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

200 basis points lower. TRIS has reaffirmed IVL’s AA- rating, with Spindletop (part of Huntsman’s assets) factored in. Industry spreads lower in Integrated PET, MEG, IPA, and Lifestyle fibers vertical

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

EBITDA2,3 304 318 326 (7)% 1,419 1,112 28% PET 145 113 116 25% 617 356 73% Fibers 77 72 55 39% 261 218 20% Feedstock 78 136 151 (49)% 540 535 1% New Segments Integrated PET 192 171 142 35% 841 466 81% Fibers

% Core EBITDA2,3 304 318 326 (7)% 1,419 1,112 28% PET 145 113 116 25% 617 356 73% Fibers 77 72 55 39% 261 218 20% Feedstock 78 136 151 (49)% 540 535 1% New Segments Integrated PET 192 171 142 35% 841 466

integrated marketing communications where the Company incurred expense to sponsor marketing activities at a cinema in one of major leading shopping center in Bangkok. The Company administrative expense for the

. Moreover, the company has integrated marketing communications where the Company incurred expense to sponsor marketing activities at a cinema in one of major leading shopping center in Bangkok. The Company

IVL as a whole in 2019. o Sharp decline in crude prices (high of $ 83/bbl in 3Q18 versus low of 54/bbl in 4Q18) as we entered in to the weak season led to accelerated destocking in the integrated PET

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

661 6664-5 www.indoramaventures.com Ref.No.IVL005/12/2018 24th December 2018 President The Stock Exchange of Thailand Subject: Integrated PTA-PET assets at Corpus Christi Joint Venture Receives FTC