Microsoft Word - GLOCON.012-2020 Clarification on the Company acquiring shares of Glocon ... GLOCON.012/2020 March 19th, 2020 Subject: Clarification on the Company acquiring shares of Glocon

Issued Preferred Shares to Specific Investors To: The President Stock Exchange of Thailand Enclosures: 1. Information Memorandum on the Asset Acquisition and Connected Transactions of U City Public Company

1,000,000 ordinary shares of ACC Green Energy Co., Ltd. (“ACC Green”)at par value Baht 10 per share and to repay the loan that ACC Green has to the company at the total price of 185,000,000 Baht to Mrs

appraised price of land owned by Mo Chit Land which was appraised by an independent appraiser approved by the Office of Securities and Exchange Commission. Shares Transfer Date : November 1, 2019 Payment

par value of preferred shares is 10 Indian Rupees per share 2.3. The management of the Company has appraised the share price of the Joint Venture Company by using the Discounted Cash Flow method (DCF

www.ucity.co.th Ref. No. U.SET 022/2017 November 16, 2017 Subject : Disposal of shares in a subsidiary and assignment of claim on its promissory notes To : The President The Stock Exchange of Thailand U City Public

ordinary shares of ACC Green Energy Co., Ltd. (“ACC Green”)at par value Baht 10 per share and to repay the loan that ACC Green has to the company at the total price of 185,000,000 Baht to Mrs. Pranna

: The Board of directors have an opinion that as the Company has the obligations; therefore, they considered that the fair value of the Common Shares which has been appraised by the financial advisor and

offering of the newly issued preferred shares to be issued and offered to the existing shareholders in proportion to their shareholdings and to specific investors, disposal of assets, and convening of the

Company offer for sale shares. 2) Fair Value – the share price which will be appraised by the financial advisor of the Company under the assumption to determine fair value of the Company’s shares In this