submitted the proposal of partnership model on 2300MHz to TOT, which is currently in the evaluation process of TOT. Market Environment in 1Q17 On mobile business, the operators continued to promote 4G data

for the third consecutive year from mid-November to early December. The performance of the Company and its subsidiaries continued to grow, recording total revenue and profit at baht 64,234.49 million

customer acquisition rose to 64,500 in the quarter, resulting in total subscribers of 795,000. Despite elevated price competition in operator- switching segment, the Power4Maxx, a fixed- mobile- content

MANAGEMENT DISCUSSION & ANALYSIS 3Q 2018 14 NOV 2018 U CITY PCL 3Q 2018 MD&A (for the quarter ended 30 September 2018) 1 U CITY PCL 15 MAY 2018 3Q 2018 KEY FINANCIAL HIGHLIGHTS  Total revenue rose

Bt117,244mn following the economic environment and competition, offset by the significant increase in subscriber base with a net addition of 2.68mn. The strong net additions were driven by our strong

2020, deposits grew at a higher rate than loans and, as a result, the ratio of loans to deposits declined from the end of last year. The ratio of non-performing loans (NPL) to total loans is likely to

and its subsidiaries’ operating results for the quarter ended June 30th, 2018 Unit: THB Million Q2/2017 Q1/2018 Q2/2018 YoY QoQ 6M2017 6M2018 YoY Total Revenue 42,828 44,226 45,558 6% 3% 86,823 89,783 3

Price (Bht./Ton) 18,529 16,348 HRC Cash Margin (Bht./Ton) 1,848 2,427 Unit: million Baht 2017 2016 Gr ou p Total Assets 32,437 32,615 Total Liabilities 20,059 21,747 Total Equity 1,364 10,868 Average

1,336 HRC Average Selling Price (Bht./Ton) 18,529 16,348 HRC Cash Margin (Bht./Ton) 1,848 2,427 Unit: million Baht 2017 2016 Gr ou p Total Assets 32,172 32,615 Total Liabilities 19,781 21,747 Total Equity

HRC Average Selling Price (Bht./Ton) 18,108 15,709 HRC Cash Margin (Bht./Ton) 1,223 1,334 Unit: million Baht 3rd Quarter 2017 Year-end 2016 Fin an ce S ta tu s Total Assets 31,907 32,615 Total