ended 31 March 2018 (1st quarter of 2018) as follows: Unit :Million Baht Q1/17 Q4/17 Q1/18 Change +/(-) QoQ % YoY % Net Revenue 215.83 191.39 206.12 14.73 7.70 -9.71 -4.50 Cost of Goods Sold 187.58 180.66

( “ the Company” ) would like to submit our management’s discussion and analysis for the fiscal year ended December 31, 2019, as follows: For the year ended December 31 Change 2019 2018 MB MB % Sales

THB Mn THB Mn % THB Mn THB Mn THB Mn % Tax income (expense) (22.5) (50.2) (35.9) 15.8 (51.7) N.A.(

) ** Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-operating income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 9M’18 9M’19 change Q3’18 Q2’19

of EIC Semi. 5Expense of the sale was Baht 11.18 million increasing by Baht 4.00 million compared to the same period of the previous year (The expense of sale in year 2016 was Baht 7.18 million

(Unit : Million Baht) 30 September 2016 31 December 2016 Change Current assets 869.95 893.90 (23.95) Non-current assets 1,262.26 1,203.81 58.45 Total assets 2,132.21 2,097.71 34.50 Current liabilities

Change Million Baht % Million Baht % Million Baht % Sales revenue - net 406.55 91.50% 361.42 91.88% (45.13) -12.49 % Revenue from contract works 32.46 7.31% 26.40 6.71% (6.06) -22.96% Revenue from service

President The Stock Exchange of Thailand K.C. Metalsheet Public Company Limited (“the Company”) would like to clarify the operating result of the financial statement as follows: year 2016 year 2017 Change

decrease Baht 8.97 Million or 3.26%. - Cost of the sales and services from Q2/2018 was 89.50% increased to 91.75% on Q2/2019 or increased 2.25% from sales due to recorded the effect of the change severance

compared with net loss of Baht 5.61 million on Baht 8.40 million revenues over the same period in 2018. The change in loss for the quarterly operating result ended on June 30, 2019 is Baht 22.33 million