Sri Trang Gloves (Thailand) Public Company Limited Analyst Meeting - PowerPoint PPT Presentation

Sri Trang Gloves (Thailand) Public Company Limited Analyst Meeting 08 July 2020 Strictly Private and Confidential

Disclaimer The information contained in our presentation is intended solely for your personal reference only. Please do not circulate this material. If you are not an intended recipient, you must not read, disclose, copy, retain, distribute or take any action in reliance upon it. The information may be subject to completion or amendment through the delivery of additional documentation. Except as otherwise provided herein, this document does not constitute an offer to sell or purchase any security of engage in any transaction. The information contained herein has been obtained from sources that STGT considers to be reliable; however, STGT makes no representation as to, and accepts no responsibility or liability for, the accuracy or completeness of the information contained herein. In addition, such information contains projections and forward-looking statements that reflect our current views with respect to future events, financial performance and result of STGT’s activities. These views are based on assumptions subject to various risks and uncertainties. No assurance is given that future events will occur, that projections will be achieved, or that our assumptions are correct. Actual results may differ materially from those projected. The information contained in this presentation is subject to change without notice and STGT does not undertake any duty to update the forward-looking statements, and the estimates and assumptions associated with them, except to the extent required by applicable laws and regulations 2

Table of Content Section Topic Page 1 Company Overview 4 2 Industry Overview 9 3 Future Growth Strategies 13 4 Financial Highlights 27 5 Contact Us 37 3

Section 1: Company Overview

STGT at Glance STGT’s total installed capacity of 32,619 million pieces Group Structure per annum is considered world’s #3 rubber gloves manufacturer Rubberland Sri Trang Other Products Holdings Dr. Viyavood STA Sincharoenkul Others Company Company Sincharoenkul Family Limited (“RBL”) Limited (“STH”) Variation of Products 50.7% 5.4% 3.7% 4.9% 5.1% 30.2% Latex Powdered Examination Gloves Nitrile Powder - 100.0% 100.0% Free Examination Latex Gloves Powder – Free SDME STU Examination Gloves as of 02/07/2020 STGT’s Touch of Life Product Presence: More than 140 Countries in Every Continents since the Establishment until Present Our Major Sales are from: 19.0% 5,625 17.3% Europe 3.5% million pieces 44.6% North America Middle East per annum Asia South Africa 11.1% 9,953 3.5% South America million pieces 1.0% per annum Australia and 17,041 Oceania million pieces per annum 5

Vision and Mission Vision Deliver a “Touch of Life” on a global scale Mission Because “Rubber Glove” is the first touch of life, STGT focuses on developing disposable natural and nitrile glove to cover various use in every aspect of life including medical, food consuming, aesthetic, and other industries. STGT’s expertise and R&D teams concentrate in every step of production from carefully selection of high quality raw material and environmental-friendly production process to global scale distribution. With STGT’s invention, innovation and cutting edge technology, STGT produces high quality rubber gloves that comply with global standard under most efficient cost of production. STGT builds confidence for customers, investors and financial institutes as well as sustainably creates profit and growth. 6

Major Development 2019 Surat Thani o STGT was established from the amalgamation between Sri Trang Gloves (Thailand) Company Limited and TK Trang o STGT acquired 100.0% shares of SDME from STC o STGT acquired 100.0% shares in STU from STA Capacity: 5, 6 25 mmPcs/year o Hat Yai Plant reached total production lines of 94 lines 2020 o Trang Plant reached total production lines of 17 lines Capacity: 9,953 mmPcs/year 2019 2017 2020 o Changed company’s name o Hat Yai Plant reached total to Sri Trang Gloves 2018 production lines of 100 lines (Thailand) Company Limited o Trang Plant reached total Hat Yai 2013 production lines of 24 lines o Listing on the Stock Exchange o Surat Thani Plant reached 2018 2017 of Thailand (SET) on 2 July total production lines of 14 o Hat Yai Plant expanded 2020, raising amount of THB lines 6 production lines and 14,905 million from the IPO 2005 reached total production 201 3 Capacity: 17,041 mmPcs/year lines of 90 lines o Hat Yai Plant expanded o Surat Thani Plant production lines and 2011 expanded 7 production reached total production lines and reached 21 lines of 78 lines 2009 production lines 1993 2011 o Started Natural Rubber Powder- 2005 o Surat Thani Plant started 201 6 Free Gloves production commercial production o Reached 1 billion pieces of gloves 2014 19 99 2009 production o Hat Yai Plant expanded production lines and 201 6 19 93 reached total production lines of 84 lines o Trang Plant (TK) started commercial 1999 production with Natural Rubber 201 4 Powdered Gloves production capacity 1989 o Started Nitrile Gloves production and distribution o TK was established of 4 billion pieces per year with 12 o Hat Yai Plant reached total production lines of 60 lines production lines 1989 Note: TK: Thaikong Public Company Limited o Established Hat Yai Plant SDME: Shi Dong Medical Equipment Company Limited o Hat Yai Plant started Natural Rubber Powdered Gloves production STA: Sri Trang Agro-Industry Public Company Limited STC: Startex Rubber Corporation STGT: Sri Trang Gloves (Thailand) Public Company Limited STU: Sri Trang USA, Inc. 7

Business Overview Leading Rubber Glove Producer in the World with Total Installed Capacity of 32,619 MM Pieces per Year (1) 1 Surat Thani Plant Business Overview Natural Rubber Glove Business 1 3 Production Facilities  Natural Rubber Powdered Glove Total Installed Capacity of  Natural Rubber Powder-Free Glove 32,619 mm pieces per year 2 Nitrile Glove Business Revenue Structure OEM VS Own Brands Installed 5,625 mm pieces Own Brand & Capacity (1) Its Subsidiaries' per year and STA Group's Brands Natural Rubber Main Raw Concentrated Latex / Synthetic Nitrile Glove 14.1% Powdered Business Material Rubber Latex Glove Business 35.2% 36.4% Karnchanadid, 1Q/2020 1Q/2020 Product Natural Rubber Powder-Free THB 3,760.56 mm THB 3,760.56 mm Surat Thani Glove / Nitrile Glove Natural Rubber 2 Hat Yai, Hat Yai Plant OEM Powder Free 85.9% Songkhla Glove Business 28.3% Kantang,  Trang STGT produces and distributes its natural rubber gloves and nitrile gloves through (1) Original Equipment Manufacturer (“OEM”) and (2) STGT’s own brands and its subsidiaries’ and STA Group’s brands Sales Volume and Production 3 Trang Plant 90.5% 90.3% 89.9% 88.6% 94.0% 86.9% Installed 17,041 mm pieces 20,084.23 Capacity (1) per year (New Hat Yai plant 16,709.48 has adopted an automation 19,891.89 12,718.52 13,312.82 technology with additional 15,786.82 12,886.53 capacity of 3,629 mm pieces 13,227.36 6,517.15 per year) 5,051.29 6,277.96 4,878.69 Main Raw Concentrated Latex / Material Synthetic Rubber Latex 2016 2017 2018 2019 1Q/2019 1Q/2020 Installed Capacity (1) 9,953 mm pieces per year Product Natural Rubber Powdered Production Volume (mm pieces) Sales Volume (mm pieces) Main Raw Material Concentrated Latex Glove / Natural Rubber Utilization Rate (%) based on technical capacity Powder-Free Glove / Product Natural Rubber Powdered Glove Nitrile Glove Note: (1) Installed capacity as of 31 March 2020 8

Section 2: Industry Overview