million and Baht 1,769.53 million, respectively. Major assets were cash and cash equivalents, and property, plant and equipment. As of December 31, 2019 and September 30, 2020, the Company saw cash and cash

foreign exchange hedging at Baht 2.1 million. Other income reported at Baht 0.9 million from transportation, sales of scraps, and obsolete equipment. Gross profit margin slightly increased from 32.2% to

company to prepare the training courses, uniforms and all security equipment for the hired employees. 3. Gross profit of Solar energy (“SE”) decreased Baht (1.12) million, which mainly comes from an

The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 0 The opinions of the Independent Financial Advisor on the connected transaction by Thai Wacoal Public Company Limited Presented to Shareholders of Thai Wacoal Public Company Limited Prepared by 8 March 2019 This English report of the Independent Financial Advisor’s Opinions has been prepared solely for the convenience of foreign shareholders of Thai Wacoal Public Company Limited...

Remuneration Committee is in the process of nomination of a qualified and appropriate person to be a director for a vacant position. If there is any progress, the Company shall further inform the shareholders. 2

of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system

summary as follows:- 1. Nature of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water

9,815 (2.1%) 6.7% Inventories 7,684 7,297 6,141 5.3% 25.1% Investments in associated companies 593 - - 100.0% - Consolidation goodwill 415 307 - 35.4% - Property, plant and equipment 7,302 5,966 4,942

broadband, and device sales. QoQ, total revenues slightly decreased 1.7% from lower device sales and IC revenue. Service revenue was Bt36,957mn, increasing 6. 9% YoY and 0. 2% QoQ. Excluding IC & equipment

% YoY and 2% QoQ, comprising of service revenue and device sale as follows. Service revenue was Bt38,235mn increasing 5. 3% YoY and 3.5% QoQ. Excluding IC and equipment rental, core service revenue in