2019. Figure 1: Core EBITDA Evolution Note: Core numbers, total of all regions may not match to IVL due to holding segment. Figure 2: Regional Performance Indorama Ventures 2nd Quarter 2018 MD&A 5

distribution to boost the ratio of regular income and match the needs of the customers who would like to have a home but have not made a decision to buy one. The emphasis has been put on university students

strong underlying performance as explained earlier. Figure 1: Core EBITDA Evolution V Note: Total of all regions may not match to IVL due to holding segment. Indorama Ventures 3rd Quarter 2018 MD&A 7

to match customers’ need, to draw customers’ attention and to draw traffic. 2. Cost of goods sold and gross profit 3Q19 and 9M19 gross profits represented 46.47% and 43.93%, respectively. Gross profits

follows: - Translation - Page 3 of 6 (1) Club and international football match sponsorship fees: Club and international football match sponsorship fees, recognized as expenses in accordance with payment

follows: (1) Club and international football match sponsorship fees: Club and international football match sponsorship fees, recognized as expenses in accordance with payment terms, economic benefits and

Company’s authorized directors shall be empowered to consider, determine and modify other details which are necessary for and in relation to the allocation of the newly issued ordinary shares, including, but

person(s) designated by the Company’s authorized directors shall be empowered to consider, determine and modify other details which are necessary for and in relation to the allocation of the newly issued

Company’s authorized directors or any person(s) designated by the Company’s authorized directors shall be empowered to consider, determine and modify other details which are necessary for and in relation to

5th day of November 2008. (Mr. Vijit Supinit) Chairman Securities and Exchange Commission Remarks : The reason for issuing this Notification is that it deems appropriate to modify the qualifications of