this report is true and complete in all respects. Sign................................... Authorized Director Sign...................................Authorized Director (Mr.Panya Boonyapiwat

’ meeting and the conditions precedent as set out in the shares purchase agreement share subscription agreement have been fulfilled of which it is expected to complete within 20 July 2018. In addition, the

it is expected to complete within 20 July 2018. In addition, the key conditions precedent can be summarized as follows: (1) FPI has obtained the approval for the entry into the transaction from the

is also proceeding according to plan, which was 25% complete by end December. We expect to finish construction of the international school by 1Q 2020. MANAGEMENT DISCUSSION & ANALYSIS 2018 14 FEB 2019

of 5.6% YoY. Major Company Events in 2017 New Shopping Malls in 2017 consists of 2 locations, namely CentralPlaza Nakhon Ratchasima and CentralPlaza Mahachai, as the Center of Life with complete and

additional investment in order to complete the power plant for Baht 152.42 million for Pracharath Biomass Maelan Co., Ltd. and Baht 150.42 million for Pracharath Biomass Bannangsata Co., Ltd. However, Eco

strategy, namely “Complete Set of Beauty, Entirely Filled with Diamond Brand”, through every distribution channel, as well as continuous expansion of sales and marketing base in both domestic and overseas to

second half of 2019. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 12 of 12 Table 5: Progress of Future Projects Now >> Project Area Complete by Retail Properties

certifies that all information contained in this Information Memorandum is true, complete and accurate in all respects. Please be informed accordingly. Yours sincerely, (Mr. Somchai Meesen) Chief Executive

Results The slowdown in Country’s economic conditions has persisted. Nonetheless, the Corporate Group still adheres to its business strategy, namely “Complete Set of Beauty, Entirely Filled with Diamond