Change THB million % THB million % THB million % Revenue from services 973.8 100.0% 1,144.9 100.0% 171.1 17.6% Costs of services 549.5 56.4% 764.5 66.8% 215.0 39.1% Gross profit 424.3 43.6% 380.5 33.2

some advertising and promotion transactions to impact on total sales reduction and also selling expenses reduction. However, there is no impact on net profit. o CMG : TFRS 15 set a principle to recognize

: Adjusting some advertising and promotion transactions to impact on total sales reduction and also selling expenses reduction. However, there is no impact on net profit. o CMG : TFRS 15 set a principle to

a period-on-period basis. The net profit to revenue ratios stood at 11.75% and 8.67% in the six- month period ended June 30, 2019 and the six-month period ended June 30, 2020; this decrease was

prepared the production of B100 to follow the new standard of Monoglyceride content not exceeding 0.4%. Together with ability to efficiently manage raw material cost, gross profit was improved from the

foreign exchange (623.03) 38.03 (661.06) (1,738.3) Profit attributable to owner of the Company 1,360.82 1,741.26 (380.44) (21.8) Profit attributable to owner of the Company before Fx 1,983.85 1,703.23

: +662 661 6664 Indorama Ventures 2nd Quarter 2020 MD&A 1 Executive Summary 2Q 2020 Financial Results • IVL achieved a core EBITDA of US$305M and an operating cash flow of US$300M. Core net profit grew to

the year ended February 28, 2019 which were audited by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The Company has net profit attributed to owners of the parent of 3,506 million baht, an

Company has other income for fiscal year 2022 amounted 3,277 million baht, 13.5% growth y-y. Details of each business can be described as follows: Profit and Loss Statement Unit : Million Baht Consolidated

) -45% 10% Profit attributable to owners of parent 1,168 (1,546) 214 -82% 114% Basic earnings per share (Baht) 0.85 (1.12) 0.16 Note: 1/ EBITDA from Refinery Business of the Company, BCP Trading Pte. Ltd