STA STA 1Q 1Q20 20 Pr Prese esentation ntation Opportu - PowerPoint PPT Presentation

STA STA 1Q 1Q20 20 Pr Prese esentation ntation Opportu ortunity nity Day 5 June e 2020

Agen enda da 1. STA Business iness Highli hlights ghts 2. Finan ancial cial Performa formanc nce 3. Na Natural ural Rubber bber Marke ket t Situation uation 4. Busi siness ness Outlo look ok 2

1 1 STA A Bu Business iness Highlights hlights 3

: The World’s Leading Fully Integrated Natural Rubber Company About out STA: Establish shed d in 1987 987 Rubber Plant ntatio ions ns Rubber Processin ssing Rubber Glove oves nstream Upstream ream stre Downst Midst 36 36 NR proc 3 ocessi sing ng plant nts s in Thaila land nd, location ons s of glove ove factori ories s in Tha hailand nd 45,000 000 rai Indo donesi sia and Myanma nmar 33 33 2. 2.9 million billion pieces of gloves in production rai on ton ons in prod oduction on capacity y capacity per year per year 19 19.9 1.1 million 1. (7,2 ,200 00 hectare res) s) of rubber r plant ntations ns billion pieces of gloves sold in 2019 on ton ons sold d in 2019 019 7% 7% 8% 8% market ket share re of global obal glove ves marke ket t share of globa obal natura tural rubbe ubber consump nsumption on in 2019 019 consump nsumption on in 2019 019 45 45 304,7 4,721 21 6.3 .3 billion pieces of gloves sold in 1Q20 ton ons s sold d in 1Q20 20 procure urement nt centers rs > 3, 3,000 000 STA’s Global Prese sence nce Rubber r farme mers rs and dealers rs s of STA A Friend iend being ng members Thailand nd USA Sing ngapore pore Vietnam nam Myanm nmar Indonesi donesia China na mobile application on 4

Upstr trea eam m Oper erat ation ions s – Rubber er Plan antat tatio ions ns Area of Rubbe ber Planta ntati tions ns ( 2020F 2020F ) Infras astru tructu cture re 13% 13% Appr prox. ox. Tapping ng Area Imma mature ure NR Area 45,00 000 0 rai 20% 20% 65% 65% 7,200 200 HA Other Cr Crops ps 2% Esti timate ted d Matu ture re Plantations ntations 19 19 Pro Producti ction (ton tons) Tap Tapping ing, tre trees ( es (RHS RHS) 14,000 2,500,000 Provin inces es in Thailand 12,000 2,000,000 Lampang Phrae 10,000 Sukothai Kalasin Pichit Phayao 1,500,000 8,000 Phitsanulok ok Nan Petchaboon Songkhla 6,000 ~ 1,400 Tons 1,000,000 Chiang Ch g Ra Rai Surat Thani 4,000 Chiang Mai Krabi 500,000 Sakon onNakhor orn Chumporn 2,000 Utaradit Bungkan 0 0 Sakaeo Incre rease se numb mber r of tapping ng area from om 4,400 400 rai in 2019 19 2020F 2021F 2022F 2023F 2024F 2025F 2026F 2027F 2017 2018 2019 to 9,30 300 0 rai in 2020 020 [+193 +193%] %] Note: The green provinces are where our factories located in. 5 Note: Information as of 31 March 2020

Mids dstre tream am Oper erat ations ons – NR Proce cess ssing ing 36 36 Product oduction on Ca Capacity acity (mil. tons) s) 66% 66% Techn hnica icall lly y Glob Gl obal al NR NR Co Consu nsumption mption ( (RHS RHS) processing ng facil iliti ties Spec ecifi fied ed Eng ngine neer ering ng cap capaci acity ty ( (LHS LHS) of tota tal sales Rubber ber [TSR] y*: 2.86 mil. tons/ Capacit city*: s/ann nnum Sales es volu olume ( e (LHS) HS) revenue in 1Q20 3.00 15.00 24 24 proces 2.50 essin sing facilit itie ies 12.00 y*: 2.10 .10 mil. tons/ Capacit city*: s/ann nnum TSR 8% 8% 2.00 5 process 5 Ribbe bed d Smoke ked d Sheet t [RSS] of tota tal sales ssin ing facilit lities es 9.00 RSS y*: 0.21 21 mil. tons/ revenue in 1Q20 Capacit acity*: s/an annu num 1.50 7 7 process ssing facilit lities es 6.00 y*: 0.55 .55 mil. tons/ LTX Capacit city*: s/ann nnum 1.00 3.00 4% 4% 0.50 Concentrate ntrated Late tex x [LTX] TX] of tota tal sales 0.00 0.00 revenue in 1Q20 2007 2011 2015 2016 2017 2018 2019F 2020F Note: *Total engineering capacity 6 Note: Information as of 31 March 2020

Maj ajor r Cu Custo tome mers rs in Mids dstre tream am Business ness Global l Brands 7

