increasing revenue from other income, including trademark and trade name fees of DEAN & DELUCA of 70 Million Baht. The total gross profits in Q3 2017 was 597 Million Baht or 29% of the total revenue, improved

environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and

Operating Debt to Equity (times) 0.39 0.54 0.80 (51)% 0.39 0.80 (51)% 1Consolidated financials are based upon elimination of intra-company (or intra-business segment) transactions 2Total of each segment may

2.03 27% Core EBITDA/t (US$/t)) 107 100 94 14% 97 86 13% Net Operating Debt to Equity 0.84 0.80 0.99 0.84 0.99 Note: (1) Consolidated financials are based upon elimination of intra-company (or intra

188 61% 1,037 853 21% Net Operating Debt to Equity (times) 0.53 0.45 0.57 (7)% 0.53 0.57 (7)% 1Consolidated financials are based upon elimination of intra-company (or intra-business segment

Million Baht or 31.3 of the total revenue, improved greatly 190.2 Million baht or 28.2%. The rise was primarily contributed by property business. The gross profit from property business in Q2 2017 was

% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal

intra-company (or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Excludes price adjustment for captive sales on

the stated policy of 30% of net profits. TRIS has reaffirmed IVL’s AA- rating after the announcement of the Spindletop (Huntsman EO & PO assets) acquisition. Perpetual debenture was refinanced at 200

Net operating debt to equity at 0.61 times with strong operating cash flow. Dividend payout remain much higher than its stated policy of 30% of net profits. Perpetual debenture of THB 15b refinanced at