Opportunity Day

Stock Exchange of Thailand

Quarter 1, 2017

Enhances lives everyday withThe Green Chemical Concept

Disclaimer

This presentation includes forward-looking statements that are subject to risks and uncertainties,including those pertaining to the anticipated benefits to be realized from the proposals describedherein. This presentation contains a number of forward-looking statements including, in particular,statements about future events, future financial performance, plans, strategies, expectations,prospects, competitive environment, regulation and supply and demand.

GGC has based these forward-looking statements on its views with respect to future events andfinancial performance. Actual financial performance of the entities described herein could differmaterially from that projected in the forward-looking statements due to the inherent uncertainty ofestimates, forecasts and projections, and financial performance may be better or worse thananticipated. Given these uncertainties, readers should not put undue reliance on any forward-lookingstatements.

Forward-looking statements represent estimates and assumptions only as of the date that they weremade. The information contained in this presentation is subject to change without notice and GGCdoes not undertake any duty to update the forward-looking statements, and the estimates andassumptions associated with them, except to the extent required by applicable laws and regulations.

Agenda

Page 3

GGC Business Overview

Strategic Direction

1Q/17 Financial Highlights

Agenda

Page 4

GGC Business Overview

Strategic Direction

1Q/17 Financial Highlights

GGC – Green Flagship

A Prominent Player in Oleochemical Business Aiming to Become a Leading Green Chemical Company

GGC’s Post-IPO Shareholding Structure Key Milestones

TETSOJV

Biocomplex

Public

72.29(1) - 75.00%

>99.99%(3) 30.00%(4)50.00% 50.00%(5)

25.00 – 27.71%(1)

2015

2008

2005

2006

Founded

TOL and

TFA

Commenced

Operations

Completed

corporate

restructuring

for spin-off

Converted

into a PLC

and renamed

to GGC

Acquired

50% in TEX

Invested in

30% interest

in TETSO

2016

LEADING

GREEN

CHEMICAL

COMPANY

ME Plant 2 COD(7)

2018

2017

Kernel Nut

Extraction

Plant COD(7)

Biocomplex

Phase 1 COD(7)

2019

Biocomplex

Phase 2

50.00%(2)

Note: (1) In the case that full over–allotment options are exercised (2) Held by BASF Thai Company Limited (3) Other 2 shares are held by individuals (4) Remaining

70.00% are held by Eastern Palm Oil Company Limited (5) Remaining 50.00% are to be held by Kaset Thai International Company Limited (KTIS) (7) Scheduled COD

Page 5

http://www.google.co.th/url?url=http://www.ftipc.or.th/category_inside.php?category_id=13&rct=j&frm=1&q=&esrc=s&sa=U&ei=nO5ZVc-gBcKPuATU-YO4Cw&ved=0CBcQ9QEwAQ&sig2=mlzhxe3lz1ueVlSpnazqLA&usg=AFQjCNHf56YdE6i54WILyk6TAqWSLxQgtA

Overview of GGC’s Value Chain

Strong Foothold of Upstream Businesses and Integrating into Downstream Businesses

Home Care

Industrial Aids

Personal Care

Chewing Gum /

Candy

Personal Care

Pharmaceuticals

End Use

B100 (used to

produce Biodiesel,

transportation fuel)

GGC’s Product TEX’s Product

Raw MaterialBasic

Oleochemicals

Oleochemicals

Derivative

Methyl Ester

Fatty AlcoholsFatty Alcohols

Ethoxylates

Refined Glycerine

Fatty Alcohols Ether Sulfates

Fatty Alcohols Sulfates

(FAEO)

(ME)

(FA)

Palm Kernel Oil

Palm Oil

(CPO)

(CPKO)

(Glycerine or GL)

Operating Performance Overview

62%38%

Sales Revenue Breakdown

By Business Unit

1Q/17 : Total 4,246 MB

Adjusted EBITDA Breakdown

By Business Unit

1Q/17 : Total 345 MB

ME Business Unit (ME + GL)

