Extraordinary Income/(Expense) 9 (6) (1) - - = Net Profit after Tax and NCI 5 18 72 (74)% (93)% *2Q19 Core Financials exclude IRSL 1 A gain on bargain purchase needs to be accounted for on completion of any

accounted for on completion of any acquisition under Thai Accounting Standards. Table 5: Cash Flow Statement $million (except where stated otherwise) 1Q20 4Q19 1Q19 1Q20 QoQ 1Q20 YoY Core EBITDA 304 201 304

capability to serve the enterprise segment, especially in cloud area. As a result, enterprise non-mobile revenue in FY21 climbed 18% YoY and accounted for 3.2% of core service revenue. In addition, AIS

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...

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended March 31, 2018 In the first quarter of 2018, Thai economic growth gained traction, buoyed by both domestic and international factors. However, the business sector faced rising challenges, namely various forms of competition, a borderless marketplace within the ASEAN Economic Community (AEC), and the advancing digital age amid the rapid pace of technological advancement, thus lea...

first trading daywas on 13 March 2019. However, the Company provided short-term loan with no interest rate and recorded as advance payment to Asia Capital Group Public Company Limited ("ACAP") which is a

funds as stated in the prospectus. The Company’s first trading day was on 13 March 2019. However, the Company provided short-term loan with no interest rate and recorded as advance payment to Asia Capital

’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods sold are cost of raw material such cold rolled stainless steel

142.39 million Baht, decreased by 471.34 million Baht due to adjustment of the retention amount and advance payment for Tubma reservoir development project which recorded as Payable for purchase of fixed

brands and new products launches, together with the impact of additional provision for retirement benefits at the amount of THB 96.8 million recorded in Q2’19 to reflect severance payment of 400 days of