Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 1st Quarter 2018 Best Performance Since IPO  Core EBITDA of $326 million – 49% increase year-on-year  Core

basis  Attractive and accretive production pipeline heading into 2019 Indorama Ventures 2nd Quarter 2018 MD&A 2 2Q 2018 Summary Financials Table 1: Core Financials of Consolidated Business Quarterly Last

to February 2019. For fatty alcohols market, natural fatty alcohols was being more competitive to synthetic fatty alcohols due to its price attractive as CPKO price which is the feedstocks to produce

addition of 235,300 whereas prepaid base declined 522,500, many of which migrated to postpaid supported by attractive price plans for video streaming. AIS Fibre revenue was Bt886mn, +282% YoY and +20% QoQ

discontinued while overall data price gradually uplifted. As a result, AIS’s mobile revenue had a strong improvement, growing 5.3% YoY and 4.3% QoQ driven by ARPU increase. The average data usage, currently at

the parent) of Baht 258 million and earnings per share of Baht 0.13 for 1Q2018, an increase of 14% when compared to consolidated profits (attributable to equity holders of the parent) of Baht 226

Acquisition. To: The President The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets of Hydrotek Public Company Limited 2. Capital Increase Form (F 53-4) 3. Information

from sale for Q2/2018 ended June 30, 2018 of Baht 93.21 million, compare with the same period of previous year amount to Baht 85.15 million which increase Baht 8.06 million or 9.46%, which main result

decrease of 7% YoY and increase of 10% LTM 2Q19. Three of our five segments, namely Integrated PET, Fibers and Packaging, which constitute around 89% of capacity, contributed to 94% of the core EBITDA. The

years ending 31 December 2016 and 2017, total revenue increased from THB 2,181.9 Mn to THB 2,515.2 Mn respectively. This was an increase of THB 333.3 Mn or 15.3% and was mainly due to the increased