Ann: Mitsubishi Chemical Holding Group Enhancement Strategy, page-10

Hi Ozprey,

MRC has advised the existing production facility has a capacity of 16ktpa and MRC is currently operating 5 days a week and producing ~10ktpa. They have advised they expect to increase production in 2023 by increasing the number of days for the plant to operate which will produce another 6ktpa. i.e running the processing facility 7 days a week rather than 5.

The expansion study is for 30ktpa production facility, which will need additional funds. MRC is in the process of completing a PFS for this.