2. General Information Abbreviations  PO: Propylene Oxide  PG: Propylene Glycol  Polyol: Poly Propylene Glycol  PU: Polyurethane  MDI: Methyl Di Isocyanate  TDI: Toluene Di Isocyanate  S/H: System House Products & Technology Our Strength Contents 1 2 3

3. 3Established  July. 2015Headquarter  Seoul, South Korea Shareholders  Mitsui Chemicals (50%)  SKC (50%) Annual Sales  USD 1,500 million Total Asset  USD 1,250 million Employees Total  650 Products  Polyol, MDI, TDI Capacity  720 Kilo Tons Annual Facilities  11 Plants in 9 Countries General InformationIncorporation Background Polyol Products MDI Japan No 1 PU Material Provider Korea No1 PU Material Provider Asia No.1 PU Provider for Automotive Clients TDI Automotive Home Appliances Construction Total Solution Provider for PU

4. 4 1933 Toyo Koatsu1968 Merged 1940 Mitsui ChemicalMitsui Toatsu 1955 Mitsui Petrochemical 1997 Merged Mitsui Chemicals CategoryProducts PetrochemicalsC 2, C 3, Polyethylene, Polypropylene Basic chemicals Phenols, PET, PTA, EG 등 PolyurethaneTDI, MDI, PPG, Coating Material Functional Polymeric Materials Elastomers, Performance Compound, Performance Polymer 등 Films/Sheets EVA sheet, Packing Films 등 Functional Chemicals Nonwovens, Ophthalmic lens materials, 의약용 chemicals 등 EstablishedEstablished General Information CEO : Mr. Tsutomu Tannowa (62 세 ) HQ: Tokyo(Shinbashi), 6 Plants in Japan Employee : 14,271 Sales : $ 15 bn ProductsProducts Sales Portfolio (million Yen) 2014 5,520 800 270 1,900 1,770 1,640 3,760

5. 5 ■ Korean 3 rd Largest Conglomerate Revenue: U$ 160 bn. Total asset: U$ 130 bn. ■ Achievements 1st2nd 3rd ProductCapacity Use Propylene Oxide310 kt POD, Surfactant, flame retardant, etc. Propylene Glycol110 kt UPR, antifreeze, paint, cigarettes, cosmetics, etc. Domestic Market Share Products ■ Established: 1976 ■ Employee Total: 1,700 ■ Chemical Biz launched: 1987 (SK & Lyondell JV) SK GroupSKC 81 Companies 78,000 Employees

6. 6 POPolyolMDITDI 390 130 0 0 POPolyolMDITDI 0 90 390 250 POPolyolMDITDI 460470 0 0 POPolyolMDITDI 130 90 320 370 Unit : kill ton SH 5 Plants SH 9 Plants SH 0 11 Plants POPolyolMDITDI 0 0 0 120 SH 6 Plants Asia Top Tier PU Company PO (SKC)PolyolMDITDISH 330 270 200 120 8 Plants

7. Seat Cushion Automotives Steering WheelI/P Head RestFloor Mat Furniture Memory Foam Furniture Refrigerator Appliances Construction PUR/PIR Panel OCF Spray Rigid Spray Main gate Admin. Bldg. TS&D Center EB/SM HPPO PO/SM Rigid Shipping PG Bio/Disposal System House Oct. 1998 Flexible Mold SH Founded Dec. 2008 Rigid SH Founded 7

8. 8 Seat Cushion Automotives Steering Wheel Head Rest Floor Mat Furniture Memory Foam Furniture Refrigerator Appliances Construction PUR/PIR Panel OCF Spray Rigid Spray Sodegaura R&D Nagoya Plant ＰＰＧ 57 Tokuyama Plant ＰＰＧ 50 Omuta Plant ＴＤＩ 120 KMCI ＭＤＩ 200 Product capacity (KT) TDI 120 MDI 200 PPG 107 Oct. 1997 Mitsui Chemicals Founded Jul. 2015 MCNS-J Founded

