%, 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

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

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

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

Transaction : The asset acquisition value does not cause the Company to fall within the disclosure requirement under the Notification of the Capital Market Supervisory Board No. TorJor 20/2551 Please be

sectors in the capital market in operating with consideration for human rights throughout the value chain. This aligns with the United Nations Guiding Principles on Business and Human Rights (UNGPs) and