TISCO Financial Group Public Co. Ltd. · SET:TISCO

TISCO Financial Group Public — H1 2021 Earnings Presentation

32 slides from TISCO Financial Group Public's earnings presentation, 2021

  1. Slide 1: TISCO Financial Group Public Co., Ltd. 2Q 2021 & 1H 2021

    TISCO Financial Group Public Co., Ltd. 2Q 2021 & 1H 2021

  2. Slide 2: TISCO Overview

    TISCO TISCO Overview

  3. Slide 3: Company Profile

    Company Profile Timelines 2018 2014 Completed the sale of Business Model Expanded personal loan and credit card Microfinance to Citibank N.A. “Selective Focus” through the brand Universal Bank “Somwang” 2008 2020 Restructured into holding company structure Co-Brand Alliance with CG Scoring 1973 Jeff

  4. Slide 4: TISCO Group Structure

    TISCO Group Structure TISCO Financial Group Pic." | 98.99%: 100% 4956 100% 100% 100% 100% 100% 100% TISCO TIscO TISCO Asset TIsco TIsco misco we Lipsy Tokyo Leaain Securities Mi <a t | | |rmrarce Sou Information 11 saming Cent shea Pic. Co, Lid, Y . gas $s mn) Technology ay berg Go., Ltd. Go. Lid, ©

  5. Slide 5: TISCO Businesses

    TISCO Businesses Retail Banking • Auto & Motorcycle Hire Purchase • TISCO Auto Cash • Mortgage Loan • SME & Inventory Financing • Life & Non-Life Insurance Corporate Banking • Corporate Lending & Financial Advisory • Investment Banking • Corporate Insurance Wealth & Asset Management • Deposit Servic

  6. Slide 6: Consolidated Loan Portfolio

    Consolidated Loan Portfolio Unit: Million Baht Thailand’s First Car Acquired Retail Buyer Scheme Banking Business from SCBT Sale of Personal Loan & Credit Card to Citibank Covid-19 Outbreak Took over Primus & GMAC Started SME Division Upgraded to Commercial Bank Growth 9.2% 56.6% -7.5% 22.4% 14.7% 1

  7. Slide 7: Profitability

    Profitability Profitability for the past decade Unit: Million Baht Growth 16.0% 45.3% 13.1% 13.4% 14.7% 0.0% 0.0% 17.8% 21.7% 15.2% 3.6% (16.6%) 21.8% YoY 7

  8. Slide 8: Business Profile as of 1H2021

    Business Profile as of 1H2021 Loan Profile Revenue Mix 8

  9. Slide 9: Share Capital Information

    Share Capital Information Total Shares 800,655,483 Ordinary Shares 800,645,624 Preferred Shares 9,859 No. of Shareholders 44,837 Foreign Shareholders 177 Local Shareholders 44,660 Shareholders by type (%) Institutional 75.7% Individual 24.3% Foreign limit (%) 49.0% *As of 30 Jun 2021 Free float (%)

  10. Slide 10: Recognitions and Awards

    Recognitions and Awards Best Company Performance from SET Awards 2018 & 2019 Top 5 Best Public Company of the Year 2021 from Money & Banking  Distinguished Financial Management from Thailand Corporate Excellence Awards 2018 by TMA and Sasin  Board of the Year Awards 2019 – Gold from Thai Institute

  11. Slide 11: Sustainability Development

    Sustainability Development For more information: https://www.tisco.co.th/en/sd/sustainability/index.html 11

  12. Slide 12: Financial Results

    TISCO Financial Results

  13. Slide 13: Profitability

    Profitability Net Profit Unit: Million Baht -5.5% +25.3% +21.8% QoQ YoY YoY ROAE & ROAA ROAE ROAA 13

  14. Slide 14: Consolidated Income Statements

    Consolidated Income Statements Unit : Million Baht 2Q20 1Q21 2Q21 % QoQ % YoY 1H2020 1H2021 % YoY Interest Income 4,122 3,776 3,754 (0.6) (8.9) 8,675 7,530 (13.2) Interest Expenses (994) (666) (605) (9.2) (39.1) (2,089) (1,271) (39.1) Net Interest Income 3,128 3,110 3,149 1.2 0.7 6,586 6,259 (5.0) F

  15. Slide 15: Assets and Liabilities

    Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht -4.8% -7.1% -4.2% -7.6% QoQ YTD QoQ YTD Unit : Million Baht 2020 1Q21 2Q21 % QoQ % YTD Unit : Million Baht 2020 1Q21 2Q21 % QoQ % YTD Deposits & Loans 224,812 220,757 213,995 (3.1) (4.8) 209,679 201,408 189,237 (6.0) (9.