FA Business Unit

Page 6

47%53%

GGC’s Key Strengths

Advanced technology from international manufacturer

Feedstock flexibility

Cost competitiveness

Production yield competitiveness

Reliability – minimal unplanned downtime

ME and FA positioned as premium products with high quality

Internationally recognizable brand renowned for its quality

Strong operational standard highly recognized and awarded

RSPO certified in line with global trends

GGC, the Designated Green Chemical Flagship Company of the PTTGC Group, a Leading Oleochemical Player with

Growth Opportunities in the Downstream Businesses

Technologically advanced production

plants and commitment for continuous

improvement

Strong brand equity with high-quality

products and service standards

99.78%99.64%

99.99%

2014 2015 2016

Plant OperatingPeriod

High Reliability - Minimal Downtime(1)Superior ME Profitability

2,936 3,147 2,847

7.5%9.0%

7.2%

0

0.01

0.02

0.03

0.04

0.05

0.06

0.07

0.08

0.09

0.1

0.00

500.00

1,000.00

1,500.00

2,000.00

2,500.00

3,000.00

3,500.00

4,000.00

4,500.00

5,000.00

2014 2015 2016

EBITDA per ton

EBITDA Margin

1

Brand Sustainability Awards Certifications

2

THB / ton

Note: (1) Operating period is based on amount of time without unplanned shutdown over total hours in a year (365 days * 24 hours) Page 7

GGC’s Key Strengths (cont’d)

GGC, the Designated Green Chemical Flagship Company of the PTTGC Group, a Leading Oleochemical Player with

Growth Opportunities in the Downstream Businesses

Located in Rayong with proximity to various partners, suppliers, customers etc.

Connecting pipelines to supplier (for hydrogen) and customer (for FA to TEX)

allows cost and quality advantages

Advantage in developing new products and quality of existing product that requires

Hydrogen as raw material

Designated green chemical flagship of PTTGC

Long-standing business relationships with PTT Group, PTTGC Group and

other business partners i.e. Shell, Esso, SPRC and Unilever

Strategic Location in the Map Ta

Phut Industrial Complex with

Proximity to Suppliers and

Customers

Strategic relationship with PTT

Group, PTTGC and global industry

leaders

TEX10%

Others45% PTT

Group

45%

2016 Sales Breakdown by Customer

PTT Group

Current facilities

Future projects

3

4

CLMV

Biocomplex

ME plant II ME & FA plant

Page 8

Agenda

GGC Business Overview

Strategic Direction

1Q/17 Financial Highlights

Page 9

Aspiration to Become a Leading Green Chemical Company

Our Strategies in Completing the Three Pillar Growth Roadmap

Product Portfolio Aspiration

Under the Three Pillar Strategy

Maintaining leadership position in our current business1

Continuously pursuing operational excellences to improve profitability2

Expanding customer base and maintaining relationship with existing valuable customers3

Emphasizing on R&D for high value products4

Expansion into specialty oleochemicals5

Moving toward biochemicals and bioplastics6

Biofuel

ME Ethanol

FAEO

GLFA

Special-

ties

Bioplastics

Our Strategies

Palm Base

Biochemicals

Sugar Base

Page 10

Bio

chemicals

Bio

Plastics

Oleo Specialties

Refined Glycerine

Plant 220 KTA

Projects in the pipeline

ProjectKernel Nut

Extraction (TETSO)

Methyl EsterPlant 2

Refined GlycerinePlant 2

Oleo Specialties BiocomplexPhase 1

CapacityFeedstock Intake

90 KTAMethyl Ester

200 KTAMethyl Ester

20 KTATBA

Sugarcane : 2.4 mm TPAEthanol : 186 mm LPA

CAPEX380 MB

(GGC holds 30%)1,650 MB TBA TBA

7,615 MB(GGC will hold 50%)

