Management Discussion and Analysis For the 2nd Quarter 2021 ended August 31, 2021 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated reviewed

: Million Baht) Consolidated financial statements Q1’ 2020 Q1’2019 % Change Sales and Service Income 530 481 10 Other Revenue 6 3 200 Less Cost of Sales and Services 433 388 12 Selling and Administrative

reported its 2017 consolidated net profit at THB 13,568 mn, an increase of 46.8% from the same period in the previous year (YoY). Total revenues stood at THB 34,594 mn, an increase of 18.3% YoY. Excluding

, respectively. Currently, the project is in the process of Environmental Impact Assessment Report preparation. 1.2 Signing of Memorandum of Understanding – “District 9 Project: Digital Industrial Zones and

consolidated net profit of THB 5,983 mn, an increase of 155.4% from the same period of the previous year (YoY). Total revenue stood at THB 11,198 mn, an increase of 53.0% YoY. Excluding a non-recurring item

above-mentioned letters; and any further progress shall be informed to SET appropriately. From the aforesaid signings, HHC shall be entitled to operate “Wuttisak Clinic in the Zones as follows, totaling

Clinic in the Zones as follows, totaling to 25 Branches. Franchise period of each branch when HHC commenced the operation is 12 years (Agreement period 8 years and Automatic renewal 4 years as from the

and The Middle East zones by Baht 55 million or increased by 26%. In prior year, these zones are facing economic problems. Therefore, during the last year, the company delayed sales transaction to

East zones by Baht 121 million or increased by 31%. In prior year, these zones are facing economic problems. Therefore, during last year, the company delayed sales transaction to several customers in the

retail properties stood at 91%, slightly lower YoY due to the ongoing major renovation at CentralWorld. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated