6,729 6,486 243 3.7% Gross Profit 895 813 82 10.1% Gross Profit Margin (%) 11.7% 11.1% 0.6% SG&A Expenses 457 456 1 0.2% EBIT before share of profit (loss) from Investment in Associates and Joint Venture

. Solid demand for home connectivity driven by pandemic AIS Fibre, fixed broadband business (FBB), continued growing strongly with subscriber growth of 29% vs overall market growth of 10-12% driven by

economy continues to grow steadily despite a decline in export growth, primarily driven by a slowdown in global economy growth. Growth to the Thai economy is attributed to a number of factors, namely 1

Expenses (1,775.1) (36.6%) (1,720.2) (36.5%) +54.9 +3.2% Add: Share of Profit/(Loss) from Investments (by equity method) 9.1 0.2% 12.0 0.3% -2.9 -24.2% EBITDA 999.4 20.6% 914.1 19.4% +85.3 +9.3% Less

revenues from sales in quarter 2/2018 (“Q2/2018”) of Baht 233.94 million, a year-on-year growth of Baht 115.02 million or 96.72% mainly attributable to consistent orders continuously from Q1/2018 of a new

year while demand for mobile data nearly doubled YoY to 6.7GB/data sub/month from video streaming and increased 4G handset penetration (46%). To compete for quality subscribers who bring growth in data

growth plans Indorama Ventures 1st Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions

& Calpis grew 2.7% YoY. Total Personal care continued its momentum with 11.5% growth YoY, with 42.8% growth in CLM markets. International business grew 1.5% at constant FX rate, driven by Myanmar growth

services volume of the two main airports, Suvarnabhumi (BKK) and Don Mueang (DMK) have a total growth rate of 1.6%(y-o-y) to 5,747 million liters while the total flights which services by BAFS grew by 3.0%(y

inform that it has through its indirect subsidiary Indorama Netherlands B.V. signed a definitive share purchase agreement on August 11th, 2017, to acquire a 100% stake in the tire cord business of