Project Progress Update Under Construction Under Construction Feasibility Study Feasibility Study FID : 4Q/17

Scheduled COD 4Q/17 4Q/18 Targeted : 4Q/18 Targeted : 4Q/19 4Q/19

2017 2018 2019

Kernel Nut Extraction90 KTA Feed Intake

Methyl Ester Plant 2200 KTA

BiocomplexPhase 1

Sugarcane : 2.4 mm TPA

Ethanol : 186 mm LPA

2020

Page 11

Agenda

GGC Business Overview

Strategic Direction

1Q/17 Financial Highlights

Page 12

1Q/16 4Q/16 1Q/17 % YoY % QoQ

Sales Revenue (Millon Baht) 3,124 2,111 2,642 -15% 25%

Plant Utilization Rate (%) (1) 102% 59% 86% -16% 27%

Sales Volume (Tons) (2) 88,345 53,038 69,205 -22% 30%

Sales Volume (Million Litres) 102 61 80 - 0 30%

Adjusted EBITDA (Million Baht)(3) 303 143 163 -46% 14%

Adjusted EBITDA Margin (%) 9.7% 6.8% 6.2% -3.5% -0.6%

Note : (1) Nameplate Capacity 300,000 Tons per year (2) Coversion ratio: 0.865 Tons = c.1,000 Litres

(3) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV

1Q/16 4Q/16 1Q/17 % YoY % QoQ

Sales Revenue (Millon Baht) 1,211 2,009 1,604 32% -20%

Plant Utilization Rate (%) 98% 105% 89% -8% -16%

Sales Volume (Tons) 25,321 28,048 19,890 -21% -29%

Adjusted EBITDA (Million Baht)(1) 19 91 181 833% 99%

Adjusted EBITDA Margin (%) 1.6% 4.5% 11.3% 9.7% 6.8%

Note : (1) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV

Quarter 1/2017 Highlights by Business Unit

Fatty Alcohols Business Unit Highlights

B5-B3 B5B7B7-B3

*Biodiesel mandate B7 – effective from May 8, 2017

Methyl Ester Business Unit (B100) Highlights

Page 13

Biodiesel Mandates & Trend of CPO DIT Price Trend of CPKO MPOB Price

Biodiesel mandate

• Gradual growth of regional CPKO supply,

• CPKO price started to declined mid 1Q/17

• Gradual growth of local CPO supply• Biodiesel mandate was B5 during 1Q/17

GGC’s Fatty Alcohols Business Unit PerformanceGGC’s Methyl Ester Business Unit Performance

B7*

Consolidated Operating Performance

Page 14

4,335 4,120 4,246

1Q/16 4Q/16 1Q/17

Sales Revenue (MB) EBITDA & Adjusted EBITDA* (MB)

EBITDA Margin & Adjusted EBITDA* Margin (%)

407

272 312 323

234

345

9.4%

6.6%

7.3%7.5%

5.7%

8.1%

1Q/16 4Q/16 1Q/17

EBITDA Adjusted EBITDA

EBITDA Margin Adjusted EBITDA Margin

YoY: -2%QoQ: +3%

EBITDA

YoY: -23%QoQ: +15%

Adjusted

EBITDA

YoY: +7%QoQ: +48%

269

142 145

6.2%

3.4% 3.4%

1Q/16 4Q/16 1Q/17

Net Profit Net Profit Margin

Net Profit (MB) & Net Profit Margin (%)

1Q/16 4Q/16 1Q/17

Ad

juste

d E

BIT

DA

Bre

akd

ow

n

By B

usin

ess U

nit

Sa

les R

eve

nu

e

Bre

akd

ow

n

By B

usin

ess U

nit

ME Business Unit FA Business Unit

Note : Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV

Performance Quarter 1/2017 vs. Quarter 4/2016

142 145

72 71

47 49

Q4/2016 Operating Profit Stock Gain FX Other Q1/2017Stock Gain/(Loss)

Page 15

Overall operating profit in Q1/17 was higher than Q4/16,mainly from increasing in spread of Fatty

Alcohols following market P2F.

