in line with government orders and decrees related to COVID-19. The Company as well received notification from CAAT to temporarily suspend all flight operations since 7 April 2020. In mid of May 2020

Management and Risk Factors 7 2.1 Credit Risk Management 7 2.2 Market Risk Management 7 2.3 Liquidity Risk Management 8 2.4 Cyber Risk Management 8 3. Business Directions and Operations of Core Businesses 9

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...

buildings, each have 2-3 stories, comprising 86 rooms, including swimming pools and utility space, totaling 14,562 square metres. For the fiscal year ended March 31, 2017, the average occupancy rate was 78.7

Management and Risk Factors 5 2.1 Credit Risk Management 5 2.2 Market Risk Management 5 2.3 Liquidity Risk Management 5 3. Business Directions and Operations of Core Businesses 7 3.1 Sustainable Development

-1- AIT (VP-SEC) 013E/2018 May 8, 2018 Subject: Management's Discussion and Analysis of Operating Results for Q1-2018 To: The President of The Stock Exchange of Thailand Summary of Operations Q3

operations Overview of the retail industry in 2019, the growth rate was not very high at approximately 2.6 percent resulting from consumer buying power was slow due to economic conditions. In which the Company

AIT (SVP-SEC) 015E/2016 May 9, 2017 Subject: Management's Discussion and Analysis of Operating Results for Q-2016 To: The President of The Stock Exchange of Thailand Summary of Operations Q1- 2016

-1- AIT (AVP-SEC) 023E/2017 10 August, 2017 Subject: Management's Discussion and Analysis of Operating Results for Q2-2017 To: The President of The Stock Exchange of Thailand Summary of Operations Q2

-1- AIT (VP-SEC) 026E/2017 7 November, 2017 Subject: Management's Discussion and Analysis of Operating Results for Q3-2017 To: The President of The Stock Exchange of Thailand Summary of Operations Q3