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February 28,2020 Re: Clarification of the operating results of company and its subsidiaries for the year ended as at December 31, 2019 To: President The Stock Exchange of Thailand K.C. Property

, significantly increasing from the same period last year due to higher operating EBITDA, as a result of hotel business expansion and gain from exchange rates • Reported net profit of THB 393mn (compared to a net

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Exchange of Thailand PACE Development Corporation Public Company Limited (“the Company”) would like to report the operating results for the three-month period ended 30 June 2019. The details are as follows

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Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 30 June 2018 As the Golden Lime Public Company Limited (“the Company”) has submitted the Review report on the Consolidated