1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and Determination of the Date of Extraordinary General Meeting of Shareholders No. 1/2018 To: President The Stock Exchange of Thailand Enclosures: 1. Information Memorandum on the Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) at the Offering Price with a Discount of...

major shareholder. Also required is information on the rationale and opportunity or necessity for mutual reliance and support as well as strategic positioning of the Company or its group of companies in

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and Determination of the Date of Extraordinary General Meeting of Shareholders No. 1/2018 To: President The Stock Exchange of Thailand Enclosures: 1. Information Memorandum on the Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) at the Offering Price with a Discount of...

Shareholders and the Company. Resolution After the completion of the Transaction, the requirement of a resolution at the shareholders’ meeting shall be as follows: (a) General Resolutions: all general resolution

the total issued shares in Hello LED consisting of at least 1 representative from each of the Existing Shareholders and the Company. Resolution After the completion of the Transaction, the requirement

(completed 3Q18), Kordana (completed 4Q18), Scholler (completed 4Q18) and UTT (completed 1Q19). The necessity portfolio was enhanced by acquisition of M&G Fibras Brasil (completed 1Q19). Overall production was

Avgol (completed 3Q18), Kordana (completed 4Q18), Scholler (completed 4Q18) and UTT (completed 1Q19). The necessity portfolio was enhanced by acquisition of M&G Fibras Brasil (completed 1Q19). Overall

considering the conditions of the transaction, the appropriateness of the sale value, and the necessity of financial liquidity of the Company. Therefore, the Board of Directors has an opinion that the entering

appropriateness of the sale value, and the necessity of financial liquidity of the Company. Therefore, the Board of Directors has an opinion that the entering into the transaction is appropriate and for the

necessity. Indorama Ventures 2nd Quarter 2019 MD&A 9 The segment earned a core EBITDA of $ 19 million, an increase of 43% on a YoY basis and an increase of 15% on a QoQ basis due to higher volumes. EBITDA