(0) 2661-6664 2 INDORAMA VENTURES PUBLIC CO., LTD (SET: “IVL”) MANAGEMENT DISCUSSION AND ANALYSIS (MD&A) FOR THE PERIOD OF 2Q 2017 (CONSOLIDATED) Table 1: Financial Summary - Core Financials of

) dropped by 58.4 percent in first half of 2020. Europe experiences a highest dropout rate at 61.1 percent followed by Asia Pacific and Africa at 58.6 percent and 57.1 percent respectively. In supply side

Limited To: Secretary-General, The Office of The Securities and Exchange Commission (the “SEC”) President, The Stock Exchange of Thailand (the “SET”) Board of Directors and Securities Holders of Glow Energy

Thailand (the “SET”), the details shall contain at least the List (1) of the Acquisition and Disposal Rule; 4 เลขที ่1 อาคาร ทีพี แอนด์ ที ชัน้ 14 ซอยวิภาวดีรังสิต 19 14th Floor, TP&T Tower 1 Soi Vibhavadee

of such newly issued ordinary shares on the Stock Exchange of Thailand (“SET”) and any other actions necessary for and related to the allotment of new ordinary shares of the Company in order for the

of such newly issued ordinary shares on the Stock Exchange of Thailand (“SET”) and any other actions necessary for and related to the allotment of new ordinary shares of the Company in order for the

of such newly issued ordinary shares on the Stock Exchange of Thailand (“SET”) and any other actions necessary for and related to the allotment of new ordinary shares of the Company in order for the

of such newly issued ordinary shares on the Stock Exchange of Thailand (“SET”) and any other actions necessary for and related to the allotment of new ordinary shares of the Company in order for the

with respect to the asset acquisition transaction are set out in the Information Memorandum on Asset Acquisition of the Company, and are attached hereto as Enclosure 1. 2. Asset Disposal Transaction of

acquisition transaction are set out in the Information Memorandum on Asset Acquisition of the Company, and are attached hereto as Enclosure 1. 2. Asset Disposal Transaction of the Company (Translation