TISCO Financial Group Public Company Limited

SET Opportunity Day

August 9, 2018

Company Profile

Background� Founded in 1969 as the first investment bank in Thailand

� The first to introduce hire purchase financing product to retail

clients in 1973

� Brought in Provident Fund management service in Thai capital

market in 1973

� One of the founding members of the Stock Exchange of Thailand

in 1975

� In 1996, first securitization of auto loan in South East Asia

� Upgraded to full-service commercial bank in 2005

� Restructured into holding company structure in 2008

� Joint venture with Deutsche Bank to establish “Deutsche TISCO

Investment Advisory Co., Ltd.” in 2012

� Expanded Microfinance through the brand “Somwang” in 2014

� Transferred retail banking business from Standard Chartered

Bank (Thai) on October 1, 2017

Business Model “Selective Focus” universal bank

CG Scoring Excellent

Credit Rating A- (Stable)

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Key Metrics

Unit: Million Baht 2017 1H2018

Total Assets 303,388 310,261

Total Loans 251,384 237,367

Total Funding Deposits 245,202 243,554

Capital Ratio (BIS %) 20.7 22.8

Market Capitalization 70,857 67,254

Share Capital Information

Share Summary

Total shares 800,655,483

Ordinary shares 800,645,624

Preferred shares 9,859

Share Movement (1 Jan – 30 Jun 2018)

High (Baht) 95.00

Low (Baht) 72.25

Average (Baht) 86.57

Par value (Baht) 10.0

Market capitalization (Baht, MM) 67,254

Foreign limit (%) 49.0%

Free float (%) 75.3%

Dividend Payout (%) 65.7%

Data as of June 2018

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Group Business Mix

Revenue ContributionLoan Composition

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Unit : Million Baht 2016 2017 % YoY 1H17 1H18 % YoY

Net Interest Income 10,920 11,655 6.7 5,525 6,426 16.3

Non-Interest Income* 5,837 6,848 17.3 3,104 3,864 24.5

Income 16,757 18,503 10.4 8,629 10,290 19.3

Operating Expense* (6,541) (7,761) 18.7 (3,606) (4,426) 22.7

PPOP 10,216 10,742 5.1 5,022 5,864 16.8

Provisions (3,972) (3,098) (22.0) (1,295) (1,449) 11.9

Pre Tax Profit 6,244 7,644 22.4 3,728 4,415 18.4

Net Profit 5,006 6,090 21.7 2,996 3,475 16.0

ROAE (%) 16.9 18.5 19.1 20.3

Group Performance

Remark: * Net of expense from business promotion relating to the business

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ROAE remained strong,

maintaining top-tier in

the industry

ROAE remained strong,

maintaining top-tier in

the industry

TISCO reported strong

Net Profit from the ability

to generate income from

both net interest income

and fee income from all

business sectors.

TISCO reported strong

Net Profit from the ability

to generate income from

both net interest income

and fee income from all

business sectors.

Balance Sheet

LiabilitiesLiabilities

Unit: Million BahtUnit: Million Baht

Assets Assets

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LoansLoans

Unit: Million Baht

� Loan declined by 5.6% (YTD) due to

loan reclassification to assets held

for sale following the agreement to

sell personal loan and credit card

loan to Citibank.

� Loan declined by 5.6% (YTD) due to

loan reclassification to assets held

for sale following the agreement to

sell personal loan and credit card

loan to Citibank.

+2.3% YTD +2.8% YTD

-5.6% YTD

Net Interest Income

� Net interest income increased

following the ability to maintain

overall loan yield and the transfer

of retail banking business from

SCBT while NIM also remained

strong.

� Net interest income increased

following the ability to maintain

overall loan yield and the transfer

of retail banking business from

SCBT while NIM also remained

strong.

Unit: Million Baht

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+6.7% YOY

+16.3% YOY

Non-interest Income

Non-interest income increased following:� Strong banking fee from bancassurance business.

� Significant improvement in asset management fee from

AUM growth.

� Higher market trading volume yielded strong brokerage

fee income.

� Recorded extraordinary gain on selling investment and

share of profit from investment in subsidiaries.

Non-interest income increased following:� Strong banking fee from bancassurance business.

� Significant improvement in asset management fee from

AUM growth.

� Higher market trading volume yielded strong brokerage

fee income.

� Recorded extraordinary gain on selling investment and

share of profit from investment in subsidiaries.

Unit: Million Baht

Remark: * Net of income and expense from business promotion relating to the business

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+17.3% YOY

+24.5% YOY

Asset Quality

Unit: Million Baht

� NPL ratio as at June 2018 increased following

one medium-sized client that encountered

payment difficulty, whereas credit quality in

overall loan portfolio still remained favorable

amid the effective credit control.

� NPL ratio as at June 2018 increased following

one medium-sized client that encountered

payment difficulty, whereas credit quality in

overall loan portfolio still remained favorable

amid the effective credit control.

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� Credit expense to average loan continued to

decline resulting from improved credit quality

of overall loan portfolio.

� Credit expense to average loan continued to

decline resulting from improved credit quality

of overall loan portfolio.

Capital Adequacy

Unit: Million Baht

� Strong capital adequacy with BIS ratio

at 22.8% and Tier I ratio at 17.7%

� Adequate capital base for future

growth opportunity.

� Strong capital adequacy with BIS ratio

at 22.8% and Tier I ratio at 17.7%

� Adequate capital base for future

growth opportunity.

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Branch Network & Employees

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Q & A

TISCO Financial Group Public Company Limited

48/49 TISCO Tower, North Sathorn Road

Silom, Bangrak, Bangkok 10500

Thailand

Tel: +66-2-633-6868

Fax: +66-2-633-6855

Email: ir@tisco.co.th

Website: www.tisco.co.th

Investor Relations

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Disclaimer

This presentation material may contain forward-looking statements. These forward-

looking statements are not guarantees of future performance and involve risks and

uncertainties, and actual results may differ from those in the forward looking

statements as a result of various factors. TISCO accepts no liability whatsoever with

respect to the use of this document of its content.

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