No. 2/2018 of Bangkok Dec-con Public Company Limited (the “Company” or “BKD”), which was convened on Feburary 22, 2018 resolved to approve the acquisition of the Project, Production and distribution of

, decreased by 4.79 million Baht or -0.77% compared to Q1/2019, as construction revenue under concession agreements were reduced. Net profit attributable to equity holders of the parent company of 314.48

)  In 6M/2020, the Company recorded tax expenses of Baht 11.7 million, decreased by Baht 1.4 million or 10.9% due to lower earnings before tax (EBT). 5.7 20.6 (8.8) 13.2 11.7 Q2/2019 Q1/2020 Q2/2020 6M

attributable to equity holders of the parent company of 1,044.79 million Baht, decreased by 72.73 million Baht or 6.51%. ง Income statement (Million Baht) For the three-month period Year 2019 Year 2018 YOY % Q4

of the parent company was 991.54 million Baht, decreased by 68.82 million Baht or 6.49% compared to the same period of 2016 Income statement (MB) Q3/2016 Q3/2017 YoY % 9M/2016 9M/2017 YoY % Total Sales

Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Q1’20 Consolidated Financial Results 12 May 2020 Q1’20 Management Discussion & Analysis Page 1/6 Financial Highlights

Management’s Discussion and Analysis For the Financial Results of Quarter 2 Year 2017 Ended June 30, 2017 1 ABBREVIATION ADB = Asian Development Bank COD = Commercial Operation Date EBITDA = Earnings

but no any dividend income booked in 2Q2020 iii) Baht 153.7 million of Loss from Exchange Rate mostly due to the loss of USD loan of subsidiary company of Baht 155.9 million iv) Baht 287.1 million

Group 5/ 44 36 (81) -284% -321% 270 24 -91% Others 6/ (76) (72) (61) (113) (190) Profit attributable to owners of the Company 1,060 1,007 1,856 75% 84% 4,137 4,009 -3% Basic earnings per share (Baht) 0.77

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 16 Executive Summary CPN’s total revenue and net profit continues to grow according to its business plan