Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary CPN’s revenues continues to grow according to its business plan. In 1Q19, the Thai

1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the 2020 Annual General Meeting of Shareholders To: Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corpor...

(NESDB) forecasted Thailand’s economy to expand in the range of 3.50% to 4.50% (Mean 4.00%), lower than the expansion of 4.20% in 2018. A lower projection is mainly resulted from the uncertainty of trade

developed customer- relation management process to systematically and thoroughly identify, analyze and develop marketing strategies over approximately 220,000 shops nationwide domestically with 31

The management has strongly set its goal to grow sustainably. We would like to present the progress of the following projects; 1. Investment in online live streaming business The Company, through

months of the year 2019 ended September 30, 2019 The management has strongly set its goal to grow sustainably. We would like to present the progress of the following projects; 1. Investment in online live

(Sansaeb) District, Bangkok, with total area of 16-2-29 rai, whereby the Company planned to develop the Metro East Town Project (“Project MET”). The Company will receive compensation from the termination of

Fax: 02-455-2763 Notifications"). In addition, Takuni Land will develop the land into residential project for sales. Calculating the size of transaction according to financial statement of the Company

income in the future. 8.2 The Company anticipates that the project will expand and increase its business opportunities, as well as enhance its competitiveness. 8.3 After the completion of the projects, the

apartments and offices for rent in order that the Group will generate recurring income in the future. 8.2 The Company anticipates that the project will expand and increase its business opportunities, as well