(Translation)

Ref. No.

16-038/2022

July 4, 2022

Subject:

Progress of the amalgamation of Vinythai Public Company Limited and AGC Chemicals (Thailand)

Co., Ltd.

To:

The President, The Stock Exchange of Thailand

According to the disclosure no.16-034/2022 of PTT Global Chemical Public Company Limited (the "Company") dated May 3, 2022 regarding the progress of the Tender Offer for the Securities of Vinythai Public Company Limited ("VNT"), the Company's ownership of VNT as of May 3, 2022 was 37.82 percent. The Company also planned to proceed with supporting the amalgamation between VNT and AGC Chemicals (Thailand) Co., Ltd. ("AGC-TH") to form a new company, namely AGC Vinythai Public Company Limited ("AVT"). The amalgamation and the establishment of AVT was completed on July 1, 2022 and after the shares allocation of AVT, the Company effectively holds 27.32 percent of the ordinary shares in AVT. The Company believes that the establishment of AVT will streamline and promote its business development to become one of the leading integrated PVC and Chlor-Alkali producers in the Southeast Asia region.

Please be informed accordingly.

Sincerely yours,

- Pattaralada Sa-Ngasang -

(Miss Pattaralada Sa-Ngasang)

Executive Vice President - Finance and Accounting

Corporate Finance and Investor Relations

Tel. +662 265 8400 ext. 8172, 8665, 8513, 8533, 8534

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PTT Global Chemical pcl published this content on 04 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 July 2022 11:02:01 UTC.