allow the Company to benefit from economies of scale in some costs, such as shipping costs • Selling Expenses in 9M/2022 was THB 207 million, increased by THB 51 million or 33% from 9M/2021, corresponding

revenue and generate a sustain long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. • The major renovation at CentralWorld, has been started phase by phase since 4Q16

long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. Renovation programs of existing malls are under way and expects to be completed in 2019 comprising a

ที1เสนอขายต่างประเทศ ซึ1 งกาํหนดให้ตอ้งใช ้ international scale rating นัน ควรผอ่นผนัใหส้ามารถใช ้national scale ได ้ การแก้ไข/เพิมเติม สาํนกังานจะพิจารณาแกไ้ขร่างหลกัเกณฑ ์โดยใหต้ราสารดงักล่าวที1ใช

20T H ANNIVERSARY 1 Securities and Exchange Commission, Thailand Annual Report 2012 SEC ANNUAL REPORT 20122 THE YEAR OF CHANGE The year 2012 was the time for change to become the visionary partner whose balance between proactive and preventive approaches has led to stakeholders’ confidence in the Thai capital market. THE YEAR OF CHANGE 20T H ANNIVERSARY 1 02 MESSAGE FROM THE CHAiRMAN 04 MESSAGE FROM THE SECRETARY-GENERAl 06 SEC BOARd 09 CApiTAl MARkET SupERviSORY BOARd 12 ExECuTivE OFFiCERS 13 O...

amount of THB 3.55 million (2 installments). The remaining amount to be paid upon the Agreement is THB 5.33 million. Currently, hydraulic platform construction work has progressed to around 50 percent. 4

progressed 62.79% (The construction plan was 62.55%). The commercial operation date is scheduled in the second quarter of 2022. Page 3 1.2 Additional Investments in Joint Ventures - On September 25, 2019, EGCO

“Identify the most severe risks on a global scale over the next 10 years?” Source: World Economic Forum Global Risks Perception Survey 2021-2022 5 “What five risks will pose a critical threat to your country

% 6% 3,112 69% 4% 3,115 62% 2% Commercial Property Business Performance of commercial property business constitutes those of a 3,000-sqm NLA retail space ‘The Lighthouse’, a large-scale office complex

ขายและบริการมีการเติบโตข้ึน จึงท าใหเ้กิดการประหยดัต่อขนาด (Economy of Scale) การวเิคราะห์ฐานะการเงนิ สินทรัพย์ ณ วนัท่ี 31 ธนัวาคม 2560 และ 30 กนัยายน 2561 กลุ่มบริษทัฯ มีสินทรัพยร์วมเท่ากบั 1,588.9