and 33.105 THB/USD according to Bloomberg Markets as of 8 November 2017. Actual value may change depending on the exchange rate being effected as of the transaction date 4 2. Comparison of Net Profits

2017. Actual value may change depending on the exchange rate being effected as of the transaction date 4 (Baht in million) value 1/ 2/ 3/ 2. Comparison of Net Profits = Net Profits by shareholding

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

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

value in the company x disposed or acquired portion) x 100 )/(NTA of the registered company) = ((187.78 x 90) x 100)/375.24 = 45.04% Net Profits from Usual Operation = Cannot be calculated, as the

70.6 MB. -2- The change in net profit in 2023 is consistent with the change in revenue when compared to 2022. However, in 2023, the profits decreased by 7. 0% , while total revenue decreased by 3. 1

Expenses 94.81 174.68 196.77 Selling Expense (18.34) (29.70) (34.16) Administrative Expense (55.25) (66.00) (60.45) Total Expenses (73.59) (95.70) (94.61) Earnings before Finance Costs 21.22 78.98 102.16

percent of the total shares of NEXT, from the Seller. The Company shall pay for the share acquisition upon a condition that the payment amount is varied according to the calculation from the earnings before

earnings before interest and taxes (EBIT) based on NEXT’s operating performance reported in the audited financial statements for the year ended December 31, 2 0 2 0 (the “Financial Statement”), and the

the same period a year earlier, on lower debt balance and increase in retained earnings. Table 2: Summary of Profit & Loss Statement 1Q 4Q 1Q YoY QoQ 2017 2017 2018 Revenue from rent and services 6,530