661 6664-5 www.indoramaventures.com Ref.No.IVL001/01/2020 6th January 2020 President The Stock Exchange of Thailand Subject: Report on the Completion of the Acquisition of the Integrated Oxides and

THB 2.6B. • Strong performance for Combined PET, given COVID disruption, driven by strong PET demand, higher Integrated PET spread, lower costs, improved PIA margin. • Integrated Oxides & Derivatives

margins towards PTA and PET are expected to be the main drivers for strong performance of Integrated PET chain. In the Fibers & Packaging segment, we expect higher utilization rates and improved earnings on

quarter driven by resilient sales and margins in Integrated PET, USA PX and PIA businesses. Core net profit grew to THB 1.6B • Core EBITDA grew in all segments and in all regions as our products primarily

and targeted to lead to $350 million in run-rate cost savings by 2023. These initiatives and the strategic acquisition of the Huntsman Integrated Ethylene and Propylene Oxide (EO & PO) assets (code

under one global CEO, demonstrated deftness and agility in keeping our supply chains functioning with minimal disturbance to cater to strong customer demand. IVL’s regionally integrated business model has

growth driven by lifestyle fibers growth in India (IRSL). IVL reported US$281M of core EBITDA registering a more pronounced decline yoy as spreads came off from a strong 3Q18. IVL reported US$405M of OCF

businesses of Integrated PET, Fibers and Packaging, which constitute 94% of our capacity and contributed to 92% of the core EBITDA delivered strong results. The integrated PET segment benefitted from higher

million. The core businesses of Integrated PET, Fibers and Packaging, which constitute 89% of our capacity and contributed to 91% of the core EBITDA delivered strong results. The integrated PET segment

combined capacity of appx. 30,000 tonnes/ annum. Sinterama is vertically integrated from chips to yarns and offers a vast range of colored polyester yarns for the automotive, furnishing, apparel and