1 --Translation-- Sor Gor 11/2018 February 22, 2018 Subject: Management Discussion and Analysis for the year ended December 31, 2017 (Audited) To: The President The Stock Exchange of Thailand

Ref. No. IVL [002/08/2019] 8 August 2019 The President The Stock Exchange of Thailand Subject: Submission of Quartely Review of Financial Statements and the Management Discussion and Analysis of

Ref. No. IVL 002/11/2018 Nov 8, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

, by the Stock Exchange of Thailand, for outstanding sustainable business practices. . Our inclusion in these global standards underscores KBank’s firm adherence to internationally recognized

inflation is expected to average 0.4-0.9 percent, lower than the 0.7 percent in 2019 while the Monetary Policy Committee (MPC) may signal a more accommodative stance if the Thai economy sees only a lackluster

average fuel prices are likely to be higher than the level seen in the previous year. This trend may affect monetary policy maneuvering of central banks around the globe. The Federal Reserve is expected to

concerning Investment of Funds; “business day” means a day on which management companies are open for normal business; “Stock Exchange” means the Stock Exchange of Thailand; “provident fund with multiple

entering into Material Transactions Deemed as Acquisition or Disposal of Assets and Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and other Acts of

percent in the same quarter last year and below the Bank of Thailand’s (BOT) target range of 1-3 percent. Core inflation was 0.53 percent, down from 0.62 percent in the same quarter last year. The average

agencies while also adding efficient tools to ensure market stability through the following actions: (1) a Capital Market Development Fund has been established; (2) the Stock Exchange of Thailand is required