obtained right to develop natural gas distribution and retail projects in six Hemaraj industrial estates, starting with the WHA Eastern Seaboard NGD 2 project, scheduled to operate by 3Q2018. PERFORMANCE BY

locals and foreign tourists. Investment Diversification to Generate New Revenue Stream CPN actively find opportunity for new potential investment driven its business growth compatible with strengthen the

Generate New Revenue Stream “Common Ground” launched its first co-working space in Thailand at G Tower located at Rama9, the new CBD area in Bangkok. CPN actively find opportunity for new potential

Public Company Limited 6 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2020 Net cash flows from investing activities has increased as we invest in our solar project due to come on-stream at

, based on average rate of commercial banks as published by Bank of Thailand on 7 August 2019). The share transfer was completed in end of October 2019  WHA Eastern Seaboard Industrial Estate 4 (WHANGD 4

rate of 0.0013 THB/VND, based on average rate of commercial banks as published by Bank of Thailand on 7 August 2019). The share transfer was completed in end of October 2019  WHA Eastern Seaboard

contracted steam capacity of 42 Ton/hour located in Eastern Seaboard Industrial Estate (“ESIE”), Pluakdaeng sub-district, Rayong province. Please be informed accordingly. Sincerely, (Mr.Wisate Chungwatana

year, is scheduled to achieve COD in 2Q2019 in WHA Eastern Seaboard Industrial Estate 3  Chonburi Clean Energy, an installed capacities of 8.6 MW Waste to Energy Power Plant, representing 2.9 Equity MW

network in the Eastern Seaboard area, its high profitability, and reliable cash flows. 5. Raw Water Business Raw water revenue in the first half of 2018 was 1,185.16 million Baht, decreased by 124.89

financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, its high profitability, and reliable cash flows. The Board of Director’s meeting No. 9/2561