-1- AIT (VP-SEC) 014E/2024 May 9, 2024 Subject: Management's Discussion and Analysis of Operating Results for Q1-2024 To: The President of the Stock Exchange of Thailand Summary of Operations Q1-2024

Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the First Quarter of 2018 1 1.2 Banking Industry and Competition 2 1.3 Regulatory Changes 2 2. Risk

environment of both the public and private sector remained weak, and private consumption, albeit growing steadily, slowed during the second half of the year. Meanwhile, the Thai economy in 2020 is expected to

Ref. No. IVL 007/05/2018 May 10, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

’ environment. CPN successfully maintain an effective capital structure and flexible financing cost structure, as well as prepare adequate funding to support the investment plan and lower the financing cost at

Bt117,244mn following the economic environment and competition, offset by the significant increase in subscriber base with a net addition of 2.68mn. The strong net additions were driven by our strong

(Translation) Safari World Public Company Limited Bor Mor Jor 0107537000351 No.038/2018 May 25, 2018 Subject: Disclosure of related party transactions To: President The Stock Exchange of Thailand In

Ref. No. IVL 007/08/2018 Aug 6, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

Eng_MD&A Final Q3'19 November 13, 2019 Ref: SET-2019-011 Re: Management Discussion and Analysis for Quarter 3’ 2019 Attn. to: President The Stock Exchange of Thailand Filter Vision Public Company

effectively. In this exciting environment, companies that are able to adapt themselves are more likely to survive and outperform their counterparts. In anticipation of such developments, VGI was the first