Dear Customer,

the economic impact of the war between Russia and Ukraine has been noticeable for several weeks and is further intensifying the current market situation, already strained by the COVID-19 pandemic lasting more than two years.

We are receiving daily reports of significant short-term price increases due to raw material shortages and sharply rising energy costs. In order to ensure continued supply, we must accept these price increases, also to maintain your supply security as best as possible. Despite our greatest efforts, we are unfortunately not able to absorb these substantial increases on our own.

Therefore, we are compelled to increase our sales prices by 5% as of 1 June 2022. This decision has not been easy for us, especially considering that we had informed you in January that our prices would remain unchanged.

We kindly ask for your understanding in this exceptional situation.