1%. • Progress of Corporate Income Tax penalty assessment from the Revenue Department GPSC has been assessed by the Revenue Department for the Corporate Income Tax in respect to 1999 and 2000 revenues

• Acquiring Glow Energy Public Company Limited or GLOW as a significant step of GPSC On 20th June 2018, GPSC had signed the share purchase agreement with Engie Global Developments B.V. to purchase 69.11% shares

and the operation that is working accordance to the plan, to increase the proportion of renewable energy of the company. Progress of the Solar Power Plant Product in Thailand As of 16 January 2020, the

progress reached 91%. The project is due to complete in 3Q19. • In February, the Company partnered-up with HKL (Thai Developments) Limited, a subsidiary of a global developer Hongkong Land Holdings Limited

from that of the same period of last year. Major Developments in 9M17 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the

last year. Due to an increase of revenues from the property management and cleaning services which was in line with the increase of successful ownership transfers from 4 completed developments and

certain office space at Singha Complex in 4Q17 performance. Major Developments in 1Q18 • Approved in the 2017 AGM, in February, S Hotels and Resorts (SC) Co., Ltd. (a 99% subsidiary) invested in Phase 1 of

the increase of successful ownership transfers completed developments and including incomes from deposits (of sold units) due to an increase of units that were unable to transfer within the company’s

for the four joint venture companies between CPN and DTC. CPN will gradually invest in accordance with the progress of project. The final shareholding proportion of CPN will be 40% in hotel, residence

  with the increase of successful ownership transfers from 9 completed developments and including additional incomes from (sold units) deposits due to an increase of units that were unable to transfer