the consolidated financial statement of the Company for the nine-month period ended 30 September 2019, audited by the certified auditors of the Company, the details in relation to the calculation are as

equivalent to 58.5 percent of the net tangible assets (NTA) of the Company as appeared in the audited consolidated financial statement of the Company ending June 30, 2020, and after computing of the foregoing

share based on the lastest financial statement of GS that audited by auditor. • The second additional share purchase: The Company agrees to purchase 69,144 GS’s shares from Mr.Suwicha Panichpol There is

metre per day. And b) GS has earning per share not less than Baht 65 per share based on the lastest financial statement of GS that audited by auditor. • The second additional share purchase: The Company

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...

transaction size of the list above, the maximum value of the transaction is 103.44% based on the net tangible asset value according to the financial statement which shows in which the equity method is applied

each financial statement period Tax Expense ● Tax expense increased 39.5% year-on-year from Baht 146 million for 9M’2016 to Baht 204 million for 9M’2017. The increase was primarily attributable to an

Debt Instruments (No. 6) dated 3 August 2004. (Unofficial Translation) Page 2 of 12 (12) mutual funds; (13) juristic persons whose audited financial statement of the recent year demonstrate a capital

Brokerage and Securities Dealing which are not Debt Instruments (No. 6) dated 3 August 2004. (Unofficial Translation) Page 2 of 12 (12) mutual funds; (13) juristic persons whose audited financial statement of

was recognized in Statement of Financial Position on 1 January 2020. 2 1Q20 MD&A Advanced Info Service Plc. TFRS 9: Financial Instrument The standard requires financial instruments to be classified into