U City Public Company Limited announced that on January 6, 2018 the company formed a new subsidiary in Austria to be in line with the shareholding restructure plan of the subsidiaries which operated hotel business in Europe, for the purpose to establish this new subsidiary to be a holding company of other subsidiaries of the company which owned properties in Europe. Name: Vienna House Real Estate GmbH; Registered Office: Dresdner Straße 87, 1200 Vienna; Incorporated under the laws of: Austria; Type of business: Investing in properties; Registered capital: EUR 35,000 (or approximately THB 1,373,050).

The board of directors of new subsidiary: Mr. Daniel Ross, Ms. Johanna Weichselbaumer, Mr. Rupert Simoner and Mr. Martin Ijkema.