4.31% 219.98 225.90 (5.92) (2.62%) Raw Water Distribution by Customer Group (Internal usage for tap water production is included) Jan – Dec 2017 = 256.13 million Cu.M. Jan – Dec 2018 = 249.75 million

. Jan – Jun 2019 = 157.23 million Cu.M. Jan – Jun 2018 = 123.57 million Cu.M. Jan – Jun 2019 = 157.23 million Cu.M. Raw Water Distribution by Customer Group (Internal usage for tap water production is

the sales of products. Therefore, the Corporate Group has established policy on market expansion and domestic channel development to achieve the most efficiency, as well as production cost management

by 1.03 $/BBL, a result of pressure from limiting quota and export of Heavy Sour Crude by the OPEC group following their production reduction policy. Compared to the previous quarter, the average

6M2019 6M2019 YoY Total Revenue 45,558 45,535 48,326 6% 6% 89,783 93,861 5% Accounting EBITDA 3,335 1,959 2,189 -34% 12% 6,358 4,147 -35% Refinery and Trading Business Group 1/ 1,929 517 650 -66% 26% 3,208

assistance transactions from Mahachai group as mentioned above and opined that the receiving of financial assistance in 2014 and 2016 are good for the Company and shareholders rather than stopping production

Business Group recorded an average production rate of 66.80 KBD (56% utilization rate), which declined, coinciding with the 2018 planned turnaround maintenance TAM (period between 30th April – 13th June

of THB 793 million from the divestment of the Nikaho and Nagi project to the Infrastructure Fund in Japan. Bio-Based Product Business Group, by the Biodiesel Business reported production and sales

unable to come to an agreement on oil production cuts. However, excluding inventory loss in Q1/2020, the company group had gross margin of THB 2,218 million, which declined by THB 799 million from Q4/2019

(For the purpose of translation only) 2 Glossary Name The Company or WACOAL Thai Wacoal Public Company Limited The Group Thai Wacoal Public Company Limited and its subsidiaries SPI Saha Pathana Inter