ANNOUNCEMENT OF PRICE INCREASE

Dear [Customer Name],

This is a notice that there will be an increase of [Value] in our [Product Type] pricing to take effect on
[Date].

Since [Date or Circumstance], [Company Name] has seen ever-increasing costs for [Relevant Aspect
of Business] that has affected the cost of providing service to our customers.

The increase helps us ensure our commitment to providing the very best products and services to you.

If you have any questions about the above changes, contact [Details].

We thank you for your support and continued business.

Sincerely,

Name