entering the transaction including reporting to the SET as the announcement of the Stock Exchange of Thailand, subject; Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition

Company The transaction size of said acquisition is within the scope of acquisition of assets under the Notification of the Capital Market Supervisory Board No. TorChor 20/2551 Re: Rules on Entering into

ที่ หทว No. Kor Bor Ror. 016/2019 November 11, 2019 President The Stock Exchange of Thailand Re : Entering transactions with connected parties for 2020 Dear Sir, Thai Wacoal Public Company Limited

Supervisory Board No. TorChor 20/2551 Re: Rules on Entering into Material Transaction deemed as Acquisition or Disposition of Assets and the Notification of the Board of Governors of the Stock Exchange of

. Based on exchange rates as at 30 September 2019 of the Bank of Thailand 1 Indian rupee is Baht 0.4649. The Board of Directors meeting considered that the entering into the transaction is reasonable and

of the Board of Directors on the entering into of the transaction The Board of Directors considers the transaction and opines that Gofive has separated its IT and innovation business from the printing

the Board of Directors on the entering into of the transaction The Board of Directors considers the transaction and opines that Gofive has separated its IT and innovation business from the printing

company NTA and approved entering into “Business Administration Agreement” with AFS and pay management fee in the amount not more than 92.58 million baht or 0.51% of the Company NTA. - Board of Director’s

which is different from the Opinion of the Board of Directors None Such investment is considered Entering into Material Transactions Deemed as Acquisition or Disposal of Assets stated in Notification of

Supervisory Board No. Tor Jor 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets (including additional amendments) and the Notification of The Board of