1. Enterprise value enhancement for global leadership Uday Gill Fibers business

2. Business value enhancement– the next phase Continued focus on sustainable and profitable growth Cross Multiply Innovation Global Supply Partnerships Operational Excellence Engaged and Empowered People Current Value Structure 20102013 Volume KT 279 875 Revenue $M 381 1,370 Target Value Structure 2018 Volume KT1,968 Revenue $M 3,818 Enhancement Process 2014 - 2018 Regulatory / Industry moves Multiple 2013 2.2x 2.8x Target Acquisitions/investments

3. Our path to growth and globalization Highly diversified global portfolio 279 415 875 REVENUE $ mn 381 766 1,370 CAGR % (2010 – 2013) Volume44 Revenue58 HVA Focus Brownfiled Expansion 1,211 2,404 Volume KT 2009 - 2010 2010 - 2011 2011 - 2013 2013 - 2014 Timeline

4. Synergistic portfolio of industry leading brands Global Airbag Yarn leader Globally #1 Bi-Co Fibers Europe #1 Specialty Fibers Europe #1 Recycle Fibers Procure- ment Customer Intimacy Asset Utilization R&D Focus

5. Leveraged western IP and market access to swing Asian assets to HVA Asian assets to help western units regain lost markets Planned AssetsNew Assets Asia 2010 Asia 2018 European and North American business mix Volume 256 KT Volume 909 KT

6. Business model enhances IVL brand premium ( 2013 ) 1. Based on IVL all units price for standard grades of commodity products Source: IVL analysis $/MT Brand Value Fixed Cost Raw Material Specialty EBITDA Premium ICIS commodity price Variable Cost Specialty price premium

7. Continued focus on operational excellence Reducing operating cost and increasing operational efficiency Operational Excellence Savings ($ K) Major Initiatives Utilization Improvement Capacity utilization > 90% Efficiency Improvement Savings 2009-13 $ 13.6 mn Energy Saving Savings 2009-13$ 11.1 mn RM and Procurement Initiatives Savings 2009-13$4.5 mn Significant cost reduction from process improvement initiatives Note: Savings under major initiatives total from 2009 - 2013

8. Cumulative return on acquisitions less than 5 years 5 Years Note: Doesn't’t include IPI assets,which are already paid back and IPCI

9. Mega trends – changing demographics Growing World Population Increasing Affluence and Urbanization 7.6 billion people will live on earth by 2018 55% of world’s population will live in cities by 2018 Apparel and Home Sports and active wear 2018 48.3 mn tons 2013 37.4 mn tons Medical and hygiene segment 2018 3.0 mn tons 2013 2.3 mn tons Technical Segment Filtration/ Industrial 2018 27.5 mn tons 2013 20.2 mn tons Sub Trends Opportunity IVL Focus 2018 833 KT 2013 443 KT 2018 301 KT 2013 224 KT 2018 359 KT 2013 208 KT CAGR 5.3% CAGR 5.7% CAGR 6.5% Lifestyle Changes CAGR 13% CAGR 6% CAGR 11% Note: All fibers excluding cotton and wool

10. Man made fibers growth led by technical textiles Industrial, Automotive and Hygiene segment to grow at higher rate 2013 59.9 mn tons 2018 78.8 mn tons Note: All fibers excluding cotton and wool 4.9% 5.9% 5.3% 5.7% 6.5% Mn tons CAGR 2013 - 2018

11. IVL focus – HVA segments Growth Rate Segment Attractiveness Construction 3 mn tons Industrial 2.6 mn tons Medical and Hygiene 2.7 mn tons Automotive 3.7 mn tons Sports 1.5 mn tons Geo Textiles 0.5 mn tons Safety 0.4 mn tons Packaging 4 mn tons Home 13 mn tons 8% 4% Apparel 24 mn tons Technical Clothing 1.5 mn tons Agriculture 2.2 mn tons

12. IVL strategic growth in target segments Leveraging regional capabilities and competitiveness 2013 875 KT KT 11% 19% 31% 6% CAGR 2013 – 2018 12% 2018 1,493 KT

13. The competition we respect IVL better positioned from cost of production, access to specialty know how and global presence Some of IVL’s competitors have preferential trade agreements in their favor IVL is actively working on acquiring position in countries with preferential trade benefits

14. Project pipeline focused on diversified technical segments Unbeatable product portfolio for Competitive Advantage 2013 Budgeted Growth Potential Growth 2018 Volume (KT) 875 1,493 475 1,968 Revenue ($ mn) 1,370 2,970 855 3,818 Revenue Growth ($ M)

15. Thank You