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

stated otherwise) 2019 2018 2019 YoY Production (MMT) 12.3 10.4 18% Combined PET 10.3 8.6 20% Integrated PET 9.4 7.8 20% Packaging 0.2 0.2 31% Speciality Chemicals 0.7 0.6 14% Integrated Oxides and

. ** Combined PET includes Integrated PET, Specialty Chemicals and Packaging. 1Consolidated financials are based upon elimination of intra-company or intra-business segment transactions. 2Total of each segment

, diversified and steady cash flows, growing with a combined EBITDA of 18% YoY and 44% LTM 2Q19. The Integrated Oxides & Derivatives segment was negatively impacted by the extended shutdown into 2Q19 following

business by subsidiary which previously only focused within the group to the company outside the group. The revenue from construction service which recognized in the first quarter of 2019 has mostly come

subsidiary which previously only focused within the group to the company outside the group. The revenue from construction service which recognized in the first half of 2019 has mostly come from the

ภาษีเงนิได้ ค่าเส่ือมราคาและค่าตัดจ าหน่าย (Core EBITDA) 2,3 304 201 304 51% 0% Combined PET 192 134 228 43% (16)% Integrated Oxides and Derivatives 50 31 3 64% 1,893% Fibers 61 43 69 43% (12)% ก าไรหล

excellence initiatives. Combined PET Combined PET segment achieved core EBITDA of US$260M, growing by 47% QoQ and 35% YoY, driven primarily by demand growth and higher integrated industry spreads on top of the

อย่างอ่ืน) ปี 2562 ปี 2561 ปี 2562 (เปรียบเทียบ) YoY% ปริมาณการผลติ (พนัตนั) 12.3 10.4 18% Combined PET 10.3 8.6 20% Integrated PET 9.4 7.8 20% Packaging 0.2 0.2 31% Specialty Chemicals 0.7 0.6 14

Combined PET และ Integrated Oxides & Derivatives ทั้ง 13 แห่ง Indorama Ventures 2nd Quarter 2020 MD&A 2 ส าหรับปี 2563 บริษทัมีความมัน่ใจในโครงสร้างธุรกิจของบริษทัซ่ึงมีฐานการผลิตทัว่โลก ท าให้เกิดระบบ