Mr. Chamnarn Pornpilailuck Mr. Chamnarn Pornpilailuck, a managing director responsible for the operation of Porn Prom Metal Public Company Limited (PPM), shall be liable for PPM’s failure to prepare

KIRBY PUBLIC COMPANY LIMITED NKT: Nakornthon Hospital Public Company Limited NNCL: NAVANAKORN PUBLIC COMPANY LIMITED ORN: ORNSIRIN HOLDING PUBLIC COMPANY LIMITED PPM: PORN PROM METAL PUBLIC COMPANY

MOTOR PUBLIC COMPANY LIMITED PMTA: PM THORESEN ASIA HOLDINGS PUBLIC COMPANY LIMITED PORT: SAHATHAI TERMINAL PUBLIC COMPANY LIMITED PPM: PORN PROM METAL PUBLIC COMPANY LIMITED PRG: PRG CORPORATION PUBLIC

COMPANY LIMITED POST: BANGKOK POST PUBLIC COMPANY LIMITED PPM: PORN PROM METAL PUBLIC COMPANY LIMITED PPP: PREMIER PRODUCTS PUBLIC COMPANY LIMITED PPPM: PP PRIME PUBLIC COMPANY LIMITED PPS: PROJECT PLANNING

PMTA: PM THORESEN ASIA HOLDINGS PUBLIC COMPANY LIMITED POLY: Polynet Public Company Limited PORT: SAHATHAI TERMINAL PUBLIC COMPANY LIMITED PPM: PORN PROM METAL PUBLIC COMPANY LIMITED PPP: PREMIER

use the spandex instead of natural rubber, and the competition is quite high. As a result, the sales of the company of this group is likely to decline in the future. For elastic segment for adult

and its diversification efforts. In addition, the ratings reflect the explicit support KGI receives from its major shareholder in Taiwan, KGI Securities Co., Ltd. (KGI Group). These strengths yielded

qualifications: (1) using proper language and size of font in order to be legible, explicit and consist with document format, including making emphasis alphabets in case of important statement, for instance

shall refer to the registration statement which has been filed together with the application for approval only; (3) obtain an explicit resolution from the company’s board of directors 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...