prevent risk from CPO’s prices fluctuation. ▪ Refined Glycerine, in the 2nd quarter of 2021 had revenue increased from the 2nd quarter of 2020 by 152.08% from an increase in Refined Glycerine selling price

Palm Oil (CPO) price in the 3rd quarter of 2021 (Source: DIT) was 36.00-37.50 baht/kg, an increase from the same quarter of the previous year at 12.00 - 15.00 baht/kg, or 70.00% - 75.00%, mainly due to

reviewed by auditor are as follows: Table 1: Financial Summary for the 2nd quarter of the year 2019 and 2018 Unit: Million Baht Q2’2019 Q2’2018 Increase (Decrease) % Change Sales income 16,426.54 15,444.64

continued to gradually expand in the second quarter, driven primarily by the export and tourism sectors, as well as an increase in the price of rice after a prolonged period of stagnation. However, these

Year of 2018 WHAUP finished our 2018 with the record high Net Profit of Baht 2,251.9 million, a 13.7% increase from 2017 with Normalized Net Profit of Baht 2,267.8 million, a 61.2% increase from 2017. 1

performance of the Group Unit: Million Baht Q3’ 2018 Q3’ 2017 Increase (decrease) Variance (%) Total revenues 1,875 1,853 22 1% Net profit 137 54 83 154% The Group’s total revenues for the third quarter of 2018

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...

from Sales and Services Description Year 2020 Year 2019 Increase / (Decrease) Million Baht % of Total Revenue Million Baht % of Total Revenue Million Baht % Revenues from Sales 1,143.16 92.40 1,213.54

volatility of CPKO On qoq basis, demand for Natural FA in 4Q17 climbed up from 3Q17, mainly due to Synthetic FA prices remains high following an increase of crude oil prices ,and the supply shortage of Natural

1.11% from the same period of the prior year. The total revenue was 1,036.22 million baht, an increase of 25.83 million baht or 2.56% . Interest expenses were 263. 73 million baht, an increase of 38. 34