CONTENTS Page I. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS .......................... 5 II. DESCRIPTION OF MTN Program

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural

strongly, especially on a same-store basis that continues to grow together with cost effective management. Excluding the non-recurring items, total revenue increased 9.0% YoY and net profit increased 7.4

Ref. No. IVL 002/05/2019 7 May 2019 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Review Financial Statements and the Management Discussion and Analysis of Indorama

Ref. No. IVL 002/05/2019 7 May 2019 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Review Financial Statements and the Management Discussion and Analysis of Indorama

agreement. The asset owner shall be responsible for corporate income tax and specific business tax for such disposal. The proposed price is fixed from reference to the appraised value of the four items of the

. The asset owner shall be responsible for corporate income tax and specific business tax for such disposal. The proposed price is fixed from reference to the appraised value of the four items of the

Ref. No. IVL 007/08/2018 Aug 6, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

Ref. No. IVL 002/11/2018 Nov 8, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

ไดร้บัใบอนุญาต ทีป่รกึษาการลงทุนจากประเทศฮ่องกง กองทุนอาจพจิารณาลงทุนในสญัญาซื้อขายล่วงหน้า (Derivatives) เพื่อเพิม่ประสทิธภิาพ การบริหารการลงทุน (Efficient portfolio management) และ/หรือ เพื่อป้องกัน