Supply conditions update – International markets context

Dear Customer,

Over the past month, geopolitical instability in the Middle East has caused sudden volatility in energy markets and logistics routes, leading to sharp increases in the cost of strategic raw materials.

Despite our efforts to absorb these cost hikes internally, the current market unpredictability requires us to adopt temporary measures to ensure supply continuity:

• Quotations at time of order: Prices will be confirmed on a case-by-case basis based on updated market rates.
• Price list revision: Previously agreed economic terms are to be considered indicative; the final price will be the one specified in the order confirmation.
• Constant monitoring: We are committed to reviewing these conditions as soon as market conditions stabilize, returning to standard price list management.

We are aware of the impact of these measures. Your dedicated sales representative remains at your complete disposal to analyze the most suitable solutions together, evaluating potential product, process, or order planning optimizations.

While these adjustments are driven by exceptional and temporary market conditions, we remain committed to constantly monitoring the situation and adjusting our prices accordingly should pre-crisis conditions be restored.

Thank you for the trust and cooperation you continue to show us in this extraordinary scenario.

Best regards

Gabriele Balduzzi
Ceo
Fotomeccanica Srl