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

of Thailand and NESDB, overall Thai economy in 2017 expanded by 3.9%, higher than 3.3% growth in 2016. This was mainly from acceleration of private consumption, export sector, and private investment in

quarter of 2019, the Company’s revenues were 5,979 million baht, showing an increase of 754 million baht or 14% y-y and 6% q-q. This was the result of continued growth in core business revenues that

, continued growth of bad debt recovery by 33% y-y as well as a strong growth from overseas businesses. As of November 30, 2018, the Company has active billings of 3.16 million transaction per month and 2.14

the result of continue growth in core business revenues that increased by 10% y-y, especially in personal loan and hire purchase products as well as a strong growth revenue from bad debt recovery by 42

the company still does not have a policy to make other additional investments in MK. Details are as presented on the enclosure. In addition, the Board of Directors’ meeting has also approved the

percent decline, compared to the previous year. The additional details will be described as follows: 1. Revenue from contract work In 2018, the Company and its subsidiaries had revenue from contract work

, 2020 (NTA: 3,052,873,024.- Baht) with details As follows : The use of trademarks and commissions to sell products under Brand “Duro”. and Technical services Agreement Parties Involved Service Provider

) of the consolidated financial statements as at March 31, 2020 (NTA: 3,052,873,024.- Baht) with details As follows : The use of trademarks and commissions to sell products under Brand “Duro”. and

conflicts and prevent potential labor disputes that could arise from unfair termination of employment. Moreover, Kitti’s continuous contributions have significantly spurred the company’s growth. In addition