regulations related to requirement of minimum number of auditors in the capital market in an audit firm to enhance the overall strength of audit firms in the capital market Building Confidence in the Capital

audit firm to enhance the overall strength of audit firms in the capital market Building Confidence in the Capital Market NEWS Securities and Exchange Commission Corporate Communication and Investor

strength of audit firms in the capital market Building Confidence in the Capital Market NEWS Securities and Exchange Commission Corporate Communication and Investor Service Department Tel. (66)2033-9502-5 E

enhancing the Com- pany’s HVA portfolio. In September 2017, Indorama Ventures made its debut in the Dow Jones Sustainability Index (DJSI Emerg- ing Markets) and was ranked among Top Five of all chemical

domestic PET producer with Brazil debut  Enhanced opportunity to serve our customers in any part of the world  Accelerates next wave of growth in the Americas 16-Mar-18 (Signed: 15-Mar-18) 24-May-18 Corpus

Under review Brazil PET  Entering new continent as domestic PET producer with Brazil debut  Enhanced opportunity to serve our customers in any part of the world  Accelerates next wave of growth in the

investment driven its business growth compatible with strengthen the revenue structure and support sustainable growth strategy. In 2019, CPN progressed with the following new investments. CPN debut the first

Instrument Baa1 Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable Stable Stable Standard & Poor’s Long-term Counterparty Credit Rating BBB+ BBB+ BBB

V3 27/02/63 0 V3 27/02/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2019 In 2019, the Thai economy grew by 2.4 percent year-on-year, down from 4.2 percent in 2018. Against the backdrop of a global trade slowdown and US-China trade uncertainty, merchandise exports and imports for the year contracted by 2.7 and 4.7 percent from 2018, respectively. Private investment slowed to 2.8 percent from 4.1 percent in 2018 while manufacturing production...

Subordinated Debt Instrument Baa2 Baa2 Baa2 Baa3 Subordinated Debt (Basel III-compliant Tier 2 securities) Baa3 Baa3 Baa3 - Financial Strength (BCA) baa1 baa1 baa1 baa2 Outlook Stable Positive Positive Stable S