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...

in every level both in Thailand and foreign country and macro-economy and micro-economy, which are specific and having more specific target group than KMM’s contents, which is presented via digital

in the past from the audited financial statements of Hello LED, the management interview on the future management plan and macro-economic data, e.g. inflation rate of Thailand, and discounted cash flow

statements of Hello LED, the management interview on the future management plan and macro-economic data, e.g. inflation rate of Thailand, and discounted cash flow by using weighted average cost of capital

income and expense calculated based on the results of operations in the past from the audited financial statements of Hello LED, the management interview on the future management plan and macro-economic

1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the 2020 Annual General Meeting of Shareholders To: Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corpor...