Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Executive summary The overall global economy was projected to slow down significantly due to the COVID-19

collection system, and pay Project management fee to AEON Systems at the amount of not more than 52,212,424 baht. Value of consideration: Unit: Baht Name, position and shareholding proportion of the connected

Ref. PDI/BK-BS-011/2019 25th February 2019 Re: Management Discussion and Analysis (MD&A) For the year ended December 31, 2018 To: President The Stock Exchange of Thailand Due to depletion of Mae Sod

: EIC-AD033/2019 13 August 2019 Subject: Management Discussion and Analysis for the Performance for Six-Month Period ended 30 June 2019 To: President The Stock Exchange of Thailand The Board of Directors

: EIC-AD033/2019 13 August 2019 Subject: Management Discussion and Analysis for the Performance for Six-Month Period ended 30 June 2019 (Added Information) To: President The Stock Exchange of Thailand The

Ref. PDI/BK-BS-056/2018 8th August 2018 Re: Management Discussion and Analysis (MD&A) For the 2Q 2018 and 1H 2018 To: President The Stock Exchange of Thailand Due to depletion of Mae Sod Mine’s

Ref. PDI/BK-BS-076/2018 7th November 2018 Re: Management Discussion and Analysis (MD&A) For the three-month and nine-month periods ended September 30, 2018 To: President The Stock Exchange of

President of AEONTS and the Non-Executive Director of AEON Systems The measurement of total transactions By measurement in percentage of the Company Net Tangible Assets (NTA), total transaction is 60.6

(Translation) Ref: EIC-AD043/2019 13 November 2019 Subject: Management Discussion and Analysis for the Performance for Nine-Month Period ended 30 September2019 To: President The Stock Exchange of Thailand The

Padaeng Industry Public Company Limited and its subsidiaries _______________________________________________________________ Management Discussion and Analysis (MD&A) For the three-month and six