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...

A9Rl82jco_1g84tbb_6bg.tmp 1 (TRANSLATION) SAFARI WORLD PUBLIC COMPANY LIMITED PCL 0107537000351 Ref. No. 014/2019 18 March 2019 Subject: Notification of the Resolution of the Board of Director’s Meeting regarding no payment of dividend, schedule of Annual General Meeting of Shareholder for the year 2019, capital increase by allocating via general mandate, an increasing of investment cost in Carnival Magic Project, and compensation for design and construction to related person. (Update) To: Manag...

), describe the details of such project or research and development, for example, the characteristics, product launch or product improvement, progress and potential impacts on the Company's operation and

(approximately 1 year), describe the details of such project or research and development, for example, the characteristics, product launch or product improvement, progress and potential impacts on the Company's

production - Improvement of machine and equipment production line and also used as working capital for the production of plastic bags including operating expenses 96.36 - Year 2017 - 2019 17 Objectives of the

Company) at debt to equity conversion price of THB 0.19 per share in order to balance the Dilution Effect and the objective to support the improvement of the Company‟s financial position. ACO I and the