Ref. No. IVL 003/08/2020 13 August 2020 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Review of Financial Statements and the Management Discussion and Analysis of

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 3rd quarter ended September 30th, 2018 Management Discussion and Analysis of Business

conglomerate business partner from Myanmar who invests in various businesses including property, mining automotive, manufacturing and food and beverage. Resort on Island 3 of CROSSROADS project is composed of 80

manufacturing process, rain-storage system, and water system installation and water treatment project, etc. However, when compared with the same period of previous year; it can be proved that there are special

the manufacturing. 15 4 Electricity Generating Authority of Thailand, Mae Moh District, Lampang Province, changed all power supply in the mine and changed the motor protection relay in the power plant

(Merchant Power) 7,452 15.1 6,653 14.2 5,985 12.8 ผลิตภณัฑ ์FMBG (Fan & Thermal Management) 7,021 14.3 7,064 15.1 6,053 12.9 กลุ่มโครงสร้ำงพื้นฐำน (Infrastructure) 10,532 21.4 11,088 23.6 12,310 26.2 ผลิตภณัฑ

& amortization 13,546 13,222 13,118 -3.2 % -0.8 % 53,374 52,902 -0.9 % (Gain) loss on disposals of PPE 30 3 -8 -127 % -390 % 26 20 -23 % Management benefit expense -26 -36 -29 13 % -19 % -145 -133 -8.4 % Other

Ref. No. IVL 002/11/2018 Nov 8, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

CONTENTS Page I. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS .......................... 5 II. DESCRIPTION OF MTN Program

PowerPoint Presentation Management Discussion and Analysis 3rd Quarter of 2020 Q3/2020 Q3/2020 and Recent Highlights In the third quarter of 2020, economic factors that affected company's results of