) 2661-6664 2 INDORAMA VENTURES PUBLIC CO., LTD (SET: “IVL”) MANAGEMENT DISCUSSION AND ANALYSIS (MD&A) FOR THE PERIOD OF 3Q 2017 (CONSOLIDATED) Table 1: Financial Summary - Core Financials of Consolidated

percent or more but lower than 50 percent . On that basis, the Company is obligated to disclose information pertaining to the Class 2 transaction to the Stock Exchange of Thailand (“the SET”) as follows

, the Company is obligated to disclose information pertaining to the Class 2 transaction to the Stock Exchange of Thailand (“the SET”) as follows. Ref. WINNER 0009/20108 Page 2 of 8 1. The date on which

accordance with 15 percent or more but lower than 50 percent . On that basis, the Company is obligated to disclose information pertaining to the Class 2 transaction to the Stock Exchange of Thailand (“the SET

. 1/2019. 2. Approved the appropriation and retaining of the net profit Baht 511 million as legal reserve and the declaration of dividend payment from the Company consolidated net profit for the period

5.84 40.07 Total Equity 13.07 24.80 24.91 Total Revenue 12.01 11.98 5.91 Net Profit 8.89* 2.72 (0.11) Remark: *IGEN-ENERGY booked profit from debt discharge amounting 9.61 million. 8. Expected benefit to

330 -30% Natural Resource Business Group 5/ 36 (23) 145 298% 726% 104 122 18% Others 6/ (72) (76) (94) -29% -23% (128) (170) -33% Net profit attributable to owners of the parent 985 214 528 -46% 147

(Translation) th August, Ref: SET-- Re: Management's Discussion and Analysis and Operating Results for Quarter / Dear: The President The Stock Exchange of Thailand Filter Vision Public Company

3. V.I Capital Co., Ltd. 160,000 1,600,000.00 20.00 Total 800,000 8,000,000.00 100.00 Performance and Financial Statements of Anypay Unit : Baht Profit and Loss Accounts Year 31 Dec 2016 Main Revenue

Management Jaymart Public No. IR60/0 Subject: Attention: Regarding 6/2017 on the Comp which has follows; The Comp of 130.8 m profit marg subsidiarie net profit o percent ca growth es performan Summary es vice