initiated Organizational Transformation project which emphasizes on increasing operational efficiency and work process whereby the Group CEO also assumes an additional role of Chief Transformation Officer

be initiated by relevant trade debtors. This will also enhance financial structures of the Company. The sale of Komchadluek Business and Trademark will reduce risks concerning loss since KMM has

commenced on the renovation phases since 4Q16. As of 1Q18, the occupancy rate stood at 82%, slightly lower than the end of last year at 84%. The partnership with IKEA reinforces CentralPlaza WestGate’s

-49% 512 -50 -1,124% Adjusted EBITDA Margin (%) 5.8% -3.0% 8.8% 7.8% -2.0% 7.0% -1.2% 8.2% Note : (1) The methyl ester plant 2 has commenced the commercial operation on April 5, 2019. Thus, the

commenced in 2018 and to be completed in 2019 comprises major renovations at 1.) CentralPlaza Chiangrai and Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 3 of 15 CPN

Phuket Festival and CentralPlaza Lardprao, have already commenced and will gradually be completed in 2019. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 14 of 15

already commenced commercial operation, separated into electricity generation of approximately 1,530 MW, steam of approximately 1,512 tons per hour, processed water of approximately 2,080 cubic meters per

cumulative market share between January - March 2019 was 15.6% (data from Department of Energy Business, Ministry of Energy), and 45 new service stations commenced operation compared to Q1/2019. 5. The Non

Baht from sale of assets that the Company can further utilize as debt repayment, which will relief risks from litigation to be initiated by relevant trade debtors. This will also enhance financial

the war veteran organization (PPA of 8.94 MW) commenced its commercial operation. 2. The solar power plant project in Japan recorded an increase in electricity sales from the same period of the previous