Stock Gain (Loss) in Q1/17 was loss of 33 MB while there was stock gain in Q4/2016 of 38 MB

,mainly from Fatty Alcohols due to the continuous rise in price of crude palm kernel oil during the

whole quarter.

Gain/(Loss) from FX in Q1/17 was loss 24 MB against gain in Q4/2016 of 23 MB due to baht

appreciation in Q1/17 while baht depreciation in Q4/16.

Net Profit : Million Baht

Performance Quarter 1/2017 vs. Quarter 1/2016

Page 16

269

145

33 128

23 6

Q1/2016 Operating Profit Stock Gain FX Other Q1/2017

Overall operating profit in Q1/17 was slightly higher than Q1/16,mainly from increasing in

spread of Fatty Alcohols following market P2F while there was decrease in sales volume of

Methyl Ester as a result of biodiesel mandate being B5 in Q1/16 while it was B7 in quarter 1/2016.

Stock Gain (Loss) in Q1/17 was loss of 33 MB while there was stock gain in Q1/2016 of 95 MB ,

mainly from Fatty Alcohols due to the continuous rise in price of crude palm kernel oil during the

whole quarter.

Gain/(Loss) from FX in Q1/17 was loss 24 MB against loss in Q1/16 due to baht appreciation in

Q1/17 more than Q1/16.

Stock Gain/(Loss)

Net Profit : Million Baht

Strong Financial Position

Page 17

Statements of Financial Position

Cash and Cash Equivalent

Account Receivable,

Inventory, and other

Current Assets

PP&E

Non-current Assets

Other Liabilities

Interest Bearing Debt

Shareholders’ Equities

December 31, 2016

Baht 11,631 million

March 31, 2017

Baht 11,845 million

Key Financial Ratios

0.7

1.0 1.0

1.8 1.9

0.1 0.2 0.2

0.3 0.3

31 Mar 16 30 Jun 16 30 Sep 16 31 Dec 16 31 Mar 17

Net IBD/EBITDA

Net IBD/Equity

10.7

12.8 13.2

11.0 10.1

9.4

11.1 10.7

8.7 7.3

31 Mar 16 30 Jun 16 30 Sep 16 31 Dec 16 31 Mar 17

ROE ROA

Repayment Plan Cash Flows

231 280

338

441

567

765

2017 2018 2019 2020 2021 2022

Million Baht

Million Baht

528

916

631 159

84

Beg Cash OperCF CA+In Financing Ending Cash

Million Baht

BeginningCash

OperatingCash Flows

EndingCash

FinancingCAPEX &Investment

Appendix

Page 18

Consolidated Income Statement

Page 19

Unit (Million Baht)

MB % MB % MB % MB % MB %

Sales Revenue 4,335 100 4,120 100 4,246 100 (89) (2) 126 3

Feedstock (3,483) - 80 (3,354) - 81 (3,347) - 79 135 (4) 7 (0)

NRV (11) - 0 0 0 - - 11 (100) (0) (100)

Product to Feed Margin 841 19 766 19 899 21 58 7 133 17

Other Variable Costs (363) - 8 (302) - 7 (355) - 8 8 (2) (52) 17

Fixed Costs (130) - 3 (130) - 3 (139) - 3 (9) 7 (9) 7

Stock Gain/(Loss) 95 2 38 1 (33) - 1 (128) (135) (71) (187)

SG&A (49) - 1 (112) - 3 (71) - 2 (21) 43 41 (37)

Other Income 13 0 12 0 10 0 (3) (20) (2) (14)

EBITDA 407 9 272 7 312 7 (95) (23) 40 15

Depreciation and Amortization (130) - 3 (139) - 3 (138) - 3 (8) 6 1 (1)

