new normal world during and post COVID19 our focus remain to:  To manage near-term risks and capture gains  Prepare for a longer-term global lockdown in case it happen  Build upon new opportunities

borders of many countries around the world since March 2020 resulted in drastically drop of international tourist arrivals. The latest forecast from the World Tourism Organization (WTO) in May showed a

EBITDA ($m) 29 26 26 11% 15% Core EBITDA/t 312 291 263 7% 19% Indorama Ventures 1st Quarter 2020 MD&A 7 2020 outlook Under the new normal world during and post COVID19 our focus remain to:  To manage near

, namely the US, the Eurozone and China, as well as in emerging economies including here in Thailand. These improvements were reflected in the World Economic Outlook of the International Monetary Fund, which

รวม : 1. ดัชนี MSCI World Core Infrastructure USD Net Total Return สัดส่วน 95% ปรับด้วยต้นทุน การป้องกันความเส่ียงอัตราแลกเปล่ียนเพื่อคำนวณผลตอบแทนเป็นสกุลเงินบาท ณ วันที่คำนวณ ผลตอบแทน 2. ดัชนี MSCI

จัดต้ังกองทุนรวมไม่ครบ 1 ปีปฏิทิน จะแสดงผลการด าเนินงานต้ังแต่จัดต้ังกองทุน รวมจนถึงวันท าการสุดท้ายของปีปฏิทินแรก 3. ดัชนี (Benchmark) ของกองทุนรวม : 1. ดัชนี MSCI World Core Infrastructure USD Net

global economy grew at a decelerating rate in 2019 amid uncertainty surrounding the US- China trade rift and concerns about Brexit which lingered throughout the year. The World Economic Outlook of the

history of success and business experience over 60 years in Asia and many country in the world such as Japan, China, Hong Kong, Vietnam, USA and Australia, and one of top 3 developer having highest market

of world’s leading real estate developer that has a long history of success and business experience over 60 years in Asia and many country in the world such as Japan, China, Hong Kong, Vietnam, USA and

2018 to be 86% of the amount stated in the agreement, which is considerably high. Aside from this, the increased demand during Winter had refineries around the world maximizing their utilization rate