Dear Businesspartner,

in recent weeks, we have seen price increases for energy and transport costs as well as sharply increased material prices from almost all suppliers. In order to maintain material availability for our customers, we have been forced to accept these unconditionally.

Due to these price developments, which we cannot plan for, we have to adjust our material surcharge to 4% from April 15, 2022 on all new orders. In view of the special circumstances, this also applies to all deliveries from June 1, 2022.

We very much regret this measure, but this is hopefully a short-term "crisis surcharge", mainly caused by the Ukraine war. We are convinced, together with you, to master this challenging time and hope for your understanding of the measures.

We are continuously reviewing the price situation for appropriateness and possible alternatives in order to optimize and keep cost fluctuations as low as possible and very much hope that the situation on the procurement markets will calm down again in the course of the year.

We thank you already now for your understanding and assure you that Universal Hydraulik will continue to be a responsible partner for your company.

Yours sincerely and in the hope of better times

Universal Hydraulik USA Corp.

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