-ups in Egypt and Portugal and significantly higher crude oil environment. Indorama Ventures 3rd Quarter 2018 MD&A 4 Strategic Progress Structural Change in Industry and IVL initiatives 2018-2019

implemented as planned, including the development of the Eastern Economic Corridor (EEC). Nevertheless, the Thai economy still faces major risks from external uncertainties in the US economic and trade policies

(loss) THB THB Garment Business (20,216,391.48) (90,540,939.22) Real Estate Development (1,120,997.37) 3,489,990.37 Other businesses (9,966.90) 315.17 Total (21,347,355.75) (87,050,633.68) Garment

Gain (loss) THB THB Garment Business 9,009,526.08 23,340,946.58 Real Estate Development (1,416,107.45) (218,223.21) Other businesses (10,800.00) (10,400.00) Total 7,582,618.63 23,112,323.37 Garment

follows: Year 2018 Year 2017 Net Gain (loss) / THB Net Gain (loss) THB Garment Business 9,741,633.94 (92,962,678.28) Real Estate Development (14,403,001.55) (4,305,171.15) Other businesses (2,069,049.43

Estate Development (7,596,616.13) (5,023,051.54) Total (15,057,738.14) 7,926, 042.00 Garment Business: Total sales in garment business in Q2/2019 were 357,240,124.17 Baht, compared to 401,838,049.00 Baht

: Q1/ 2018 Q1/2017 Net Gain (loss) Net Gain (loss) THB THB Garment Business (37,838,702.24) (28,558,991.63) Real Estate Development (2,836,460.81) (2,979,998.04) Other businesses (16,000.00) (11,000.00

follows: Q2/ 2018 Q2/2017 Net Gain (loss) Net Gain (loss) THB THB Garment Business 12,949,093.54 (20,216,391.48) Real Estate Development (4,795,646.18) (1,120,997.37) Other businesses (227,405.36) (9,966.90

Development (1,968,095.47) (1,416,107.45) Other businesses (766,755.92) (10,800.00) Total 42,222,680.87 7,582,618.63 Garment business: Total sales in garment business in Q3/2018 were 593,153,096.49 Baht

COMPANY LIMITED SEC urges CHUO to cooperate with its auditor and submit financial statements promptly 22/01/2018 PACE DEVELOPMENT CORPORATION PUBLIC COMPANY LIMITED SEC grants a second extension to the