Microsoft Word - ACE MDA Q1 24 - EN V.Format Edited 090524 1 No. ACE-ACC-2/2024 13 May 2024 Subject Management Discussion and Analysis for the period ended 31 March 2024 To President The Stock

Exchange Act B.E. 2535 (1992), as amended by the Securities and Exchange Act (No. 5) B.E. 2559 (2016), allows for civil sanctions to be imposed for criminal offenses under this Act.   Details of civil

Ref. No. IVL 007/05/2018 May 10, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

Ref. No. IVL 004/02/2020 26 February 2020 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of

24.3% NNP per share 0.2* n/a No. of shares in calculation** 2,607 Remark: *NNP to calculate NNP per share is NNP – Owner of the parent only for 3 months in Q3’2017 amounting of Baht 519 million which is

% Less Minority interest 1,191 1,184 -0.6% 322 161 -50.0% NNP - Owner of the parent 1,727 1,842 6.7% 423 220 -48.0% NNP per share (Baht per share) 0.7 0.7 6.7% 0.2 0.1 -48.0% No. of shares in calculation

2019 and there was no bad debt in the past year 2018. (3.2) Inventory and Deterioration or Obsolete The Corporate Group’s inventory as at June 30, 2019 accounts for 23.03 percent of the total assets, of

% 571 830 45.4% Less Minority interest -257 -318 23.7% -238 -318 33.6% NNP - Owner of the parent 421 512 21.6% 333 512 53.8% NNP per share (Baht per share) 0.2 0.2 21.6% 0.1 0.2 53.8% No. of shares in

for capital expenditure on investment properties, as outlined in the new Royal Decree (No. 642) B.E. 2560, that applies to shopping malls opened in 2017, namely CentralPlaza Nakhon Ratchasima and

29.0% Less Minority interest -604 -702 16.2% -318 -383 20.4% NNP - Owner of the parent 874 1,200 37.3% 512 688 34.4% NNP per share (Baht per share) 0.5 0.5 0.0% 0.2 0.3 34.4% No. of shares in calculation