Equity Coverage Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 1 of 10 Performance Overview Continuous growth in both revenue and net profits, attributed to

Environment In 2Q23, Thailand's economy showed a further recovery from revived global tourism and hospitality-related sectors and a slightly improved private consumption as a reflection of tamed inflation

private consumption in almost every product category, in-line with the improving consumer confidence indicator, with the exception of some agricultural products whose prices remained at low levels, and last

increase of registered capital, the issuance and the allocation of the newly-issued shares to specific persons (Private Placement) and the convening of the Extraordinary General Meeting of Shareholders No. 1

of COVID-19 local infections since mid-December of last year. Economic activity improved in February as the outbreak was brought under control and external demand continued to recover. Private

limited partners cannot be disclosed to public as they are prohibited under confidentiality agreements. 3 Link Capital I and ACO I are private limited companies set up as special purpose vehicles for

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and

a private placement to CTBC at Baht 2.20 per share. Upon the completion of the transaction, the shares held by CTBC in the company will be equal to that of the aggregate shareholding of Land and

demonstrated a cautious growth from expansions of private consumption and tourism sector, while facing global and local economic headwinds and challenges from high interest rate environment. Overall, AIS

related person, with a large amount of overdue payments and continuous losses. In case the debtor will not be able to repay the debt, profit shown on the applicant?s result of operation may turn to loss. It