  16. Slide 16: Loan Portfolios

    Loan Portfolios Total Loans Unit: Million Baht -3.1% -4.8% Retail Loans -2.8% QoQ YTD QoQ -5.4% YTD -4.2% Corporate Loans QoQ -2.4% YTD Loans by sectors -4.0% SME Loans QoQ -4.2% YTD 16

  17. Slide 17: Retail Loan Portfolio Breakdown

    Retail Loan Portfolio Breakdown Unit: Million Baht -2.8% QoQ -5.4% YTD -3.3% QoQ -6.0% YTD -0.7% QoQ -1.8% QoQ -4.6% YTD -3.8% QoQ -1.6% YTD +1.3% QoQ -7.9% YTD +4.3% YTD 17

  18. Slide 18: TISCO Auto Cash

    TISCO Auto Cash Auto Cash Loans Unit: Million Baht Auto Cash -1.8% -4.6% QoQ YTD Somwang -1.5% -3.7% Loan Generated through QoQ YTD Somwang channel Somwang Loans vs NPLs Somwang Branches Unit: Million Baht 18

  19. Slide 19: Industry Car Sale & Penetration Rate

    Industry Car Sale & Penetration Rate Industry New Car Sale Units 110,000 80,000 50,000 20,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO’s Auto HP Penetration Rate TISCO’s Penetration Rate Industry Car Sale (‘000 units) +12.6% 6M YTD 19

  20. Slide 20: Interest Income & NIM

    Interest Income & NIM Yield on Loans Net Interest Income Unit: Million Baht Loan Spread -5.0% YoY +1.2% +0.7% QoQ YoY Cost of Funds Loan Spread NIM 20

  21. Slide 21: Asset Quality

    Asset Quality Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht NPLs Stage 2 Stage 1 2020 1Q21 2Q21 NPLs by Loan Types Million Baht % Million Baht % Million Baht % Corporate - - - - - - SME 64 0.6 78 0.8 96 1.0 Hire Purchase 3,268 2.6 3,157 2.5 3,366 2.8 Mortgage 986 7.1

  22. Slide 22: Debt Relief Programs

    Debt Relief Programs Loans under debt relief programs % to total loans Soft loans for SMES 22

  23. Slide 23: Expected Credit Loss

    Expected Credit Loss Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht TFRS 9 Coverage Ratio Excess Reserve General Provision Expected Credit Loss (ECL) Specific Provision 23

  24. Slide 24: Funding

    Funding Total Funding Unit: Million Baht -6.0% -9.7% QoQ YTD Unit : Million Baht 2020 1Q21 2Q21 % QoQ % YTD Current 3,200 2,496 2,731 9.4 (14.7) Savings 50,320 46,310 47,936 3.5 (4.7) Fixed Deposits 149,953 149,346 130,383 (12.7) (13.1) Short-Term Bill of Exchanges 37 37 37 - - Senior Debentures 6,1

  25. Slide 25: Non-Interest Income

    Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Data for 6M2021 Unit: Million Baht +10.6% YoY -18.5% +13.3% QoQ YoY Unit : Million Baht 2Q20 1Q21 2Q21 % QoQ % YoY 1H2020 1H2021 % YoY Banking Fee 668 828 723 (12.7) 8.3 1,644 1,551 (5.6)

  26. Slide 26: Asset Management Business

    Asset Management Business Assets Under Management Rank #1 Unit: Million Baht +2.4% +10.2% Provident Fund QoQ YTD +1.6% QoQ +4.5% YTD Rank #13 Mutual Fund +6.0% QoQ +34.6% YTD Rank #8 Rank #6 Private Fund +1.4% QoQ +8.1% YTD 26

  27. Slide 27: Brokerage Business

    Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht Trading Volume by Customers 27

  28. Slide 28: Operating Expenses

    Operating Expenses Operating Expenses Unit: Million Baht +8.5% YoY Cost to Income Ratio +0.3% +14.1% QoQ YoY Unit : Million Baht 2Q20 1Q21 2Q21 % QoQ % YoY 1H2020 1H2021 % YoY Employee Expenses 1,153 1,452 1,422 (2.1) 23.3 2,492 2,875 15.3 Premises & Equipment Expenses 322 317 353 11.5 9.8 643 670 4

  29. Slide 29: Capital Adequacy

    Capital Adequacy Capital Base of TISCO Bank Unit: Million Baht Capital Adequacy Ratio BIS Ratio Tier I Ratio Min. Required by BOT 11.0% BIS Ratio 8.5% Tier I Ratio 29

  30. Slide 30: Employees and Branch Network

    Employees and Branch Network Total Employees Employees Total Branch Network Somwang Loan Offices Bank Branches 30

  31. Slide 31: Investor Relations

    Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo

  32. Slide 32: TISCO

    TISCO

TISCO Financial Group Public — H1 2021 Earnings Presentation on 6ix