the entry into such supporting normal business transaction is justified and will benefit the Company. Such Connected Transaction is considered at arm’s length basis. This transaction was considered and

Management’s Discussion and Analysis For the operating results of 2Q2018 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s Discussion and

Ref: UWC 025/2562 November 13, 2019 Subject: Management Discussion and Analysis 3rd Quarter ended September 30, 2019 To: President The Stock Exchange of Thailand Ua Withya Public Company Limited

company and its subsidiaries (which has been terminated their operations). 2020 is the year that bring massive change of UWC as a consequence of the corporate and business strategy restructuring together

December 31, 2018 to THB 312.51 million. Liabilities As of December 31, 2019, total liabilities on consolidated basis increased THB 184.79 million to THB 1,825.66 million primarily due to: • The Company

Assets As of December 31, 2019, total assets on consolidated basis amounted to THB 2,300.35 million dropped THB 641.53 million as at December 2018 primarily due to: • Trade and Other Current Receivables

INDORAMA VENTURES PUBLIC COMPANY LIMITED 75/102 Ocean Tower 2, 37th Floor, Asoke Road, Klongtoey Nuer, Wattana, Bangkok 10110, Thailand Tel. 02-661-6661 Fax. 02-661-6664 www.indoramaventures.com 1

_ Page 1 of 4 Ocean Commerce Public Company Limited 148/1 Soi Raminthra 14, Raminthra Road, Tharang Sub-district, Bang Khen District, Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 No

Information Memorandum regarding the Acquisition of Assets (List 2) of Master Ad Public Company Limited The acquisition of ordinary shares in Co-mass Company Limited 1 Information Memorandum

to the existing shareholders of the Company on a pro rata basis (Rights Offering), in a number of not exceeding 1,808,296,751 units), at no cost, and at an allocation ratio of 5 existing shares to 1