600.00 Premium (Discount) on Share Capital 2,230.18 2,230.18 2,230.18 2,230.18 Retained Earnings (Deficit) -290.75 41.67 716.66 613.60 Treasury Stock - - - - Shares Of The Company Held By Subsidiaries

383.00 383.00 Premium (Discount) on Share Capital 519.67 519.67 519.67 519.67 519.67 Retained Earnings (Deficit) 544.86 479.20 531.75 513.44 542.09 Treasury Stock - - - - - Shares Of The Company Held By

Share Capital 1,250.47 1,169.75 1,250.47 1,250.47 Retained Earnings (Deficit) -3,444.25 -3,326.17 -3,191.40 -3,202.63 Treasury Stock - - - - Shares Of The Company Held By Subsidiaries - - - - Other

(Deficit) -2,815.32 -2,822.26 -2,769.01 -2,715.68 Treasury Stock - - - - Shares Of The Company Held By Subsidiaries - - - - Other Components Of Equity 67.24 67.24 67.24 67.24  - Surplus (Deficits

) -643.82 226.81 882.42 842.88 Treasury Stock - - - - Shares Of The Company Held By Subsidiaries - - - - Other Components Of Equity 190.24 65.42 65.42 -  - Surplus (Deficits) 124.82 65.42 65.42 - Shareholders

(Discount) on Share Capital 724.76 724.76 724.76 724.76 Retained Earnings (Deficit) 2,707.01 2,361.18 2,254.43 2,172.07 Treasury Stock - - - - Shares Of The Company Held By Subsidiaries - - - - Other

Capital 1,315.44 1,315.44 1,315.44 1,315.44 Retained Earnings (Deficit) 340.91 365.78 484.01 505.80 Treasury Stock - - - - Shares Of The Company Held By Subsidiaries - - - - Other Components Of Equity -4.11

process is to prevent the Company from being bankruptcy and to maintain the right and shareholdership, especially retail investors in the stock market, from losing all the money invested if the Company

. The entering into business rehabilitation process is to prevent the Company from being bankruptcy and to maintain the right and shareholdership, especially retail investors in the stock market, from

To : President The Stock Exchange of Thailand K. W. Metal Work Public Company Limited (the “Company”) would like to submit management discussion and analysis for the year ended December 31, 2018 with