BANGKOK, Thailand, April 16, 2025-

Indorama Ventures Public Company Limited would like to inform that the Management Board of Indorama Netherlands B.V. (“INBV”), an indirect subsidiary of the Company, has passed a resolution dated April 7, 2025 approving the divestment of its subsidiary, Indorama Ventures Portugal PTA -Unipessoal, LDA (“IVPPTA”), in Portugal. The divestment involves the sale of its entire equity stake, representing 100% of the quotas in IVPPTA, by INBVto a third party who is not a connected person(the “Transaction”).

IVPPTA operates a PTA manufacturing facility in Sines, Portugal. After a thorough assessment of market conditions and economic pressures, including high raw material and energy costs, inflationary impacts, and competition from low-cost PTA imports, the Company has decided to implement its asset optimization strategy by divesting its investment in IVPPTA. The plant hadceased operation2 years ago.

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