operations from services provided to other airlines only comprises of: Unit: million baht July-September January-September 2018 2017 Variance 2018 2017 Variance Amount % Amount % Bangkok Air Catering Company

well as provide the shareholders with the advice from the independent financial advisor, all of which must be delivered or provided to shareholders at least 14 days prior to the date of the shareholders

services provided to other airlines in year 2018 and year 2019 reported at the amount of 2,167.6 million baht and 2,391.4 million baht respectively, grew by 10.3 percent from the previous year. The better

term has provided premium margins and low variability. The commodity segment represents ~60% of IVL’s EBITDA, at a significant 2 alpha to benchmark margins set in China, due to our global integrated

to reflect future events or circumstances. The information in these materials is provided as at the date of this document and is subject to change without notice. . CONTACT US: Investor Relations Email

information provided in this MD&A may vary if any factors or situation are changed in the future; the investors are, therefore, required to have their own discretion regarding the usage of this information for

update our forward-looking statements to reflect future events or circumstances. The information in these materials is provided as at the date of this document and is subject to change without notice

. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However, the information provided in this MD&A may vary if

management of the indices referenced in this document. The index information provided is for your information only and does not imply or predict that a PSG product will achieve similar results. This

. We do not undertake to update our forward-looking statements to reflect future events or circumstances. The information in these materials is provided as at the date of this document and is subject to