( 13 ) Microsoft Excel ( 1 ) http://172.19.1.196:8983/solr/secweb/select?q=simulated real estate OR "simulated real estate" OR "simulated genuine" OR "simulated authentic" OR "artificial genuine" OR

) Microsoft Word ( 16 ) aspx ( 7 ) Microsoft Excel ( 2 ) http://172.19.1.196:8983/solr/secweb/select?q=simulated real estate OR "simulated real estate" OR "simulated genuine" OR "simulated authentic" OR

/secweb/select?q= simulated real estate OR " simulated real estate " OR "simulated genuine" OR "simulated authentic" OR "artificial genuine" OR "artificial authentic https://secsearch.sec.or.th/?search

to a 20% reduction in IVL’s core EBITDA. Operating cash flow through this period increased by 33% to $1.3B, as a result of lower prices and operational excellence. IVL has proposed a dividend of

growth driven by lifestyle fibers growth in India (IRSL). IVL reported US$281M of core EBITDA registering a more pronounced decline yoy as spreads came off from a strong 3Q18. IVL reported US$405M of OCF

develop the authentic learning process in order to prepare the graduates for real-world challenges as well as promote and support various academic projects to enhance the quality of academic works for

) 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

 LTM 3Q18 Revenue $10.1 billion, +24% YoY, Core EBITDA margin 13.7%  Core EBITDA of $409m in 3Q18, +40% YoY; $1,379m LTM 3Q18 (45% YoY)  LTM 3Q18 Core EPS THB 4.49, +65% post 11.1% dilution from

Ventures 2nd Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 2nd Quarter 2018 Structural Improvements Driving Earnings Momentum  2Q18 Core EBITDA up 63% YoY, 1H18

: +662 661 6664 Indorama Ventures 1st Quarter 2020 MD&A 1 Executive Summary 1Q 2020 Financial Results • IVL achieved a core EBITDA of US$304M and an operating cash flow of US$340M, an increase quarter on