9. Poland Beijing America Mexico Indonesia Malaysia Suzhou Tianjin Japan Foshan 9 Korea Thailand Capacity Start Operation (Unit : metric ton annual) Poland USA Mexico Beijing 20,000 Tianjin Suzhou Foshan Indonesia Malaysia Thailand 20,000 30,000 10,000 8,000 10,000 6,000 32,000 2010 2009 2016 2005 1993 1998 2011 1996 1999 1995

10. Company Introduction Abbreviations  PO: Propylene Oxide  PG: Propylene Glycol  Polyol: Poly Propylene Glycol  PU: Polyurethane  MDI: Methyl Di Isocyanate  TDI: Toluene Di Isocyanate  S/H: System House Products & Technology Our Strength Contents 1 2 3

11. Our Business Scope SeatHead & Arm Rest Instrument PanelSteering Wheel Floor Mat Door Trim Dash Inner & Outer Insulation Hood Luggage BoardHeadlinerEngine Cover Polyurethane Parts in Automotive 1 st Vendor OEM Polyurethane Parts System House 3 1 2 Polyol 230,000 ton MDI 200,000 ton TDI 120,000 ton 12 Plants Worldwide 11

12. 12  Premium Seat(MDI, M/T. T/M)  Multi-Hardness(MDI, M/T, T/M)  Low-emission System for Seat (T-VOC, T-amine, VOCs, Aldehydes) Automotive Mold System I Noise : Unpleasant sound Vibration : Oscillation that occur while driving Harshness : Vibration & Noise generated by the level difference or irregularity Automotive Mold System II(NVH)  Hood Insulator  Headliner  Floor Carpet, Tunnel Pad  Luggage Mat  Low-emission System for Floor Carpet

13. 13  Conventional/Integrated Instrument Panel  HCFC-141b,n-Pentane,All Water Blown Steering Wheel System  Door-trim, Arm-rest, etc.  Fast-cure Pour in Place Head Rest Automotive Mold System III Furniture Mold System  Bedding, All MDI LR, Super-soft LR/HR  Pillow, All MDI LR etc.  Sofa/Chair/Others

14. 14 High Comfort New Parameter Use : 4 kinds of Car Will : 2 kinds of Car 3 hardness in seat Dual hardness (Up& Down) Cost Effective Reactive Amine Auto Catalytic Polyol Aldehyde Scavenger Non-eatable/ vegetable oil Seat : Over 10% in Foam Head Rest :Over 15 % in Foam EcoFriendly Technical Trend Our Core Technology Advanced & State of the Art Technology Platform Satisfying Customers’ Demands Low VOCs systemBio Mass SystemPremium Seat Multi-Density / Hardness

15. 15 Customer Reference Low VOC Test Results Low VOC: Diminish the harmful and hazardous material from seats All VOC are well controlled, far behind of the regulation allowance * Details of test results can be provided upon request MS300-55MS300-57 Pass 》 Korea MS300-55MS300-57 Pass 》 China

16. 16 - High reactivity - Miscibility (well mixing) -Retain Physical properties - Optimum properties - Seat, Crash pad, Head rest etc. Chemical StructureCharacteristicsProcess & properties - Mainly Polyether Chain - Well mixed with PPG - High Reactivity for Automotive Molding - Bio Mass contents (20 ~60%) - Smoothly changeable - Easy to meet present spec. - High Content of Bio Mass ( 90%~) - Lower Acid Value (<1mg KOH/g) - Mainly polyester Chain - Low miscibility with PPG -Reactivity is medium or low - Need separate feed line - Durability & T.T.E problems ▶ Bio Contents in Parts Seat : over 10 % Head Rest : over 15% Castor oil Ether based Castor Oil Ester based NVH : 5 % Bio Source : Castor oil based polyol

