Indorama Ventures A4 EN

Celliant rPET fiber Hologenix A Partnership for Biotransformation Technology FiberVisions, a fibers producer, and Avgol, a spunlaid nonwoven manufacturer, (both part of Indorama Ventures) worked closely with scientists at Polymateria to commercially harness the innovative‘biotransformation’ technology pioneered by them. The patented technology alters the polyolefins properties to become naturally biodegradable and improves the lifecycle of disposable products while also expanding the extensive fiber/spunlaid offerings. The fiber and nonwoven prototype products developed through the partnership are compliant with the stringent biodegradability testing (as defined in British Standards Institute’s (BSI) new standard for Biodegradation, PAS9017). In meeting this standard, this technology ensure that the fibers and fabrics do not form any harmful microplastics as part of the biodegradation process. Natureof thePartnership • Polymateria owns world’s first technology for time controlled, biodegradable polyolefins in an open-air terrestrial environment • IVL Fibers brings expertise and facilities to bring production to scale in real-life environment Joint Ambition • Make PP fibers and nonwovens fully bio-transformable without microplastics, while retaining the positive characteristics of PP fibers and nonwovens • Reduce open environment waste from single-use hygiene products such as wet wipes or face masks through biodegradability Progress • First prototypes have proven to comply with BSI’s biodegradability standards • Market launch took place at the INDEX trade fair in October 2021. 82 INDORAMA VENTURES PCL. VISION - TO BE A WORLD-CLASS SUSTAINABLE CHEMICAL COMPANY MAKING GREAT PRODUCTS FOR SOCIETY. IVL’s Partnership Helps Customers Develop an Award-Winning Innovation In creating pure white Celliant rPET fiber, Hologenix developed a strategic partnershipwith our Ireland-based Wellman International Limited. PurewhiteCelliant rPET fiber is sustainablymanufactured in low-impact supply chain. It is achieved by embedding bioceramic materials, that are naturally derived and ethically sourced, into fibers, yarns and fabrics. Wellman International has converted 100%of pure white Celliant Polyester production into rPET. This conversion to rPET has been implemented across all Celliant product cat egor ies, replacing tradi t ional polyester and dramatical ly enhancing Cel l iant ’s sustainabi l ity credentials. Pure white Celliant is recognized as a Class 1 medical device in the European Union and is able to carry the CE mark. Like Celliant, pure white Celliant captures and converts body heat into infrared energy, powering bio-responsive textiles. This energy is reflected back to the body, resulting in increased local circulation and cellular oxygenation. These advantages have a variety of wellness benefits, including stronger performance, faster recovery and better sleep, as well as many functional properties such as thermoregulation, quick-dry properties and odor inhibition. FOR MORE INFORMATION Chief Strategy Officer Message Chairman of the ESG Council Message Key Achievements 2021 CEO Message IVL’s Sustainable Value Creation for Stakeholders Home

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