market value The market value assessed by an independent appraisal is THB 13.89 per share. The total market value is THB 30,560,000. As a consequence of that, the Company therefore considers the highest

transaction value. Therefore, the Company is not obligated to prepare a report and disclose the information memorandum on the entering into of the transaction with the Stock Exchange. Notwithstanding the

%, therefore is not subject to comply with the Acquisition and Disposal of Assets as stipulated in the Notification of the Stock Exchange of Thailand and the Notification of the Capital Market Supervisory

(-Translation-) Ref. No. U.SET 035/2018 September 13, 2018 Subject: Setting up a new subsidiary To: The President The Stock Exchange of Thailand U City Public Company Limited (the “Company”) would

Value per share adjusted by market value of property and investment in listed companies (Adjusted Book per share https://market.sec.or.th/public/idisc/Download?FILEID=dat/news/201710/17085351.pdf 17086886

the transaction size. Using the total value criteria of consideration According to the Notification of the Capital Market Supervisory Board No. ThorJor. 20/2551 regarding the criteria for making

paid criteria which is the criteria that gives the highest value, is equivalent to 0.00017 percent, which does not fall within criteria under the Notification of the Capital Market Supervisory Board No

in assessing the long-term value and performance of assets.Kingpai Koosakulnirund, Vice President, CFA Society Thailand said: “Thailand’s capital market has been advancing on the ESG front with the

$ +,". 1.3 #3!41E3"./''(.0 #!) 1'#%I 2. FX/Gold-linked ( 1 !4 # !.+,""'+3 S3 % 6' +6 ." +""'+3 S$ % $# !.&'(&+)""'+3 S3 % 6' +6 . !"'+3 S +,". 2 replacement cost . marked to market value ( !0 '!(+) + / 02

less than USD 10,000,000 or approximately THB 310,997,000 (calculated based on the exchange rate at THB 31.0997 to USD 1) which is not less than the book value. The Board of Directors also granted the