[COMPANY NAME] Ref: EFORL IR018/2020 27 March 2020 Subject: The Resolutions of the Board of Directors to postpone the 2020 Annual General Meeting of Shareholders and cancellation of the agenda item

resolved to approve a subsidiary to renew a hotel management advisor agreement to Mandarin Hotel (“the Hotels”) that is owned by The Mandarin Hotel Public Company Limited (“Mandarin”). This transaction is

October 2019, the Board of Directors meeting of LH Mall & Hotel Company Limited (“LHMH”), a subsidiary in which Land and Houses Public Company Limited (the “Company”) holds 99.99 per cent of the total share

, Sathorn Road, Bangkok, has resolved to approve a subsidiary to renew a hotel management advisor agreement to Mandarin Hotel (“the Hotels”) that is owned by The Mandarin Hotel Public Company Limited

by The Mandarin Hotel Public Company Limited (“Mandarin”). This transaction is classified as the connected transaction with the following details: The transaction date : After the approval from the

transaction is to have Vienna House Thailand, as joint venture company between VI and Absolute Services Company Limited, engage in hotel management services in Thailand. The details of the company are as follow

Company holds 100 percent of its total registered capital) Seller : arcona Management GmbH, which arcona Hotel Holding GmbH (a juristic person in Germany which Winter Vermogensverwaltungs GmbH holds 50.04

income in the first quarter of 2018 decreased by 4.13% from last year due to the Company rent hotel from the Real Estate Investment Trust while the same period last year the hotel was the Company’s assets

the hotel had affected the hotel revenues overall. For expenditures, the Company recorded cost of sales and services at Baht 275.3 million in Q1 2020, decreased by Baht 8.3 million or 2.9%. Operating

of Baht 125.68 million or 27.65 percent according to additional investment in solar power plant of 10.0 MW, biomass of 6.8 MW and wind power of 10.0 MW in 2016 - Hotel business that company has