17. Eco-friendly PU System(Bio-based) Special material for Premium PU Low VOC Emission System 17 High Comfort (Premium) Seat MCNS ST-393: Specially designed for high comfort car seat cushion - Low H.L., Stress relaxation and vibration Damping with excellent feeling. Special Features –Top Class Car (BMW/Benz) Seat PU Benchmarking –Deflection Coeff. Stress Relaxation, Hysteresis Loss, Vibration Damping Comfort Factor Normal Seat PU Premium Seat (ST-393) Density 50~65 60~70 Static Behavior Deflection Coefficient (Sag Factor) 2.5~3.03.0~3.5 Hysteresis Loss (%) 23~2716~19 Stress Relaxation (@55kgf/314cm 2, 2hr) (%) 20~2516~19 Dynamic Behavior Vibration transmissibility (@Resonance Pt) 5.0~6.52.0~4.0 Resonance Frequency (Hz) 5.0~6.54.0~5.0 Cut -off Frequency (Hz, @A/Ao=1) 6.0~7.55.0~6.5 Comfort Factor Comparison For Next Generation

18. Company Introduction Abbreviations  PO: Propylene Oxide  PG: Propylene Glycol  Polyol: Poly Propylene Glycol  PU: Polyurethane  MDI: Methyl Di Isocyanate  TDI: Toluene Di Isocyanate  S/H: System House Products & Technology Our Strength Contents 1 2 3

19. 19 Korea, Mexico Category OEM Korea Seat Head Rest Characteristics All MDI, M/T System All MDI Premium Cushion System Premium M/T System Bio PIP System (5% Bio Mass) All MDI, M/T System Premium M/T System PIP System (Fast Cure–30”) Car Model Santafe, Avante Santafe, Avante, Verna Sedora, Sonata Sedora, K-4, Accent Lacrosse, Malibu, Cruz, Orlando ix35, i30, Sportage, Ceed Santafe, Verna, Velloster Ix-35, i30, Sportage Ceed Korea China Korea Czech, Slovakia Korea, China, Russia Korea, Poland Instrument Panel Korea Polymeric MDI System Cruz, Orlando Santafe, Avante Korea, USA NVH China All MDI, M/T System Genesis Prestige, Azera, Sonata Sonata 1 st Vendor Daewon KM&I DAAS, Hyundai Hyundai Dymos Daewon Woobo Tech GM Hyundai Daehan Solution NVH KOREA Premium M/T System K-9, K-3, Sonata, Tivoli Gwangmyung General System Ix-35, i30, Sportage, Malibu Korea, Poland Woobo Tech

20. 20 ApplicationMakerFeatureOEM Seat Head Rest TM Seat System PIP System All MDI, M/T Seat System Low density PIP System NVH TM System All MDI System Component ( PPG, POP, TDI, MDI )

21. ① Oil Refining ② Propylene ③ Propylene Oxide Refinery No. 1 Propylene Producer in Korea No. 1 Refiner in Korea No 1. PO Producer in Korea PO 70% 37% 21 Lowest Manufacturing Cost from Vertical Integration of Raw Materials ④ Polyol & MDI/TDI No. 1 Polyol Producer in Korea No. 1 MDI Producer in Japan No. 1 TDI Producer in Japan W V

22. 22 40 Professionals (Material Technology) Quick, Accountable, Reliable 40 Professionals (Products Technology) PU R&D Center (Korea) R&D Strategy Team Automotive Development Lab Home Appliances Lab I PU R&D Center (Japan) Polyol Development Comfort Material Lab Composite Material Lab II Global Tech Center in S/H III 30 Professionals (Customer Technical Support) USA South East Asia Poland China ① Over 100 Professionals ② More than 40 years historical asset ③ R&D Center in over 10 Countries GlobalR&DCenter

23. 23 PU Total Technical Solution Through 4TS 2Q New Material & Application Development (2Q) Technical Service (4TS) Technical Situation Understanding Technical Solution Development Technical Solution Providing Trouble Shooting Technical Situation Understanding Technical Solution Development Technical Solution Providing Trouble Shooting Qualified PU Technology Development Quality Assurance (PU) Qualified PU Technology Development Quality Assurance (PU) Our Customers highly Satisfied by ① Our commitment to shoot any of your trouble immediately ② Prompt response for technical requirement and advice ③ Contribute to your technology and product development ④ Organic material analysis service We also facilitate the world class R&D Center (1) Product Development for PU foaming application (2) Process Development for special PU raw material synthesis (3) Raw Material Development for advanced PU technology

