Public Company Limited (“IVL” or the “Company”) held on 11 th May 2018, has approved Indorama Netherlands B.V. its indirect subsidiary to further acquire 24 % equity stake in PT. Indorama Petrochemicals, a

be proposed to the Board of Directors for further approval. Opinion of the Board of Director: The Board of Directors has considered the transaction and has opinion that the management fee is necessary

will be generated to invest in new M&A targets.  Further manage down its OPEX to minimize spending.  Continue its quest for new projects with controllable risks and substantial returns, in and beyond

168.28 million. Accordingly, said transaction volume warranted the company to seek approval from The Board of Directors and to report said information to the SET, without having to seek further approval

from The Board of Directors and to report said information to the SET, without having to seek further approval from the shareholders’ meeting. (8) Acquisition and disposition of assets Transaction volume

assets and sell those that are no longer useful. In doing so expenses will be reduced and cash will be generated to invest in new M&A targets.  Further manage down its OPEX to minimize spending

information to the SET, without having to seek further approval from the shareholders’ meeting. 2 (10) Acquisition and disposal of assets Transaction volume : This transaction is not applicable to the

) director out of three (3) directors of BCB. With respect to additional portion of 6% of total shares in BCB, the Company will further acquire such shares in BCB in accordance with the approval of the board

to the SET, without having to seek further approval from the shareholders’ meeting. (9) For said Board of Directors’ meeting, the director (s) with possible conflict of interests, and/or the director

shall be proposed to the Board of Directors for further approval. Opinion of the Board of Director: The Board of Directors has considered the transaction and has opinion that the transaction is necessary