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...

will also support the employees of Dusit Thani Bangkok Hotel. Business Segment Performance: In 1Q19, the Company reported total revenue of THB 1,425 million, a decrease 16.1% yoy. The revenue comprised

) (81%) For focusing on the operating performance, the impact of lease income were excluded from the analysis of the operation result. Page 6 The operating profit of EGCO Group before the effects of

alleviates the impact of the risk on the Company’s performance. Therefore, the Company has invested in the Refined Glycerine plant according to the Company's strategy plan, which add the value-added to by

Public Company Limited Management Discussion and Analysis Quarter 1 Ending 31 March 2018 G Steel Public Company Limited Page 2/12 Performance Revenue from sale and cost of sale Q1/2018, The Company and

Steel Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2018 G Steel Public Company Limited Page 2/14 Performance Revenue from sale and cost of sale Q2/2018, The Company

Company Limited Management Discussion and Analysis Quarter 3 Ending 30 September 2018 G Steel Public Company Limited Page 2/14 Performance Revenue from sale and cost of sale Q3/2018, The Company and

in sale quantity and production cost. Performance Revenue from sale and cost of sale The Company and subsidiary recorded a sales volume of 1,449,290 tons for the year 2018, increased by 66,524 tons

decrease of production together with Graphite Electrode’s price which part of conversion cost higher than same period of last year. Performance Revenue from sale and cost of sale Total revenue from sales and

Anti- Dumping and Countervailing of Foreign Products Act, we are expecting improvement in the sentiments from Q4 onwards. Performance Revenue from sale and cost of sale Total revenue from sales of the