24. 24 Danken

25. Oct. 2008 SKC (Beijing) Polyurethane Founded Nov. 2008 Commercial Production Aug. 2011 2nd Plant Relocation and Expansion Nov. 2013 3rd Plant Relocation and Expansion Employee34 Employee34 TS&D 4 TS&D 4 Capacity 30,000 MT/yr Capacity 30,000 MT/yr Employee34 Employee34 TS&D 4 TS&D 4 Capacity 30,000 MT/yr Capacity 30,000 MT/yr Seat Cushion Automotive Steering Wheel Memory Foam Furniture I/P Head Rest Floor Mat furniture 25

26. 2010 SKC Europe PU Founded (PU System House) (PU System House) Employee19 Employee19 TS&D 2 TS&D 2 Capacity 20,000 MT/yr Capacity 20,000 MT/yr Employee19 Employee19 TS&D 2 TS&D 2 Capacity 20,000 MT/yr Capacity 20,000 MT/yr Seat Cushion AutomotivesFurniture Memory Foam Furniture Refrigerator AppliancesConstruction PUR/PIR PanelOCF 26

27. Sep.2009Ground Breaking - PU System House Sep.2009Ground Breaking - PU System House May.2010Opening PU System House May.2010Opening PU System House Ground Breaking EVA Sheet Factory Sep.2011Opening EVA Sheet Factory Sep.2011Opening EVA Sheet Factory Employee10 Employee10 TS&D 2 TS&D 2 Capacity20,000MT/yr Capacity20,000MT/yr Employee10 Employee10 TS&D 2 TS&D 2 Capacity20,000MT/yr Capacity20,000MT/yr Floor Mat Automotives Spray Rigid Spray Cooler LeisureConstruction Entry DoorWindow Profile Wake Board 27

28. Jan. 2016 Commercial Production Planned Employee(Planned) 30 Employee(Planned) 30 TS&D(Planned) 4 TS&D(Planned) 4 Capacity 30,000 MT/yr Capacity 30,000 MT/yr Employee(Planned) 30 Employee(Planned) 30 TS&D(Planned) 4 TS&D(Planned) 4 Capacity 30,000 MT/yr Capacity 30,000 MT/yr Seat Cushion Automotive Steering WheelI/P Head Rest Floor Mat Refrigerator AppliancesConstruction PUR/PIR Panel OCF 28

29. ApplicationGrade Density (kg/m 3 ) ILD, 25% De-molding Time (min) Remark Seat Premium All MDIST-39365 18 ∼ 22 4.0Cushion Eco Friendly (Bio) All MDIBIST-3836518~224.0Cushion Conventional All MDIST-37860 18 ∼ 22 4.0Cushion Conventional All MDIST-37745 18 ∼ 24 4.0 Back Conventional All MDIST-37545 18 ∼ 25 4Cushion High Comfortable MTST-33050 18 ∼ 22 5Cushion Conventional MTST-30840 12 ∼ 15 4.5Back Low Density MTST-30338 12 ∼ 15 4.5Back Eco Friendly (Bio) MTBIST-3094016~206Back Head Rest ConventionalST-31140 22 ∼ 26 3 Pour-in-placeST-500N40 5∼95∼9 1CLD, 25% Pour-in-place (Bio)BIST-5014540~501Shore F Instrument Panel ConventionalST-410180 45 ∼ 55 4Shore A Low DensityST-410B150 35 ∼ 45 2Shore A Steering Wheel n-Pentane BaseST-801450 70 ∼ 80 2Shore A All Water BlownST-802450 70 ∼ 80 2Shore A Others Sound Damping (LD)ST-70760 55 ∼ 60 2Shore F Sun-visorST-600150 35 ∼ 40 6Shore A Door TrimST-414150 55 ∼ 60 4Shore F 29