-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

goals as expressed in the United Nations Sustainable Development Goals and the Paris Agreement on Climate Change. In addition, the Corporate Governance Committee approved the 2020 sustainable development

determine the CPO pricing policy, economic change, and climate change. However, the determined policy and controlling the rate of loss cannot eliminate all the risks, they were just reduced the risks and

second quarter of 2019 were at 58.6% and 53.2%, respectively, mainly due to change in product mix between Built-to-Suit and Ready-built facilities. 2. Sale of Investment Properties  Income from sale of

Company's performance that is the risk of fluctuation in CPO price; mostly caused by the intervention of the government to determine the CPO pricing policy, economic change, climate change, and demand and

Conservation Policy as guidance for contributing to efforts to mitigate the impacts of climate change by reducing greenhouse gas emissions caused by our operations and by creating products and services that

Discussion and Analysis of Business Operation for Q1/2019 Bangchak Corporation Plc. I 5 Important Events in the Quarter  Important change in accounting policy from the International Financial Reporting

Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after change in net working capital and cash tax, before

EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after change in net working capital and cash

change in net working capital and cash tax, before maintenance capex Indorama Ventures 2nd Quarter 2019 MD&A 3 Summary 2Q19 results IVL’s performance for the first half and ongoing progress give us the