contracts and gain from the disposal of ordinary shares in joint venture companies • EBITDA stood at THB 33mn (down 74.9% YoY) largely as a result of the increase in unrealised loss on exchange rate. EBITDA

in second quarter of 2019 onwards. Shares of Profits: A massive slump in shares of profits of associated companies by THB (72.95M) or (273%) lower from last year which was solely affected by loss in

661 6664-5 www.indoramaventures.com Ref.No.IVL001/10/2020 26th October 2020 President The Stock Exchange of Thailand Subject: Entering into a new Joint Venture Agreement with Toyobo Co., Ltd in Thailand

by the performance of Advance Power Conversion Company (APCON) whose projects had been postponed, as a result; a massive drop in 9 months period by (125.62%). Profit before tax: An increase of 6.40% in

the Group to expand its media offerings on a massive scale. MANAGEMENT DISCUSSION & ANALYSIS 2019 11 Feb 2020 MASTER AD PUBLIC COMPANY LIMITED 2 INTERNATIONAL MARKET – EXPANDING INTERNATIONALLY ACROSS

joint ventures and higher depreciation and finance costs due to the adoption of TFRS16 • Total assets as of 30 June 2020 stood at THB 64,158mn, increasing by 19.9% or THB 10,627mn from 31 December 2019

661 6664-5 www.indoramaventures.com Ref.No.IVL004/06/2018 19 th June 2018 President The Stock Exchange of Thailand Subject: Formation of Joint Venture in USA with Huvis Global Corporation Indorama

Q2/2018, compared with the same period of 2017, comes from the adjustment of the provision from liabilities in Joint Venture according to the Supreme Court judgment which has previously been recorded

661 6664-5 www.indoramaventures.com Ref.No.IVL005/12/2018 24th December 2018 President The Stock Exchange of Thailand Subject: Integrated PTA-PET assets at Corpus Christi Joint Venture Receives FTC

“Company”) would like to inform that the Board of Directors no.1/2020 held on 28 February 2020 has resolved to approve in principle on the joint investment in energy business in domestic and international