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May 13, 2022 Re: Price Increase Notice Dear Valued Customer, Appvion is implementing a price increase of up to 10% for direct thermal paper and other coated products globally. This increase is directly related to the continued escalation of all key input costs, including but not limited to raw materials, energy, labor, and freight. It is effective on all shipments beginning June 12, 2022. Our team remains committed to providing you with superior quality products, innovative and sustainable solutions, and exceptional customer service. Please contact your strategic account manager with any questions regarding this implementation. As always, thank you for your continued business and support. Sincerely, Graeme Hodson Executive Vice President and President, Advanced Materials & Solutions
