/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter

general at the appraised market value of 134.61 million baht due to if the Subsidiary will sell such machinery to other persons in order to get the price more than 55 million baht, it must take time to sell

represented the value mutually agreed between a subsidiary and an associate, in accordance with the debt restructuring and transfer agreement. Such value was appraised by an independent appraiser. However, in

list of valuer approved by the Office of the SEC. Also, the land price has already appraised on 19th February 2018 with the price of 83,000 Baht per SQ.WA, on the contrary, the Company will make a

accordance with the latest resolution of the committee on the appraisal price (notwithstanding that some of the appraisal price may have been appraised more than 3 years ago). 2 The actual cost of acquiring

% of the total units. Transfer the right of ownership and revenue will be recognized within 2017 (Within 31 May 2017) * The project value at completion was appraised by Sasirachada Co.,Ltd

U City Public Company Limited (Registration No. 0107537000459) 21 TST Tower Soi Choei Phuang, Viphavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand T: + 662 273 8838 F: + 662 273 8858 www.ucity.co.th Ref. No. U.SET 019/2017 October 30, 2017 Subject: Entire business transfer of Unicorn Enterprise Company Limited, capital increase, issuance of the U-W3 Warrants and U-W4 Warrants, issuance and offering of the newly issued preferred shares to be issued and offered to the existing shar...

Agreement, totaling THB 400,000,000 (at the par value of 0.69 per share). 2. The mortgage of Heavy Gauge Shearing Line machinery, having appraised value, as of 31 December 2013, at THB 544,370,000. 5

managed by ONE Asset Management Limited (the Company’s subsidiary), and an increase in the Company’s sales agent fees from sale of investment units. 1.3 Interest on margin loans The Company’s interest on

managed to reduce raw material costs due to cheaper sources of raw materials imported, but the cost of depreciation of new machines and cost of maintenance have increased. For the year of 2019, the cost of