cargo handling For the three-month period Ended March 3 1 , 2 0 1 9 and March 3 1 , 2 0 1 8 , equal to 174 .70 million baht and 142 .96 million baht respectively, increased by 31 .74 million baht or 22

Ventures 1st Quarter 2019 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 1st Quarter 2019 Highlights  Revenue $3.0 billion (THB 95.8 billion), +26% YoY  Core EBITDA of $304

Indorama Ventures 1st Quarter 2019 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 1st Quarter 2019 Highlights  Revenue $3.0 billion (THB 95.8 billion), +26% YoY  Core EBITDA

to a 20% reduction in IVL’s core EBITDA. Operating cash flow through this period increased by 33% to $1.3B, as a result of lower prices and operational excellence. IVL has proposed a dividend of

growth driven by lifestyle fibers growth in India (IRSL). IVL reported US$281M of core EBITDA registering a more pronounced decline yoy as spreads came off from a strong 3Q18. IVL reported US$405M of OCF

of flights at Suvarnabhumi airport and additional airline customers. This was also in line with the performance of BFS Cargo which also improved from prior year as a result of greater amount of tonnage

airport and additional airline customers. This was also in line with the performance of BFS Cargo which also improved from prior year as a result of greater amount of tonnage carried which grew by 9.6

Terminal Public Company Limited) and Global Cargo (Thailand) Limited To President The Stock Exchange of Thailand As the Board of Directors’ meeting of Namyong Terminal Public Company Limited (the “Company

for ground service equipment. 3. As of 31 March 2020, WFS-PG Cargo Company Limited (BFS Cargo) had 6 additional airline customers, causing total number of its customers to be from 71 to 77 airline

from 76 to 84 airline customers for ground service equipment when comparing with the same period last year. 9. As of 30 September 2019, WFS-PG Cargo Company Limited (BFS Cargo) had 6 additional airline