SEC is holding a public hearing on the proposed amendments to the regulations governing REIT indirect investment. According to the current regulations relating to issuance and offer for sale

in the year 2017 caused from expense of bond issuance at Baht 3.89 million and allowance for doubtful account at Baht 2.52 million, however in year 2016 the reversal of doubtful account was Baht 9.79

2,231 2,817 126.28 Profit before Expense 336,244 108,327 227,917 210.40 Sale Expense (83,396) (11,762) 71,634 (609.00) Administrative Expense (131,143) (57,706) 73,437 (127.26) Directors and Executives

Company’s net profit for the year 2019 was 51.89% , decreased by 9.62%, an increase in cost of sales corresponding with the increase of sales revenue. And Product Mix and one-time expense for the year 2019 as

801 106 13% Cost of sales and services -789 -621 168 27% -682 -608 74 12% Gross Profit 248 235 13 5% 225 193 32 16% Other Income 5 0 5 1,701% 14 7 7 117% Selling expense -81 -70 11 16% -71 -61 10 17

December 2019 2. The parties involved : Borrower : Pan Asia Footwear Public Company Limited [PAF] Lender : Advantage Footwear Company Limited [AVF] Relationship : PAF holds direct and Indirect the 84.25

Ref.No.IVL005/11/2017 9 th November 2017 President The Stock Exchange of Thailand Subject: The Establishment of 3 New Indirect Subsidiary Companies in Portugal and in USA Indorama Ventures Public Company Limited

661 6664-5 www.indoramaventures.com Ref.No.IVL002/10/2018 11th October 2018 President The Stock Exchange of Thailand Subject: The Establishment of a New Indirect Subsidiary Company and Merger of

Ref.No.IVL008/02/2018 21 st February 2018 President The Stock Exchange of Thailand Subject: The Establishment of a New Indirect Subsidiary Company in Indonesia Indorama Ventures Public Company Limited (“IVL

, RATCH-Australia Corporation Limited (“RAC”) (an indirect subsidiary in which the Company holds 80 percent stake) has achieved its financial close and started the construction of Collinsville Solar Power