operations, and investments by holders of securities in the issuer, in a section headed "Risk Factors". The issuer is encouraged, but not required, to list the risk factors in the order of their priority to

statements comprise of the consolidated financial statements and the separate financial statements as compared with the financial statements for the same period in the year 2017 ended December 31, 2017. The

’ Meeting No. 6/2018, held on September 7, 2018 and details of which are disclosed in notes No. 11 of the Company’ s consolidated financial statements for nine months ended September 30, 2018, and the

Link Capital I and ACO I are private limited companies set up as special purpose vehicles for investments by SSG III. The SSG Group has decided to have Link Capital I make investments as a secured

domestic retail properties stood at 92%. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial Results: 2Q19 Major Events Performance Business Plan

Analysis (MD&A) Consolidated Financial Results: 3Q19 Major Events Performance Business Plan Document Quick Link Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 2 of 16

Company | www.shotelsresorts.com Page 4 of 9 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years

and the KPNL’s projects acquisition as explained above.      Net Profit In 3Q19, the Company had consolidated net profit of THB 38.1mn, an increase of THB 104.6mn or an increase of 157.3% YoY from net

company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years (year 2016-2019), the Company’ s consolidated total assets has grown at an

Page 4 of 9 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years (year 2016-2019), the Company