Management Discussion and Analysis for the 2st Quarter 2017 ended August 31 Management Discussion and Analysis for the 2 st Quarter 2017 ended August 31, 2017 AEON Thana Sinsap (Thailand) Public

Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Management Discussion and Analysis The Thai economy is expected to gradually recover in line with COVID-19

Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Executive summary The overall global economy was projected to slow down significantly due to the COVID-19

Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Management Discussion and Analysis Economic overview The tightening of COVID-19 containment measures in

growth of all businesses, effective cost management Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 8 of 10 resulted in improved gross profit margin, as well as 44% YoY

PowerPoint Presentation After You Public Company Limited Management Discussion & Analysis Q3/2019 Management Discussion & Analysis Q3/2019 Executive Summary Q3/2019 Key Financial Highlights 2 Overall

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

/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