a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping malls, enhancement

transaction in line with our strategic direction highlighted in the 2019 Capital Markets Day. On a proforma basis, this acquisition adds 25% to IVL’s 2018 core EBITDA and also adds 23% of additional

that aims to achieve a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping

has been greater clarity on the direction of public investment in infrastructure projects, including those in the Eastern Economic Corridor (EEC). These factors have helped underpinning private sector

annual growth rate (CAGR) in revenue of at least 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping malls, enhancement of existing shopping

achieve a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping malls, enhancement

demand faced contraction in the same direction as private consumption on durable goods and services significantly contracted because people avoided going outside. Other fators include the suspension of a

of THB 3.39 million in the 1st quarter of 2014. Due to the lower short-term loan. Please be informed accordingly. Yours sincerely, Pimwan Thareranavibool Managing Director Corporate Secretary Tel. 0

Thareranavibool Managing Director Corporate Secretary Tel. 0-34877-486-8 Ext. 500

which the equity method was applied as of 31 December 2018. Please be informed accordingly. Sincerely yours, - Signature - (Mrs.Pimporn Chotirattanakul) Managing Director 1 /8 ( ) Union Textile Industries