February 28, 2019 Subject: Managing Discussion and Analysis for Year2018 To: Managing Director The Stock Exchange of Thailand The company would like to report to operation results for the company and

year as well because the Company had enough number of rubber stocks for production. Cash flow received from operating activities decreased from the same period of last year, because the Company had lower

Realty and Industry Public company Limited would like to explain the operating result for year ended of 2019 compare with the same period of the previous year as follows The operating result for year ended

. In Q3/2017 the Company recorded only the Baht 0.26 million temporary shutdown expenses in a part of Administrative expenses. After moving the production equipment to Prachinburi plant and utilizing the

production and weaving production follow the new business model to reduce the cost in 2020 then there were no purchasing of plastic resin that pay through Banking (TR). Additional, the company has requested to

Company could not produce at its full capacity and could not export all orders. Moreover, the Company still had loss in exchange and the increase in cost of production. Please be informed Yours sincerely

Sir, Thai Wacoal Public Company Limited wishes to hereby report to the SET, its clarification report regarding the company’s consolidated operating results for 3rd quarter, 2018, ending September 30

2,097.62 1,600.35 Selling & Administrative Expense 127.83 116.99 Finance Costs 24.24 22.96 Net Profit 101.40 (18.95) Earnings per share (Baht) 0.25 (0.047) The company will explain the cause of change as

the same period of last year and a decrease of 5.28% over the last quarter . Such decrease was mainly due to dropping in metal price and low level of production and sales. 2. Cost of sales was 384.25

the same period of last year and a decrease of 30.49% over the last quarter . Such decrease was mainly due to dropping in metal price and low level of production and sales caused from the COVID-19 out