Dieselclause Moeijes since 2009

Diesel prices have been fluctuating wildly the last few years. Because the fuel price is a large part (approx 25%) of the cost price of transportation, changes in the price of diesel also significantly influence our cost price. Therefore, we are forced to incorporate the changes of the diesel price into our rates.

We use a diesel clause to incorporate the changes in diesel price in our rates. That clause is as follows:

• Every € 0,04 change in diesel price equals a rate change of 1% (see overview mentioned below).
• Every 20th of the month (or first business day thereafter), the percentage of the diesel surcharge is determined for the next month. This is communicated through e-mail (or fax) and the website (www.moeijes.eu).

ADJUSTMENT OF TRANSPORT RATES ACCORDING TO THE DIESELCLAUSE

RRP 20-12-2015 = €0,9661 >> surcharge January 2016 = 0%

RRP 20-01-2016 = €0,9248 >> surcharge February 2016 = 0%

RRP 20-02-2016 = €0,9331 >> surcharge March 2016 = 0%

RRP 20-03-2016 = €0,9825 >> surcharge April 2016 = 0%

RRP 20-04-2016 = €0,9744 >> surcharge May 2016 = 0%

RRP 20-05-2016 = €1,0157 >> surcharge June 2016 = 1%

RRP 20-06-2016 = €1,0322 >> surcharge July 2016 = 1%

SUGGESTED DIESEL PRICE

(www.oliecentrale.nl)