INDORAMA CORP SUCCESSFULLY COMPLETES THE ACQUISITION OF ADFERT, A SPECIALTY FERTILIZERS AND CROP NUTRITION SOLUTION COMPANY IN BRAZIL ON 1 NOVEMBER 2022 November 4th, 2022

With great pleasure, we announce that effective November 1st, 2022, Indorama Holdings Brasil Ltda ("IHBL" or "Indorama"), has consummated the acquisition of Adfert Aditivos Industria e Comercio LTDA and its affiliates ("Adfert"). All condition precedents have been fulfilled and customary regulatory approvals have been received with no further amendments.

On behalf of Indorama, we welcome Adfert´s team to our family and we look forward to having all of you on board.

This marks another important step towards our long-term commitment with the Brazilian agribusiness.

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PT Indorama Synthetics Tbk published this content on 04 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2022 11:31:06 UTC.