result, the Company is required to disclose the information memorandum on entering into such transaction to the Stock Exchange of Thailand (the “SET”) and to send a circular letter to the shareholders of

Soi Ramintha 14, Ramintra Road , Tharang, Sub - District Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 2. An increase of 9.23% in cost of sales and services compared to the same period

Revenue from project works and services 336.70 364.47 (27.77) (7.62) Total Revenue from Sale and Services 1,025.86 1,018.36 7.50 0.74 Cost of sales of goods 489.49 456.91 32.58 7.13 Cost of project works

from project works and services 68.44 80.96 (12.52) (15.46) Total Revenue from Sale and Services 225.02 248.60 (23.58) (9.49) Cost of sales of goods 108.49 118.22 (9.73) (8.23) Cost of project works and

impacted by non-recurring items and higher financing cost. Following the adoption of Thai Financial Reporting Standard 15 (TFRS 15), CPN has amended the revenue and cost of food and beverages business

10 rooms Total 2-1-19 8 177 Reservations 135 rooms Empty 32 rooms Sold 96 rooms Reservations 55 rooms Empty 26 rooms Sold 108 rooms Reservations 51 rooms Empty 18 rooms 6. Approved to set the date for

allowance for inventories declining value of Baht 32 million, resulted from the Company’s new accounting policy of setting allowance for inventories declining value from recording expired product in full cost

. Details of the Company’s rental and services income compared to last year are as follows: (million baht) Quarter 3 rd /2017 Quarter 3 rd /2016 Rental and services income 809 665 Cost 634 445 Gross profit

% Insurance income 35.1 - 0.0% 67.7 - 0.0% Total Revenues 2,995.3 3,070.1 -2.4% 9,291.8 9,054.6 2.6% Cost of sales 1,861.0 2,150.2 -13.4% 6,019.8 6,343.8 -5.1% Cost of services 198.0 164.7 20.2% 575.2 442.7

วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 008/2020/EN 14 May 2020 Subject: Management Discussion and Analysis of the Company and its subsidiary for period ended 31 March 2020 To: The President of the