Adhyanasakul - _______________________ Mr. Chainid Adhyanasakul Chief Executive Officer m/set/weretail_bdm 5-60 related (eng).doc Encloser Page 1 Information Memorandum on a Connected Transaction of We Retail

Dusit Thani PLC Management Discussion and Analysis For 1Q19 P a g e | 1 Executive Summary In 1Q19, the Company reported net profit of THB 1 million, a decrease of 99.6% from the same period last year

the transaction : The Company or Subsidiary will receive the management fees from the property management of these projects. 2 Details of assets involved : 1. Centre Point Residence Phromphong : Service

comprised brokerage and registration fees for the transferred of assets right which responsible to pay by the Company, as the Seller. 4. Administrative expenses for the year 2019 was Baht 78.4 million

total assets amounted to Baht 1,816.96 million and Baht 1,751.26 million, respectively. Major assets were property, plant and equipment, cash and cash equivalents, and trade receivables. As of December 31

transaction: The transaction size is approximately THB 1,100 million, which is less than 15 per cent according to the acquisition and disposition of assets criteria. 3. Asset details 3.1 Business description

Company to recognize as deferred income tax assets with the income tax income in the previous accounting period and if the deficit is used to offset the profit in any period make record income tax expense

Exchange of Thailand and new hospital building. Statement of financial position As of 31 December 2016 and 31 December 2017; the Company’s total assets amounted to Baht 721.30 million and Baht 1,689.34

meet the Company’s expectation. For other revenues is Baht 68.45 million, consists of profits from the sales of assets in the amount of Baht 52.18 million and the sales of construction waste in the

. The transaction size is exceeding to 0.03 percent, but not exceeding to 3.00 percent of the Company’s Net Tangible Assets (NTA). Therefore, it is deemed as a connected transaction of which needed to be