. of shares % No. of shares % No. of shares % Vanachai Group Plc. 2,499,997 99.9999 60,000,000 100.00 62,499,997 100.00 3 minority shareholders 3 0.0001 - - 3 0.00 Total 2,500,000 100.0000 60,000,000

No. of shares % No. of shares % No. of shares % Vanachai Group Plc. 2,499,997 99.9999 60,000,000 100.00 62,499,997 100.00 3 minority shareholders 3 0.0001 - - 3 0.00 Total 2,500,000 100.0000 60,000,000

shareholders’ equity 1,979 2,446 (467) (19%) Liabilities Total liabilities as at 31 March 2020 were Baht 5,778 million, an increase of Baht 607 million or an increase of 12% compared to the total liabilities as

84,150,000 Baht. 4. To schedule for the Extraordinary General Meeting of Shareholders No. 2/2561 The Board of Director set the convening of the EGM to be held on Friday, June 1, 2018 at 2.00 pm. at Meeting

of the Board of Directors Meeting No. 2/2019 and the convening of the 2019 Annual General Shareholders Meeting To President Stock Exchange of Thailand Reference Letter to the President of the Stock

executed the Share Purchase Agreement with the existing shareholders of Akkrawat Crop Rotation Energy Company Limited (“Akkrawat”) in the amount of 25,000 shares, representing 50 percent of the total

0.14 100 0.01 Lissapat Kraikruan 100 0.14 100 0.01 Total 70,000 100.00 1,170,0 00 100.00 Remarks: The company increased the percentage shareholding to 99% by diluting the shares of the shareholders who

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

overdrafts and short-term loans 215 229 (5.9) Trade and other payable 11,022 10,480 5.2 Others 2,394 2,835 (15.6) Total Liabilities 13,631 13,544 0.6 Total Shareholders’ equity 33,110 32,473 2.0 Total

) (6) Total liabilities 24,039 27,878 (3,839) (14) Total shareholders’ equity 26,863 26,286 577 2 Page 4 of 4  Financial position As of 30 December 2019, the Company and its subsidiaries’ total assets