1 (Translation) No. 51/2019/050 17 October 2019 Subject: The Lease of Assets to CPN Retail Growth Leasehold REIT (“CPNREIT”) To: The President, The Stock Exchange of Thailand Enclosure: Information

DCORP 025/2020 May 13, 2020 Subject: Management Discussion and Analysis – Explanation of net profit for the quarter ended March 31, 2020 and the increase in the overall operations of more than 20 percent

promotional activities, along with its proactive business of Hinoya Curry shops from Japan and the recovery of Chinese tourists with a growth of 4 percent from that of the previous year. International sales

21.1% and export sales was 78.9% of total sales. Domestic sales decreased by 11.2%, mainly due to high competition in local market , while export sales increased by 26.0%, primary from sales growth in

debt collection facility. The company has determined that the office was able to support the growth of the Group's business as well as its personnel. and the rental and service rates are lower than

. However, the Private sector’s customer has continued growth, both from new customers and existing customers expanding the services. 2.2 Revenue from Contact Center Facility Outsourced decreased by THB 32.6

Company. The water utilities business in Vietnam will create the growth to the Company and expand the investment base to foreign countries to serve the business expansion of the Company in foreign countries

การเติบโตของรายได้ ประจ าจากการบริการรับช่วง (Organic growth) รายได้จากธุรกิจให้บริการด้านบริหารจดัการ บญัชีและการเงินลดลง จ านวน 4.77 ล้านบาท หรือคิดเป็นสดัสว่นร้อยละ 5.87 เป็นจ านวน 76.56 ล้านบาท

funds Raise a loan from financial institutions, the Company will use loan sources about 70% of the investment value in construction. 8. Expected Benefits 8.1 To generate revenue growth and the operating

arising from increasing ASEAN financial and economic integration • Increases the Bank exposure towards high growth markets • Enhances cross-border capabilities for Thai corporates in their increasing