. - Swine farm business recorded its loss of Baht 4.8 million, increased of Baht 10.3 million from Q2/2017 due to decreasing of fattening pig price and increasing of feed cost. Selling and Administration

/2017 due to increasing of feed cost. Selling and Administration Expenses Selling and administration expenses in Quarter 3/2018 increased of Baht 7.5 million or 4.5%, as result of IT system development

spread in Thailand and The government has enacted the Emergency Decree on Public Administration in Emergency Situation (Emergency Decree) and orders to close the places where there is a high risk of

provides the business administration and support to the oversea subsidiaries. AEONTS and its subsidiaries enter into “Business Administration Agreement” and pay management fee to AFS total transaction is

Deputy CEO; (3) Suchit Rungcharoenchai, Ex-TUCC Director, Deputy CEO, and CFO; (4) Nitaya Yongphithakwatana, TUCC Director and General Administration Department Director; (5) Suttirat Sewee, TUCC Director

Percentage Total Revenues 501.45 1,148.64 (647.19) (56.34) Cost of Goods Sold and Service (577.57) (1,085.84) (508.27) (46.81) Sell and Administration Expenses (22.54) (39.38) (16.85) (42.77) Net Profit (Loss

Revenues 643.92 1,150.40 (506.48) (44.03) Cost of Goods Sold and Service (671.54) (1,073.38) (401.83) (37.44) Sell and Administration Expenses (23.20) (28.87) (5.67) (19.63) Net Profit (Loss) (50.71) 47.00

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...

THB 59.92 million in the year 2013. The major contributions were the cost of transportation and products insurances. Administration Expenses The company’s administration expenses for the fiscal year

expenses the amount of THB 55.49 million in the year 2014. The major contributions were the cost of transportation and products insurances. Administration Expenses The company’s administration expenses for