Specialized Disclosure Report (Form SD)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM SD

SPECIALIZED DISCLOSURE REPORT

Latch, Inc.

(Exact name of the registrant as specified in its charter)

Priyen Patel, (314) 200-5218

(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:

Section 1 - Conflict Minerals Disclosure

This Specialized Disclosure Report on Form SD (the "Form SD") of Latch, Inc. (the "Company") is filed pursuant to Rule 13p-1 (the "Rule") promulgated under the Securities Exchange Act of 1934 for the reporting period January 1, 2025 to December 31, 2025 (the "Covered Period"). The Rule requires disclosure of certain information when a company manufactures or contracts to manufacture products for which the minerals specified in the Rule are necessary to the functionality or production of those products. The minerals specified in the rule are gold, columbite-tantalite (coltan), cassiterite and wolframite, including their derivatives, which are limited to tantalum, tin and tungsten (collectively, the "Conflict Minerals").

As provided by applicable guidance from the U.S. Securities and Exchange Commission (the "SEC") regarding the Rule, this disclosure does not address products that did not enter the stream of commerce in the Covered Period. The following disclosure, in response to the provisions of paragraphs (a) and (b) of Item 1.01 of Form SD, has been made in accordance with the Updated Statement on the Effect of the Court of Appeals Decision on the Conflict Minerals Rule issued by the Division of Corporation Finance of the SEC on April 7, 2017 (the "2017 Guidance"). As permitted under the 2017 Guidance, this Form SD does not address Item 1.01(c) of Form SD.

Conflict Minerals Disclosure

Description of the Company's Products

This Form SD relates to products (i) for which Conflict Minerals are necessary to the functionality or production of such products; (ii) that were manufactured, or contracted to be manufactured, by the Company; and (iii) for which manufacture was completed and the product was offered for sale during the Covered Period. During the Covered Period, these products (collectively the "Covered Products") consist of the Company's smart access hardware, such as smart locks. For the Covered Period, the Company contracted with a third party ("Contract Manufacturer") to manufacture the Covered Products.

Reasonable Country of Origin Inquiry

The Company has, in good faith and after reasonable due diligence, conducted a reasonable country of origin inquiry ("RCOI") to determine whether Conflict Minerals that are necessary to the functionality or production of its Covered Products originated in the Democratic Republic of the Congo or the adjoining countries of Angola, Burundi, Central African Republic, Republic of Congo, Rwanda, South Sudan, Tanzania, Uganda and Zambia (the "Covered Countries"), or whether any of the Conflict Minerals may have been from recycled or scrap sources. A summary of the Company's RCOI process follows: identifying suppliers that may provide products containing Conflict Minerals, distributing the Responsible Minerals Initiative's Conflict Minerals Reporting Template ("CMRT") to relevant suppliers, reviewing supplier responses for completeness and internal consistency, following up with suppliers regarding incomplete or inconsistent responses, evaluating supplier representations regarding smelters, refiners, and sourcing practices; and maintaining records relating to conflict minerals due diligence efforts.

The Company's supply chain with respect to the Covered Products is complex, and there are many third parties in the supply chain between the ultimate manufacturer of the Covered Products and the original sources of the Conflict Minerals. The Company does not purchase Conflict Minerals directly from mines, smelters or refiners. The Company must therefore rely on its suppliers to provide information regarding the origin of the Conflict Minerals that are necessary to the functionality or production of the Covered Products.

As an initial step, the Company's supply chain team evaluated the Company's products to determine if Conflict Minerals were present and potentially necessary to the production or functionality thereof. Following that evaluation and identification of the Covered Products, the Company's supply chain team identified one Contract Manufacturer of Covered Products. As part of the Company's RCOI, the supply chain team requested that the Contract Manufacturer complete the CMRT. Upon receipt of the completed CMRT from the Contract Manufacturer, the Company's supply chain, finance and legal teams reviewed the response.

The Contract Manufacturer reported through its CMRT that tin was the only Conflict Mineral necessary to the functionality or production of Covered Products supplied to the Company. The Contract Manufacturer indicated that it conducts conflict mineral surveys with its suppliers in conformance with CMRT; however, it was unable to determine whether the tin contained in its products originated from the Covered Countries as defined under the Rule. The Contract Manufacturer identified a single smelter as the source of the tin (the "Conformant Smelter") that had been certified as "Conformant" by the Responsible Minerals Initiative ("RMI").

The Company reviewed information regarding smelters and refiners provided by the RMI, which conducts an industry-standard Responsible Minerals Assurance Program ("RMAP"), in which it certifies smelters and refiners worldwide by conducting an independent audit to validate company-level management and sourcing processes for responsible mineral procurement. RMI publishes a list of smelters and refiners that it has certified as "Conformant," which identifies smelters and refiners that are in conformance with the RMAP assessment protocols and that bear the highest level of Conflict Minerals responsible sourcing certification set by RMI. The Company confirmed that the Conformant Smelter was certified as "Conformant" by the RMI.

Based on this RCOI, the Company was unable to determine whether certain of its necessary Conflict Minerals contained in some Covered Products originated in a Covered Country. However, as noted above, the Company believes these Covered Minerals were sourced from a "Conformant" smelter as certified by the RMI.

A copy of this Form SD, together with a copy of our Conflict Minerals Policy, can be found on our website at https://www.latch.com/pages/investors. The Company's website and the information accessible through the website are not incorporated by reference into this Form SD.

None.

Section 2 - Resource Extraction Issuer Disclosure

Not applicable.

Section 3 - Exhibits

None.

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.