Indorama Ventures A4 EN

FIVE STRATEGIC PILLARS OF IVL’S 2024 BUSINESS PLAN 36 INDORAMA VENTURES PCL. VISION - TO BE A WORLD-CLASS SUSTAINABLE CHEMICAL COMPANY MAKING GREAT PRODUCTS FOR SOCIETY. OUR OUTLOOK TOWARDS 2024 At the annual Capital Markets Day, we announced our three-year business plan to leverage our global footprint, ongoing transformation initiatives, and high levels of integration across the company’s three business segments to drive earnings growth, extract efficiencies, and lift productivity. Our values informour day-to-day activities and encourage us to remain customer-focused, agile, proactive and with an ongoing duty of care for our workforce. We achieved a ROCE of 12.2% in 2021 (compared to 5.6% in 2020) and are well-positioned to continue our growth trajectory to achieve 15+% ROCE by 2024 with disciplined capital allocation resulting in US$ 5-6 billion in free cash flow, creating headroom for future growth. Cost Transformation Enterprise Resource Planning (ERP) Combined PET Implement an integrated SAP ERP system Focus on manufacturing, functional excellence and procurement efficiency. Full Asset Potential Adjacency Growth Global Business Solutions (GBS) Integrated Oxides and Derivatives (IOD) Implement a GBS Focus on the integration of existing facilities to streamline costs and future digitization initiatives for procurement, supply chain and commercial excellence. Recycling Leadership Leadership Development Digitalization Fibers Scale-up our digital initiatives piloted in 2019 Focus on margin expansion, cost innovation, asset efficiency and preparing for the next cycle of growth. THREE PRIORITY AREAS BUSINESS SEGMENTS Chief Strategy Officer Message Chairman of the ESG Council Message Key Achievements 2021 Home CEO Message IVL’s Sustainable Value Creation for Stakeholders

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