Specialized Disclosure Report (Form SD)

Exhibit 1.01

Conflict Minerals Report

in accordance with Rule 13p-1 under the Securities Exchange Act of 1934, as amended

Introduction

This is the Conflict Minerals Report for Clarus Corporation (NASDAQ: CLAR) (the "Company," "Clarus," "we," "us" or "our"), filed with the U.S. Securities and Exchange Commission (the "SEC") in accordance with Rule 13p-1 under the Securities Exchange Act of 1934, as amended (the "Rule"), for the reporting period from January 1, 2025 to December 31, 2025. The Rule was adopted by 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. 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 by the SEC as cassiterite, columbite-tantalite, wolframite (and their derivatives, which are limited to tin, tantalum and tungsten) and gold.

The Rule imposes certain reporting obligations on SEC registrants whose products contain conflict minerals that are necessary to the functionality or production of their products (such minerals are referred to as "necessary conflict minerals"), excepting conflict minerals that, prior to January 31, 2013, were located "outside of the supply chain" (as defined in the Rule).

For products which contain necessary conflict minerals, the registrant must conduct in good faith a reasonable country of origin inquiry ("RCOI") designed to determine whether any of the conflict minerals originated in the Democratic Republic of the Congo ("DRC") or an adjoining country (collectively with the DRC, the "Covered Countries"). If, based on such inquiry, the registrant determines that the necessary conflict minerals contained in its products did not originate in a Covered Country or came solely from recycled or scrap sources, or has no reason to believe that any of the necessary conflict minerals contained in its products may have originated in a Covered Country or may not be solely from recycled or scrap sources, the registrant must disclose its determination and briefly describe the RCOI it undertook in making its determination and the results of the inquiry it performed.

Products which do not contain necessary conflict minerals that directly or indirectly finance or benefit armed groups in the Covered Countries are considered "DRC conflict free". Numerous terms in this Conflict Minerals Report are defined in the Rule and the reader is referred to that source and to SEC Release No. 34-67716 issued by the SEC on August 22, 2012, for such definitions.

1. Company Overview

Headquartered in Salt Lake City, Utah, Clarus is a leading global designer, developer, manufacturer and distributor of best-in-class outdoor equipment and lifestyle products focused on the outdoor enthusiast markets. Each of our brands has a long history of continuous product innovation for core and everyday users alike. During the year ended December 31, 2025, the Company's products were principally sold globally under the Black Diamond®, PIEPS® (through the Company's divestiture of the PIEPS brand on July 11, 2025), Rhino-Rack®, MAXTRAX®, TRED Outdoors®, and RockyMounts® brand names through outdoor specialty and online retailers, our own websites, distributors and original equipment manufacturers.

Each of our brands represents a unique customer value proposition. Supported by six decades of proven innovation, Black Diamond is an established global leader in high-performance, activity-based climbing, skiing, and technical mountain sports equipment. The brand is synonymous with premium performance, safety and reliability. Founded in 1992, our Rhino-Rack brand is a globally-recognized designer and distributor of highly-engineered automotive roof racks and accessories to enhance the outdoor enthusiast's overlanding experience. Founded in 2005, our MAXTRAX brand offers high-quality overlanding and off-road vehicle recovery and extraction tracks for the overland and off-road market. Similarly, TRED, founded in 2012, is a trusted brand for key retailers and distributors in the overlanding and off-road vehicle recovery market. Founded in 1993, our RockyMounts brand is known for making well designed and dependable premium bicycle racks and other accessories compatible with vehicles of all sizes.

2. Products Overview

Certain products that we manufactured or contracted to manufacture in the year ended December 31, 2025, contained tungsten (tungsten carbide is used in our ski pole tips, trekking pole tips, ice tool heads, the JetForce avalanche airbag system and some of our headlamps, avalanche beacons, and probes), tin (solder is used in plating zippers for our apparel line, tents and backpacks and in the assembly of our headlamps, the JetForce avalanche airbag system, avalanche beacons, heated gloves, and some of our probes), tantalum (used in capacitors in electrical circuit boards in headlamps, the JetForce avalanche airbag system, avalanche beacons, probes and heated gloves) and gold (used in the assembly of some of our headlamps and in the JetForce avalanche airbag system). We determined that during the year ended December 31, 2025, we manufactured and contracted to manufacture certain products containing certain conflict minerals and that the use of these minerals was necessary to the functionality or production of those products. The Company completed the divestiture of its PIEPS brand (including the JetForce avalanche airbag system and avalanche beacons) on July 11, 2025; accordingly, conflict minerals associated with those product lines are included in this report only for the period during which such products were manufactured by or on behalf of the Company.

3. Supply Chain Overview

Our supply chain is complex. There are multiple tiers between the Company and the mines which produce and supply the conflict minerals used in our products. Accordingly, we rely on our direct suppliers to provide information on the origin of the conflict minerals contained in components which are included in our products. The methods we used in our attempts to seek to determine the origin of conflict minerals in our products included, but were not limited to:

4. Reasonable Country of Origin Inquiry and Conclusion

We conducted a comprehensive product review to identify suppliers using conflict minerals in, or in the manufacture of, any of our products and found that certain conflict minerals can be found in small amounts in some of our products and are necessary to the functionality or production of those products. Therefore, we are subject to the reporting obligations of the Rule.

