TISCO Financial Group Public Co., Ltd.

Analyst Meeting 2Q 2015

July 15, 2015

2Q 2015 Financial Results

3

Consolidated Income Statements

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

Unit : Million Baht 2Q14 1Q15 2Q15 % QoQ % YoY 1H14 1H15 % YoY

Interest Income 4,773 4,374 4,263 (2.5) (10.7) 9,690 8,637 (10.9)

Interest Expenses (2,396) (1,974) (1,815) (8.1) (24.3) (5,048) (3,789) (24.9)

Net Interest Income 2,377 2,400 2,448 2.0 3.0 4,642 4,848 4.4

Fee & Service Income 1,299 1,302 1,348 3.5 3.7 2,583 2,650 2.6

Fee & Service Expenses (48) (58) (46) (21.4) (3.9) (96) (104) 8.4

Other Operating Income* 174 319 180 (43.6) 3.1 311 498 60.2

Total Non-Interest Income 1,426 1,563 1,481 (5.2) 3.9 2,798 3,044 8.8

Total Income 3,803 3,962 3,930 (0.8) 3.3 7,440 7,892 6.1

Operating Expenses* (1,355) (1,501) (1,434) (4.5) 5.8 (2,642) (2,934) 11.1

PPOP 2,448 2,462 2,496 1.4 2.0 4,798 4,958 3.3

Provisions (1,220) (972) (1,244) 28.0 2.0 (2,395) (2,215) (7.5)

Pre-tax Profit 1,228 1,490 1,252 (16.0) 1.9 2,403 2,742 14.1

Income Tax (239) (292) (243) (16.6) 1.7 (470) (535) 13.9

Net Profit 992 1,192 1,004 (15.8) 1.2 1,926 2,196 14.0

EPS (Baht) 1.24 1.49 1.25 2.41 2.74

ROAE (%) 16.8 18.1 15.1 16.6 16.9

4

Assets and Liabilities

6.4% YTD

Assets Liabilities

1.6% QoQUnit: Million Baht Unit: Million Baht

7.2% YTD

1.6% QoQ

Unit : Million Baht 2014 1Q15 2Q15 % QoQ % YTD

Loans - Net 262,784 254,437 249,341 (2.0) (5.1)

Allowance (6,950) (7,096) (7,650) 7.8 10.1

Investments 15,003 15,673 9,298 (40.7) (38.0)

Interbank & MM 38,058 30,057 37,003 23.1 (2.8)

Other Assets 8,779 9,136 9,287 1.7 5.8

Total Assets 317,674 302,207 297,279 (1.6) (6.4)

Unit : Million Baht 2014 1Q15 2Q15 % QoQ % YTD

Deposits & ST

Borrowings264,147 246,433 240,444 (2.4) (9.0)

Interbank & MM 10,897 11,305 12,917 14.3 18.5

Debentures 6,643 6,643 6,643 - -

Other Liabil ities 10,162 10,833 10,828 (0.0) 6.6

Total Liabilities 291,850 275,214 270,833 (1.6) (7.2)

