distribution for investors and issuers respectively. The framework enables fund managers operating in a member jurisdiction to offer a CIS constituted and authorised in that jurisdiction to retail investors

employment rate, and income distribution throughout the country. The Ministry of Interior strongly supports this project and will help disseminate the information to entrepreneurs nationwide with the help of

force as from 1 January 2015; (2) the second paragraph of Clause 34 relating to fundamental recommendation regarding the importance of basic asset allocation shall come into force as from 1 April 2016

promoting greater use of K-Credit Card based on big data analytics and through the launch of digital marketing campaigns covering purchase of goods, product delivery, online accommodation reservation, tax

foreign company. “holding company” means a foreign company whose core business is holding shares of other companies and none of significant manufacturing, distribution or service. “Thai company” means a

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...

2,221.11 27.78 Discount on share capital (4.11) (0.08) (4.11) (0.07) (4.11) (0.06) (4.11) (0.05) Surplus on share-based payment transactions 65.42 1.31 65.42 1.10 65.42 0.92 65.42 0.82 Retained earning

1,122.74 1,024.78 97.95 9.56% Shareholders’ equity Issued and paid-up 400.00 400.00 - 0.00% Premium on paid-up capital 305.53 305.53 - 0.00% Share surplus from business combination under common control 20.64

’ equity Issued and paid-up 400.00 400.00 - 0.00% Premium on paid-up capital 305.53 305.53 - 0.00% Share surplus from business combination under common control 20.64 20.64 - 0.00% Retained earnings 78.02

management will consider using the surplus CFO in investment or any other activities to create better value for the Company. Cash Flow from Investing Activities CFI as of June 30, 2020 was -48.45mb mainly due