- Translation - 11 August 2017 Subject: Management’s Discussion and Analysis for the Operating Results of the Second Quarter of 2017 Attention: The President of the Stock Exchange of Thailand Exotic

www.ucity.co.th (-Translation-) Ref. No. U.SET 008/2019 April 10, 2019 Subject: Entering into the Share Sale and Purchase Agreement to dispose Ordinary Shares in a Subsidiary To: The President The Stock Exchange of

., Ltd. 14) Bangkok Air Catering Don Mueang Co., Ltd Airline Operating Data Unit January-March 2020 2019 Scheduled passenger revenues (1) Million Baht 4,442.9 6,015.1 Domestic 3,070.9 3,897.3 International

below; Fleet Type As of 30 September 2019 As of 30 September 2018 Airbus A320 9 9 Airbus A319 16 15 ATR 72-500 2 6 ATR 72-600 13 9 Total 40 39 One Airbus A319 under operating lease were delivered in

2018 Airbus A320 9 9 Airbus A319 16 14 ATR 72-500 2 6 ATR 72-600 13 9 Total 40 38 5 ASIA’S BOUTIQUE AIRLINE Two Airbus A319 under operating lease were delivered in July 2018 and January 2019 respectively

Ratio (Time) 4.7 4.1 Collection Period (Day) 22.5 23.6 Stock Turnover Period (Day) 8.3 6.8 Payment Period (Day) 33.9 33.3 Profitability Ratio Gross Profit Margin (%) 15.0 12.2 Operating Profit Margin

= 1,000 Liters (6) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV Operating performance comparison between 4Q2019 vs. 4Q2018 In 4Q2019, the company recorded methyl ester

future projects. In terms of the progress on Delisting Tender Offer of GLOW, the process was completed on 2 December 2019 and GLOW has been delisted from being listed on the Stock Exchange of Thailand on

Page 1 of 4 GEL.CS.005/2561 27 February 2018 Subject Management Discussion and Financial Analysis for the operating results as at December 31, 2017 To Director and Manager The Stock Exchange of

AC2802/2018 February 28, 2018 Subject: Management Discussion and Analysis for Year2017 To: Managing Director The Stock Exchange of Thailand The company would like to report the operation results for