Kopin Corporation Announces Commitment to Environmental, Social and Governance (ESG) Initiatives

WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, today proudly announces the establishment of its comprehensive Environmental, Social, and Governance (ESG) framework. This initiative underscores Kopin’s dedication to sustainability, ethical business practices, and corporate social responsibility as it continues to drive innovation in microdisplay and optical solutions.

“As a pioneering force in innovative technology, we recognize our responsibility to uphold sustainable and ethical standards,” said Michael Murray, CEO of Kopin Corporation. “Our commitment to ESG is not just about compliance—it is about fostering long-term value for our stakeholders, reducing our environmental footprint, and ensuring ethical business operations.”

Key Pillars of Kopin’s ESG Initiative:

Board Composition & Governance: Kopin fosters strong corporate governance by ensuring a diverse and experienced board of directors that upholds accountability and ethical leadership.

Labor Practices & Human Rights: Kopin is committed to maintaining fair labor practices and protecting human rights across its global operations. We employ a comprehensive multi-channel recruitment strategy, foster employee growth through performance reviews and goal setting and invest in employee training, career tracks and overall well-being.

Business Ethics & Integrity: Kopin maintains rigorous corporate governance standards, reinforcing transparency, accountability, and ethical decision-making across all levels of the organization.

Environmental Impact of Products & Services: Kopin has implemented a comprehensive waste management and material control system that reflects our commitment to responsible manufacturing and environmental protection. We maintain strict compliance with EPA (Environmental Protection Agency) requirements across all our operations and our waste management strategy follows the EPA’s recommended hierarchy of disposal methods.

Supply Chain Responsibility: Kopin partners with suppliers who adhere to responsible sourcing practices, environmental sustainability, and ethical labor standards. The company actively monitors its supply chain to ensure compliance with industry regulations, mitigate risks, and promote social and environmental responsibility throughout its procurement processes.

By integrating ESG principles into its core business strategies, Kopin is poised to build a more sustainable and responsible future.

For more information and updates on Kopin’s ESG initiatives, please visit www.kopin.com/investors/sustainability.

About Kopin

Kopin Corporation is a leading developer and provider of innovative display, and application-specific optical solutions sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin’s portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules, and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Active Matrix Liquid Crystal displays (AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays, MicroLED displays (µLED) and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin’s website at www.kopin.com. Kopin is a trademark of Kopin Corporation.

Forward Looking Statements

Statements in this press release may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which are subject to the safe harbor created by such sections. Words such as “expects,” “believes,” “can,” “will,” “estimates,” and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such “forward-looking statements,” which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. Various factors, some of which are beyond our control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management’s expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K for the fiscal year ended December 28, 2024, as amended, or as updated from time to time by our Securities and Exchange Commission filings.

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