trade uncertainties. The fibre business made a significant strategic move by establishing its presence in India by acquiring controlling stake in Indorama Synthetics Limited in 2Q19 (605 KTA). This

-controlling interest 461,358 5% 455,017 6% 327,298 5% 121,482 3% Total shareholders’ equity 3,816,165 44% 4,354,351 53% 3,008,074 43% 675,682 15% Total liabilities and shareholders’ equity 8,575,884 100

Financial Position (Baht million) Ending 31 December 2016 (Unit: Million Baht) 2016 2015 Asset 2,175.73 2,613.16 Intangible Assets - - Liability 1,909.09 2,493.93 Non-controlling interest - - Shareholders

- Issued and paid-up share capital 200.00 200.00 200.00 - Retained earnings 194.14 66.64 (80.77) Non-controlling interest - - - Shareholders’ equity 394.14 266.64 119.23 Total liabilities and shareholders

tax expense (22.03) -3.1% (9.17) -1.1% (19.00) -2.3% 107.2% -13.8% Net profit 131.69 18.4% 121.27 14.6% 143.77 17.1% 18.6% 9.2% Non-controlling interests of the subsidiaries - 0.0% (1.09) -0.1% (1.24

-controlling interests of the subsidiaries (0.26) (0.36%) (0.06) (0.08%) (0.20) (365.56%) Revenue Total revenues from operation of SAAM Group consist of (1) revenues from provision of service and rental

14.6% 144.59 17.4% 141.64 17.3% -2.0% 16.8% 541.32 17.4% 580.81 17.4% 7.3% Non-controlling interests of the subsidiaries (1.09) -0.1% (0.83) -0.1% (0.64) -0.1% 100.0% 100.0% (1.57) -0.1% (2.29) -0.1

18.4% 145.48 19.0% 1.2% 2.7% 580.81 17.4% 583.21 18.5% 0.4% Non-controlling interests of the subsidiaries (0.64) -0.1% (0.05) 0.0% (0.21) 0.0% 100.0% 100.0% (2.29) -0.1% (1.02) 0.0% 100.0% Net profit

SHR's paid-up capital after its capital increase and SHR will remain the Company's subsidiary. Additionally, the Company reported profit attributable to non-controlling interest in accordance with its

not executive management or controlling shareholders from the past until current and shall not be after the acquisition of SEL. Thus, such transaction is not considered as a connected transaction