., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 (“TRANSLATION”) TG 021/2563 February 27, 2020 Subject: Clarification of the Operating Result for the significant change Attention

Operated by For the three-month period ended 31 March % Change Increase (Decrease) 2017 2016 THB mm % THB mm % Sales 1. Sales from dessert café Company 153.94 97.56 137.01 98.75 12.36 2. Sales from catering

270.01 million, change in fair value of investments in securities held for trading THB 1.31 million and held-to-maturity investments THB 200 million. The Group has invested in short-term investment since

profit (loss) from investment in associated company In Q3/2017, Share of profit (loss) from investment in associated company was Baht 7.14 million compare with the same period of previous year amount to

traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see

half Consolidated financial statement ended 30th Sept ended 30th Sept July - Sept 2017 July - Sept 2017 Change % Change Apr - Sept 2017 Apr - Sept 2017 Change % Change Revenue from sales & service 927.44

, an increase of 5.2% YoY. 3Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) On 28 August 2017, the Unitholders

Sept ended 30th Sept July - Sept 2018 July - Sept 2017 Change % Change Apr - Sept 2018 Apr - Sept 2017 Change % Change Revenue from sales & service 844.39 927.44 -83.05 -9.0% 1,698.16 1,737.91 -39.75

30 June 2017, the Group had short-term investment of THB 471.32 million which consisted of investments in securities held for trading THB 270.01 million, change in fair value of investments in

and responsibilities of high-level management Chapter 2 Availability of competent personnel Chapter 3 Fund management operation system 3.1 Accepting of purchase or redemption orders of investment units