Notice of price changes

As a result of global shortage of and demand for raw materials, we are currently experiencing very significant price increases of the raw materials we use for producing our Etronit, Etronax and G-Etronax tubes and sheets.

Regrettably, the volatile situation on the commodity markets leaves us no choice other than to increase our prices.

Unfortunately, our commodity price outlook is also shorter than usual. Therefore, we are unable to forecast the long-term development.

If you have any questions in relation to the above, you are very welcome to contact us.

We hope you will understand our situation.

Yours sincerely,

Stig Krogh Pedersen

CEO