TISCO Financial Group Public Co., Ltd.

Analyst Meeting 3Q2017

October 12, 2017

2

Consolidated Income Statements

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

Unit : Million Baht 3Q16 2Q17 3Q17 % QoQ % YoY 9M2016 9M2017 % YoY

Interest Income 3,975 3,928 3,981 1.3 0.1 12,033 11,834 (1.7)

Interest Expenses (1,218) (1,167) (1,208) 3.5 (0.8) (3,893) (3,537) (9.1)

Net Interest Income 2,758 2,761 2,772 0.4 0.5 8,140 8,297 1.9

Fee & Service Income 1,463 1,350 1,536 13.8 5.0 4,039 4,398 8.9

Fee & Service Expenses (56) (54) (55) 2.5 (2.2) (167) (169) 1.5

Other Operating Income* 155 172 225 30.9 45.2 449 581 29.6

Total Non-Interest Income 1,561 1,468 1,706 16.2 9.2 4,321 4,810 11.3

Total Income 4,319 4,229 4,478 5.9 3.7 12,462 13,107 5.2

Operating Expenses* (1,652) (1,808) (1,918) 6.1 16.1 (4,823) (5,524) 14.5

PPOP 2,668 2,420 2,560 5.8 (4.0) 7,639 7,582 (0.7)

Provisions (1,092) (542) (611) 12.8 (44.0) (2,999) (1,906) (36.4)

Pre-tax Profit 1,576 1,878 1,948 3.7 23.6 4,640 5,676 22.3

Income Tax (317) (370) (372) 0.6 17.4 (915) (1,093) 19.4

Net Profit 1,250 1,505 1,572 4.5 25.8 3,713 4,568 23.0

EPS (Baht) 1.56 1.88 1.96 4.64 5.71

ROAE (%) 17.1 18.8 19.5 17.1 19.0

3

Assets and Liabilities

0.2% YTD

Assets Liabilities

0.0% QoQUnit: Million Baht Unit: Million Baht

1.0% YTD

0.6% QoQ

Unit : Million Baht 2016 2Q17 3Q17 % QoQ % YTD

Loans - Net 224,934 216,149 215,038 (0.5) (4.4)

Allowance (7,984) (8,963) (9,363) 4.5 17.3

Investments 7,632 7,865 8,237 4.7 7.9

Interbank & MM 38,067 46,118 46,796 1.5 22.9

Other Assets 8,623 9,415 9,998 6.2 15.9

Total Assets 271,272 270,584 270,706 0.0 (0.2)

Unit : Million Baht 2016 2Q17 3Q17 % QoQ % YTD

Deposits &

Borrowings218,073 216,670 215,198 (0.7) (1.3)

Interbank & MM 5,197 3,918 3,825 (2.4) (26.4)

Subordinated

Debentures7,323 7,323 7,323 - -

Other Liabil ities 9,354 11,141 11,203 0.6 19.8

Total Liabilities 239,947 239,052 237,550 (0.6) (1.0)

Retained Earnings 20,753 20,847 22,421 7.6 8.0

Total Equities 31,326 31,532 33,156 5.1 5.8

4

Loan Portfolio

Corporate LoansRetail Loans SME Loans

Unit: Million Baht Unit: Million Baht Unit: Million Baht

Total Loan Portfolio

Unit: Million Baht 0.5% QoQ

1.0% QoQ 1.1% QoQ

1.1% YTD

1.2% QoQ

20.7% YTD

4.4% YTD

4.4% YTD

5

Retail Loan Portfolio

Retail Loan Breakdown

6

Consumer Finance Loan

Somwang Loan Outstanding Somwang Branches

7.7% QoQ

14.4% YTD

Unit: Million Baht

Consumer Finance Loan Outstanding

Unit: Million Baht Consumer Finance

11.5% QoQ

27.9% YTD

Somwang

7

Industry Car Sales and Penetration Rate

TISCO Auto HP Penetration Rate

Industry New Car Sales

882800 769

133

543

199210

7.4%8.0%

7.3% 7.1%7.6% 7.3%

8.9%

2014 2015 2016 1Q17 2Q17 Jul-Aug 17 8M17

No. of New Car Sales ('000 Units) Penetration Rate (%)

