1.41 Leverage ratio 30-Jun-20 30-Jun-20 31-Dec-19 Interest bearing debt to equity (time)* 3.20 1.27 0.94 Net interest bearing debt to equity (time)* 2.88 0.95 0.20 Debt to equity (time)* 4.12 2.20 1.76

due to short term loan for TTTBB acquisition. Nonetheless, AIS has ample operating cashflow to repay its debt obligation and ensure liquidity is managed efficiently. Leverage Net debt to EBITDA

$! $5-7+:/- +!! /-3! 17 9 % leverage -A !5!!B9 C& ! 5 ,/ D! E! 2F+5!7 / !5:!33G +! &9 H,-FFH,7+61 9 %4 -I!: +J 3 !KL&!5I ! -M7- C ,/!I!35A1 ,/5!7 !-N33:4565 I: ,/3 25 +J!8A6 9!3C!93 / !/6 !/!3+!!! 9

footprint and leverage the financial and commercial skills of IVL to create shareholder value. The transaction is funded by IVL’s internal cash flows and debt financing only and does not necessitate any

have dependable capabilities and experiences in power industry. Board members are competent persons from diverse business areas, many of whom are knowledgeable and long-time experienced in energy and

) 2.4 3.1 Net profit (after MI) 2 (%) 13.9% 23.7% Average collection period7 (days) 77 69 Return on equity3 (%) 11.1% 17.4% Payable days (days) 124 145 Efficiency Ratios Leverage Ratios Return on assets4

 เร่ือง ขอขึ้นและตอทะเบียนเจาหนาท่ีการตลาด ขาพเจา นาย/นาง/นางสาว ………………………… ช่ือสกุล ………………….……… มีความประสงคขอขึ้นทะเบียนเจาหนาที่การตลาดประเภท ตราสารทุน ตราสารหนี้ ตราสารที่มี leverage โดยมี

2017/18 2018/19 Liquidity Ratios 31-Mar 2018 31-Mar 2019 Efficiency Ratios Leverage Ratios   MANAGEMENT OUTLOOK Advertising Payment Logistics

will open up new market opportunities and enhance value to our customer by further enabling them to leverage IVL’s existing manufacturing capabilities and supply chain. The value of the above acquisition

Profitability Ratios 1Q 2018/19 (Restated) 1Q 2019/20 Liquidity Ratios 31-MAR 2019 (Restated) 30-JUN 2019 Efficiency Ratios Leverage Ratios  MANAGEMENT OUTLOOK