is THB 35,000,000. (thirty five million baht). The transaction is considered as the disposal of assets transaction of subsidiary of listed company according to the Notification of the Capital Market

661 6664-5 www.indoramaventures.com Ref.No.IVL004/12/2018 24th December 2018 President The Stock Exchange of Thailand Subject: Acquisition of PET Recycling Assets in USA Indorama Ventures Public Company

to be reasonable in the present situation and compared to the carrying amount of assets related to the license. The Company recognized loss on impairment of investment in the warrants of Baht 83.61

Therefore, the entering of this transaction being considered as Type 2 transaction under the Notification on Acquisition or Disposal of Assets. Therefore, the Company is required to immediately disclose the

Acquisition or Disposal of Assets. As a result, the Company is required to immediately disclose the information memorandum on entering into such transaction to the Stock Exchange of Thailand (“SET”) and send a

Total comprehensive income for the year (1,671.26) (30.51) (1,640.75) 5,377.98 2. Financial Position  Assets As of December 31, 2016, the Company had total assets in amount of Baht 12,630.12 million

Thailand Enclosure: The Information Memorandum regarding the Disposition of Assets By virtue of the resolution of the Board of Directors’ meeting of Pace Development Corporation Public Company Limited (the

2 transaction under the Notification on Acquisition or Disposal of Assets. As a result, the Company is required to immediately disclose the information memorandum on entering into such transaction to

Disposal of Assets. As a result, the Company is required to immediately disclose the information memorandum on entering into such transaction to the Stock Exchange of Thailand (“SET”) and send a circular

Assets. As a result, the Company is required to Enclosure Page 2 immediately disclose the information memorandum on entering into such transaction to the Stock Exchange of Thailand (“SET”) and send a