8

Loan Spread and Net Interest Margin

6.5 6.5 6.7 6.8 6.8 7.0

3.33.9

4.5 4.7 4.8 4.9

3.22.6

2.2 2.1 2.1 2.1

2014 2015 2016 1Q17 2Q17 3Q17

% Yield on loans

% Loan spread

% Cost of funds

Yield on Loans and Cost of Funds

Remark: Cost of funds include contributions to FIDF and DPA

Loan Spread and Net Interest Margin

9

Asset Quality

NPL and NPL Ratio

6,750

7,701

5,710 5,221 5,199 5,030

2.6%3.2%

2.5% 2.4% 2.4% 2.3%

2014 2015 2016 1Q17 2Q17 3Q17

Total NPL % NPLUnit: Million Baht

Million Baht % Million Baht % Million Baht %

Corporate 412 0.9 382 0.8 412 0.9

SME 595 3.6 522 4.0 460 3.5

Hire Purchase 4,043 3.0 3,618 2.8 3,452 2.7

Mortgage 91 9.3 87 9.4 91 10.1

Others 569 2.3 592 2.3 614 2.2

Total NPL 5,710 2.54 5,199 2.41 5,030 2.34

3Q172Q172016NPL by Loan Type

4,124

5,037 4,910 4,698 4,696 4,765

6,950 6,168

7,984 8,560

8,963 9,363

2014 2015 2016 1Q17 2Q17 3Q17

Minimum Required Provision Actual Provision

Provisions

10

Provision Expense and Credit Cost

4,426

5,277

3,972

753 542 611

1,906

1.6%2.1%

1.7%1.4%

1.0% 1.1% 1.2%

2014 2015 2016 1Q17 2Q17 3Q17 9M17

Provision expense (Million Baht) % Credit cost

Minimum Required Provision vs Actual Provision

Unit: Million Baht

General Reserve

= 4,599

Unit: Million Baht

Deposits

11

Total Deposits & Bill of Exchanges

Unit: Million Baht 0.7% QoQ

1.3% YTD

Unit : Million Baht 2016 2Q17 3Q17 % QoQ % YTD

Current 3,691 2,587 3,381 30.7 (8.4)

Savings 51,928 52,787 53,018 0.4 2.1

Fixed Deposits 99,449 100,489 98,567 (1.9) (0.9)

Short-Term Bil l of Exchanges 5,967 5,537 8,312 50.1 39.3

Senior Debentures 57,039 55,271 51,921 (6.1) (9.0)

Total Deposits & Borrowings 218,073 216,670 215,198 (0.7) (1.3)

Subordinated Debentures 7,323 7,323 7,323

% LDR to Total Deposits & Borrowings 103.1 99.8 99.9

12

Non-Interest Income

Unit: Million Baht

Non-Interest Income from Core Businesses Non-Interest Income Breakdown

6.6% QoQ

3.9% YoY

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

AM, 19.9%

Brokerage,

12.7%

IB, 3.8%

Bancassurance,

41.0%

HP related ,

7.9%

Other, 14.7%

Banking fee,

63.6%

*Data as of 9M2017

8.5% YoY

Unit : Million Baht 3Q16 2Q17 3Q17 % QoQ % YoY 9M2016 9M2017 % YoY

Banking Fee* 931 971 1,004 3.4 7.8 2,804 2,980 6.3

Asset Management Basic Fee 273 304 325 6.9 19.2 783 930 18.7

Brokerage Fee 246 180 203 12.3 (17.6) 626 596 (4.8)

