roles and expanding cooperative network in order to achieve the Initiative objectives together in a tangible way. In this regard, different projects will be created to support one another in terms of

network in order to achieve the Initiative objectives together in a tangible way. In this regard, different projects will be created to support one another in terms of business operation and responsible

opportunity to use the license to expand the oil trading business beyond the existing network. Therefore, the shareholders should consider this implicit value together with the value of the business as well

the definition to be Crypto Assets** that are created using cryptography method in a decentralized ledger network (Distributed Ledger Technology – DLTs) or similar technology instead of being defined

great opportunity for us to create network on capital market researches with leading universities. We believe that the Forum will support sharing of capital market knowledge to all stakeholders in

January 3rd, 2019 Table 10: IVL Consolidated Statement of Income Quarterly Last Twelve Months Indorama Ventures 1st Quarter 2019 MD&A 16 1 As per internal classification and includes insurance claim for

Indonesia result since 4Q18. IVL has 100% ownership since January 3rd, 2019 Indorama Ventures 1st Quarter 2019 MD&A 16 Table 10: IVL Consolidated Statement of Income 1 As per internal classification and

January 3rd, 2019 Indorama Ventures 2nd Quarter 2019 MD&A 18 Table 9 :IVL Consolidated Statement of Income *Core Financials exclude IRSL 1 As per internal classification and includes insurance claim for

Ventures 2nd Quarter 2018 MD&A 21 Table 11: IVL Consolidated Statement of Income 1 As per internal classification and includes insurance claim for business interruption loss of profit 2 As per internal

Statement of Income 1 As per internal classification and includes insurance claim for business interruption loss of profit 2 As per internal classification and includes depreciation and amortization expenses