Developments in the energy markets

Dear all, we are closely monitoring global developments.

As a consequence of the current geopolitical situation and the ongoing unrest in the Middle East and Venezuela, we are seeing increased volatility in fuel prices.

For the transport and logistics industry, diesel represents one of the largest cost components and can account for up to approximately 35% of total transport costs. Changes in fuel prices therefore have a direct impact on our operating costs.

Against this background, we will until further notice review and adjust the fuel surcharge on a weekly basis until the market situation stabilizes.

The calculation will be made according to the same model and principles as previously applied, based on the prevailing market price of diesel.

We will keep you informed should any further adjustments be required.

Thank you for your understanding.