Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary The Company implemented proactive measures to timely manage the situation rapidly

power and authority to perform any acts relating to and/or in connection with the above allocation of the Company's newly issued ordinary shares as necessary and appropriate. 2. As such, for the

to manage the investment for the investor with honesty, due care and with the interest of client prior to the interest of it own. Nevertheless, the organisational structure shall be in line with the

company to manage the investment for the investor with honesty, due care and with the interest of client prior to the interest of it own. Nevertheless, the organisational structure shall be in line with the

of THB 39,000. After the acquisition, Master & More holds 100% of Open Play’ total shares. Open Play is a company that was granted the exclusive rights from PTT Public Company Limited to manage

investment to power the turnaround of U City’s business. We’re encouraging growth in our hotel portfolio through both renovation of existing hotels and new operating leases of hotels to ensure that we benefit

travel restrictions which affect the number of both Thai and foreign tourists. In addition, purchasing power of consumers is thoroughly affected and this negatively impacts private consumption, although

restrictions and faced 100% drop in foreign tourist numbers. Likewise, the export sector has been affected by declining demand from trading-partner countries. In addition, the purchasing power of consumers is

In order to manage raw material sourcing for the company and the subsidiaries, including proper cost of wood raw material, Particle Planner Company Limited (subsidiary) should then make an investment

management; “Connected person” means: (1) Ordinary partnership of which the fund supervisor or its directors, managers or persons with power of management who are responsible for the line of work relating to