Revenue 188 264 40% 620 938 51% Cost of Sales (76) (98) 29% (265) (346) 31% Gross Profit 112 166 48% 355 592 67% Other income 3 6 100% 8 15 88% Selling and Distribution Expenses (57) (82) 44% (213) (289) 36

the six months ending June 30, 2019 minus the September 2019 dividend payment, the total capital adequacy ratio, the Common Equity Tier 1 capital adequacy ratio and the Tier 1 capital adequacy ratio of

dividend income and gains on tradings and foreign exchange transactions increased. Operating expenses rose by Baht 782 million from higher premises and equipment expenses. Impairment loss of loans and debt

-interest income fell by Baht 2,346 million or 17.2 percent due to lower dividend income, gains on investments, and net fees and service income, partly due to lower fees from loan-related services

227 mn was recognized in administrative expenses Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 6 of 16 • Tax on GLANDRT dividend received amount THB 62 mn, the

income includes net fees and service income, gains (losses) on financial instruments measured at fair value through profit or loss, gains on investments, dividend income and other operating incomes. In the

227 mn was recognized in administrative expenses Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 6 of 15 • Tax on GLANDRT dividend received amount THB 62 mn, the

dividend income, while net fees and service income increased, mainly due to an increase in fees from securities business. Operating expenses decreased by Baht 1,429 million or 10.1 percent due to seasonality

แบบแสดงรายการขอมูลการเสนอขายตราสารหน้ี (รายครั้ง) (แบบ 69-DEBT-PO-GOV.AGENCY) บริษัท........... (ช่ือไทย/อังกฤษของผูเสนอขายตราสารหน้ี) ............. เสนอขาย ......................................................................................................................... ......................................................................................................................... ....................................................................................................

. Procuring of loan policy 12. Return distribution policy and restrictions 13. Financial status and operating results of REIT 14. Future investment policy 15. Other relevant information Part 3: Information on