-Translation- No. ECF2 005/2019 17 January 2019 Subject: Cancellation of the resolutions of the Board of Directors’ Meeting No. 13/2018 in relation to the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for 2019 Annual General Meeting of Shareholders...

maintenance (TAM) (from 30 April – 13 June 2018). However, average crude run for the year was in accordance with the target at 102.39 KBD (85% utilization rate), and achieved its all-time high monthly average

plan concisely and in advance. There are some target customers that the Company has already marketed. This reduces the risk of distribution. 5.2 Repayment of loans: The total budget of Baht 30.00 million

higher volume of finished goods. Therefore, the sale of fast-growing products may not be as expected. However, the Company has prepared the sales plan concisely and in advance. There are some target

roads and areas with potential. Improvements to the quality of previously owned service station were made to push sales volume per service station, however stations with sales volume below target were

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...

, Ministry of Energy with target daily biodiesel production of 7.0 million liters per day in 2036 from 3.4 million liters per day in 2016 is a solid confirmation on government supposing policy in biodiesel

September to December PAGE 6 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2 2019 Target within 2025 GPSC Electricity Growth Pipeline 20202019 20232021 Growth along with PTT Group GLOW SPP Replacement Conventional

) Q3 2019 Target within 2025 GPSC Electricity Growth Pipeline 20202019 20232021 Growth along with PTT Group GLOW SPP Replacement Conventional Energy (Thailand and International) Renewable Energy (Solar

, policy and operating plan of the company and units of the company should be clearly prescribed and conform to the fiduciary duties and good corporate governance with an aim to enable the management company