IMPORTANT NOTICE

To our valued customers,

Thank you for your continued support and trust in Moshe Paper & Packaging. We
have always worked to provide our customers with fair pricing, consistent product
quality, and reliable service.

Over the past six months, ongoing geopolitical and trade developments have
continued to drive up raw material and international shipping costs. Higher oil
and related chemical material costs, disruptions to Middle East shipping routes,
changes in the U.S.–China trade environment, and tight global shipping capacity have
all added significant pressure to our overall costs.

During this period, we have done our best to absorb these increases and keep our
pricing stable. However, material and freight costs remain at elevated levels, with no
clear sign of coming down in the near term.

We understand the challenges businesses are facing in the current economic
environment. We will continue to control costs wherever possible while supporting
you with reliable supply, consistent quality, and better service.

Thank you for your understanding and continued trust in Moshe Paper & Packaging.

Thank you again for your continued trust and partnership.