Indorama Ventures Public Company Limited (IVL) IVL has been selected as the winning bidder to acquire the Recycled Polyethylene Terephthalate (rPET) assets of CarbonLite Holdingsand its subsidiaries in Texas, USA (CarbonLite).

CarbonLite is a significant rPET producer in USA (currently under Chapter 11 of the United States Bankruptcy Code)with long standing relationships with major brands. The assets to be acquired are located in Dallas, Texas, USA witha combined capacity of approx. 92 kilotons per annum, consisting of 48 kilotons of rPET pelletsand 44 kilotons of flakes.

This proposed recycling acquisition opportunity would facilitate IVL coming closer to its rPET commitment of 750 kilotons per annum by 2025.The value of the above transaction for IVL, calculated in accordance with the regulations of the Capital Market Supervisory Board and the Stock Exchange of Thailand, as prescribed by the regulations of the Stock Exchange of Thailand Re:

The closing of the transaction is expected to be completed within Q2,2021 and is subject to conditions precedent including approval by the applicable bankruptcy court and governmental authorities.Please be informed accordingly.