world economic growth and the customer's sales growth. reviewQ419.xlsx MD&A 2019 24/02/2020 The groups sales revenue are in foreign currency (primarily USD) and USD currency costs are approximately 60

. Therefore, the company's performance is mostly affected by its ability to win and retain business from the existing and new customers. In turn, customer demand is affected by world economic growth and the

1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Management Discussion and Analysis Q1-2020 14 May 2020 KEY EVENT IN Q1-2020 After UWC announced a corporate and business strategy restructuring in

1 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Management Discussion and Analysis 2019 2 March 2020 KEY EVENT IN 2019 In 2019, UWC announced a corporate restructuring, which featured in changing in many

1 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Management Discussion and Analysis 2019 < Translation> 2 March 2020 KEY EVENT IN 2019 In 2019, UWC announced a corporate restructuring, which featured in

% YoY. The revenue comprised Billboard and Other revenue of THB 153mn, Street Furniture and Digital revenue of THB 108mn and System Integration Services revenue of THB 428mn. The revenue growth mainly

company was overwhelmingly supported by all brand partners who attended the event, resulting in a satisfactory cash flow throughout the event. In addition, the Company organized Asia Pacific E-Sport event

and grasp opportunities that each goal presents.Srettha Thavisin, Prime Minister and Minister of Finance, attended the event to share his expectations regarding sustainability in Thailand's business

" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two

to use the consideration receiving from the sale of such investment property to reserve for its expansion projects regarding the committed growth and sustained profitable on such investment to all