Pricing Update 5/16/2025

May 16 th , 2025 As global trade policies continue to shift, we are all facing increased pressures on supply chain costs. In response to these changes, particularly the newly announced U.S. tariffs, we’ve carefully reviewed our pricing structure. Effective immediately, SOVAL will be returning to our March 31, 2025, pricing structure and will be realigning prices per the latest tariff announcements. As part of this announcement, we are officially rescinding the 60% price increase announced on April 15th. This revision reflects our commitment to taking a balanced, transparent approach during this period of rapid market fluctuation. We appreciate your continued partnership and understanding as we work through these evolving challenges together. Our focus remains on delivering consistent value, quality, and service Best regards, Keith Richard, President Southern Valve & Fitting USA, Inc. (SOVAL)