PowerPoint Presentation After You Public Company Limited Management Discussion & Analysis Q2/2019 Management Discussion & Analysis Q2/2019 Executive Summary Q2/2019 Key Financial Highlights 2 Overall

INDORAMA VENTURES PUBLIC COMPANY LIMITED 75/102 Ocean Tower 2, 37th Floor, Asoke Road, Klongtoey Nuer, Wattana, Bangkok 10110, Thailand Tel. 02-661-6661 Fax. 02-661-6664 www.indoramaventures.com 1

funds Raise a loan from financial institutions, the Company will use loan sources about 70% of the investment value in construction. 8. Expected Benefits 8.1 To generate revenue growth and the operating

No. ECF2 035/2562 23 September 2562 Subject Notification on the resolutions of the Board of Directors’ Meeting approving the purchase of the ordinary shares in KPN Academy Company Limited, the

survive and to have opportunities for growth in the future, as well as to maintain its status as a listed company on the Stock Exchange so that its securities such as  shares and warrants may be traded on

monitoring business operation of invested companies closely and actively enough to be able to detect any potential issue at an early stage. If an issue is found in an invested company, for example, the

Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 28 February 2019 No. ZEN 2562-010 Subject Management Discussion and Analysis for

Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 13 May 2019 No. ZEN 2562-018 Subject Management Discussion and Analysis for 3

Analysis For the Operating Results ended December 31, 2019 In 2019, the amount of aviation fuel services volume at BKK and DMK totaling up to 6,139 million liters, which have the growth rate of 2.3%(y-o-y

Analysis For the Operating Results ended March 31, 2019 In Q1/2019, the amount of aviation fuel services volume at BKK and DMK totaling up to 1,613 million liters, which have the growth rate of 4.2%(y-o-y