Retained Earnings 15,025 16,219 15,627 (3.6) 4.0

Total Equities 25,824 26,992 26,446 (2.0) 2.4

5

Loan Portfolio

Corporate LoansRetail Loans SME Loans

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

Total Loan Portfolio

Unit: Million Baht2.0% QoQ

5.1% YTD

2.3% QoQ

4.8% YTD

2.6% QoQ

1.7% YTD

10.3% QoQ

11.6% YTD

6

Retail Loan Portfolio

Retail Loan Breakdown

7

Industry Car Sales and Penetration Rate

-

40,000

80,000

120,000

160,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Units

2012

2013

2014

2015

TISCO Auto HP Penetration Rate

Industry New Car Sales

794

1,4361331

882

224 217 207 233 198110

309

11.0%

8.4% 8.5%

7.5% 7.6% 7.7%

6.6%

7.7%

9.8%

8.4%

7.3%

2011 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 Apr-

May15

5M15

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

8

Loan Spread and Net Interest Margin

3.03.1

3.3

3.03.2

3.43.5 3.5

3.7

2.8 2.82.9

2.7

2.93.1 3.1 3.1

3.3

2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15

% Loan Spread

% NIM

6.6 6.6 6.5 6.5 6.5 6.5 6.5 6.4 6.4

3.0 3.1

3.3

3.0 3.2

3.4 3.5 3.5 3.73.6 3.5

3.2

3.5 3.3

3.1 3.0 2.9 2.8

2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15

% 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

3,095

4,964

6,750

5,363

6,363 6,465 6,750 6,742 7,137 1.3%

1.7%

2.6%1.9%

2.3% 2.4% 2.6% 2.7% 2.9%

2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15

Total NPL % NPLUnit: Million Baht

Million Baht % Million Baht % Million Baht %

Corporate 258 0.5 333 0.7 311 0.6

SME 239 1.1 267 1.2 414 2.1

Hire Purchase 5,522 3.3 5,370 3.3 5,644 3.6

Mortgage 96 7.3 96 6.8 97 7.6

Others 635 2.9 677 3.2 671 3.2

Total NPL 6,750 2.57 6,742 2.65 7,137 2.86

NPL by Loan Type2014 2Q151Q15

3,105

3,986 4,124 3,836 4,057 4,040 4,124 4,100

4,959 5,122

6,331 6,950

6,459 6,674 6,809 6,950 7,096 7,650

2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15

Minimum Required Provision Actual Provision

Provisions

10

Provision Expense and Credit Cost

1,922

4,141 4,426

1,176 1,220 1,138 894 972

1,244

0.9%

1.6% 1.6% 1.7% 1.8% 1.7%1.3%

1.5%2.0%

2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15

Provision expense (Million Baht) % Credit cost

Minimum Required Provision vs Actual Provision

Unit: Million Baht

Excess Reserve

= 2,690

Unit: Million Baht

Deposits

11

Total Deposits & Bill of Exchanges

Unit: Million Baht 2.4% QoQ

9.0% YTD

Unit : Million Baht 2014 1Q15 2Q15 %QoQ %YTD

Current 2,917 3,382 3,392 0.3 16.3

Savings 49,606 51,809 52,907 2.1 6.7

Fixed Deposits 152,860 144,958 128,056 (11.7) (16.2)

Short-Term Bill of Exchanges 7,706 6,051 7,395 22.2 (4.0)

Short-Term Debentures 51,057 40,233 48,695 21.0 (4.6)

Total Deposits & ST Borrowings 264,147 246,433 240,444 (2.4) (9.0)

Debentures 6,643 6,643 6,643

% LDR to Total Deposits & Bil l of Exchanges 99.5 103.2 103.7

12

Non-Interest Income

Unit: Million Baht

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

0.2% QoQ

4.3% YoY

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

5.3% YoY

Unit : Million Baht 2Q14 1Q15 2Q15 % QoQ % YoY 1H14 1H15 % YoY

Banking Fee* 932 881 872 (1.1) (6.4) 1,898 1,753 (7.6)

Asset Management Fee 225 293 311 6.3 38.6 436 604 38.7

Brokerage Fee 201 250 194 (22.2) (3.4) 368 445 21.0

Investment Banking Fee 3 3 47 1,348.4 1,357.4 7 50 620.1

Non-Interest Income from Core

Businesses1,361 1,428 1,425 (0.2) 4.7 2,708 2,852 5.3

Trading Income & Incentive 56 113 54 (52.0) (2.8) 83 167 100.8

Share of Profit from Investment

in Subsidiaries13 21 35 70.1 164.3 26 56 114.6

Dividend Income 44 60 13 (77.9) (69.6) 77 74 (4.9)

Total Non-Interest Income 1,474 1,621 1,527 (5.8) 3.6 2,894 3,148 8.8

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 1.6% QoQ

4.3% YTD

2.2% QoQ

3.2% YTD

Rank #4 0.4% QoQ

0.7% YTD

Rank #81.4% QoQ

13.5% YTD

Rank #14

*Rankings & Market Share as of May 2015

14

TISCO Trading Volume and Market Share

408,339

625,096

538,028

96,850 119,921

153,247 168,011 150,600 123,143

3.1% 3.1%2.9% 3.0% 2.9% 2.8%

3.0%2.7%

3.2%

2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15

TISCO Volume (Million Baht) Market share (%)

TISCO Trading Volume by Customer

21% 24% 28% 30% 28% 30% 26% 27% 32%

33%35% 27%

34%27% 22% 28% 25%

35%

46% 41% 45%36%

45% 49% 46% 48%33%

2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15

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 2Q14 1Q15 2Q15 % QoQ % YoY 1H14 1H15 % YoY

Employees' Expenses 841 990 889 (10.2) 5.7 1,650 1,879 13.9

Premises & Equipment Expenses 231 231 237 2.2 2.6 445 468 5.3

Taxes & Duties 58 56 53 (4.3) (7.7) 112 109 (2.8)

Other Expenses* 226 223 255 14.2 12.9 435 478 9.9

Total Operating Expenses 1,355 1,501 1,434 (4.5) 5.8 2,642 2,934 11.1

16

Capital Adequacy

22,006

25,746

30,240

27,170 28,897

29,920 30,240 30,447 31,753

13.3% 13.4%

16.8%

14.3%15.4%

16.6% 16.8% 17.1% 17.5%

9.0% 9.2%

12.6%

9.4%

11.5%12.5% 12.6% 12.7% 13.1%

2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15*

Capital Base (MB)

BIS Ratio (%)

Tier I (%)

Capital Adequacy Ratio of TISCO Bank

Risk-Based Capital Exposure

1Q15 2Q15

Remark: * Projected Figure

Employees and Branch Network

17

Total Branch Network Total TISCO Employees

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.

18

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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