Down Do wnstre tream am Oper erat ations ions – Finishe shed d Product ducts re 3 7% 7% locati ation ons of glove ove Techn hnica icall lly y Glob obal market share factor tories es in Thailand nd Spec ecifi fied ed Rubbe ber r [TSR] STGT 33 33 6. 6.3 19.9 19 .9 Targeting to achieve an annual installed capacity of 50 bn. pcs. by 2024 & 70 bn. pcs. by 2028 bn. pcs.i .ins nstalled bn. pcs. bn. pcs. capacity y per annum um sold in 2019 sold in 1Q20 2019 2017 o Established Songkhla Plant 2011 o Sri Trang Glove ves s (Thailan iland) o Changed company’s name to o Songkhla Plant started Natural Compan any y Public lic Limited tedwas 19 99 Sri Trang Glove ves s (Thailan iland) Rubber Powdered Gloves established from the amalgamation Compan any y Limited ted production between Sri Trang Gloves (Thailand) o Surat Thani Plant started commercial production 1989 Company Limited and Thaikong o Started Nitrile Gloves production and distribution Public Company Limited 8

Our Glove ves s Product ducts Prod oduc uct R t Range nge Variou ous s distri ributio ion n channels ls to reach all target custome omers rs Examina inatio ion/ n/ Non-Exa Exami minatio ion n Glov oves Latex Nitril ile Exhi hibi bition tion Retail ail Busines ness Onlin ine Selli lling ng Agent nt Powde wder-Fre ree Powde wder-Fre ree Powde wdere red - Comf mfort t 5.0 g Our Bra rands - Comf mfort t 4.8 g - Heavy vy 6.2 g - Balan lance e Comfort t 5.5 g - Balan lance e 5.0 g - Balan lance ce4.8 g - Balan lanced ed Plu lus s 5.6 g - Premi mium m 5.8 g - Comfort rt 3.5 g - Balan lance5.8 g - Comfort rt Plu lus s 3.0 g - Premiu mium m 6.2 g - Sense se 2.5 g 9

Sal ales es Volume me Brea eakd kdown wn by Reg egion on Maintain intain our ur market rket shar are e in develop veloped ed marke rkets ts& & Aggre gressive sively ly expand xpand to high grow owth countries untries 6.3 6. Sales s Volu lume me +29.2 9.2 % % EU EU 12% 12% YoY bn. pcs. 19% 19% sold in 1Q20 Asia Nort rth h 12% 12% 45% 45% America Exporting ing to Sales s Volume me 15% 5% +14.5 4.5 % +140 40 Middle % 5% 5% East QoQ 4% 4% countri tries es Africa 4% 4% Produ duct t Mix by Volume Sout uth h Ameri rica 11% 11% 12% 31% 33% 13% 3% Nitr Ni trile Ow Own Ocea eania nia 1% 1% Brands Bra ds La Late tex 89% 88% OEM EM 67% 69% FY1 Y19 3M2 M20 FY1 FY19 3M2 M20 Informati tion on as at 31 March 2020 10 10

Globa bal l Glove ve Mar arke ket t Outl tloo ook Deman mand Ke Keeps ps Growi wing ng & Hidden en Consumption sumption in Emerging rging Markets rkets Global bal Glove ve Deman mand Globa bal l Market rket Share re in 2019 [bn. pcs.] 350 Average ge growth h at 10-12% per annum +12% 2% 300 300 Indon donesia 300 3% 3% 268 268 China na 11% 11% 233 233 250 210 210 194 194 300 300 180 180 200 171 171 Thaila land nd 160 160 Malay laysia sia 150 150 148 148 19% 19% 150 67% 67% bn. pcs. 100 50 50 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Source: MARG RGMA Source: MARG RGMA 11 11

Ke Key Dr Drive vers rs in Rubber er Glove ve Co Consumpt umptio ion Growth wth in Health lthcare re Indu dustry stry around nd the World ld Incre reasing ng Usage of Hygieni ienic Produ ducts ts in Develo lopi ping ng Countries tries Fore recaste ted d Rubbe ber r Glove Consumpti sumption per Capi pita ta in Health lthcare re Spend nding ng in Each h Region n in 2018 and d 2023 Develo lope ped d and d Develo lopin ping Countries tries in 2019 2018 ( (LHS LHS) 2023F ( (LHS LHS) CAGR 2 AGR 2018 - - 2023 ( (RHS) Pcs. per Capita USD mm 7.4 7.1 % 150 150 10,0 ,000 8.0 .0 160 Develo eloped ed Countries es 4.7 5.0 6.0 .0 Develo eloping Countr trie ies 140 3.8 3.6 8,0 ,000 4.0 .0 120 100 100 2.0 .0 100 6,0 ,000 0.0 .0 80 80 4,0 ,000 (2.0 (2 .0) 60 60 (4.0 .0) 40 40 2,0 ,000 10 10 (6 (6.0 .0) 20 20 6 4 0 (8 (8.0 .0) 0 Europe Africa United edState ates China India Mid Middle le East La Latin tin Ame Americ rica Asia a Asia and West E st Europe No North th Ame Americ rica Global an and A Afr frica ica Au Austra stralia Potential growth of rubber glove demand in developing countries is supported by Key Drivers: accelera rated d econ onomic growt owth h in such h count untri ries, s, incre rease in awareness ss in the import portance of (1) Increase in aging population hygi giene and d potential current low rate of rubber glove usage per capita in such countries (2) Supportive government policies and access to medical services (3) Increase in Non-communicable Diseases Source: The Economist Intelligence Unit as of September 2019 Source: MARGMA Industry Brief 2019 on the Rubber Glove Industry 12 12

Gloves ves ar are e th the e NEW NO W NORMAL AL 13 13

ver To Touch uch Of Of Li Life e on a g To De Delive a global al sca cale e 14 14

2 2 FIN INANCIAL ANCIAL PER ERFOR FORMANCE MANCE 15 15