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...

issued ordinary shares to the private placement investor is appropriated and being an essential part to support the Company’s business plan. 2) Objective regarding the Issuance of Newly Issued Shares to

being an essential part to support the Company’s business plan. 2) Objective regarding the Issuance of Newly Issued Shares to Offer to the investor: Based on the aforementioned of the Company’s business

essential for sustainable business operations. Aside from creating confidence among all stakeholders, it is instrumental in making KBank a Bank of Sustainability. In this quarter, KBank granted the rights to

essential for sustainable business operations. Aside from creating confidence among all shareholders and stakeholders, it is instrumental in making KBank a Bank of Sustainability. KBank thus organized a

corporate governance is essential for sustainable business operations. Aside from creating confidence among all shareholders and stakeholders, it is instrumental in making KBank a Bank of Sustainability. In

weaken. Although the government has policies to help the cost of living of people at the grass-roots level, it focuses on spending of the essential consumer products only. In addition, there was a factor

government’s order, we have closed fashion and hardline (Non-food) stores, while our food store remains operational to serve customers’ demand on essential consumer products. In addition, Central retail has

, heads of relevant units and employees, to voice their opinions, attend a meeting or provide essential relevant documents. The Committee can also seek independent opinions from professional consultants as

is essential to proceed to get the license from related government sectors before business operation including of having business negotiation with related private sectors. Then, it could start business