it installs, mainly based on Build Operate Transfer ("BOT") and Build Own Operate ("BOO") contracts. multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, or IFC, maritime, trains, defense and public safety, all while meeting the most stringent service level requirements. We have a large installed base, having sold over 1.6 million satellite terminals spanning approximately 100 countries and currently have hundreds of active networks.

We have a large installed base, having sold over 1.6 million satellite terminals spanning approximately 100 countries and currently have hundreds of active networks.

We provide managed network and services through terrestrial and satellite networks in addition to developing and marketing ground-based satellite communications equipment. We have proven experience in delivering complex projects and services worldwide. We offer complete turnkey integrated solutions, including:

  • Managed satellite network services solutions, including services over our own networks (which may include satellite capacity);
  • Network planning and optimization;
  • Remote network operation;
  • Call center support;
  • Hub and field operations; and
  • Construction and installation of communication networks, typically on a Build, Operate and Transfer, or BOT, or Build, Operate and Own, or BOO, contract basis.

In these BOT and BOO projects, we build telecommunication infrastructure typically using fiber-optic and wireless technologies for broadband connectivity.

The information includes the activities of all majority-owned subsidiaries and, when applicable, variable interest entities that are required to be consolidated.

3. Supply Chain Overview

Our supply chain is complex. There are multiple tiers between our company and the sources of the 3TG minerals. Accordingly, we rely on our direct suppliers to provide information on the origin of the 3TG minerals contained in components which are included in our products.

4. Reasonable Country of Origin Inquiry (RCOI)

We have conducted a Reasonable Country of Origin Inquiry ("RCOI") to determine whether any of the necessary 3TG minerals originated in Covered Countries and found that the 3TG minerals can be found in our products and are necessary to the functionality or production of those products. Therefore, we are subject to the reporting obligations of the Rule.

Due to the breadth and complexity of our products and supply chain, it will take time for many of our suppliers to verify the origin of all of the conflict minerals used in our products. Using our supply chain due diligence processes, we are working to develop transparency into our supply chain and drive accountability within the supply chain by employing the EICC/GeSI Responsible Minerals Initiative (formerly the Conflict Free Sourcing Initiative) (the "RMI") and by continuing our outreach efforts.

The methods we used to try to determine the origin of 3TG minerals in our products included:

  • sending letters to our direct suppliers, explaining the rule and referring the suppliers to online training materials and instructions;
  • soliciting survey responses from relevant suppliers of components of our products, using the standard Conflict Minerals Reporting Template designed by the RMI; and
  • reviewing responses that we received from our suppliers and following up on inconsistent, incomplete and evident inaccurate responses.

5. Design of Our Due Diligence

Based on the findings of our RCOI, we designed our due-diligence process based on the Organization for Economic Co-operation and Development's ("OECD") publication "OECD (2016), OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas: Third Edition, OECD Publishing, Paris. http://dx.doi.org/10.1787/9789264252479- en (the "OECD Guidance") and the related supplements for 3TG minerals.

2

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Gilat Satellite Networks Ltd. published this content on 26 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2022 13:31:02 UTC.