Cost 4,631.8 6,400.8 38.2% Gross Profit/2 6,232.8 6,007.9 (3.6%) Net Profit 2,906.8 3,229.3 11.1% Normalized Total Revenue/3 10,882.7* 13,058.7 20.0% Normalized Net Profit/4 2,422.8* 2,932.9 21.1% /1

PERFORMANCE Consolidated Financial Statements Q1 2019 Q1 2020 Increase/ (Decrease) THB mm THB mm % Total Revenue and Share of Profit 3,803.0 1,277.8 (66.4%) Total Cost 2,614.2 546.4 (79.1%) Gross Profit 1,074.0

95.0% by Ms. Nguyen Thi Ngoc Trang (Seller) and the remaining 5.0% is held by Mr. Lan Tieu Phi (Seller’s spouse) 1 MACO holds 75.0% in VGIMS, while the remaining shareholding is held by VGI 2 General

147.5 Total income 385.14 100.0 251.73 100.0 133.41 53.0 Cost of sales and services 275.58 71.6 176.02 69.9 99.56 56.6 Gross margin (exclude other income) 107.24 27.8 74.77 29.7 32.46 43.4 Selling and

Board meeting of the Company no. 5/2018 on 30 March 2018, it approved the purchasing of Takuni Land from Miss Nita Treeweeranuwat (Title deed no. 72763) and Mr. Takool Treeweeranuwat, (Title deed no

for a term of repayment not exceeding 6 months from the transaction date with interest rate at 5.25% per annum (the interest rate is calculated based on cost of fund of Financial Supporter plus premium

ended December 31, 2019 (a copy in Thai and English) Please be informed accordingly. Sincerely yours, (Mr. Aloke Lohia) Group CEO Indorama Ventures Public Company Limited Company Secretary Tel: +662 661

quarter of 2020 (a copy in Thai and English) Please be informed accordingly. Sincerely yours, (Mr. Aloke Lohia) Group CEO Indorama Ventures Public Company Limited Company Secretary Tel: +662 661 6661 Fax

% Other income 7.46 9.58 -2.12 -22.1% 20.29 23.59 -3.3 -14.0% Total revenue 799.05 803.25 -4.20 -0.5% 2,510.04 2,555.17 -45.13 -1.8% Cost of goods sold & service 692.70 674.63 18.07 2.7% 2,177.71 2,178.15

812.92 114.52 14.1% 1,737.91 1,557.90 180.01 11.6% Other income 8.03 7.16 0.87 12.2% 14.42 14.18 0.24 1.7% Total revenue 935.47 820.08 115.39 14.1% 1,752.33 1,572.08 180.25 11.5% Cost of goods sold