Company Presentation

Polyethylene Bag Manufacturer and Exporter

Total compostable Biopolymer producer

Polyethylene Bag Manufacturer and Exporter. Bioplastic bags for better quality of life General Information

Multibax Established : 19 June 1995 Registered to Public Company : First trade on Jan 29, 2007 Business : Manufactures and Exporter plastic bag Registered capital : 128 million baht Paid-up capital : 128 million baht Major Shareholder : Mr.Anuwat Suthmahatayankun (11.01%) % share : Thai 87.15% , Foreigner 12.85%

Bioplastic bags for better quality of life Site Location

HEAD OFFICE & FACTORY SALES OFFICE 211 Moo 3 Leamchabang Industrial Estate 456 Soi Chokechai Jongchamroen, EPZ 2, Toongsukhla, Sriracha City, RAMA 3 Road, Bangpongpang, Chonburi Province 20230 Thailand Yannawa, Bangkok 10120 Thailand Phone (66 38) - 490725 - 9 Phone (662) - 6833300 FAX (66 38)– 492485 FAX (662) - 6833800 URL : www.multibax.com E-Mail : [email protected]

Polyethylene Bag Manufacturer and Exporter. Bioplastic bags for better quality of life Organization chart

Firstname Surname Position Board of Mr. Vichien Tangudtaisuk Chairman Directors

Mr. Anuwat Suthmahatayangkun Director / Managing Director Audit Committee Mr. Prakit Seksran Director

Mr. Rungnaris Kulkrityavanich Director Management Director / Deputy Managing Committee Mr. Pisuth Lertvilai Director Director / Deputy Managing Internal Mr. Surachai Atsawakeawmongkhon Director Audit Chairman of the Audit Committee Mr. Adirek Sriwatanawongsa / Independent Director Audit Committee/ Managing Mr. Thanadol Tongsukh Independent Director Director Audit Committee/ Ms. Benjawan Sinkunakorn Independent Director Deputy Managing Director

Accounting Engineer Sales Production Administrative Director Director Director & Financial Director Director

Polyethylene Bag Manufacturer and Exporter. Bioplastic bags for better quality of life Business

Core Business : Manufacture and export made-to-order plastic bags Production capacity : 22,440 tons/year Plant Area : 25,000 sq.m. Number of employees : 775 persons (as of January 6,2010)

PE Supplier Plastic Bags Manufacturer Major Customers

HDPE : 1) Manufacturers 2) Importer for stores

LDPE : 1) Manufacturers 2) Wholesalers/ Distributors

Polyethylene Bag Manufacturer and Exporter. Bioplastic bags for better quality of life Plants & Facilities

Factory 1 Factory 2 Factory 3

Factory 4 Factory 5

Polyethylene Bag Manufacturer and Exporter. Bioplastic bags for better quality of life Products from Factory #1

Tie Handle Bag Bin Liner Trash Bag

TRASH BAG LINE HDPE / LLDPE / MDPE - Bioplastic Bag - Bin liner - Tie Handle Total Compostable - Drawtape Bioplastic Bag Draw Tape Bag Capacity 750 tons/month

Polyethylene Bag Manufacturer and Exporter. Bioplastic bags for better quality of life Products from Factory #2

FOOD BAG LINE LDPE / HDPE / MDPE - Sandwich bags ( Zipper ) - Food Bags Capacity 600 tons/month

Polyethylene Bag Manufacturer and Exporter. Bioplastic bags for better quality of life Products from Factory #3

FRUIT BAG LINE LDPE / LLDPE - Grape Bags - Cherry Bags - Apple Bags Capacity 525 tons/month

Polyethylene Bag Manufacturer and Exporter. Bioplastic bags for better quality of life Products from Factory #5

BIOPLASTIC BAG LINE MBIO-1 Resin - Biodegradable Bag Capacity 200 tons/month

Bioplastic bags for better quality of life Revenue Structure

Types of Products Major Export Markets

ASIA GARBAGE BAG 3% 53% USA FOOD BAG AUS+NZ+SAF 41% 12% 22%

OTHERS ZIP BAG 1% 26% GRAPE BAG 8% EUROPE 34%

ZIP BAG FOOD BAG GARBAGE BAG USA EUROPE AUS+NZ+SAF ASIA OTHERS GRAPE BAG

Bioplastic bags for better quality of life Exported from Thailand

MBIO-1 Resin

AREAS

USA 41% EUROPE NORTH EUROPE 34% AMERICA ASIA JAPAN AUS+NZ+SAF 22% ASIA 3%

MIDDLE AMERICA SAF AUSTRALIA SOUTH AMERICA

Main Exporting Market

Minor Exporting Market

Polyethylene Bag Manufacturer and Exporter. Bioplastic bags for better quality of life Our Technology

Bioplastic bags for better quality of life Our Technology

PolyethyleneBioplastic bags Bag forManufacturer better quality and ofExporter. life Our Technology

PolyethyleneBioplastic bags Bag forManufacturer better quality and ofExporter. life Our Technology

Bioplastic bags for better quality of life Our Facilities

PolyethyleneBioplastic bags Bag forManufacturer better quality and ofExporter. life Machines

Bioplastic bags for better quality of life Production Capacity

35,000 2,000

1,800 30,000 1,600

25,000 1,400

1,200 20,000

1,000 sale total capacity 15,000 800

10,000 600

400 5,000 200

0 0 2005 2006 2007 2008 2009 2010 Capacity 23,919 24,748 27,444 29,304 29,304 29,304 Sale total 1,326.20 1,352.48 1,587.43 1,872.00 1,522.00 1,335.00 years

Bioplastic bags for better quality of life Line Process

Mixing Warehouse

PE Material Delivery

Quality Control

Printing Cutting

Extrude Packing

Bioplastic bags for better quality of life Certificates

BRC GOLBAL ORTHODOX GMP ISO 9001:2008 PRINTING INK for HEAVY METALS STANDARD UNION FOOD PACKAGING

Polyethylene Bag Manufacturer and Exporter. Bioplastic bags for better quality of life Delivery on Time

Exported Goods by Air 80 Km. to Airport

Imported Material Supply 2 Km. from Leamchabang Seaport

Export Processing Zone

Manufacturer

Local Materila Supply Exported Goods by Sea 60 Km. from PE Plant Supplier 2 Km. to Leamchabang Seaport

Bioplastic bags for better quality of life Multibax Public Company Limited (MBAX) Thank you

Bioplastic bags for better quality of life