Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 3rd Quarter 2018 Milestone Revenues and Earnings, Structural Improvements, Enhanced Portfolio and Geographic Reach
/ Energy Drinks, Sport Drinks, and Functional Drinks 2/ Drinking Water, 3-in-1 Coffee and RTD Coffee Sales of branded products by own manufacture were THB 3,713 million, up by THB 446 million or 13.6%. The
enhanced monitoring of and engagement with the investee companies if monitoring pursuant to Principle 3 is considered insufficient. Principle 5: Have a clear policy on exercising voting rights and disclosure
issues related to corporate strategies, environmental, social and governance (ESG) factors of investee companies. Principle 4: Oversee asset managers to apply enhanced monitoring of and engagement with an
investment decisions and engage in active ongoing monitoring of investee companies. 4. Apply enhanced monitoring of and engagement with the investee companies if monitoring pursuant to (3) is considered
manufacture Low Melting Fiber (LMF), with an annual capacity of 60,000 tonnes. LMF is commonly used as a binder fiber in core-sheath constructions to produce HVA applications for automotive and industrial
, Structural Improvements, Enhanced Portfolio, New Investment Strategy In 2018: Revenue $10.7 billion, +27% YoY Core EBITDA of $1.4 billion, +44% YoY, Core EBITDA margin 13% Net Profit (after Tax/NCI) of
products by our own manufacture 1/ 1,431 1,290 (141) (9.9) Branded products by 3 rd party's manufacture 2/ 202 237 35 17.3 3 rd party's products for distribution 146 269 123 84.7 Domestic sales 1,778 1,795
domestically in March 2019 which has received a warm welcome from the retailers as well as younger consumers; therefore, strengthening the sales of branded products by own manufacture. Revenue from sales by
17 Amount % Branded products by our own manufacture 1/ 1,497 1,480 (17) (1.1%) 2,861 2,916 55 1.9% Branded products by 3rd party manufacture 2/ 33 230 197 n/m 52 432 380 n/m 3rd party products for