No worries, man.
I'm guessing you probably get the basic idea of all this, but you're talking about trying to get the full four marks from it, so here's what I'd do with it:
You might start by jotting down the major terms that the examiners want to be seeing in your answer. These are, diprotic acid, amphiprotic, buffer solution and, maybe, hydrolysis, if you want to showboat
1. Define potassium metabisulphate - It is a diprotic acid because it donates two protons to ionise completely (note that it doesn't matter that this is a salt, and not really an acid, because it still qualifies as a Bronsted-Lowry acid!)
2. What does the first reaction do to pH? Firstly, what is the first reaction? The salt is undergoing hydrolysis (a reaction with water) to form H2SO3-, a weak acid. Note that the salt acts as a BL base and water as a BL acid because the salt "accepts" a proton from the water to form H2SO3- (which is the salt's conjugate acid). The first reaction lowers the pH of the wine since the [H30+] has increased.
3. What about the second reaction? Firstly, define it. H2SO3- acts as a BL base and accepts a proton from water, which acts as a BL acid. Then, SO2 is the conjugate acid and water the conjugate base on the LHS. But, in step 2, H2SO3- was a BL acid and water a BL base, therefore H2SO3- and H20 are amphiprotic. At this point, the pH level increases since the [H30+] is decreasing.
4. Buffer solution!?!? Note that the second reaction is an equilibrium reaction. This is because H2SO3- is a weak acid. This means that the wine now has comparable amounts of H2SO3- and its conjugate base, SO2, i.e. the H2SO3-, H2O eqm mixture is a buffer solution. Noting that a buffer solution is able to maintain a constant pH even when strong acids and bases are added to it (i.e. the wine is at risk of oxidation), the addition of potassium metabisulfate ultimately leads to the stabilisation of the pH level of wine.
For the real thing, man, you wouldn't be expected to write as much as I have, so don't stress about that. I just wrote alot to explain it to you as well as answer the question. If you've got the basic ideas down and you're able to structure your response the way I've done (there's probably large room for improvement there, though
), you'll be set! Make sure you link the points you make back to the question as much as you can, while still demonstrating the knowledge you need to