TISCO Financial Group Public Company Limited

SET Opportunity Day

August 6, 2019

Company Profile

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

� The first to introduce hire purchase financing product to retail

clients and 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

� Expanded Microfinance through the brand “Somwang” in 2014

� Transferred retail banking business from Standard Chartered

Bank (Thai) on October 1, 2017

� Sold personal loan and credit card business in 2018 to focus in

secured lending business

Business Model “Selective Focus” universal bank

CG Scoring Excellent

Credit Rating A- (Stable)

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Key Metrics

Unit: Million Baht 2018 1H2019

Total Assets 302,545 292,386

Total Loans 240,654 241,215

Total Funding Deposits 241,985 225,400

Capital Ratio (BIS %) 22.9 23.5

Market Capitalization 62,651 74,860

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 2019)

High (Baht) 94.00

Low (Baht) 78.75

Average (Baht) 87.24

Par value (Baht) 10.0

Market capitalization (Baht, MM) 74,860

Foreign limit (%) 49.0%

Free float (%) 79.9%

Dividend Payout (%) 79.9%

Data as of June 2019

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Group Business Mix

Revenue ContributionLoan Composition

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Group Performance

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“ROAE remained strong, maintaining top-tier in the industry.” “ROAE remained strong, maintaining top-tier in the industry.”

Unit : Million Baht 2017 2018 % YoY 1H18 1H19 % YoY

Net Interest Income 11,567 12,615 9.1 6,426 6,210 (3.4)

Non-Interest Income 6,827 7,418 8.7 3,864 3,033 (21.5)

Income 18,394 20,033 8.9 10,290 9,243 (10.2)

Operating Expense (7,671) (8,753) 14.1 (4,426) (4,622) 4.4

PPOP 10,723 11,280 5.2 5,864 4,621 (21.2)

Provisions (3,079) (2,701) (12.3) (1,449) (220) (84.8)

Pre Tax Profit 7,645 8,578 12.2 4,415 4,401 (0.3)

Net Profit 6,090 7,016 15.2 3,475 3,528 1.5

ROAE (%) 18.5 19.4 20.3 19.2

Balance Sheet

LiabilitiesLiabilities

Unit: Million BahtUnit: Million Baht

Assets Assets

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LoansLoans

Unit: Million Baht

Loans increased by 0.2% (YTD) from

core businesses, particularly hire

purchase and Auto Cash loan.

Loans increased by 0.2% (YTD) from

core businesses, particularly hire

purchase and Auto Cash loan.

-3.4% YTD -3.1% YTD

+0.2% YTD

Net Interest Income

� Net interest income stood strong

following the growth in high-yield

loans.

� NIM further improved from the

decline in excess liquidity.

� Net interest income stood strong

following the growth in high-yield

loans.

� NIM further improved from the

decline in excess liquidity.

Unit: Million Baht

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+9.1% YOY

-3.4% YOY

Non-interest Income

In 2018, non-interest income grew substantially from

� Strong banking fee from bancassurance business.

� Recorded extraordinary gain on selling investment and

share of profit from investment in subsidiaries.

Meanwhile, non-interest income weakened in 1H2019

mainly from the absence of extraordinary income.

� Fee from capital market softened following weaker

market condition.

� Bancassurance fee continued to grow along with new

business volume.

In 2018, non-interest income grew substantially from

� Strong banking fee from bancassurance business.

� Recorded extraordinary gain on selling investment and

share of profit from investment in subsidiaries.

Meanwhile, non-interest income weakened in 1H2019

mainly from the absence of extraordinary income.

� Fee from capital market softened following weaker

market condition.

� Bancassurance fee continued to grow along with new

business volume.

Unit: Million Baht

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+8.7% YOY

-21.5% YOY

Data as of 1H2019

Asset Quality

Unit: Million Baht

NPL ratio increased following the adjustment in

loan classification and some seasonal overdue.

NPL ratio increased following the adjustment in

loan classification and some seasonal overdue.

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Credit expense to average loan dropped reflecting

the setup of provision according to credit profile,

as well as a partial reduction of excess reserve.

Credit expense to average loan dropped reflecting

the setup of provision according to credit profile,

as well as a partial reduction of excess reserve.

Capital Adequacy

Unit: Million Baht

� Strong capital adequacy with BIS ratio

at 23.5% and Tier I ratio at 18.5%

� Adequate capital base for future

growth opportunity.

� Strong capital adequacy with BIS ratio

at 23.5% and Tier I ratio at 18.5%

� 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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