Project One Co., Ltd. ("PP1") and Pace Project Three Co., Ltd. ("PP3") which are the Company's subsidiaries and the shares of which are held by the Company, directly and indirectly through Pace Real Estate

Group entered a sublet agreement of Hilton Pattaya Hotel with CPNREIT after the transfer of the asset into CPNREIT was completed. Revenue from sales Revenue from sales of real estate comprises the

for digital asset business operators • Licenses for the SET’s group (SET/TFEX/TCH/TSD) • Trustees for real estate investment trusts and trustees for trusts that have a policy to invest in infrastructure

the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories

Business: The Company is to record the revenue from sales of residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the

sales of real estate 1 1,056.58 1,493.92 (29.27%) Note 1 64% of the income from sales of real estate is recognized from residential condominium projects and 36% from single house projects. The details are

Page 1 of 17 (-Translation-) No.DO 004/2563 February 12, 2020 Subject: The Acquisition and Disposition of Assets to Real Estate Investment Trust of M.K. Real Estate Development Public Company Limited

5,353 56.9 9.6 Real Estate Development loan 3,772 38.5 12.3 3,942 41.9 13.6 SMEs loan 1,376 14.0 5.4 1,411 15.0 5.3 Corporate Lending 0 0.0 0.0 0 0.0 0.0 Special Asset Management loan 562 5.7 96.5 565 6.0

Lending 5,148 52.5 9.2 5,353 56.9 9.6 Real Estate Development loan 3,772 38.5 12.3 3,942 41.9 13.6 SMEs loan 1,376 14.0 5.4 1,411 15.0 5.3 Corporate Lending 0 0.0 0.0 0 0.0 0.0 Special Asset Management loan

Commercial Lending 4,775 48.6 7.5 5,016 52.5 8.2 Real Estate Development loan 3,203 32.6 9.3 3,394 35.5 10.7 SMEs loan 1,572 16.0 5.4 1,622 17.0 5.5 Corporate Lending 0 0.0 0.0 0 0.0 0.0 Special Asset