Central Retail Corporation Public Company Limited Page 1 20 February 2020 Re: Management Discussion and Analysis Operating results for the three-month and nine-month period ended September 30, 2019

select three arbitrators ranking in preference order and notify the Office, in writing, within fifteen days from the date of filing the statement of claim or the date on which the mediation of dispute is

list of the Office by the following methods: (1) the claimant shall select three arbitrators ranking in preference order and notify the Office, in writing, within fifteen days from the date of filing the

list of the Office by the following methods: (1) the claimant shall select three arbitrators ranking in preference order and notify the Office, in writing, within fifteen days from the date of filing the

MANAGEMENT DISCUSSION & ANALYSIS 1Q 2020 15 MAY 2020 U CITY PCL 1Q 2020 - MD&A (for three-month period ended 31 March 2020) 1 U CITY PCL 1Q 2020 KEY FINANCIAL HIGHLIGHTS • Total revenue increased by

entering into the transaction, which must be approved by the shareholders' meeting by not less than three- fourths of the total votes of the shareholders who attend the meeting and have the right to vote by

entering into the transaction, which must be approved by the shareholders' meeting by not less than three- fourths of the total votes of the shareholders who attend the meeting and have the right to vote by

MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 15 MAY 2019 U CITY PCL 1Q 2019 - MD&A (for three-month period ended 31 March 2019) 1 U CITY PCL 1Q 2019 KEY FINANCIAL HIGHLIGHTS • Total revenue increased by

MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 14 AUGUST 2019 U CITY PCL 2Q 2019 - MD&A (for three-month period ended 30 June 2019) 1 U CITY PCL 2Q 2019 KEY FINANCIAL HIGHLIGHTS • Total revenue increased

MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020 13 AUG 2020 U CITY PCL 2Q 2020 - MD&A (for three-month and six-month period ended 30 June 2020) 1 U CITY PCL 2Q 2020 KEY FINANCIAL HIGHLIGHTS • Total revenue