Exhibit 1.01
PACCAR Inc Conflict Minerals Report for Calendar Year 2023
PACCAR Inc (PACCAR) has prepared this report in accordance with Rule 13p-1 under the Securities Exchange
Act of 1934 (Rule 13p-1), which implements the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 for disclosure by registrants concerning the use of Conflict
Minerals (gold, tin, tungsten or tantalum) in their products.
PACCAR Products
PACCAR manufactures commercial vehicles sold worldwide under the Kenworth, Peterbilt and DAF nameplates, and industrial winches sold under the Braden, Carco
and Gearmatic nameplates. Additional information regarding these products may be found at PACCAR.com and in PACCARs 2023 Form 10-K.
Management Systems and Due Diligence
PACCAR formed a
committee to lead its Conflict Minerals efforts. The committee reviewed the requirements of Rule 13p-1, and developed a plan for complying with its requirements, which included initiating best practices
benchmarking with other original equipment manufacturers (OEMs) and key suppliers, and developing internal structures to support the development and implementation of those efforts.
PACCAR has informed its suppliers of its commitment to complying with Rule 13p-1s requirements concerning
Conflict Minerals and to implementing a due diligence process, based on the Organization for Economic Cooperation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas:
Second Edition (OECD 2013), to mitigate the risk of inclusion in its products of Conflict Minerals that are not Conflict Free. A copy of PACCARs Conflict Minerals Policy can be found at: https://investors.paccar.com/esg/default.aspx
After determining that Conflict Minerals were necessary to the production or function of its products, PACCAR conducted a reasonable country of
origin inquiry (RCOI) and, as necessary, further due diligence, to determine if any Conflict Minerals contained in its products originated in the Democratic Republic of the Congo or adjoining countries (the Conflict Area) or were from
recycled or scrap sources. The inquiry and due diligence included the following steps:
PACCAR transmitted a notice to approximately 400 of its largest
production suppliers worldwide, which represented approximately 94.6% of PACCAR global production purchases, informing them of the need to complete the RCOI in 2023 to meet Rule 13p-1.
PACCAR adopted the RCOI approach developed through the efforts of the Automotive Industry Action Group (AIAG), and utilized the template developed by the
Responsible Minerals Initiative (RMI) and the Global e-Sustainability Initiative (GeSI) referred to as the Conflict Minerals Reporting Template (CMRT). To increase consistency and minimize duplicate efforts in
the reports requested from suppliers, PACCAR is registered and engaged with Source Intelligence to conduct its RCOI with its suppliers and to report conflict mineral information using the CMRT. Source Intelligence follows the relevant RCOI
recommendations of the OECD Due Diligence Guidance for Responsible Supply Chains. The RCOI process requests the names of smelters and refiners used by suppliers to source the Conflict Minerals and provides periodic updates to the database of
compliant CFS smelters. PACCAR issued RCOI requests to the approximately 400 production suppliers described above through Source Intelligence and CMRT.