No: AH 02112024 November 12th, 2024 Subject: Management Discussion & Analysis (MD&A) for the Financial Statements of the 3rd Quarter of Fiscal Year 2024 Ended as of September 30th, 2024 To: The

1 Ref. No. IVL 006/11/2017 9 Nov 2017 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Reviewed Financial Statements and the Management Discussion and Analysis of

effective revenue generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential development, as well as efficient cost management. CPN currently

Management Public Company Limited (East Water). - EGCO holds 12.50% of the outstanding shares in Xayaburi Power Company Limited (Xayaburi). As of December 31, 2017, EGCO Group’s portfolio consists of 28

considered persons in the same group; (a) group of major shareholders with top 10 largest amounts of shares; (b) group of major shareholders who by behavior has influence over policy making management or

1 Ref. No. IVL 007/08/2017 9 Aug 2017 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Reviewed Financial Statements and the Management Discussion and Analysis of

cost management to its businesses. Furthermore, CPN is currently preparing to lease assets to CPN Retail Growth Leasehold REIT (CPNREIT) with 4 additional assets, as well as the extension of lease at

660 104% 91% 646 1,005 56% Adjusted EBITDA Margin (%) 6.7% 8.1% 13.7% 7.0% 5.5% 7.0% 11.1% 4.0% Note : (1) EPS is calculated from 1,023,666,700 shares (2) Adjusted EBITDA refers to EBITDA excluding

15. 03% and 15. 18% . Cost of sales can be broken down for turnkey business and for supply and maintenance of which mostly are materials, service / sub-contractors and project management costs. Cost of

capital investment in the amount of one hundred million baht or more; (n) a juristic person whose shareholders are the persons under (a) to (m) collectively holding shares in the amount exceeding seventy