. Operations of Support Groups 56 5.1 Human Resource Management 56 5.2 IT Management 59 6. KASIKORNBANK’s Investments in Subsidiaries and Associated Companies 61 7. Shareholder Risk Management 62 1 1. Overview

intended to limit the spread of COVID-19. The health and safety of our staff and customers remains our top priority. Our teams constantly evaluate the situation and use appropriate protocols to serve

increased by THB 6 million or 120% from Q1/2019 due to additional catering teams which resulted in higher set-ups of pop-up store in several locations. Q1/2020 vs Q1/2019YoY Revenue Q1/19 Q1/20 Change

. Operations of Support Groups 38 5.1 Human Resource Management 38 5.2 IT Management 40 1 1. Overview of Operating Environment 1.1 Global and Thai Economy in the Second Quarter of 2019 The global economy

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...

25 4.4 Treasury Operations 29 4.5 Capital Requirements 29 4.6 Credit Ratings 31 5. Operations of Support Groups 33 5.1 Human Resource Management 33 5.2 IT Management 35 1 1. Overview of Operating

Operations 31 4.5 Capital Requirements 32 4.6 Credit Ratings 33 5. Operations of Support Groups 35 5.1 Human Resource Management 35 5.2 IT Management 38 1 1. Overview of Operating Environment 1.1 Global and

Operations 27 4.5 Capital Requirements 27 4.6 Credit Ratings 29 5. Operations of Support Groups 31 5.1 Human Resource Management 31 5.2 IT Management 32 1 1. Overview of Operating Environment 1.1 Global and

to maintain the motivation of the teams who have made strong contributions in 2018. As highlighted in previous quarters with the startup of the additional and kiln 7 in Huai Pa Wai in Q1 adding over

close management and monitor of performance of over 1,500 personnel in on-ground marketing teams and cash van sales force to promptly action on any changing circumstances in order to bond good relations