Dear Business Partner,

We would like to inform you that we unfortunately have to increase our prices.

Since the end of last year, we have experienced cost increases in many areas, such as transportation (e.g. CO2 levy, tolls), personnel, as well as from many service providers. Energy costs have fallen, but are still at a high level, especially in our production in the Czech Republic (highest inflation and energy price increases in Europe). Our overall material purchasing is still a long way from pre-crisis levels and has risen significantly again in recent months. For example, the processing costs for copper, not the raw material, have risen dramatically. Our suppliers of aluminum parts, turned and milled parts and Shell tubes have increased prices across the board. We have been making intensive efforts to find alternatives in recent years, but unfortunately we have not yet been able to achieve any price advantages here, only to improve our ability todeliver.

Our last price increase was in November 2021. Unfortunately, we now have to make another adjustment in order to remain competitive in the market. Please understand that we will therefore be increasing our prices by 5% from 01.04.2024. This gives you the opportunity to order your upcoming requirements before then at the old prices. We will reduce our material surcharge again
if raw material prices fall.

If you have any questions, please do not hesitate to contact us and we look forward to continuing our good cooperation with you.

With best regards,

Universal Hydraulik GmbH

Michael Uhl

(Managing Director)
Tel. 0049-(0)6081-94 18 18
e-mail: m.uhl@universalhydraulik.com
Internet: www.universalhydraulik.com

Universal Hydraulik GmbH
Siemensstraße 33
61267 Neu-Anspach
Universal Hydraulik GmbH
Telefon +49(0)6081-9418-0
Telefax +49(0)6081-9418-49
Taunus Sparkasse, EUR-Konto
IBAN: DE75 5125 0000 0001 0506 56, BIC.: HELADEF1TSK
HypoVereinsbank AG, EUR-Konto
IBAN: DE 8950 3201 9100 0457 2700 , BIC: HYVEDEMM430
HypoVereinsbank AG, USD-Konto
IBAN: DE28700202700873729368, BIC: HYVEDEMMXXX
Volksbank Usinger Land eG, EUR-Konto
IBAN: DE 52 5019 0000 0000 3094 00, BIC: FFVBDEFF
Ust.-Id. Nr.: DE 114224397
Steuer-Nr. 003 247 300 48
UniversalHydraulik GmbH
Amtsgericht Bad Homburg HRB 8100
Handelsregisternummer HRB 8100
Geschäftsführer: Michael Uhl
Gerichtsstand und Erfüllungsort für
beide Teile ist Frankfurt a. M