needed. Readers should rely on the THB results only. Indorama Ventures 1st Quarter 2018 MD&A 11 List of Tables Table 1 Core Financials of Consolidated Business…………………………………………………. 2 Table 2 Segment Results

believes that the business can be explained better in US$ terms. However THB numbers are also given where needed. Readers should rely on the THB results only. 11 List of Tables Table 1 Core Financials of

purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The raw material reference prices on the world market are that the HMS 1&2 (80:20

the global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic

where needed. Readers should rely on the THB results only. List of Tables Table 1 Core Financials of Consolidated Business 2 Table 2 Segment Results (New segment) 4 Table 3 Major Projects Update

the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The raw material reference

for the global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic

from shareholders, the Company is required to appoint Finnex Advisory Company Limited as the Financial Advisor (“IFA”) who is approved by SEC and express an opinion on the transaction. Resolution of the

disclosure of information memorandum. In order to approve this connected transaction from shareholders, the Company is required to appoint Finnex Advisory Company Limited as the Independent Financial Advisor

result, the Company is required to (1) preparing the information memorandum regarding the acquisition of assets according to Enclosure No. 1 Information Memorandum regarding the acquisition of assets and