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

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

right to vote, excluding the vote of the shareholders having a conflict of interest. • Appoint Discover Management Co., Ltd. to be the Independent financial advisor to express and prepare the opinion in

with the Company : Buyer has no relationship with the Company or (1) directors and management (2) persons with controlling power (3) major shareholders of the Company; or (4) other companies having the

1 Ref. No. IVL 006/11/2017 9 Nov 2017 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Reviewed Financial Statements and the Management Discussion and Analysis of

provide an opinion on the Acquisition Transaction and the Connected Transaction of the Company. Approved to convene the Extraordinary General Meeting of Shareholders No. 1/2018 which will be held on 2018 at

management invested in bank deposits or short-term funds that the company has invested. 9. Condition of entering into the transaction Due to this transaction is considered as a connected transaction according

บทรายงานและการวิเคราะห์ของฝ่ายบริหาร Management Discussion and Analysis For the Financial Result of Year 2019 Ended December 31, 2019 Note: This Management Discussion and Analysis (MD&A) was made to

V3 27/02/63 0 V3 27/02/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2019 In 2019, the Thai economy grew by 2.4 percent year-on-year, down from

registered bidders who are not deemed as a connect person of the Company, the Company will also allow the registration only to accommodate the communication and cooperation with them, as well as to provide