structure categorized by business groups (Unit : Million Baht) Q3/2022 Q3/2023 Increase (Decrease) %YoY 9M2022 9M2023 Increase (Decrease) %YoY Amount % Amount % Amount % Amount % Retail Business 2,252.79

year 204.55 1.42% 183.00 1.35% (21.54) (10.53%) Branches upcountry 86% Bangkok and vicinity 14% Revenue structure categorized by business groups (Unit : Million Baht) 2022 2023 Increase (Decrease) %YoY

follows: Revenue structure categorized by business groups (Unit: Million Baht) Q1/2023 Q1/2024 Increase (Decrease) %YoY Amount % Amount % Retail Business 2,175.67 62.97% 2,406.90 67.47% 231.22 10.63

(NLA) of 1.6 mn sqm. 2Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) on 31 May 2017, the Board of Directors has

last year. KEY HIGHLIGHTS • Total revenue increased by 12.6%, mainly from increase in income from sale of real estate and other income. • Share of profit from associates and joint ventures increased by

1,639.9 763.2 87.0% Gross Profit Margin 36.1% 51.1% GPM before adjustment with PPA 49.3% 56.6% Income from sales of real estate during the year of 2017 stood at THB 3,210.8 mm, which increased by THB 785.3

purchase of real estate, allow the purchaser and the seller to reach agreement in many ways on such issues on a voluntary basis to the satisfaction of both parties. The opinions of the Independent Financial

%, compared to the same period of last year. As the Company recorded deferred revenue from selling assets to WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (“WHABT”) on 6 November 2015

preferred shares to Bangkok Bank Public Company Limited (BBL) at an offering price of THB 0.034, raising proceeds totaling THB 897mn 28 February 2018: VHE Bratislava Real Estate s.r.o., a wholly owned

used in its business operation of One Sukhumvit 59. The Company plan for the investment in the real estate development project of the hotel and serviced apartment. In this regard, such transaction