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NOTICE TO CUSTOMERS ENERGY SURCHARGE MAY

Dear Customer,

As communicated to you on March 15th, we have provisionally calculated, based on the TTF average price of the gas for the month of April, the % of energy surcharge that we will apply to the prices of our products, with the data accumulated up to the 25th.

The average TTF for the month (gas price quotation in the Amsterdam market) until April 25 is 101,26 €/MWh

Applying the envisaged formula

% Monthly Energy Surcharge = 0.256% x (TTF month average – 70)

The result is:

% Monthly Energy Surcharge = 0,256% x (101,26 – 70) = 8,00%

However, you should consider this surcharge as provisional, since the definitive one will be the one formed with the average of the entire month of April up to and including the 30th.

In other words, on Monday, May 2nd, with the data for the full month of April, we will calculate the final surcharge for the May month and communicate it both through a mailing to customers and on the web pages:

https://gresaragon.com/en/blog/news/

https://faveker.com/noticias/

In doing so:

  • We fulfilled our commitment to inform with data up to the 25th of the month
  • We give our clients time to form their prices for the following month
  • Given the downward trend in the price of gas in recent days, most likely, the final surcharge will be lower

Remember that this surcharge is exceptional, temporary and will be withdrawn when the situation stabilizes.

All Gres Aragón staff is at your service.

Thanking you for your trust, yours sincerely

The Company Management