February 26, 2021

Price Increase Announcement: All Residential Roofing Products

To Our Valued Customers:

In the past few weeks, roofing shingle manufacturers have announced a third round of price increases on all residential roofing products. The triggers noted by the manufacturers include the continuously increasing operating costs driven by evolving COVID-19 response, inflationary pressures on raw materials, labor, transportation, energy, and the overall dynamics of supply and demand.

While we strive to manage costs to ensure competitive pricing in the market, we are unable to absorb these additional costs into our business. As a result, Beacon will adjust its pricing 5 - 10% on residential roofing products, effective with deliveries on April 5, 2021. Tamko branded products will go up on March 29th due to their increases going into effect prior to our other shingle suppliers.

Your Branch Manager and Sales Representative are available to answer any questions regarding these increases and how they impact your pricing. They can also share the time saving advantages of our PRO+ digital platform which provides for a touchless transaction that includes:

• Safe and remote ordering of materials 24/7 from any device, anywhere
• Delivery Tracking through text, email, or mobile device
• Online access to invoices, order history, ability to pay bills online and rebate tracking

Thank you for your partnership and continued support of Beacon Building Products.

Be safe,