manager Manager Senior Junior Expert in........ Expert in........ Total * The Audit Firm may adjust the details of its position structure by identifying each sublevel of position (if any). ** Specify the

Board of Directors Meeting No. 4/2017, the Board of Directors passed a resolution to adjust the principal business policy to real estate development. Later, the company expanded its property development

as a deposit for assets and machinery for share payment. Eco has use the deposit as capital injection. However, the agreement has been terminated on 24th May 2019. Eco has to adjust the transaction by

Purchaser also agreed to adjust the Enterprise Value by the amount of cash, interest-bearing liabilities and actual net working capital of the Targets as at the Completion Date under the terms and method

the COVID-19 outbreak result of crude premium to adjust downward with significance. Despite the finished product and reference crude price crack spread for most products had been declining continuously

SEGMENT BLENDED OFFICE PERFORMANCE METRICS NET FLOOR AREA (NFA) & OCCUPANCY RATE NEWLY RENOVATED UNDERWOOD STREET OFFICE Renovation of Underwood Street office building was completed in early February 2019

development). The acquisition was made by Vienna House Germany II GmbH, which is a subsidiary in which the Company indirectly holds 100 percent of shares. arcona Living Mannheim arcona Living Greifswald BLENDED

1Q 2018 MD&A (for the quarter ended 31 March 2018) 5 U CITY PCL 15 MAY 2018 OFFICE SEGMENT BLENDED OFFICE PERFORMANCE METRICS NET FLOOR AREA (NFA) & OCCUPANCY RATE UNDERWOOD STREET UNDER RENOVATION TST

MD&A (for the quarter ended 30 June 2018) 5 U CITY PCL 15 MAY 2018 OFFICE SEGMENT BLENDED OFFICE PERFORMANCE METRICS NET FLOOR AREA (NFA) & OCCUPANCY RATE TST TOWER & 33 GRACECHURCH FULLY OCCUPIED

of 638 keys (5 hotels). The increase was partially offset by the discontinuance in operations of the 1,421 keys (9 managed hotels). OFFICE SEGMENT BLENDED OFFICE PERFORMANCE METRICS NET FLOOR AREA (NFA