349 SJ Infinite I Business Complex, Unit 1507, 15th Floor, Vibhavadi-Rangsit Road, Chompol, Chatuchak, Bangkok, 10900 Tel. 02 075 5667-8 Fax. 02 075 5669 Website: www.eicasia.net Page 1 of 4

credit guarantee for Hero Experience by mean of business collateral registration as a cash deposit in the name of the Company with the amount of THB 90,000,000 based on the shareholding proportion in which

amount of THB 240,000,000. The loan comprises the 2 long-term loans which are THB 150,000,000 and THB 90,000,000. The Company will provide the credit guarantee for Hero Experience by mean of business

661 6664-5 www.indoramaventures.com Ref.No.IVL005/06/2018 29 th June 2018 President The Stock Exchange of Thailand Subject: Acquisition of Tire-Cord Business in the Czech Republic and Slovakia Indorama

growth of sale order, due to the expansion to non-automotive business in the past few years, bring us more sale order. 2. The cost of sales and services to sales ratio for the Group were 62.91% in 2nd

. Director who do not vote in the Board of Director meeting None The Board of Directors’ opinion The Board of Directors has considered that the said transaction is a general business term and reasonable, and

future cash flows, the terminal growth rate and discounted rate used in the assumptions are based on management of the subsidiary and indirect subsidiary’s judgment and past experience and business plan

AEONTS and its subsidiaries companies: Company Business Relationship with AEONTS AEON Financial Service Co., Ltd. (“AFS”) Finance -Major shareholder of AEONTS, holding 35.12% of AEONTS’ s shares AEON

. For the growth of sale order, due to the expansion to non-automotive business in the past few years, bring us more sale order. 2. The cost of sales and services to sales ratio for the Group were 71.76

from 7.4% to 11.9%, which was mostly caused by strong contribution of Epicerol® business. Gross profit margin = Gross Profit (Total Sales – Costs of Sales) to Sales Net profit margin = Net Profit to