expenses of the Project. The Excavation 3 Soil and Coal Milling Project at Mae Moh Mine, Contract No.6, Mae Moh District, Lampang Province of the Electricity Generating Authority of Thailand operated by the

Pottery Pubiic Company Limited 1 19 Moo '15 T. Sobprab A. Sobpralr Lampang 52i 70 Thaiiand Tei : (-661 054-858996 Fax: r-661 054-2S6556 ',\"/rw. homep otteqr. ccm 12 fidu1Fr}.t 2560 i -f o v o ! -itf,o

Company Limited 1 19 Mco '15 T. Sobprab A. Sobprab Lampang 52170 Thalland Tel : i -66) 05"i-858996 Fax: ( 661 05!+-296556 !vrr1r'/. homepottery. com May 14,2018 Subject: Management Discussion and Analysis

Limited 1 19 IMoo 15 T. Sobprab A. SobDrab Lampang 52170 Thailand Tel : (=66) 054-858996 Fax: (-66) 054-296556 wv./w, homepottery.com 14 ?,lqlJn'lPrr.r 2561 i a' d oe -i dt?8'i t$q'ifinn1fa1[uu.:'11J6

Colrpany Limited I l9 Lilcc 15 T. Sobpralr A. Sobprab Lampang 52r70 Thailancl Tel : i 66) 05.+-3589SG Fax : r 661 05.+-296556 ,.'. .^. i..i anepotier).ccn 14 A{u1nil 2561 ci J^'[5o.r Tuqtzunnreonufru{rueiruf

REIT Management Company Limited has conclusion. The Company agrees to lease its assets 5 projects to CPNREIT namely Central Marina Project, CentralPlaza Lampang Project, CentralPlaza Surat Thani Project

negotiate and to conduct due diligence of the purpose of the acquisition of a 1 MW solar power plant of CR Solar Co., Ltd., located in Lampang province. At present, the due diligence process still has not

2016 and located in other provinces: Nakorn Panom, Mukdaharn, Nakorn Ratchsrima, Nakorn Sawan, Nakorn Sri Thammarat, Udon Thani, Lampang, Maha Sarakam, Chiang Rai, Ubonratchathani and Chiang Mai Total

been operated since year 2016 and located in other provinces: Nakorn Panom, Mukdaharn, Nakorn Ratchsrima, Nakorn Sawan, Nakorn Sri Thammarat, Udon Thani, Lampang, Maha Sarakam, Chiang Rai

A. Sobprab Lampang 521 70 Thaitand Tel : (,66) 05ii-858S96 Fax: (+86i 0&1-296556 www.homepottery.corn Please be informed accordingly. Best Regards, '"*" t*""ft}:mnanv Limited (Mr. Niran