Company Limited 140/1 KHANJANAPISEK RD., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455- 2763 ( “TRANSLATION” ) No. TG 072 / 2561 30 March 2018 Subject Land purchased from the

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growth rate is referred to the value of use of the Internet from Media Agency Association of Thailand. In respect of 2023, the growth rate equals to 1.68 percent due to the inflation rate. The assumption

. The highest transaction value of such transaction equals to 8.19 percent based on a total value of consideration paid basis, disseminated through the Stock Exchange of Thailand (the “SET”)’s system on

4_MDA Year2019 EN -Translation- No. ECF2 007/2020 February 28, 2020 Subject: Management Discussion and Analysis of the year 2019 ended December 31, 2019 To President The Stock Exchange of Thailand

Thailand Tel. +66 2 118 5999 Fax. +66 2 118 9598 www.pacedev.com Registration No. 0107554000232 บมจ. เพซ ดีเวลลอปเมนท ์คอรป์อเรชัน่ 87/2 ซีอารซี ทาวเวอร ออลซีซั่นเพลส ชั้น 45 ยูนิต 4 ถนนวิทยุ แขวงลุมพินี

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