growth plans Indorama Ventures 1st Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions

PUBLIC COMPANY LIMITED NOK AIRLINES PUBLIC COMPANY LIMITED NONTHAVEJ HOSPITAL PUBLIC COMPANY LIMITED NORTH EAST RUBBER PUBLIC COMPANY LIMITED NOVA ORGANIC PUBLIC COMPANY LIMITED NR INSTANT PRODUCE PUBLIC

PUBLIC COMPANY LIMITED NOK AIRLINES PUBLIC COMPANY LIMITED NONTHAVEJ HOSPITAL PUBLIC COMPANY LIMITED NORTH EAST RUBBER PUBLIC COMPANY LIMITED NOVA ORGANIC PUBLIC COMPANY LIMITED NR INSTANT PRODUCE PUBLIC

PUBLIC COMPANY LIMITED NOK AIRLINES PUBLIC COMPANY LIMITED NONTHAVEJ HOSPITAL PUBLIC COMPANY LIMITED NORTH EAST RUBBER PUBLIC COMPANY LIMITED NOVA ORGANIC PUBLIC COMPANY LIMITED NR INSTANT PRODUCE PUBLIC

PUBLIC COMPANY LIMITED NOK AIRLINES PUBLIC COMPANY LIMITED NONTHAVEJ HOSPITAL PUBLIC COMPANY LIMITED NORTH EAST RUBBER PUBLIC COMPANY LIMITED NOVA ORGANIC PUBLIC COMPANY LIMITED NR INSTANT PRODUCE PUBLIC

PUBLIC COMPANY LIMITED NOK AIRLINES PUBLIC COMPANY LIMITED NONTHAVEJ HOSPITAL PUBLIC COMPANY LIMITED NORTH EAST RUBBER PUBLIC COMPANY LIMITED NOVA ORGANIC PUBLIC COMPANY LIMITED NR INSTANT PRODUCE PUBLIC

PUBLIC COMPANY LIMITED NOK AIRLINES PUBLIC COMPANY LIMITED NONTHAVEJ HOSPITAL PUBLIC COMPANY LIMITED NORTH EAST RUBBER PUBLIC COMPANY LIMITED NOVA ORGANIC PUBLIC COMPANY LIMITED NR INSTANT PRODUCE PUBLIC

PUBLIC COMPANY LIMITED NOK AIRLINES PUBLIC COMPANY LIMITED NONTHAVEJ HOSPITAL PUBLIC COMPANY LIMITED NORTH EAST RUBBER PUBLIC COMPANY LIMITED NOVA ORGANIC PUBLIC COMPANY LIMITED NR INSTANT PRODUCE PUBLIC

PUBLIC COMPANY LIMITED NOK AIRLINES PUBLIC COMPANY LIMITED NONTHAVEJ HOSPITAL PUBLIC COMPANY LIMITED NORTH EAST RUBBER PUBLIC COMPANY LIMITED NOVA ORGANIC PUBLIC COMPANY LIMITED NR INSTANT PRODUCE PUBLIC

PUBLIC COMPANY LIMITED NOK AIRLINES PUBLIC COMPANY LIMITED NONTHAVEJ HOSPITAL PUBLIC COMPANY LIMITED NORTH EAST RUBBER PUBLIC COMPANY LIMITED NOVA ORGANIC PUBLIC COMPANY LIMITED NR INSTANT PRODUCE PUBLIC