October 30, 2020 Subject: The Management Discussion and Analysis for the year ended 31st December 2019 To: President The Stock Exchange of Thailand Well Graded Engineering Public Company Limited (“the

Page 1 of 3 No. ACC6308/002 13 September 2020 เรื่อง Operating Results Clarification for the second quarter 2020, ended June 30 2020 เรียน Director/ Managing Director The Stock Exchange of Thailand

- ร่าง - 1 Feb 13, 2018 Subject Management Discussion and Analysis for the period of three months and the period of nine months ended 31st December 2017 To President of the Stock Exchange of Thailand

Revocation (section 104) |- Accounting and Records (section 105) |- Audited Financial Statements & Auditor Approval (section 106) |- Public Disclosure (section 108) |- Reporting & Notification Requirements

) |- Auditors | - |- Approval (Section 30) |- Accounting and Financial Statements (Section 27, 28) |- Reporting Requirements |- Anti-money Laundering |- Arbitration |- Appeal |- Others | - |- Public Holidays

, however, not complied with the accounting standards stating that the revaluation surplus has to be transferred directly to retained earnings when the asset is retired. The SEC thus instructed ABC to rectify

Fiscal and Financial System Development2. Ms. Sudtai Chaijuntuk, CGD Advisor of Accounting System Development3. Ms. Wilawan Payanoi, CGD Advisor of Fiscal and Financial System Development4. Ms. Rachamarn

, Mrs. Sittasri Nakasiri holds the Bachelor’s Degree in Accounting from Thammasat University and the Master of Science from Saint Louis University, USA. She is also a certified financial analyst (CFA

mobilization, corporate monitoring and accounting supervision. Prior to joining the SEC in 1992, she was an analyst at the Bank of Thailand.The SEC's new line of commands effective from 11 February 2019 is

surplus to gain on sale of the assets presented in the income statement. The transfer was, however, not complied with the accounting standards stating that the revaluation surplus has to be transferred