Indorama Ventures Public Company Limited at its annual general meeting of shareholders no. 1/2023 held on April 25, 2023, approved the reduction in the total number of directors of the company from 15 to 12 due to the vacancy from the retirements by rotation of: (a) Mr. Kanit Si and Dr. Siri Ganjarerndee, who are ineligible for re-election as they attained the mandatory retirement age criteria for independent directors as specified in the board of directors charter; and (b) Mr. Udey Paul Singh Gill, who will retire from the services of the company, has, therefore, not given his consent for re-election.