to surplus capacity in of IPA post the spike profitability in 2017. This segment was further impacted by the unplanned shutdown of our Spartanburg site which also impacted our Specialty Fibers

Baht 91.07 million. The capital decrease effects in capital surplus from the treasury stock for Baht 49.18 million. The Company and its subsidiaries benefits from a decrease in employee numbers from the

) -8.32% SHAREHOLDERS' EQUITY Issued and paid-up share capital 1,316.25 1,316.25 0.00 0.00% Premium on ordinary shares 264.33 264.33 - 0.00% Surplus - warrants 310.00 310.00 - 0.00% Retained earnings

liabilities 653.74 501.33 152.40 30.40% Shareholders’ equity Issued and paid-up 400.00 400.00 - 0.00% Premium on paid-up capital 305.53 305.53 - 0.00% Share surplus from business combination under common

Issued and paid-up 400.00 400.00 - 0.00% Premium on paid-up capital 305.53 305.53 - 0.00% Share surplus from business combination under common control 20.64 20.64 - 0.00% Retained earnings 78.27 78.02 0.25

1,024.78 659.12 365.66 55.48% Shareholders’ equity Issued and paid-up 400.00 400.00 - 0.00% Premium on paid-up capital 305.53 305.53 - 0.00% Share surplus from business combination under common control 20.64

400.00 - 0.00% Premium on paid-up capital 305.53 305.53 - 0.00% Share surplus from business combination under common control 20.64 20.64 - 0.00% Retained earnings 63.82 80.98 (17.16) (21.19%) Other

305.53 - 0.00% Share surplus from business combination under common control 20.64 20.64 - 0.00% Retained earnings 79.52 78.26 1.26 1.61% Total parent’s equity 805.69 804.43 1.26 0.15% Non-controlling

paid-up capital 305.53 305.53 - 0.00% Share surplus from business combination under common control 20.64 20.64 - 0.00% Retained earnings 56.08 78.26 (22.18) (28.34%) Total parent’s equity 782.25 804.43

829.16 659.12 170.04 25.80% Shareholders’ equity Issued and paid-up 400.00 400.00 - 0.00% Premium on paid-up capital 305.53 305.53 - 0.00% Share surplus from business combination under common control 20.64