meeting to give the audit firms? views were leadership of the regional Big 4 audit firms and representatives from the Regulatory Working Group (RWG) of the Global Public Policy Committee (GPPC) firms.This

working groups will be established to monitor and continuously advance the measures to accelerate tangible short-term results. Concurrently, in the next phase, the SEC will proceed with developing other

response, the SEC has taken ongoing actions, focusing on both preventive measures to mitigate potential harm and enforcement actions against misconduct, while working in close coordination with relevant

oversight. The proceeds from the disposal are intended to be used for the WIE1 project in the amount of THB 50 million, with the remaining THB 125.15 million to be used as working capital to support future

year 2019 3 Overview Operational Results Between the year 2019 and 2018 (Unit: Million Baht) Description 2019 2018 Changes Amount % Revenue from expressway business 10,302 10,174 128 1.3 Revenue from

Limited Management Discussion and Analysis for the Quarter Ended on March 31, 2020 2 Overview Operational Results Between the first quarter of the year 2020 and 2019 (Unit: Million Baht) Description 1st

7.59% 9.73 8.81% EBITDA 150.59 6.40% 140.59 9.66% 10.50 7.47% Finance cost and tax income 0.61 0.03% (0.25) (0.02%) 0.86 (344.00%) Net profit 119.51 5.08% 110.64 7.60% 8.87 8.02% Basic earnings per share

operation and increase in the Company’s financial liquidity, used as working capital and to repay debt which would help reduce the interest burden of the Company. On the date that the Board of Directors

change in net working capital and cash tax, before maintenance capex Indorama Ventures 2nd Quarter 2019 MD&A 3 Summary 2Q19 results IVL’s performance for the first half and ongoing progress give us the

1,366.11 +5.37% Cost of Sales and Services 1,251.00 1,139.66 +9.77% Selling and Administrative Expenses 103.61 100.96 +2.62% EBIT 84.88 125.50 -32.36% Net Profit 70.56 104.37 -32.39% Basic Earnings per Share