of 2017/18, we successfully added 8 new contracts to the office building portfolio. The performance of this business is expected to improve in the remaining quarters in line with the continuous

continued to expand and improve network quality with new 2600MHz spectrum and enhance 4G/5G network capacity to secure leading position. As a result, EBITDA (Pre-TFRS16) decreased -3.0%YoY, in line with FY20

guidance documents for determining the emissions upgrade requirement. For more information on the Climate Bonds Initiative and the Climate Bonds Standard & Certification Scheme, see https

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

by 3.4 mil. baht. - Total expenses increased 9% mainly due to: 1) Cost of rental and service was up by 2.6 mil. baht or 7% as depreciation expenses increased from investment to upgrade office buildings

consideration for the second half of the year and is still aiming for an upgrade performance in the new coming years. Please be informed accordingly Sincerely Yours, ----------------------------------- (Mr

Thailand, which entered into force on 16 June 2021. These amendments help to enhance flexibility for DR issuers and to increase investment options for investors. This initial collaboration between SGX and

March 2020 14 | P a g e Future Outlook Younique Customized Furniture 4.0 store upgrade instead of store expansion At the end of Q1/2020, the Company had 12 Younique Customized Furniture stores. To enhance

aspirations Indorama Ventures 2nd Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions and

3Q17, the forth- coming completion of the ethylene cracker in USA later this year and the expected doubling of IPA volumes in 2018 will further enhance IVL’s unique feedstock portfolio. The completion of