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Price adjustment effective May 1, 2026

Dear Customers,

With our previous letter regarding the market situation and the announced price adjustment, we have already informed you about the continued challenging conditions in the chemical industry. The chemical industry, and therefore also the construction chemicals sector, continues to operate in a challenging environment. Numerous international raw material producers report rising raw material costs, weaker results, and ongoing structural cost pressure. In addition, the geopolitical situation, particularly in the Middle East, continues to create uncertainties in global supply chains, transport routes, and energy markets. Across the entire value chain, we are experiencing significant cost increases in raw materials, energy, packaging, logistics, as well as labor and structural costs. Additional requirements in areas such as regulation, IT security, and insurance are also contributing to a persistently elevated cost base.

Despite continuous efficiency measures and intensive optimization of our internal processes, we are no longer able to fully offset these developments. Therefore, we are compelled to adjust our sales prices as of May 1, 2026, as follows:

• PU foams: +10.5%
• Sealants: +5.5%
• Adhesives: +3.9%
• Tapes and tools: +3.8%

Your responsible sales representative or our sales management will contact you in the coming days to discuss the necessary implementation with you.
Furthermore, the previously announced temporary transportation surcharge will remain in place until further notice due to the ongoing situation in crude oil markets and the resulting high gasoline and diesel prices. Our commitment remains to provide you with high-quality products, reliable delivery performance, and a strong partnership.

We thank you for your understanding and for your continued trustful cooperation.