short-term loan 10.00 2% 50.00 10% Trade and other payables 82.25 16% 48.68 10% Liabilities under financial lease agreement 64.58 13% 80.31 17% Long-term loan 265.68 53% 236.85 49% Others 77.72 16% 70.27

December 2016 % Bank overdrafts and short-term loan - - 50.00 10% Trade and other payables 49.91 10% 48.68 10% Liabilities under financial lease agreement 73.87 15% 80.31 17% Long – term loan 292.28 60

Listed Companies Concerning the Connected Transactions, 2003 (as amended) (“Notification on Connected Transaction”) Moreover, in 2016 the Company had entered into the Loan Agreement dated 29 February 2016

Tolling Agreement. The Company has been seeking funds from an external source for working capital purpose and preparing to get ready to produce for own sale again and can resume the operation in early of

financial cost, as the principle payable under the Loan Agreement, the company paid completely. At the Annual General Meeting of the Shareholders of the Company held on 26 March 2018, the shareholders

principle payable under the Loan Agreement, the company paid completely. At the Annual General Meeting of the Shareholders of the Company held on 26 March 2018, the shareholders resolved to declare total

principle payable under the Loan Agreement, the company paid completely. 2 At the end of September 30, 2018, the total assets 2,087.89 Million Baht were increased 66.27 Million Baht compare with at the end of

1 - Translation – Bor.Chor.Ngor 0351/2018 September 25, 2018 Subject: Connected transaction : Renewal of a hotel management advisor agreement Attn : President The Stock Exchange of Thailand With

“Company”) would like to inform that it has, through its indirect subsidiary, Indorama Netherlands B.V. (“INBV”), entered into a Joint Venture agreement with Dhunseri Petrochem Limited (“Dhunseri”), India to

investment value will not exceed USD 350 million or not exceed Baht 11,073 million1. The Company and/ or its subsidiary may be required to enter into agreement with financial institutions relating to the