We conducted a survey of our relevant active suppliers using the CMRT developed by RMI. The CMRT was developed to facilitate disclosure and communication of information regarding smelters or refiners that provide material to a company's supply chain. It includes questions regarding a company's conflict-free policy, engagement with its direct suppliers, and a listing of the smelters or refiners the company and its suppliers use. In addition, the CMRT contains questions about the origin of conflict minerals included in such company's products, as well as supplier due diligence. This CMRT is widely adopted by many companies in their due diligence processes related to conflict minerals.

During our review of the year ended December 31, 2025, we identified ten (10) suppliers who fell within the scope of our RCOI. We contacted these suppliers and provided them with the CMRT to facilitate their responses to us. Detailed records and metrics were kept on all incoming survey responses and all supplier communication. Throughout this process we were committed in our attempts to assess the breadth of our supply chain and the year-over-year improvements in the completeness and validity of the smelter or refiner data submitted.

We received responses back from all ten (10) suppliers, and of these responses we were able to conclude that the conflict minerals used by five (5) of these suppliers did not originate from a Covered Country. Five (5) of the responses from these suppliers were inadequate to reasonably demonstrate that the country of origin of the conflict minerals was not a Covered Country. All suppliers who did not provide adequate information in their respective responses are being tracked and further engaged to provide an acceptable response to our internal conflict minerals management team.

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, and they may not succeed in determining the origin of all or any such conflict minerals.

Despite having conducted a good faith RCOI and due diligence process and based on the responses we received, we do not currently have sufficient information from our suppliers or other sources to (i) determine the country of origin of all of the conflict minerals used in each of our products or (ii) identify the facilities used to process those conflict minerals.

The Company believes that the inquiries and investigations described above represent a good-faith, reasonable effort to determine the mines or locations of origin of the conflict minerals in our products. Through our supply chain due diligence processes, the various improvements we have implemented, and our ongoing engagement with suppliers, we aim to further enhance transparency into our supply chain.

5. Conflict Minerals Status Analysis and Conflict Status Conclusion

We have concluded that, based on our RCOI and related due diligence, we do not have sufficient information to make a determination as to the status of the conflict minerals we used in the manufacture or production of our products.

6. Due Diligence Program

6.1. Conflict Minerals Policy

Our policy with respect to the sourcing of conflict minerals can be found at www.claruscorp.com, under the tab "Governance Documents" within the section called "Governance". The content of any website referred to in this report is included for general information purposes only and is not incorporated by reference in this report.

6.2. Due Diligence Process

6.2.1. Design of Our Due Diligence and Description of the Due Diligence Process

Our due diligence processes and efforts have been developed in conjunction with the third edition of the Organization for Economic Co-operation and Development ("OECD") Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. We designed our due diligence processes to seek to conform in all material respects with these OECD guidelines.

Our conflict minerals due diligence processes include, but are not limited to: the development of a conflict minerals policy, establishment of governance structures with cross functional team members and senior executives, and communication with suppliers. We took measures to seek to ensure that the findings of our supply chain risk assessment are reported by our internal conflicts minerals management team to designated members of our senior management, including our Chief Financial Officer. Our internal conflict minerals management team, which includes members across our various departments, including purchasing, compliance and finance departments, oversees our conflict minerals compliance activities. Our Director of Quality Assurance oversees our conflict minerals due diligence processes at the Black Diamond brand and our Quality Manager oversees our conflict minerals due diligence processes for the Rhino-Rack, MAXTRAX, TRED Outdoors, and RockyMounts brands. Through July 11, 2025, when the Company divested its PIEPS brand, the Director of Quality Assurance also oversaw conflict minerals due diligence for the PIEPS brand.

6.2.2. Record Maintenance

We have established our due diligence compliance process and a documentation and record maintenance procedure to seek to ensure the retention of relevant documentation.

6.3. Steps to Be Taken to Mitigate Risk and Maturing Due Diligence Program

As we continue to develop our due diligence program, we are seeking to enhance our supplier communications and to improve our due diligence data accuracy in order to seek to mitigate the risk that the necessary conflict minerals contained in our products could benefit armed groups in the Covered Countries (see Item 9 below).

7. Identify and Assess Risk in the Supply Chain

Because of our size, the breadth and complexity of our products, and the constant evolution of our supply chain, it is difficult to identify any conflict minerals utilized from our direct suppliers. As a downstream purchaser of conflict minerals, our due diligence measures can provide only reasonable, not absolute, assurance regarding the source and chain of custody of the necessary conflict minerals. Our due diligence processes are based on the necessity of seeking data from our direct suppliers who, in turn, seek similar information within their own supply chains to identify the original sources of the necessary conflict minerals, and as a result the Company is unable to validate whether certain smelters or refiners identified by our suppliers' sources are from or are located in the Covered Countries or are actually in the Company's supply chain. Additionally, such sources of information may yield inaccurate or incomplete information and may be subject to fraud, despite our best efforts to validate and confirm the information. Therefore, the Company is not providing an aggregated list of the smelters and refiners in the Company's supply chain or an aggregated list of the potential countries of origin from which those smelters and refiners collectively source conflict minerals.

8. Audit of Supply Chain Due Diligence

We do not have a direct relationship with any of the smelters and refiners of the conflict minerals used in our products, nor do we perform direct audits of them or the other entities in our supply chain. However, we do rely upon industry efforts to influence smelters and refineries to participate in the Responsible Minerals Assurance Process administered by RMI.

9. Continuous Improvement Efforts to Mitigate Risk

We intend to undertake the following next steps to seek to continue to improve our due diligence process and to gather additional information which will assist us to determine whether the conflict minerals we utilize benefit armed groups contributing to human rights violations: