Reference is made to the Board of Directors Meeting No. 2/2023 of CPN REIT Management Company Limited (the "REIT Manager") as the REIT Manager of CPN Retail Growth Leasehold REIT ("CPNREIT") held on 11 May 2023. The meeting has passed the resolutions as follows: 1. Approved the distribution of returns for the performance period from 1 January to 31 March 2023 at the rate of THB 0.2470 per unit.

To determine the book closing date for the unitholders who are entitled to receive the distribution of returns which was scheduled to be on 25 May 2023, and the distribution payment date will be on 8 June 2023. Approved the distribution payment in the form of capital reduction to unitholders for the performance period from 1 January to 31 March 2023 at the rate of THB 0.0750 per unit which is in accordance with the Trust Deed, since CPNREIT has excess liquidity from non-cash expense items recorded in accordance with the financial reporting. To determine the book closing date for the unitholders who are entitled to receive the distribution payment in the form of capital reduction which was scheduled to be on 25 May 2023, and the distribution payment date will be on 8 June 2023.