Inform the Board Resolution to register a subsidiary company in SET - Translation - UAC.CS/006/2018 March 23, 2018 Subject: Plan to spin-off Subsidiary Company to be listed in mai To: The President

because the Company did not have a support from the financial institution by the agreed period. Therefore, the Company proceeded to cancel the Shares Purchase Agreement that related to The Acquisition with

) Limited Dear Sir, According to Thai Wacoal Public Company Limited disclosing the credit guarantee to a related company to financial institution as shown in note no. 9 to the financial statements for the

trustee, securities company, commercial bank or financial institution established under specific law, for instance, a risk management committee, an investment committee, or compliance committee, or

Thailand by the following intermediaries who are licensed or regulated by the SEC Thailand : Asset Management Company Licensed Bank/ Financial Institution Licensed Securities Company Licensed Institution

the investment for sale in order to repay the debt and short-term loan to financial institution including payment to trade payables. Liabilities As of June 30, 2019, the company had total liabilities of

Licensed Bank/Financial Institution Licensed Securities Company Licensed Institution/Corporation/Organisation (e.g. insurance company) Other bodies (Please provide details

Thailand: Asset Management Company Licensed Bank/ Financial Institution Licensed Securities Company Licensed Institution/ Corporation/ Organisation (e.g. insurance company) Other bodies (Please provide

licensed or regulated by the SEC Thailand : Management company Licensed bank/ Financial institution Licensed securities company Licensed institution/ Corporation/ Organisation (e.g. insurance company) Other

accordance with the market price and higher than the appraisal price. - Benefit : The Company will allocate the proceed from the land sale to repay the Company's loan to a financial institution and use it as