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...

offering special investment privileges in order to drive private investment in the area. 2. Digital Disruptions to Banking – Rapid growth in the use of smartphones and tablets enables consumers to increase

wind power and rooftop PV are forecasted to be more than double from present by 2029. - Vietnam Vietnam’s economy has expanded by 7.1 percent, supported by rapid growth of population and foreign

U.S. decreased gradually throughout the quarter, after a rapid increase from the middle of Q2/2016. Also, In September, crude prices continued to adjust upward with respect to crude production in Gulf

. Digital disruptions to banking – Digital technology will impact commercial banking businesses. Rapid growth in the use of smartphones and tablets enables consumers to increase their everyday access to

details of the capital increase in the Capital Increase Report Form (F53-4) (Enclosure 3). The Board of Directors has delegated the power to the Senior Accounting and Administration Manager and or any

your information accordingly, Respectfully Yours, (Dr. Ronnachit Mahattanapruet) SVP, Finance and Administration

but not yet redeemed; (b) system for administration, following up, and passing benefits arising from foreign securities to the holders of depositary receipts under the criteria in this Notification and

buy back shares for the purpose of financial administration in the case that the Company has retained earnings and excess liquidity, provided that such buyback of shares shall in no way give rise to any

view of such shareholder; (2) The Company may buy back shares for the purpose of financial administration in the case that the Company has retained earnings and excess liquidity, provided that such