cash because the Board of Directors expected that there will be additional surplus liquidity from operations and the capital increase from the IPO during the period which there are no plans to use the

of rights to over-allotted shares under the over-allotment plan (if any). Trinity Securities Co., Ltd., as an over-allotment agent, borrowed 230,000,000 shares from FIDF for IPO and secured cash of the

the exercise of rights to over-allotted shares under the over-allotment plan (if any). Trinity Securities Co., Ltd., as an over-allotment agent, borrowed 230,000,000 shares from FIDF for IPO and secured

owners of the Company (1,911) (4,661) 59% 528 -462% (6,571) 742 -986% Earnings per share (Baht) (1.50) (3.49) 0.38 (5.02) 0.54 Note: 1/ EBITDA from Refinery Business of the Company, BCP Trading Pte. Ltd

reduced expectations of a Federal Reserve policy rate increase and positive factors domestically, in particular, seasonality and Thailand’s ongoing current account surplus. Nonetheless, the Baht

: +662 661 6664 Indorama Ventures 2nd Quarter 2019 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 2nd Quarter 2019 Breaking News; IVL announces acquisition of a significant

capital outflows from the Thai market. Given the healthy Thai economic fundamentals, as evidenced by revived economic activity, a rising inflation rate and current account surplus, however, Thailand may

receipts, however, the country’s current account turned to show a surplus. Moreover, clarity regarding Thailand’s general election date helped curb capital outflows, and the Thai Baht resumed its

stipulated in this legislation. KASIKORN LEASING Co., Ltd. (“KLeasing”), one of the K Companies, is governed by this statute. KBank has studied the change and communicated relevant information to KLeasing and

334.30 300.90 Premium (Discount) on Share Capital 743.49 743.49 561.2 167.08 Other Surplus (Deficit) - - - - Retained Earnings (Deficit) 370.91 318.09 197.71 240.14 Treasury Stock - - - - Shareholders