Subsidiaries and Affiliates

Chememan Australia Pty. Ltd.
Percentage of Shares: 100%

Chememan Australia Pty. Ltd. was established to be a key distributor in Western Australia. The company operates 2 distribution centers in Henderson and Kalgoorlie, which are prime locations that enhance the company’s supply chain management to reach out to customers economically and conveniently.

Northman Company Limited
Percentage of Shares: 100%

Northman Company Limited was established to supply secondary source of raw material, perform market study and product quality and control in Vietnam.

Chememan India Company Limited
Percentage of Shares: 100%

Chememan India Company Limited was established in India to perform market study and provide better services with customers in India.

Chememan Lao Company Limited
Percentage of Shares: 60%

Chememan Lao Company Limited is a joint venture company that was established to produce and sell limestone and quicklime in Lao.

Siriman Chemicals India Private Limited (“Siriman Chemicals”)
Percentage of Shares: 50%

Siriman Chemicals is a joint venture company between CMAN and Indian partners. Siriman Chemicals is located in Visakhapatnam of India to operate production and sale of limestone and quicklime products to certain geographic area of India. The operation is expected to commence in 2019.

Easternbulk Lime Products Private Limited (“Easternbulk Lime Products”)
Percentage of Shares: 50%

Easternbulk Lime Products is a joint venture company between CMAN and Indian partner, located in an Industrial area of Tuticorin of India with main activity to produce and sale of limestone and quicklime products to different geographic area of India, apart from Siriman. The operation of Easternbulk Lime Products is expected commence in 2019.