MDA Q2_61 EN -Translation- No. ECF2 033/2018 August 15, 2018 Subject: Management Discussion and Analysis of the 2nd quarter ended June 30, 2018 To President The Stock Exchange of Thailand East Coast

East Coast Furnitech Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the separate and consolidated financial statements of the 3rd quarter ended

of area previously occupied by Central Department Store, shops are under decorating and continue to open; 2.) Central Festival Pattaya Beach, has completed the renovation of Food Park while an

Ratchadamri, Bangkok. In June 2020, the Company made one more management agreement to operate the deluxe Dusit Beach Resort Guam located in the U.S. territory of Guam while terminated one management agreement

, three projects are completed, namely, Lumpini Park Beach Cha-am 2, Lumpini Park Phetkasem 98 (C,D) and Lumpini Ville Ratburana-Riverview 2 with the combined value of 3,180 million THB. Moreover, Lumpini

projects in 2018, comprising 8 residential condominium projects i.e. Lumpini Park Beach Cha-am, Lumpini Park Petchakasem 98 (Building C-D), Lumpini Ville Rasburana-Riverview 2, Lumpini Ville Pranangklao

: Ibis Styles Chiangmai Hotel invested by Premium Foods Co., Ltd. and Novotel Chumporn Beach & Golf invested by Thai Flavour and Fragrance Co., Ltd. Operation Results Statement of Comprehensive Income (MB

Chiangmai Hotel invested by Premium Foods Co., Ltd. and Novotel Chumporn Beach & Golf invested by Thai Flavour and Fragrance Co., Ltd. Operation Results Statement of Comprehensive Income (MB) 2018 2019 MB

, namely, Lumpini Park Beach Cha-am 2, Lumpini Suite Din daeng-Ratchaprarop and The Selected Kaset-Ngamwongwan by L.P.N. with the combined value of 3,150 million THB. Therefore, during the first half of 2017

, LOUIS VUITTON and VERSACE, fulfilling high-end and tourist customers. Making Phuket to be the perfect ‘Beach Lifestyle Destination’ integrating tourism, luxury and relaxation under the concept of “The