-month period ended 30 June Change % Change 2 / 5 Operating results by business for the three-month period ended 30 June 2019 • Decrease in gross profit was mainly derived from the following reasons: 1

Ref Ref. 2S_BoD031/2017 November 8th, 2017 Subject: Clarification of the change in operating result more than 20% To : The president The Stock Exchange of Thailand 2S Metal Public Company Limited

the previous year which decreased by amount of Baht 102 million, due to mainly came from the lower revenue from feed sales and higher cost of raw material . - Loss on investments in marketable

net loss of Baht 0.92 million on Baht 14.87 million revenues over the same period in 2018. The change in loss for the quarterly operating result ended on March 31, 2019 is Baht 5.81 million increased

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

1,947.37 2,097.62 Selling & Administrative Expense 120.12 127.83 Finance Costs 20.98 24.24 Net Profit 9.12 101.40 Earnings per share (Baht) 0.02 0.25 The company will explain the cause of change as follow: 1

compared with net loss of Baht 4.73 million on Baht 14.58 million revenues over the same period in 2017. The change in loss for the quarterly operating result ended on September 30, 2018 is due to lower

Ref. SorNor. 043/2017 August 10, 2017 To: President The Stock Exchange of Thailand Re: Notification on Business Restructuring, Change of Name and Capital Increase of the Subsidiaries Whereas, the

) operating results based on its reviewed consolidated financial statements ended 31 March 2018 as follows. Highlights on Q1-2018 Operating results Unit : Million Baht Q1-18 Q1-17 Q4-17 % Change Amount % Amount

decrease in total revenue 3.4% and can be summarized as following table. Description Total Revenue (MB) Y-O-Y Change Increase/(Decrease) Note 2016 2017 Sales 919.8 882.2 -4.1% The sales volume decreases as