Investment Banking Fee 62 18 39 120.4 (37.5) 100 176 76.8

Non-Interest Income from Core

Businesses1,512 1,473 1,570 6.6 3.9 4,314 4,683 8.5

Trading Income & Incentive 60 6 57 873.9 (4.7) 34 61 80.2

Share of Profit from Investment

in Subsidiaries22 36 35 (3.1) 58.8 61 98 59.3

Dividend Income 25 7 99 1,258.1 302.7 79 138 75.0

Total Non-Interest Income 1,618 1,522 1,761 15.7 8.8 4,488 4,979 10.9

13

Provident Fund Mutual Fund Private Fund

Unit: Million Baht Unit: Million Baht Unit: Million Baht

Asset Management Business

TISCO Asset under Management

Unit: Million Baht Rank #9 2.9% QoQ

16.9% YTD

3.2% QoQ

10.1% YTD

Rank #3 1.2% QoQ

49.5% YTD

Rank #53.6% QoQ

17.4% YTD

Rank #15

*Remark: Market Share and Rankings as of August 2017

14

TISCO Trading Volume and Market Share

538,028 513,346 525,158

139,710 112,519 131,454

383,683 2.9% 2.8%

2.4%2.6% 2.6% 2.5% 2.6%

2014 2015 2016 1Q17 2Q17 3Q17 9M17

TISCO Volume (Million Baht) Market share (%)

TISCO Trading Volume by Customer

28% 28% 30% 28% 33% 33% 31%

27% 31% 31% 33% 28% 27% 30%

45% 42% 39% 39% 39% 40% 39%

2014 2015 2016 1Q17 2Q17 3Q17 9M17

Retail Investors Foreign Institution Local Institution

Brokerage Business

15

Operating Expenses

Cost to Income Ratio Cost to Total Assets Ratio

Remark: * Excluded expense from business promotion relating to HP business

Unit : Million Baht 3Q16 2Q17 3Q17 % QoQ % YoY 9M2016 9M2017 % YoY

Employees' Expenses 1,076 1,234 1,318 6.8 22.5 3,202 3,800 18.7

Premises & Equipment Expenses 236 268 277 3.4 17.4 694 795 14.4

Taxes & Duties 52 55 57 3.3 10.7 155 168 8.4

Other Expenses* 288 250 266 6.0 (7.7) 771 762 (1.2)

Total Operating Expenses 1,652 1,808 1,918 6.1 16.1 4,823 5,524 14.5

16

Capital Adequacy

30,240 30,901

34,542 34,260 35,387 35,980

16.8%18.0%

19.6% 19.8%20.5% 20.5%

12.6%14.0% 14.7% 14.9% 15.6% 15.6%

2014 2015 2016 1Q17 2Q17 3Q17*

Capital Base (MB)

BIS Ratio (%)

Tier I (%)

Capital Adequacy Ratio of TISCO Bank

Risk-Based Capital Exposure

3Q172Q17

*Remark: Projected Figures

Employees and Branch Network

17

Total Branch Network

2014 2015 2016 1Q17 2Q17 3Q17

56 57 57 57 56 56

91 101138

141 156 177

147158

195198 212

233

Bank Branch Loan Office

2014 2015 2016 1Q17 2Q17 3Q17

4,244 4,250 4,181 4,160 4,210 4,318

Total Employees

Total TISCO Employees

*Remark: Loan Office included Mobile Branches

SCBT Portfolio Acquisition

Unit: Million BahtApproximate Data

as of September 2017

Mortgage Loan 24,000

Personal Loan 5,000

Small Business Loan 3,400

Credit Card Loan 3,300

Total Assets 36,000

Mortgage

Loan, 67%

Personal

Loan, 14%

Small

Business

Loan, 10%

Credit

Card, 9%

18

SCBT Loan Portfolio Breakdown

Number of Bank Branches 5

Number of Staff 300

Portfolio Acquired from SCBT

TISCO Loan Portfolio after the Acquisition

Corporate, 19%

SME, 5%

Other, 1%

Hire Purchase,

67%

Personal Loan, 3%

Credit Card, 2%

Small Business

Loan, 2%Mortgage, 13%

Consumer Finance,

14%

Retail, 75%

Transferred on October 1, 2017

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.

19

20

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