Price Adjustment notification letter Schneider Electric, Southern Africa From: James Calmeyer To: All Schneider Electric Panel Builders Date: 29th March, 2019 Copy to: Subject: Price Adjustment, April 15th 2019: Dear Valued Partner, We are continually trying to make cost savings that we can pass on to you, our valued customer and the cost saving actions taken in the past 6 months have meant that we can re-balance the pricing of some of our major Moulded Case Circuit Breaker (MCCB) & Motor Control Gear (CTR) products. We have also conducted an exercise to reduce the list prices and discounts of our MCCB products to bring them in line with the discounts of some of our other offers. We will be making these changes effective from 15th April 2019 and we will be sending out a full list of the changes by the 5th April The net effect of these changes will be to show a net reduction of prices therefore any projects already quoted on shouldn’t be negatively affected. Please ensure that all relevant personnel in your company are informed of this notification. Should you have any questions relating to this notice, please contact your account manager or the Schneider Electric Customer Care Centre; 086 1300 222 (RSA) Yours Sincerely, James Calmeyer, VP Buildings Division Schneider Electric Southern Africa. Schneider Electric South Africa (Pty) Ltd Reg. No. 1971/002841/07 - Vat No. 4370101109 Midrand Schneider Electric Campus 09 Old Pretoria Main Road Midrand, Gauteng, South Africa Private Bag X139, Halfway House, 1685, South Africa Tel. +27 (0) 11 254 6400 - Fax. +27 (0) 11 254 6640 We subscribe to a strict code of Business Conduct, Ethics and Principles of Responsibility. South Africa is a Party to the OECD Convention and we fully support its mission in combatting Corruption. Schneider Electric South Africa has been awarded the Anti-Corruption compliance certification for the corresponding terms of reference. FL0143