addition, there was already main tenance major overhaul in Q4/2018. PPA Amortization Net Income consolidated 486 893 1,145 372 384 486 1,265 1,529 Q4/18 Q3/19 Q4/19 3,359 4,061 1,116 3,359 5,177 2018 2019

% -64.9 -49.6% Leasehold Rights and Buildings 1,284.4 53.3% 1,288.5 55.8% 4.1 0.3% Management Discussion and Analysis (MD&A) for 2019 Page 4/5 31 Dec 2018 31 Dec 2019 YoY Mio. % Mio. % Mio. % Deposit 132.5

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

1 (Translation) No. 51/2019/050 17 October 2019 Subject: The Lease of Assets to CPN Retail Growth Leasehold REIT (“CPNREIT”) To: The President, The Stock Exchange of Thailand Enclosure: Information

เอกสารรับฟังความคิดเห็น เลขที ่อจค. 44/2561 เร่ือง แนวทางการสร้างความเข้าใจเกีย่วกบัการลงทุนในกองทุน แบบ leasehold หรือสัญญาแบ่งรายได้ และการเปิดเผยข้อมูลผลตอบแทนของกองทุน/ทรัสต์ จัดท าโดย ส านักงาน

leasehold registration date with an incremental of not more than 10% every 3 years or equivalent to the maximum amount of Baht 47,812,275 payable in 30 years which aggregated to the total amount of Baht

and proposed to the shareholders’ meeting to approve a termination of leasehold rights on land under the title deeds no. 435 and 2847 located on Onnut–Ladkrabang Road,Ladkrabang Sub-district, Ladkrabang

Company and Prospect Logistics and Industrial Leasehold Real Estate Investment Trust (the “Trust”). The Trust manager is in the process of preparing documents to be submitted to The Securities and Exchange

Million THB, a decrease of 119.7 Million THB or 36.0% YoY. Because in 2017, the company recognized loss from goodwill impairment of 124.8 Million THB, trademark impairment of 12.1 Million THB, leasehold

2017, the Company recorded the profit from sale of Leasehold Right in the hotel in an amount of 2,080 million baht to the REIT. 5. Details of the revenue from sale are as follows: Type of product 2018