หนังสือออกภายนอก (Thai) 1 หน้า (Translation) Ref. 10000400/ 245 /17 November 30, 2017 Subject Notification of connected transaction relating to assets or service for the purchase of land from PTT

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

heavy rains and floods in the northeast depressing demand for DIY home improvement categories where Thai Watsadu is traditionally strong. Central Retail Corporation Public Company Limited Page 6 III

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary CPN’s revenues continues to grow according to its business plan. In 1Q19, the Thai

; however, the appreciating Thai Baht led to loss from the foreign currency forward contract. However, from the appreciation of Thai Baht, BCPG has also recorded gain on foreign exchange of THB 72 million, as

Thai capital market. Part 2 Principles for Operation of Securities Clearing Houses and Central Securities Depositories 2 Clause 3 To encourage securities clearing houses and central securities

prospective overseas markets. On March 23, 2019, Central i-City was opened for soft launched and celebrated a grand opening on June 15, 2019, representing Thai identity in prime location which has a good

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 Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Management Discussion and Analysis The Thai economy is expected to gradually recover in line with COVID-19

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 18 Executive Summary Revenue and profit continue to grow primarily from strong rental business performance