; Thailand car production decreased by 18.5% in Q1 2024 hence lower volume from major customers. Our revenue outperformed the industry however thanks to our geographic diversification and satisfactory

reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude

Production Volume (kt) 2,325 2,306 2,188 6% 9,240 9,152 1% Consolidated Revenue1,2 2,414 2,135 2,041 18% 8,811 7,652 15% PET 1,228 1,089 1,020 20% 4,503 3,938 14% Fibers 727 650 573 27% 2,543 2,123 20

6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading

. Despite total sales volume of the Marketing Business declining 20% QoQ and 26% YoY. Most of the decline can be attributed to sales of oil though the industrial channel, due to it still being affected by the

addition, the dispatch volume from Houay-Ho as a result of the lower power generation. The company will also have to recognize the interest expense which increased by Baht 133 million from Q2/2019 as this

have completed the training courses on foreign currency risk from any agency recognized by the SEC Office, to provide services to the clients regarding investment in the capital market products

Business Personnel, who have completed the training courses on foreign currency risk from any agency recognized by the SEC Office, to provide services to the clients regarding investment in the capital

Capital Market Business Personnel and have completed the training courses on foreign currency risk at any agency recognized by the SEC Office, to provide services to the clients regarding investment in the

Personnel and have completed the training courses on foreign currency risk at any agency recognized by the SEC Office, to provide services to the clients regarding investment in the capital market products