September 30, 2019 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For nine months ended September 30, 2019 Overall Group Performance

Discussion and Analysis (MD&A) Consolidated Financial Results: 1Q20 Major Events Performance Business Plan Document Quick Link Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A

14.66 Million Baht 421.90% because of, In 2018, the revenue increased from the same period of the previous year. The recognition of comprehensive income for the period increased proportionally. Please be

Company Limited in the proportion of 40% of the total ordinary shares. The company must therefore have revenue recognition. Into the financial statement Resulting in increased service revenue Which can

result of completed projects and new projects that have revenue recognition from its completion within this period. 2. Cost of construction increases in the amount of Baht 104.58 million or 95.66% when

million, increasing by Baht 166.07 million or 92.97% from the same previous period of Baht 178.62 million. Due to the full revenue recognition from the business obtained from Chilmatch Co.,Ltd. and its

period last year by approximately 1.34 Million Baht or 156.10% because of , revenue increased from the same period of last year, the recognition of comprehensive income for the period has increased

Baht a increase from the same period last year by approximately 3.39 Million Baht or 130.16% because of , in Q3/2018, revenue increased from the same period of last year, recognition of comprehensive

Million Baht a increase from the same period last year by approximately 1.51 Million Baht or 62.19% because of , the planned sale of revenue recognition. And more feedback from customers respectively

occur from several projects and backlogs of IGE and subsidiaries. The contracts of the projects have been postponed and made the revenue recognition is not on schedule. 2. Sales and Services increase from