Company announcement of a price increase

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2021 has seen unprecedented cost increases across most commodities, we at Peninsula Tissue Paper have worked diligently to try and manage these costs without impacting our valued end customers.

Unfortunately, due to continuing increases in raw materials costs, we can no longer absorb these additional costs. As such, Peninsula Tissue Paper Corporation will be rising our prices on the following products: Single roll, Jumbo roll, Multifold, Hardwound roll towel, Center pull, Dinner napkins, cocktail napkins, and express napkins by up to 10%. This increase will be effective on June 1st.

Orders received to the close of business May 31, 2021 will be invoiced at the current prices. All orders received after June 1, 2021 will be priced at the new pricing levels. Your Peninsula Tissue Paper sales representative will be available to discuss any concerns you may have.

If you require further information, feel free to contact us at sales@peninsulatissue.com

Thank you again for your business. Thank you for your continued support to Peninsula Tissue Paper Corporation.

Sincerely,

Elieser Peña

CEO