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Middle East Developments

Dear Valued Customer,

We are closely tracking the ongoing events in the Middle East and continuously evaluating their effects on global supply networks. Our focus is particularly centered on how these developments are influencing fuel costs and the accessibility of petrochemical raw materials.

To help buffer against rising expenses and potential interruptions to our supply lines, we are actively rolling out several countermeasures. Our mitigation strategy involves proactive communication with both our suppliers and clients, adjusting our inventory models, re-evaluating our transportation routes, and strategically expanding our supplier base where needed.

While it is our goal to shield you from these financial impacts by absorbing cost increases whenever feasible, it is highly likely that unavoidable price adjustments and logistical delays will occur if the current market trajectory persists.

Given these circumstances, we strongly advise proactively building up your own inventory. Securing additional stock now is the best way to help insulate your business from these anticipated disruptions.

Please be assured of our dedication to navigating these challenges with prudence. We will continue to work closely with all our partners to achieve the most stable and sustainable outcome possible.

Sincerely,

Megan Naiker

Chief Operating Officer