(Translation) Pace Development Corporation Public Company Limited 87/2 CRC Tower, All Seasons Place 45th Fl., Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Thailand Tel. +66 2 654 3344 Fax

meeting of AEON Thana Sinsap (Thailand) Plc. No. 03/2020 held on March 10, 2020 had a resolution of the connected transaction as follows: Date of agreement: Company Date of agreement ACS Capital Corporation

: Date of agreement: Company Date of agreement ACS Capital Corporation Limited Agreement period is 1 year from Apr 1, 2019 to Mar 31, 2020. Contractual parties with AEON Thana Sinsap (Thailand) (“AEONTS

as of December 31, 2018, and the combining the value of asset acquisition during the past 6 months is equal to 1.35% 2. The disposition of ordinary shares of Bright Blue Water Corporation Ltd. (“BBW

, submitted a statement not to proceed with the case with regards to the 2nd defendant. บมจ.0107537002109 Page 6 of 15 บริษทั ดีมีเตอร ์คอรป์อเรชัน่ จ ำกดั (มหำชน) Demeter Corporation Public Company Limited เลข

Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Management Discussion and Analysis The Thai economy is expected to gradually recover in line with COVID-19

10 บมจ.0107537002109 Page 1 of 13 บริษทั ดีมีเตอร ์คอรป์อเรชัน่ จ ำกดั (มหำชน) Demeter Corporation Public Company Limited เลขท่ี 191/43 อำคำรซีทีไอ ทำวเวอร ์ชัน้ 21 ถนนรชัดำภิเษก แขวงคลองเตย เขต

บมจ.0107537002109 บริษทั ดีมีเตอร ์คอรป์อเรชัน่ จ ำกดั (มหำชน) Demeter Corporation Public Company Limited เลขท่ี 191/43 อำคำรซีทีไอ ทำวเวอร ์ชัน้ 21 ถนนรชัดำภิเษก แขวงคลองเตย เขตคลองเตย กรงุเทพฯ

Corporation or the Seller’s Subsidiaries (as the case may be) Relationship with the Company: None of the parties are considered to be a related person and are not connected persons under the Notification of the

, RH International (Singapore) Corporation Pte. Limited “RHIS”, a subsidiary, partially repurchased “US$300,000,000 3.5% notes due 2019”, that will be due in 2019, from investors overseas in aggregate