Operating Debt to Equity (times) 0.39 0.54 0.80 (51)% 0.39 0.80 (51)% 1Consolidated financials are based upon elimination of intra-company (or intra-business segment) transactions 2Total of each segment may

financials are based upon elimination of intra-company or intra-business segment) transactions. 2Total of each segment may not always tally with consolidated financials due to holding segment. 3Core EBITDA is

elimination of intra-company (or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Core EBITDA is Reported EBITDA less

based upon elimination of intra-company (or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Core EBITDA is Reported

for new stores in hardline and food segment, 2 Thai Watsadu, 1 GO! Mall and 1 BigC stores. The Company has strict measure to maximize cost saving. 6. Finance costs was THB 615 million, increased by

upstream businesses to capture cost advantages. IVL today has a unique portfolio comprised of High Value Add (HVA) and Commodity products. The HVA segment makes up ~40% of IVL’s EBITDA, which over the long

Segment Grouping In 2019, the Company has changed reportable segments. The strategic divisions offer different products and services and are managed separately because they require different business

- Mar 19 Revenue from sale of goods 10,217.4 10,579.2 -361.8 -3.4% Cost of Good sold 7,243.8 7,687.7 -443.9 -5.8% Selling and administrative expense 2,051.2 2,105.0 -53.8 -2.6% Finance costs 30.1 40.0

EBITDA as well as increased share of profit from joint ventures and lower finance costs. • Total assets as of 31 December 2019 stood at THB 53,531mn, decreasing by 0.8% or THB 429mn from 31 December 2018

(“the Group”) as follow: THB Mn THB Mn THB Mn % Sales of goods and services 1,214.9 1,115.7 99.2 8.9 Revenue from finance lease under power purchase agreement 99.2 100.9 (1.7) (1.7) Revenue from