12 การแปลงสภาพ CPNRF เป็น REIT_E - Translation - No. 051/2017/040 21 July 2017 Subject: Information Memorandum regarding the Conversion of CPN Retail Growth Leasehold Property Fund into CPN Retail

agreement will be effective for three years from 1 January 2020 to 31 December 2022. The details are shown in the Enclosure. Your acknowledgment of this matter would be appreciated. Sincerely, -Ampawee

Company. The water utilities business in Vietnam will create the growth to the Company and expand the investment base to foreign countries to serve the business expansion of the Company in foreign countries

Phuket Project are high potential for business growth, and the expected return from the project is sound. Such investment conforms to CPN’s long-term business plan and would support CPN’s commercial

purchase agreement, share subscription agreement and any other documents and to have the power to perform any acts which are necessary and appropriate for the above matter. The transaction size of the

investment in the business of distribution and retail trade of natural gas will help creating growth to the Company and is in line the intention of the Company to be the service provider in the field of power

relating to the execution of the agreement in order to execute such transaction as it deems appropriate, and to take arrangements necessary and relating to such matter on behalf of the Company until

total number of the shareholders present at the meeting and having voting rights, excluding the votes of shareholders having an interest in the matter. The company is required to disclose the information

Company The Company foresees the growth potential of Nakhon Phanom province as well as its border that could be connected with nearby countries in the region including Laos, Vietnam and China, which such

the meeting and having voting rights, excluding the votes of shareholders having an interest in the matter. In this regard, The Board of Directors’ meeting of the Company no. 7/2018 on February 21, 2019