Another MDI Increase, This Time from BASF

August 26, 2021

Dear Valued Customer,

Effective October 1, 2021 or as contracts allow, BASF Corporation is raising the price for
Lupranate MDI products by $0.12 per pound.

Your BASF Account Manager will provide details of this announced increase and is available to
answer any questions you may have. We appreciate your continued support of BASF Urethane
Chemicals.

Extra Credit for History Buffs: What is BASF an abbreviation for?

A: B adische A nilin- und S oda F abrik (German for ”Baden Aniline and Soda Factory”)