), mother of Mr. Nontawat Dhanasuwiwath who is the director and executive of the Company. Therefore, this is defined as connected transactions complying with notification of Capital Supervisory board, Tor

-bearing debts 1.80 81.69 -98% Employee Benefit Obligation 38.35 25.46 51% Other liabilities 80.83 60.75 33% Total liabilities 234.86 282.61 -17% Total shareholders' equity of the Company 1,590.99 1,490.24 7

expenses in Q1, 2018 came from the payment to financial consulting, expenses from the extraordinary general shareholder’s meeting and extra cost from specific capital increase in January 2018. 5. Management

Benefit Obligation 39.59 26.50 38.35 49% 3% Other liabilities 83.70 45.41 80.83 84% 4% Total liabilities 308.27 259.47 234.86 19% 31% Total shareholders' equity of the Company 1,656.52 1,549.47 1,590.99 7

126.33 122.37 12% 16% Interest-bearing debts 0.99 350.42 345.48 -100% -100% Employee Benefit Obligation 51.44 41.35 37.22 24% 38% Other liabilities 84.05 70.13 65.36 20% 29% Total liabilities 278.16 588.23

Other assets 75.60 77.63 66.45 Total Assets 1,674.32 1,685.41 1,774.93 Trade Payable 118.80 136.50 128.39 Interest-Bearing Debts / Leasing 1.04 0.91 78.36 Employee Benefit Obligation 58.85 56.25 49.89

Debts / Leasing 1.18 0.91 123.24 Employee Benefit Obligation 57.72 56.25 38.69 Other Liabilities 114.44 91.93 96.98 Total Liabilities 298.76 285.60 378.07 Total Shareholders' Equity of the Company

projects under implementation.  More recently, Returns on Equity and on Capital Employed have surpassed the double-digit level. Specifically, for 2Q17, IVL achieved core ROE of 18.2% and a core ROCE of 12.6

Cash Flow is after change in net working capital and cash tax, before maintenance capex Indorama Ventures 2018 MD&A 3 FY 2018/4Q 2018 Performance Highlights  FY18 core EBITDA increased by 44% YoY to

IFA Jay Capital Advisory Company Limited SET The Stock Exchange of Thailand SEC The Securities and Exchange Commission Notification of the Acquisition or Disposition Notification of Capital Market