EBITDA per ton of $141 vs $87 in 1Q LTM 2017 The Asian business is on the path to recovery with 1Q 2018 LTM Core EBITDA per ton of $75 vs $71 in 1Q LTM 2017, current earnings not yet reflective of the
quarter production and sale volume should not be a reflective to volume for the remaining period in 2019. The Company has already embarked on a maintenance programme last year, which includes, improved
created by on-going restructuring as customers looked for higher con- tracted volumes due to risk that the restructuring would result in planned capacity not coming on line. This is reflective of the
regions on LTM basis; EMEA 3Q18 EBITDA per ton decreased YoY, negatively impacted due to startup/ramp-up of Egypt PET and Portugal PTA. Core ROCE 14%, up from 12.4% in 3Q17 LTM is not fully reflective of
value of the asset and not the current price of the asset, thereby rendering the asset’s book value possibly not being reflective of a fair price of the asset. The Adjusted Book Value Approach, on the
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