MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 14 AUG 2018 U CITY PCL 2Q 2018 MD&A (for the quarter ended 30 June 2018) 1 U CITY PCL 15 MAY 2018 2Q 2018 KEY FINANCIAL HIGHLIGHTS  Total revenue rose

value Baht 10 per share Shareholder structure before and after increase capital: Shareholder name Before capital increase After capital increase of 87,000,002 shares Total shares % Total shares Total

as follows: The entering into the Marketing Support Service Agreement between Dream Islands Development 2 Private Limited ("DID 2") (a subsidiary of the Company having 99.99 percent of total issued and

principle payable under the Loan Agreement, the company paid completely. 2 At the end of September 30, 2018, the total assets 2,087.89 Million Baht were increased 66.27 Million Baht compare with at the end of

change of operating performance of the company more than 20% as follow: Revenue Total Revenue of the Company and subsidiaries Total Revenue of the Company and subsidiaries the quarter ended September 30

to inform the operation results for the three-month period ended September 30, 2018 which had total turnover of Baht 359.51 million, decreased from Baht 362.68 million in the same period of the year

September 30, 2017 + (-) % Total revenue 38,459.00 32,924.00 16.81 Revenue from Sale 36,922.00 31,795.00 16.13 Cost of sales 21,227.00 19,933.00 6.49 GROSS PROFIT 15,695.00 11,862.00 32.31 Selling and

. Sales from dessert café 206.64 96% 191.94 97% 8% 606.44 97% 517.40 97% 17% 2. Catering/ OEM/ sale via head office 8.49 4% 3.13 2% 171% 14.09 2% 7.84 1% 80% Total sales 215.13 99% 195.07 99% 10% 620.53 99

- Total revenues amounted to 271.4 million baht, same as last year. Chemicals Business grew 4%, from 227.9 to 236.5 million baht. Other income increased from 2.8 million baht to 4.6 million baht attributed

Company in White Group Public Company Limited (“WG”), equivalent to 23.37 percent of the total issued and paid-up shares in WG at the price of not less than THB 180 per share, subject to terms and