CITY PCL 3Q 2018 MD&A (for the quarter ended 30 September 2018) 7 U CITY PCL 15 MAY 2018 FINANCIAL POSITION Total assets as of 30 September 2018 stood at THB 54,361mn, an increase of 35.7% or THB

UE, which ws funded by a capital increase via issuance of preferred shares last quarter. The majority of assets acquired by EBT of UE was the BTS- Sansiri JV (Sansiri JV)  Net debt to equity ratio as

of current assets of Bt7,627 million; property, plant and equipment of Bt8,731 million net; intangible assets of Bt249 million; contract costs assets of Bt280 million: investment property of Bt161

. Current assets mainly increased from the increase of inventory of the Subsidiary Company. Non-current assets mainly decreased from depreciation. Cash and cash equivalent The Company and subsidiary has cash

7.5% 12.7% (million) 2019 2018 increase (decrease) 1.2 Report and analysis of financial positions million % Total assets 7,531.89 7,061.88 470.01 6.7 Interest-bearing debts 3,702.57 3,403.17 299.40 8.8

February 28,2020 Re: Clarification of the operating results of company and its subsidiaries for the year ended as at December 31, 2019 To: President The Stock Exchange of Thailand K.C. Property

of last year, but revenue from the property rental business increased from the same period of last year. Details are as follows: Second quarter (Unit: Million Baht) 2019 2018 Change Change (%) Sales of

0.52 0.77 -32.53% Financial Status As at December 31, 2017, the Company had total assets at 4,724.04 million baht, rose by 92.28 million baht comparing to September 30, 2017 mainly due to the increase in

536 (1.8) Consolidation goodwill 430 438 (1.9) Property, plant and equipment 9,045 8,177 10.6 Other assets 2,485 2,200 13.0 Tota Assets 49,518 48,201 2.7 Trade and other payables 11,816 11,801 0.1

Year 2015 increase (decrease) Million Baht % Million Baht % Million Baht % Revenue Revenue from property sales 708.62 82.67% 919.19 98.1% -210.57 -22.91% Other income 85.57 10.77% 17.60 1.9% 67.98 386.33