Press Release - 4th January 2022

Energy, Logistics and Commodities register unexpected and continued price increases

The Navigator Company applies 15% surcharge to tissue prices due to strong cost increases

The Navigator Company announced today that it will apply an energy, logistics and commodities surcharge to its tissue products, amounting 15% of the sales price, to offset the significant and unexpected raising of its input cost.

Its application will be effective for all dispatches from 15th of January onwards. The continuity and amount will be regularly reviewed based on the evolving market conditions.

The global change in the economy, with dramatic impacts, affects the overall industry with unsustainable increase in input costs, such as energy, natural gas, pulp, chemical products, packaging materials, wood pallets and logistics.

Navigator believes that this exceptional measure is imperative to support the long-term sustainability of its business model and of the overall supply chain.

The Company will continue working to reinforce its partnerships with its Clients, strengthening its value proposition across several dimensions, appreciating the support provided by its large customer base.

www.thenavigatorcompany.com

For further press information, please contact:

Lift Consulting - + 351 21 466 65 00

Sandra Faria - sandra.faria@lift.com.pt| +351 911 790 060

Catarina Frazão - catarina.frazao@lift.com.pt| +351 918 448 087

Catarina Carneiro de Brito - catarina.brito@lift.com.pt| +351 914 310 661

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The Navigator Company SA published this content on 05 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2022 10:57:00 UTC.