Pink Line Project Technology Monorail Route Khae Rai-Min Buri Ownership 10% Contract Term 30 years COD 2022 Progress Civil Works = 60.31% Railway System = 53.91% MRT Yellow Line Project Technology

are calculated from Total Revenue 1 Financial PerformanceExecutive Summary Significant Events Management Discussion & Analysis Q1/2022 2 Expanding to Overseas Market • On January 25, 2022, the Company

, compared to Baht 106.5 million in Q2 2023 in line with our net interest bearing debt level. Net profit (loss) attributable to equity holders was Baht 102.7 million, compared to net profit of Baht 410.0

to achieve COD as scheduled in PPA, and construction cost is in line with the budget approved by lenders. This achievement would enable us to keep record of managing the project to commence COD in time

investments by the equity method while lower depreciation due to the change in estimating useful lives of assets at Dusit Thani Manila to reflect the real future economic benefits and in line with the Company’s

year, there was no special order at all. In addition, sales volume in convenience store business line, which expand the business to new branch continually such as a water purification system, roller

Consideration method in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets

from rise in value of the Low Sulphur Fuel Oil product group which the market has demand for adhering to the IMO measures. Despite the amount of trade and transaction of crude oil and finished product

line with the overall decreased average occupancy trend for the hotels industry in the Maldives. As for the Food Business, overall there was a more positive trend during Q3/2017 compared to the same

transaction in line with our strategic direction highlighted in the 2019 Capital Markets Day. On a proforma basis, this acquisition adds 25% to IVL’s 2018 core EBITDA and also adds 23% of additional