the Board of Directors. 2) Started construction of “Hotel Kitch”, a new lifestyle hotel on Charoen Nakhorn Rd., in front of the River condominium. December 1) Issued unsubordinated unsecured debentures

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Performance Overview Revenues and profits grew solidly. 2 new shopping malls: CentralPlaza Nakhon Ratchasima and

approximately 1.6 mn sqm. due to the opening of 2 new shopping malls in November 2017, which are CentralPlaza Nakhon Ratchasima and CentralPlaza Mahachai. At the end of 1Q18, the average occupancy rate for CPN’s

properties was THB 1,636 per sqm/month. Excluding new malls launched in 2016, CentralPlaza Nakhon Si Thammarat, and asset enhancement projects in 2Q16 and 2Q17 i.e. CentralPlaza Pinklao, CentralMarina

malls with the net leasable area (NLA) of approximately 1.7 mn sqm., a YoY increase from approximately 1.6 mn sqm. due to the opening of 2 new shopping malls in 2017, which are CentralPlaza Nakhon

was THB 1,630 per sqm/month. Excluding new malls launched in 2016, namely CentralPlaza Nakhon Si Thammarat, and asset enhancement projects in 3Q16 and 3Q17 i.e., CentralMarina, CentralPlaza Rama 3, and

Document Quick Link Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 2 of 14 Major Events in 2Q19 New Retail Development to Become the “Center of Life” “Central i-City

“Central i-City”, CPN’s first international retail property and its 33th shopping center, was opened for soft launch on March 23, 2019. The soft opening of Central i-City on March 23, 2019, which is the

., a YoY increase from approximately 1.6 mn sqm. due to the opening of 2 new shopping malls in 2017, which are CentralPlaza Nakhon Ratchasima and CentralPlaza Mahachai, and 1 new mall in 2018, namely

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