, there shall not be any person taking responsibility of the entire process which may render him or her an opportunity to illegally modify or amend the information or operation of computer system. Clause 5

personnel in such units. However, there shall not be any person taking responsibility of the entire process which may render him or her an opportunity to illegally modify or amend the information or operation

for a project to modify machinery to increase production efficiency from the Board of Investment (BOI), which has set conditions for performance that must meet the criteria according to the indicators

whether or not the HRC price at that time was significantly increase or decrease. Management’s Discussion and Analysis (MD&A) For Q3/2017 5 Executive Summary In the third quarter of 2017, the company has

. Executive Summary 2. AMC Industry Outlook and Overview 3. Regulatory Considerations 4. Management Discussion and Analysis 5. Key Financial Ratios 6. Forward looking IMPORTANT DISCLIAMER The information

persons 6. Market overview of the business of procuring benefits from invested real estate 7. Structure and operation of REIT 8. REIT Manager 9. Trustee 10. Fees and expenses collected from REIT 11

(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

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary CPN’s total revenue and net profit continues to grow according to its business plan

relevant favourable prices and conditions. 11. Opinions by The Audit Committee and/or Director significantly different from those by The Board of Director - None - 12. Information of the company 12.1 Summary

Summary 3 Operating Performance 4 Market Overview by Business 6 ▪ Market Overview of Methyl Ester Business 6 ▪ Market Overview of Fatty Alcohols Business 8 Operating Performance by Business Unit 10 ▪ Methyl