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

. Most of CPN’s shopping mall maintained high level of occupancy rate given the short-term effect from mall under renovation. Including Central i-City, which was fully opened in June 2019, an average

” celebrated a grand opening on June 15, 2019. Central Phuket created a phenomenon of “The New World of Luxury” offering a World-Class Experience with high-end brands in the heart of Phuket. The grand opening of

, and shall be in the form of high quality assets with adequate liquidity. Securities clearing houses and central securities depositories shall establish clear plans to obtain additional sources of funds

first international retail property and the 33th shopping center for the Company. Located in a high potential area, Central i-City is part of the i-City Ultrapolis, one of the country’s largest mixed-use

“Central i-City” the first international shopping center Central Phuket celebrated an opening of “TRIBHUM” - the world’s first 3D walkthrough theme park, new luxury zone with high-end brands and “Aquaria

Expected opening Central Si Racha TBC 2021 In the process of reviewing the investment plan Expected opening Central Chanthaburi TBC 2022 Residential - High-rise Units Qtr/Year Domestic - BMA PHYLL PHAHOL 34

, especially those with high growth potential, such as Malaysia, Vietnam and Indonesia, to accommodate its sustainable growth aspiration. Retail Property Development Central Village CentralPlaza Ayutthaya

opening Central Chanthaburi TBC 2022 Residential - High-rise Units Qtr/Year Domestic - BMA PHYLL PHAHOL 34 358 4/2019 Pre-sales ~40% Transferred 27% Domestic - Provinces ESCENT NAKHONRATCHASIMA 380 3/2019

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary The Company effectively manages all businesses to mitigate the impact of COVID-19