Analysis (MD&A) Page 2 of 16 Major Events in 2018 The acquisition of GLAND, which has high potential assets, is an important step for CPN to become a leader in mixed-use projects The acquisition of shares in
leasable/salable area under CPN management as of 2Q 2019 Total CPN CPNREIT(1) CPNCG(2) Number of projects and net leasable/salable area under GLAND as of 2Q 2019 Total GLAND GLANDRT Central Pattana Public
Major Events in 3Q18 CPN is selected into the DJSI World and DJSI Emerging Markets Indices in 2018. The acquisition of GLAND, which has high potential assets, is an important step for CPN to become a
the acquisition Grand Canal Land Public Company Limited (“GLAND”) in September 2018. The comparison of financial performance for 1Q19 versus 4Q18 (QoQ) CPN reported increases in both operating and net
of projects and net leasable/salable area under CPN management as of 3Q 2019 Total CPN CPNREIT(1) CPNCG(2) Number of projects and net leasable/salable area under GLAND as of 3Q 2019 Total GLAND GLANDRT
Chiangmai Airport and CentralFestival Pattaya Beach ; 2) 1 hotel, namely Hilton Pattaya and 3) 2 office buildings under the management of GLAND, namely The Ninth Towers and Unilever House, the leasehold
property management fee income. The renewed service fee rate is the same as the rate of previous agreement. However, such service fee shall not include revenues from property assets in GLAND Office Leasehold
buildings), CentralPlaza Chiangmai Airport and CentralFestival Pattaya Beach ; 2) 1 hotel, namely Hilton Pattaya and 3) 2 office buildings under the management of GLAND, namely The Ninth Towers and Unilever