management; selection and monitoring of its personnel assuring that they have and maintain such qualifications that correspond to the nature of their duties; measures to prevent improper access to inside

access to inside information among work units and personnel; and internal control measures to audit and counterbalance the operation and to prevent any transactions which may give rise to a conflict of

monitoring of its personnel assuring that they have and maintain such qualifications that correspond to the nature of their duties; measures to prevent improper access to inside information among work units

of inside information between units and personnel, internal control and risk management for operation of derivatives business in the category to be commenced including measure for controlling and

, leaking of inside information between units and personnel, internal control and risk management for operation of derivatives business in the category to be commenced including measure for controlling and

, leaking of inside information between units and personnel, internal control and risk management for operation of derivatives business in the category to be commenced including measure for controlling and

Loan Debenture $B 1 ST Loan 15 Table 10 :IVL Consolidated Statement of Income * IRSL 2nd quarter results were consolidated in Core Financials 3Q19. 1 As per internal classification and includes insurance

department director to the manager; “department director” means any person who is responsible for the internal operation of a department in the company; “manager” means a person appointed by the board of

Debenture $B 1 ST Loan 12 Table 9 :IVL Consolidated Statement of Income *The total amount of IRSL was excluded from Core Financials 2Q19, but was consolidated all in Core Financials 3Q19 1 As per internal

Indorama Ventures 2nd Quarter 2020 MD&A 13 Table 7: IVL Consolidated Statement of Income *2Q19 Core Financials exclude IRSL 1 As per internal classification and includes insurance claim for business