1 - Translation – Bor.Chor.Ngor 0328/2017 September 26, 2017 Subject: Connected transaction : Renewal of a hotel management advisor agreement Attn : President The Stock Exchange of Thailand With

(Translation) CS 0297/2019 August 13, 2019 Subject: Connected transaction : Renewal of a hotel management advisor agreement Attn: President The Stock Exchange of Thailand With reference to the Board

October 2019, the Board of Directors meeting of LH Mall & Hotel Company Limited (“LHMH”), a subsidiary in which Land and Houses Public Company Limited (the “Company”) holds 99.99 per cent of the total share

hotel business, gain from sales of long-term investment, an increase in the share of profit from investment, and a decrease in depreciation and amortization. In 3Q18, Dusit Thani PLC (“the Company

Veranda Resort Public Company Limited Management Discussion & Analysis Q1/2020 Management Discussion & Analysis Q1/2020 Revenue Structure Hotel 45.3% Property development 46.4% Food and beverage 6.1

constituted of the following: 1) Revenue from the hotel business of Baht 626.8 million, which grew by Baht 413.4 million or 193.8% when compared to the same period of last year. The increase was mainly due to

33,079 (99.0%) Food and beverage revenue 2,768 89,137 (96.9%) Other revenues 25,475 55,671 (54.2%) Hotel income 28,580 177,887 (83.9%) Cost of sales and services 167,971 210,143 (20.1%) Operating expenses

27,639 148,080 (81.3%) Food and beverage revenue 132,311 207,457 (36.2%) Other revenues 66,090 87,643 (24.6%) Hotel income 226,040 443,180 (49.0%) Cost of sales and services 241,105 294,083 (18.0

on the back of the sale of investment in 1Q18 together with impact from the closure of Dusit Thani Bangkok hotel on 5 January 2019. Excluding these items, the Company should report net profit of around

152,513 (78.3%) Food and beverage revenue 89,137 174,164 (48.8%) Other revenues 55,671 72,147 (22.8%) Hotel income 177,887 398,824 (55.4%) Cost of sales and services 210,143 267,394 (21.4%) Operating