27/05/2026

Dear Valued Customer,

We wish to advise that the Temporary Input Cost Levy, which has been in effect at 3.5% since 1 April 2026, will increase to 5% effective 1 June 2026.

This change reflects continued instability in global energy markets, including ongoing geopolitical tensions in the Middle East and continued increases in energy, raw material, and freight costs. Rising crude oil and petroleum pricing is directly affecting petroleum-based raw materials, including the polyethylene resin used in our manufacturing processes, as well as freight costs for inbound materials and outbound deliveries.

On average, polyethylene has increased by 30-50% in the Australian market over the last two months. We have worked to absorb these increases wherever possible, but the scale and pace of these cost pressures mean this is no longer sustainable without adjustment.

The updated 5% levy will apply to all new orders and corresponding invoices from 1 June 2026. It will not apply to any orders placed prior to that date.

This remains a temporary measure designed to offset exceptional cost increases currently affecting the market. We will continue to review the levy in line with market conditions and will adjust or remove it should conditions stabilise.

We remain committed to maintaining reliable supply, delivering the quality you expect, and supporting your business through this period. We appreciate your understanding and continued support.

Kind Regards,

Ross Büchner | CEO