management companies, investment unit brokerage companies; directors of the Thai BMA; directors of inter-dealer brokers (IDB); 2. Fund managers, derivatives fund managers, property fund managers

securities business in the category of investment management; “State agency” means central administration, regional administration, local administration, financial institutions development fund, Bureau of

develop securities business in the category of investment management; “State agency” means central administration, regional administration, local administration, financial institutions development fund

Exchange Commission No. SorNor. 29/2549 Re: Acts that may Create Conflict of Interest on Fund Management and Protective Rules By virtue of Section 98(7)(b) and Section 126(1) of the Securities and Exchange

/salable area under GLAND as of 1Q 2019 Total GLAND GLANDRT Number of projects and net leasable/salable area under CPN management as of 1Q 2019 Total CPN CPNREIT(1) CPNCG(2) Central Pattana Public Company

% 4% 25% 27% 2% Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2017 and FY2017 Revenue Q4/2017 VS Q3/2017 (QoQ) • In Q4/2017, Rayong Central Utilities Plant’s total revenue

Operating Results 1. Organizational structure and operation of the group of companies 3 2. Risk management 12 3. Business sustainability development 13 4. Management discussion and analysis (MD&A) 17 5

Classification : ใชภ้ายใน (Internal) Table of Contents Page Part 1: Business Operation and Operating Results 1. Organizational structure and operation of the group of companies 3 2. Risk management 12 3. Business

office” means a governmental office which is classified to be a part of central government under the Law on State Administration1. “significant shareholder” means a person holding shares of any

Securities and Exchange Commission No. Sor Nor. 87/2558 Re: Rules, Conditions, and Procedures for Management of Retail Funds, Mutual Funds for Accredited Investors, Mutual Funds for Institutional Funds, and