EBIT 278 6 133 3 174 4 (8) (3) 1 1

Finance Costs (7) - 0 (22) - 1 (22) - 1 (15) 219 (1) 3

FX Gain/(Loss) (1) (1) - 0 22 1 (24) - 1 (23) 2,089 (46) (208)

Shares of profit/(loss) from investment 24 1 24 1 30 1 6 25 6 26

Income Tax Expenses 0 0 (15) - 0 (12) - 0 (13) (4,967) 3 (18)

Net Profit 293 7 142 3 145 3 (148) (51) 3 2

Profit/(Loss) attributable to - - - - - - - - - -

Owners of the company 269 6 142 3 145 3 (124) (46) 3 2

Non-controlling interest 24 1 - - - - (24) (100) - n.a.

Net Profit 293 7 142 3 145 3 (148) (51) 3 2

Note : (1) Including Gain/(Loss) from FX and Derivatives

Adjusted EBITDA (2) 323 7 234 6 345 8 22 7 111 48

Note : (1) Including Gain/(Loss) from FX and Derivatives

(2) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV

1Q/16 4Q/16 1Q/17 YoY QoQ

One-Time Expenses in 4Q/16 and 1Q/17

(1) One-Time Expenses in 4Q/16 : 45 MB

Page 20

407

272

312 323

234

345

9.4%

6.6%

7.3%7.5%

6.8%

8.3%

1Q/16 4Q/16 1Q/17

EBITDA

Adjusted & Normalized EBITDA

EBITDA Margin

Adjusted & Normalized EBITDA Margin

45(1)

8(2)

(2) One-Time Expenses in 1Q/17 : 8 MB

IPO Related Expenses : c.7 MB

Asset Write-Off Expenses : c.23 MB

Litigation Expenses : c.15 MB (primarily recorded in 3Q/17 : 5 MB)

IPO Related Expenses : c.8 MB

Adjusted & Normalized EBITDA (MB)Adjusted & Normalized EBITDA Margin (%)

Value Chain of the Chemical Industry

Page 21Note: Value chain is simplified and exemplified for educational purposes, therefore it does not reflect the whole chain

Petrochemical(1)

Feedstock Upstream Downstream End Applications

High Value Add

Oil fracking

3D/4D PrintingE&E Construction

Durable

Packaging Film / Fiber Auto

Green Chemical(1)

Feedstock Upstream Downstream End Applications

High Value Add

Oil fracking

Phama/Cosme

tic Ingredient

3D/4D PrintingE&E Construction

Durable

Packaging Film / Fiber Auto

Biofuel

HPC Additives

Agro-Green Solutions Lubricants

E&P

(Crude Oil Base)

Refinery/

Aromatics/

Olefin

LDPE, LLDPE, HDPE

Phenol, Acetone, PU, PC

Cellulosic

(Sugar Base)

Oleo

(Palm Base)

Biochemical Bioplastics

Ethanol

Bio

fuel

Bio

pla

stics/

Bio

ch

em

ica

l

ME

FA

Gycerine

Fatty Acid

FAEO

FAES

Oleo

specialties Bio

ch

em

ica

l

Phama/Cos-

metic Ingredients

Overcoming Capacity Limitation via Expansion of ME Plant 2

Expanding GGC’s ME Plant to Future Capture Demand while Maximizing Profitability

Plant Optimization

Serve as

base plant

as can

operate at

low cost

Support

demand at

different

mandate

level by

alternating

feed type

Maximize

Profitability

ME Plant 1ME Plant 2

Feed Flexibility

when deemed

economical

Optimal feed

use

Minimize initial

investments

and operating

cost

Refined Palm Oil

(RPO)

Crude Palm Oil

(CPO)

Methyl Ester

300 KTA

Methyl Ester

200 KTA

Refine

Glycerine

31 KTA

Crude

Glycerine

123.9% Utilization(1)

