Company is managing. 1.10 Notice on cessation of fund offering in Thailand In case of a merger or termination of a Hong Kong Covered Fund under HK-TH MRF in Hong Kong or the Hong Kong Covered Management

increase of the Approve the allocation of the Company’s newly issued ordinary shares to specific investors (Private However, the meeting empower the Executive Committee or the Managing Director to amend or

25% of such shares. Therefore, the Board of Directors and/or the Executive Committee and/or Managing Director and/or the person(s) who is authorized by the Board of Directors and/or the Executive

the same time. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 3 / 12 The conversion of CPNRF into CPNREIT marks another success in managing assets effectively to

downturn and normally performs ahead of the general GDP trend. As uncertainties lie ahead, the management focuses on mobilizing operational responses to protect revenue while managing cost to ensure

shall include managing director or equivalent which is called differently; “Market price” means price of equity instrument in securities exchange or price of debt instrument which was offered by Thai Bond

company and shall include managing director or equivalent which is called differently; “Market price” means price of equity instrument in securities exchange or price of debt instrument which was offered by

managing liquidity appropriate to the changing environment and in compliance with Bank of Thailand’s regulations on the Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR) requirements

(Record Date) on 20 January, 2020. Please be informed accordingly. Yours sincerely - SOMKIAT VONGSAROJANA - Mr. Somkiat Vongsarojana Managing Director Enclosure 1) The price was set in mediation agreement

areas including managing and controlling fixed and variable costs, monitoring company’s liquidity, managing any policy relating to employees and revising the short-term plan to ensure the least impact to