businesses will be the core platform for continuous growth in selective upstream & downstream integration over the next 5-10 years. On a proforma basis, this acquisition will add 25% to IVL’s 2018 core EBITDA

at a par value of 181,440,000 Baht by the acquisition of IGE's existing ordinary shares will occur only as the condition below, 1. The Company has been approved by the shareholders' meeting to purchase

be ready to focus on a strong core business operation to create growth in the future. 4. Details of the disposed assets The details of the License are as follows: 4.1. General information A person

Baht 256,500,000 as per the Sale of Shares Agreement of NU dated 13 July 2018, with the precedent condition that the Company as the seller must receive the approval from the Board of Directors before

) 2661-6664 2 INDORAMA VENTURES PUBLIC CO., LTD (SET: “IVL”) MANAGEMENT DISCUSSION AND ANALYSIS (MD&A) FOR THE PERIOD OF 3Q 2017 (CONSOLIDATED) Table 1: Financial Summary - Core Financials of Consolidated

 LTM 3Q18 Revenue $10.1 billion, +24% YoY, Core EBITDA margin 13.7%  Core EBITDA of $409m in 3Q18, +40% YoY; $1,379m LTM 3Q18 (45% YoY)  LTM 3Q18 Core EPS THB 4.49, +65% post 11.1% dilution from

Ventures 2nd Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 2nd Quarter 2018 Structural Improvements Driving Earnings Momentum  2Q18 Core EBITDA up 63% YoY, 1H18

at the Land Office where the lands are located. So that, the Company’s Board has considered the value of the lands are appropriate by taking the same condition of evaluating price of the Land

: +662 661 6664 Indorama Ventures 1st Quarter 2020 MD&A 1 Executive Summary 1Q 2020 Financial Results • IVL achieved a core EBITDA of US$304M and an operating cash flow of US$340M, an increase quarter on

Comp t of Assets fo eholders No. Connected Tr y”) convened meeting, the estructuring i news and prin in the core b e the disposa any, as follow iary company hares of NU, (“BBB”) ( OW 26” Cha t of the