7.0% Page 4 In the recent year, Thailand's power development plan for 2018 to 2037 (PDP 2018) was approved by the National Energy Policy Council (NEPC) on 24 January 2019 and by the cabinet on 30 April

(2004) dated 29 October 2004 (as amended) where the calculation of transaction size will be based on (1) the financial statements in which equity method is applied of the Company and the consolidated

consolidated financial statements of TSEO for the year ended 31 December 2017 as audited by the auditor and (2) the pro- forma consolidated financial statements of TSEO after the completion of restructuring

is applied of the Company and the consolidated financial statements of TSEO for the year ended 31 December 2017 as audited by the auditor and (2) the pro- forma consolidated financial statements of

progress and plan of the project; (b) if project is not on progress as expected, cause and solution as well as effect that REIT is affected or may be affected shall be specified; (3) specify details

transaction value, from the Consolidated Financial Statement of the Company for the period ending 30 September 2017 which was reviewed by the certified public accountant. In this regard, there were no other

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary CPN’s revenues continues to grow according to its business plan. In 1Q19, the Thai

/2017 period, Total Consolidated Revenues of Baht 4,854.8 million, an increase of Baht 137.0 million (or 2.9%) YoY, comprising of Total Hotels Business Revenues of Baht 2,093.9 million and Total Food

past three years and the latest quarter or such shorter period that the company has been in operation: Specify the information in the consolidated financial statements, with only key figures and

Plan. Notable endeavors included an added function for payment acceptance via QR code and more features for merchants, namely buyers’ purchase history shown in a sales summary report, UX/UI improvement