[COMPANY NAME] Ref.: EFORL IR037/2020 September 11, 2020 Subject: Management Discussion and Analysis Quarter 2 Ending 30 June 2020 To President The Stock Exchange of Thailand 1. Overview financial

เลขที่ 50/2544/……… - Translation - No. 51/2020/002 10 January 2020 Subject: The Renewal of the Service Agreement with Harng Central Department Store Company Limited (The Connected Transaction) To

the core business according to the guidelines under (1) as well. If the holding company operates business of various types with a central company performing the role of managing subsidiaries or

Concerning the Disposition of Assets: Information regarding the Assets to lease With reference to the Board of Directors of Central Pattana Public Company Limited (“the Company”) in meeting No. 9/2019 held on

on Connected Transaction: Sub-leasing of Land, Leasing of Building and Purchasing of Related Property of the CentralFestival Phuket Project The Board of Directors of Central Pattana Public Company

reference to the Board of Directors of Central Pattana Public Company Limited in meeting No. 4/2018 held on 9 May 2018, the Board has passed the resolution to approve the purchase of 194,926,920 shares in

Equity Coverage Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 1 of 10 Performance Overview Growth continued both revenue and net profits, attributed to efficient

Equity Coverage Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 1 of 10 Performance Overview Continuous growth in both revenue and net profits, attributed to

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 14 Executive Summary CPN’s revenues continues to grow primarily from strong shopping mall performance

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 13 Executive Summary Revenue and net profit have growth according to the business plan In 2Q18, the Thai