growth plans Indorama Ventures 1st Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions
maximize their value. TRIS Rating upgrade of corporate and debenture ratings to “AA” with stable outlook. In 2017, CPN launched 3 new condominium projects, which garnered positive responses. Sustainable
equipment upgrade in 4Q19. Other costs of service, including cost of content, prepaid commission, and IC cost, were Bt2,090mn, decreasing - 11% YoY, - 13% QoQ due to lower prepaid commission following the
continued improvement in plant efficiency. • EBITDA margin increased y-on-y to 28.6% in Q2’2020 and 28.9% in 6M’2020 from 1) ABP5 and BPWHA1 improving heat rate after gas turbine upgrade in July 2019 and
equipment upgrade in 4Q19. Other costs of service, including cost of content, prepaid commission, and IC cost, were Bt2,090mn, decreasing - 11% YoY, - 13% QoQ due to lower prepaid commission following the
require external funding to upgrade or develop new, capital intensive facilities. 1.4. Assets and projects in scope for the Criteria These Criteria apply to assets and projects relating to the following
healthcare professionals from Faculty of Medicine, Prince of Songkla University, Had Yai, Songkhla province to fly on a special flight, Hat Yai - Phuket to the second field hospital of Prince of Songkla
facility for a utility upgrade of the entire estate. North America now contributes to 40% of the Company’s earnings. Given the extent of integration and growth in its HVA portfolio, the region now earns in
aspirations Indorama Ventures 2nd Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions and
warrants exercise LTM 3Q18 Operating Cash Flow of $1,037 million Net Operating D/E ratio 0.53x; Rating Upgrade to AA- with “Stable Outlook” 2019 Guidance reaffirmed; attractive and accretive production