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...

supplying electricity and steam of the company can be enhanced by leveraging the expertise and technological advancement of both companies in order to respond to customers needs. • Increasing efficiency of

assistance to the SEC Office in inspection and supplying information relating to breaching or failing to comply with any provision on auditing account under Law on the Securities and Exchange6 or rules issued