WATTANAPAT HOSPITAL TRANG PUBLIC COMPANY LIMITED No. WPH – SET 8/2019 8 August 2019 Subject : Management Discussion and Analysis for Quarter 2 of 2019 ending on 30 June 2019. To : Directors and

view that cooperation among all market participants will bring about production of higher quality investment research with wider coverage, particularly listed company where investor relation unit and top

(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the Quarter Ended on September 30, 2017 1 Significant events 1. Bangkok Expressway and Metro

transactions which includes (i) the entire business transfer of Unicorn Enterprise Company Limited (EBT of UE), a wholly-owned subsidiary of BTS Group Public Company Limited (BTS) to U City, (ii) the issuance of

Board of Directors of the Company had resolved the resolution to the Company that it shall cease metals trading business at the end of the first quarter of 2019. (“Discontinued operation”) Padaeng

INDORAMA VENTURES PUBLIC COMPANY LIMITED 75/102 Ocean Tower 2, 37th Floor, Asoke Road, Klongtoey Nuer, Wattana, Bangkok 10110, Thailand Tel. 02-661-6661 Fax. 02-661-6664 www.indoramaventures.com 1

million baht and 1,526.63 million respectively, increasing 6.69% and 16.31% from the previous year. The company continues to focus on improving operational efficiency and increasing our ability to expand

required Debt to Equity ratio due to the MRTA is fully responsible for the loan repayment according to the concession agreement. Overview Operational Results In the year 2017, the Company had the net profit

loss on exchange rates from foreign-currency loan and interest expenses of Dusit Fudu Hotel Management (Shanghai) Company Limited in China even though the hotel operational performance has been improved

alphabetical order are PTT Public Company Limited (PTT), PTT Exploration and Production Public Company Limited (PTTEP), PTT Global Chemical Public Company Limited (PTTGC), SCG Packaging Public Company Limited