of the Notifications of Capital Market Supervisory Board concerning personnel in the capital market*, the SEC therefore sanctioned three investment consultants as follows:   1. Suspended {A} from her

, Victor, was deemed as failure to properly supervise his subordinates to prevent them from any action in violation of or in contravention to law on securities and exchange or notifications promulgated under

deemed as  performing duty with dishonesty under the Notifications of Capital Market Supervisory Board concerning personnel in the capital market*. The SEC, therefore, revoked the approval as capital

million or 21% from 1H/2018 mainly due to recognition of GLOW’s performance following the acquisition of GLOW. Executive Summary Q2/2019 Operating Highlights On the 14th March 2019, Global Power Synergy

: +662 661 6664 Indorama Ventures 1st Quarter 2020 MD&A 1 Executive Summary 1Q 2020 Financial Results • IVL achieved a core EBITDA of US$304M and an operating cash flow of US$340M, an increase quarter on

115.21 (18.77) 12.98 (33.13) (68.73) Total other operating income 91.60 146.79 (37.60) 48.11 169.22 (49.14) Total operating income 10,103.79 7,981.74 26.59 2,422.11 22.20 (15.84) Total other operating

% Core EPS after PERP Interest (THB) 0.85 0.67 1.31 (35)% 3.67 3.86 (5)% Core EBITDA/ton ($) 115 102 153 (25)% 119 132 (10)% Operating Cash Flow5 385 261 222 73% 1,172 855 37% Net Debt to Equity (times

Air Catering Chiang Mai Company Limited 12) More Than Free Company Limited 13) Bangkok Air Aviation Training Center Co., Ltd. 14) Bangkok Air Catering Don Mueang Co., Ltd Airline Operating Data Unit

Company Concerning the Acquisition or Disposition of Assets” dated 29th October 2004 (collectively referred to as the “Acquisition and Disposal Notifications”). When considering the size of the Transaction

Acquisition or Disposition of Assets” dated on 29th October 2004 (collectively referred to as the “Acquisition and Disposal Notifications”). When considering the size of the Transaction pursuant to each