IRPC Annual Report 2023

IRPC joined force with Beger to develop innovative world-class paint and coating business IRPC and Singhamungkorn Generation signed a memorandum of cooperation to develop market for fertilizer and plant nutrient supplement products The two companies signed a memorandum of understanding for the paint and coating development project to manufacture the country’s first world-standard coatings that help extend the service life of steel structures and reduce the number of regular maintenance services. This project will contribute to import substitution and improve the company’s competitiveness. “White Bear Fertilizer” under the trademark “REINFOXX” so that Thai farmers have easy access to quality products that are safe for users, farm produces and the environment, as well as to expand IRPC’s domestic market and improve competitive edge. IRPC successfully issued debentures-digital debentures in the amount of Baht 12,000 million With coupon rates of 3.20-4.40% per annum, on May 31th, 2023 to retail and institutional investors through 9 financial institutions. The debentures received a creditrating of A-(tha) from Fitch Ratings (Thailand) and were well received by investors. Key Developments in Sustainable Growth 11 56-1 ONE REPORT 2023

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