11 Management Discussion and Analysis Fiscal year ended February 28, 2019 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) already submitted the audited financial statements for

Page 1 of 5 - Translation - Ref. WINNER 0018/2019 May 13, 2019 Re Management Discussion and Analysis (MD & A) for Q1/2019 To The President The Stock Exchange of Thailand 1. Analysis of Overall

คำอธิบายและวิเคราะห์งบการเงินรายไตรมาส สำหรับไตรมาสที่ 3 ปี 2545 Management Discussion and Analysis For the 1st Quarter 2019 ended May 31, 2019 AEON Thana Sinsap (Thailand) Public Company Limited

Public Company Limited (Schedule 1) 1. Transaction Date The Company and/or Indorama Ventures Holdings LP, an indirect subsidiary of the Company and the Seller entered into an Equity and Asset Purchase

Page 1 of 6 - Translation - Ref. WINNER 0024/2019 August 13, 2019 Re Management Discussion and Analysis (MD & A) for Q2/2019 To The President The Stock Exchange of Thailand 1. Analysis of Overall

คำอธิบายและวิเคราะห์งบการเงินรายไตรมาส สำหรับไตรมาสที่ 3 ปี 2545 Management Discussion and Analysis for the 1st Quarter 2018 ended May 31, 2018 AEON Thana Sinsap (Thailand) Public Company Limited

MDAE_2Q18 Management Discussion and Analysis for the 2 nd Quarter 2018 ended August 31, 2018 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated

AIM 1 Ref.: EFORL IR 043/2018 November 14, 2018 Subject: Management Discussion and Analysis for the third quarter of 2018 (Q3/2018) and for nine month periods ended September 30, 2018 To President

MDAE_3Q18 Final2 Management Discussion and Analysis for the 3 rd Quarter 2018 ended November 30, 2018 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the

ที่บชง Page 1 of 5 Ref. Bor Chor Ngor 0413/2019 12 November 2019 Subject: Management Discussion and Analysis for the Third Quarter ended 30 September 2019 To President The Stock Exchange of Thailand