Committee 2. Mr. Chatchai Pokogwai 3. Mrs. Veerawan Vararuth 4. Mr. Metha Soonthornjit Position Director and Managing Director Position Independent Director Position Independent Director, Member of Audit

position with a current ratio of 3.89 times and debt to equity ratio of 0.29. Yours faithfully, (Metha Trillit) President

Director and Director of Innerwear Division 10. Mr. Metha Supakorn Executive Director and Director of Production Technology Division 11. Mr. Pojadech Ketkratuk Executive Director and Director of Children

Position Independent director 4. Mr. Metha Soonthornjit Position Independent director and member of the Audit Committee The 2020 Annual General Meeting of Shareholders is proposed to consider approving the

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...

Member of the Nomination and Remuneration Committee 6. Mr. Sutee Phongpaiboon Independent Director, Chairman of the Audit Committee, and Chairman of the Nomination and Remuneration Committee 7. Mr. Metha