1 Ref. No. JUTHA-10/2563 November 2, 2020 Subject: Amendment of Articles of Association, Debt to Equity Conversion Constituting a Connected Transaction, Issuance and Offering of Newly Issued Ordinary

Expenses (1,775.1) (36.6%) (1,720.2) (36.5%) +54.9 +3.2% Add: Share of Profit/(Loss) from Investments (by equity method) 9.1 0.2% 12.0 0.3% -2.9 -24.2% EBITDA 999.4 20.6% 914.1 19.4% +85.3 +9.3% Less

Indorama Ventures Public Company Limited for the year ended December 31, 2019 We are pleased to submit: 1. Consolidated and Company only Annual Audited Financial Statements for the year ended December 31

the new TFRS 16 – Lease of THB 7,416 million and increase in long- term loans. Shareholders’ Equity As of 30 June 2020, Shareholders’ Equity of THB 4,665 million, decreased by THB 1,240 million or 21.0

of the successful subscription to the Exercisable Warrants (IVL-W1, is- sued in August 2014). IVL received an additional equity of US$ 452 million. This not only helps deleverage the Company’s Balance

based on the equity method in 2Q2017 was THB 108 million, be the same as 2Q2016. Share of profit contributed from GFN was THB 58 million, increased by THB 11 million or 22.32% up from 2Q2016. The

and the Diplomat 39 which is a project purchased for sale • Net debt to Equity ratio2 as of 31 March 2019 equals 0.84 times Changes in accounting policy and reclassification in 1Q/19 During the three

for the product distribution of the retail shops and wholesales shops nationwide. The financial cost has been increasing not only the issuance and offering of the debentures since June this year with

million or 2.3 percent. Sales and service income increased at Baht 34 million or 2.1 percent and other income increased at Baht 3 million. For the Company only, total revenue was Baht 1,606 million which

million or 2.3 percent. Sales and service income increased at Baht 34 million or 2.1 percent and other income increased at Baht 3 million. For the Company only, total revenue was Baht 1,607 million which