(Translation) NEP-AC 003/2561 8 November 2018 Subject : Management Discussion and Analysis for 3rd Quarter ended 30 September 2018 To : The President The Stock Exchange of Thailand Operating Result

would not result in the transaction being the connected transaction pursuant to the notifications on connected transaction. Details of the disposition are as follows: a. Disposition of assets in Pace

capital increase above, the Company’s shareholding in KTMS shall increase from 70.00 percent to 77.3 percent. The details of KTMS's shareholding structure are as follows: Shareholders Before capital

merged structure and details for the Company subsidiary’s merger project in Philippines which approved by EGM dated August 10, 2017 in consider to minimize potential tax risks derives in Philippines

No. CAZ 002/2019 26 February 2019 Subject: Management Discussion and Analysis Year ended 31 December 2018 Attention: The President The Stock Exchange of Thailand CAZ (Thailand) Public Company Limited

No. CAZ 1/2019 21st January 2019 Subject: Management Discussion and Analysis Quarter 3rd ending 30 September 2018 Attention: The President The Stock Exchange of Thailand CAZ (Thailand) Public Company

(Translation) NEP-AC 002/2563 14 May 2020 Subject: Management Discussion and Analysis for Q1 end of 31 March 2020 To : The President The Stock Exchange of Thailand Operating Result NEP Realty and

of Thailand Enclosure : 1. Financial Statements for the first quarter ended March 31,2020 2. Management Discussion and Analysis Nawarat Patanakarn Public Company Limited would like to submit Reviewed

AEONTS: Aeon Thana Sinsap (Thailand) Public Company Limited Management Discussion and Analysis For the Third Quarter and the 9-month period of 2024 ended November 30, 2024 AEON Thana Sinsap (Thailand

details of which may be summarized as follows: Global Asset Valuer Co., Ltd. (As of November 28, 2018) Agency for Real Estate Affairs Co., Ltd. (as of December 28, 2018) Land and buildings, including