ME Plant 1

ME Plant 2

Crude Palm Oil

(CPO)

Others

i.e. palm stearin or

mixed feed

Map Ta Phut, Rayong

Nongyai, Chonburi

Flexibility

Efficiency

Jul/16

FIDProject

Timeline

Project Progress

CAPEX

1,650 MB

Apr/17 4Q/18

CODFoundation Stone

Placement Ceremony

Page 22

Applications

By Product Value Added to ME Plant 2 (RGL)

CGL captive use to produce RGL with higher value

Project

Timeline

CAPEX

TBA

4Q/18

Targeted : CODUnder Feasibility Study

ME Plant 2 Refined Gylcerine Plant 2

20 KTARefined GlycerineCrude Glycerine

• Integrated project with ME Plant 2

• Enhance value of by-product, Crude Glycerine from ME production

• Capture market growth of high volume industries

Page 23

CPKO

Profitability Enhancement thru’ vertical integration

JV with experienced partner in Kernel Nut Extraction for Fatty Alcohols feedstock security and cost saving

Started

ConstructionProject

Timeline

CAPEX

380 MB

4Q/17

COD

3Q/16

Kernel Nut Extraction (TETSO)

90 KTA (Feedstock Intake Cap)

Kernel Nut Fatty Alcohols

• GGC holds 30% in JV (TETSO) with Eastern Palm Oil, experienced partner

• Location : Nongyai, Chonburi (Close to palm oil plantation)

• Security of CPKO supply

• Competitiveness enhancement

• Competitive CPKO cost

• Logistic cost saving from better proximity to FA plant

Project Progress

Page 24

Higher - Value Downstream Products

Specialty Oleochemicals Development towards higher profitability

Project

Timeline

CAPEX

TBA

4Q/19

Targeted COD

Fatty Alcohols

Multi Purpose Reactor Specialty Oleochemicals

“Recipe”

Special Feedstocks

Raw Materials

For Property Enhancement

Ingredients in HPC products

• Downstream integration with high margin products,

• Help reduce country import

• Target markets: Thailand, and CLMV

Under Feasibility Study

Page 25

Biocomplex - Leveraging on Thailand’s Bioeconomy

Integrated Complex to Produce Biofuel, Biochemicals, Bioplastics from Sugarcane and Electricity/Steam from Biomass

Phase 2

Biochemical / Bioplastic Plant

Cane Juice

or other RMs

Crushing Mill

Ethanol Plant

186 mm litre

per annum

2.4 mm tons / annum

Cane

Juice

Ethanol

other RMs;

HTM,

Molasses

Sugar cane

Plantation

Electricity to grid

Utility & Waste

Co-Generation

Sugar cane

Phase 1

Electricity

Bagasses

Waste

Electricity

End Applications

Oil Fracking

E&E Construction

Durable

Packaging Film / Fiber Auto High Value Added

Pharma/Cosmetic

Ingredient

BioplasticsBiochemicals

4Q/17

FIDProject

Timeline

Biocomplex Phase 1

CAPEX

7,615 MB4Q/19

CODStart

Construction

4Q/17

Phase 1

Location : Nakornsawan

GGC will hold 50% in JV with KTIS

Under EIA approval process

Key Investment Decision Criteria:

• Amendment of Sugar Act

• Approval to procure electricity by PEA

Page 26

T H A N K Y O U

Global Green Chemicals Public Company Limited

555/1 , Energy Complex, Building A, 4th Floor,

Vibhavadi Rangsit Road, Chatuchak, Chatuchak,

Bangkok 10900, Thailand

Tel: +66(0) 2 558 7300 Fax: +66(0) 2 558 7301www.ggcplc.com

For further information or enquiries, please contact our Investor Relations Team

Contact: Puvadol Vasudhara (IR Manager)

Email: IR@ggcplc.com Tel: +66(0) 2 558 7307