Shareholding Structure in Subsidiaries and Affiliates

Remarks : Significant change in the shareholding structure in subsidiaries and affiliates from 1 January 2022 to 31 December 2022

(1) June 30th, 2022 : PTTGC International (Netherlands) B.V. (GC BV) purchase additional ordinary share of Vencorex Holding (Vencorex). As a result, GC BV currently holds 100% of Vencorex shares.

(2) July 1st, 2022 : AGC Vinythai Public Company Limited (AVT) was established by the amalgamation between Vinythai Public Company Limited (VNT) and AGC Chemicals (Thailand) Co., Ltd. (AGC-TH). After the shares allocation of AVT, GC effectively holds 27.32% of AVT shares.

(3) July 1st, 2022 : GC restructured the group business by means of entire business transfer from GC Glycol Co.,Ltd. (Glycol) and GC Styrenics Co.,Ltd. (GCS) to GC. As a result, GC directly and indirectly holds 74% of GC-M PTA and TPRC shares.

(4) August 31st, 2022 : GC Glycol Co., Ltd. (Glycol) and GC Styrenics Co., Ltd. (GCS) have already registered their dissolutions.

(5) September 1st, 2022 : The company received the share transfer of Dynachisso Thai Co. Ltd. (DYCT) and Revolve Group Limited (RGL) from Solution Creation Co., Ltd (SUN).

(6) September 1st, 2022 : The company received the 1% share transfer of GC Marketing Solutions Company Limited (GCM) and the 1% share transfer of GC Logistics Solutions Company Limited (GCL) from Solution Creation Co., Ltd (SUN). As a result, GC currently holds 100% of GCM and GCL shares.

(7) September 30th, 2022 : GC Marketing Solutions Company Limited (GCM) purchased additional ordinary share of PT GCM Marketing Solutions Indonesia (GCM Indonesia) from PT. Cipta Aneka Air. As a result, GCM currently holds 100% of PT GCM Marketing Solutions Indonesia shares.

(8) December 9th, 2022 : The company changed proportion of shareholding in Thai Tank Terminal Company Limited (TTT) to 36.43% and resulted to the change in investment of TTT from subsidiary company to joint venture company.

(9) December 15th, 2022 : The company subscripted new ordinary shares in AGC Vinythai Public Company Limited (AVT). As a result, GC currently holds 32.72% of AVT shares.

(10) December 29th, 2022 : PTT Energy Solutions Company Limited (PTTES) has already registered its dissolution.

Subsidiaries

allnex
allnex Holding GmbH
GCO
GC Oxirane Company Limited
PPCL
PTT Phenol Company Limited
SUN
Solution Creation Company Limited
GCL
GC Logistics Solutions Company Limited
GCLS
GC Logistic Solutions (Vietnam) Company Limited
PLGT
PL Global Transport Company Limited
GCM
GC Marketing Solutions Company Limited
GCM China
GC Marketing Solutions (Shanghai) Company Limited
GCM DMCC
GCM Polymer Trading DMCC
GCM Myanmar
GC Marketing Solutions Myanmar Company Limited
GCM Vietnam
GC Marketing Solutions Vietnam Company Limited
GCM Indonesia
PT GCM Marketing Solutions Indonesia
GCP
GC Polyols Company Limited
GGC
Global Green Chemicals Public Company Limited
ENVICCO
ENVICCO Limited
GC-M PTA
GC-M PTA Company Limited
TPRC
Thai PET Resin Company Limited
Vencorex
Vencorex Holding
GCEC
GC Estate Company Limited
GCME
GC Maintenance and Engineering Company Limited
GCTC
GC Treasury Center Company Limited
NPC
NPC Safety and Environmental Service Company Limited
NPCSG
NPC S&E Security Guard Company Limited
GCI
GC International Corporation
GCIA
PTTGC Innovation America Corporation
GC Inter
PTTGC International Private Limited
GCV
GC Ventures Company Limited
GCVA
GC Ventures America Corporation
GCA Corp
PTTGC America Corporation
GCA
PTTGC America LLC
GC BV
PTTGC International (Netherlands) B.V.

Joint Ventures

EOUK
Emery Oleochemicals UK Limited
HMC
HMC Polymers Company Limited
NatureWorks
NatureWorks LLC
PTTAC
PTT Asahi Chemical Company Limited
PTTMCC
PTT MCC Biochem Company Limited
RGL
Revolve Group Limited
TTT
Thai Tank Terminal Limited

Affiliates

DYCT
Dynachisso Thai Co. Ltd
EFT
Eastern Fluid Transport Company Limited
KGC
Kuraray GC Advanced Materials Company Limited
PTT Digital
PTT Digital Solutions Company Limited
SPIG
S. P. Petpack Inter Group Company Limited
AVT
AGC Vinythai Public Company Limited

Others

BSA
Business Services Alliance Company Limited
GPSC
Global Power Synergy Public Company Limited
PRS RAYONG
Pracharath Rak Samakkee Rayong (Social Enterprise) Company Limited
SPSE
Sarn Palung Social Enterprise Company Limited
TPBIMS
TPBI & Myanmar Star Company Limited