SRI TRANG GLOVES THAILAND PLC

Sri Trang Agro-Industry Public Company Limited (“STA”) was established in 1987. With determination and intention, STA has grown and become a fully integrated natural rubber company. For the upstream business, the Company invested in large-scale rubber plantations and currently has an area of 7,500 hectares for rubber and other economic crop plantations in 19 provinces of Thailand.

For the midstream business, STA has a market share of approximately 11 percent of the global demand for natural rubber in 2022 and has a market share of Thai natural rubber production of 33 percent, which increased from 32 percent in 2021. The Company offers a complete range of natural rubber products to meet the diverse needs of customers worldwide, from Technically Specified Rubber (TSR) and Ribbed Smoked Sheets (RSS) to Concentrated Latex with a production capacity of 3.18 million tons per annum, from its 35 processing facilities located in the 2 largest natural rubber producing countries in the world, Thailand and Indonesia, as well as in Myanmar, which is a country with growth potential in the natural rubber plantation area.

For the downstream, Sri Trang Gloves (Thailand) Public Company Limited (“STGT”), one of Sri Trang Group’s flagship companies, engages in the production and distribution of latex and nitrile examination and industrial gloves to customers in over 170 countries globally. STGT has offices in Thailand, China, the United States, Vietnam, and the Philippines. With cuttingedge production facilities located in Songkhla, Suratthani, Trang, and Chumphon, a total installed capacity of 52.5 billion pieces of gloves per annum at the end of December 2022, STGT is the largest glove producer in Thailand, and is ranked among the world’s leading glove producers with a market share of 7.2 percent of global glove consumption in 2022. In addition to glove production and distribution, we are also part of a joint venture that is Thailand's largest manufacturer of high-pressure hydraulic hoses for industrial purposes.

In addition, we have various subsidiaries that provide operational support for our core businesses, including research and development, information technology and innovation, logistics, and rubberwood processing.

Currently, STA is the first and only Thai rubber company that is listed on both the Stock Exchange of Thailand or SET (Primary Listing) and the Singapore Exchange or SGX (Secondary Listing).