Krungthai Card Public Co. Ltd. · SET:KTC
Krungthai Card Public — 9M2025 Earnings Presentation
22 slides from Krungthai Card Public's earnings presentation, Dec 4, 2025
Slide 1: KTC Performance 9M2025
KTC PERFORMANCE 9M2025 AA Since Apr- 2025
Slide 2: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 2025 5 KTC Sustainability 2
Slide 3: KTC Overview
KTC Overview • Incorporated in 1996 as a credit card servicing subsidiary company of Krungthai Bank PLC • In July 2002, KTB sold the credit card portfolio to KTC which subsequently transformed KTC into a full consumer finance company Shareholder KTC Holding Structure Structure Thai Top 5 Shareholder
Slide 4: Business Structure & BOT Regulations
Business Structure & BOT Regulations %Gross Receivables Credit Card Personal Auto Title Personal Loan Loan Loan Credit Card 33.5% 65.0% Multipurpose Multipurpose Multipurpose Type of Loan Unsecured Unsecured Secured or Unsecured Nationwide Nationwide Nationwide 106,913 Million Baht Minimum Income 15
Slide 5: KTC Debt Restructuring & BOT Program "You Fight, We Help" Phase II
KTC Debt Restructuring & BOT Program “You Fight, We Help” Phase II ▪ The minimum monthly 1H25 Assistance Interest payment is 8%, effective 0.5% Measure Rate Period through the end of 2025. 2H25 of outstanding Minimum ▪ Pay 8% or more monthly to earn cashback, which balance 0.25% Payment of outstandi
Slide 6: Key Highlights 9M2025
Key Highlights 9M2025 Unit: THB Million Net Profit Credit Card Total Revenue (The Owner of the Parent) Spending 20,550 0.6% (YoY) 5,707 2.8% (YoY) 219,572 3.8% (YoY) Total Portfolio Credit Card Personal Loan Leasing (Gross A/R) 69,451 35,836 1,627 106,913 0.7% 0.5% 3.0% 28.8% (YoY) (YoY) (YoY) (YoY)
Slide 7: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 2025 5 KTC Sustainability 7
Slide 8: Financial Result 9M2025
Financial Result 9M2025 Total Revenue Total Expense 20,550 MB 0.6% YoY 13,116 MB 3.0% YoY Unit: THB Million Cost to Income 34.9% 34.6% 35.0% 35.2% 35.3% 27,456 2022 2023 2024 9M24 9M25 25,418 23,231 4,110 3,249 Total Operating Expense 7,261 MB 1.0% YoY Unit: THB Million 3,421 20,434 20,550 5,557 6,3
Slide 9: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Allowance for ECL 4,561 MB Separate Consolidated 8.5% YoY 8.4% 8.7% 7.8% Credit Cost 7.2% 7.2% Separate Consolidated 8.2% 8.0% 7.3% 6.7% 6.7% Unit: THB Million 6.1% 6.3% 5.7% 4.7% 5.2% 8,792 9,763 7,966 7,610 8,354 5.9% 6.1% 5.6% 4.7% 5.0% Unit: THB Million
Slide 10: Financial Position & Funding
F inancial Position & unding Balance Sheet Highlight Interest Bearing Debt (Original Term) Unit: THB Billion Unit: THB Billion 112.8 111.1 66.9 101.8 105.4 70.00 61.9 62.3 10.00% 55.7 9.00% 77.0 60.00 70.2 71.2 8.00% 63.4 50.00 7.00% 39.9 42.1 31.6 35.8 71% 68% 6.00% 74% 40.00 2.22 2.15 1.78 1.51 68
Slide 11: Key Financial Ratio
Key Financial Ratio Yield on Loan & NIM & COF Net Profit Margin Yield on Loan NIM COF Separate Consolidated 14.6% 14.8% 14.5% 14.7% 14.8% 31.1% 28.9% 28.7% 13.2% 13.2% 12.9% 13.1% 13.2% 27.6% 27.7% 30.5% 28.7% 27.1% 27.2% 27.8% 2.39% 2.64% 2.79% 2.83% 2.93% 2022 2023 2024 9M24 9M25 2022 2023 2024 9M
Slide 12: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 2025 5 KTC Sustainability 12
Slide 13: Credit Card Industry & Market Share
Credit Card Industry & Market Share 50.0% Credit Card Penetration GDP Growth (%YoY) Total Credit Card Total Credit Card PCE (THB Trillion) 30.0% Spending (THB Trillion) Spending (%) 3.1% 3.4% 4.2% 4.2% 2.2% 2.6% 1.9% 2.5% 2.8% 1.6% 10.0% -6.2% 12.00 10.34 10.82 -10.0% 9.47 90.0% 10.00 8.00 8.30 8.42
Slide 14: Credit Card Performance
Credit Card Performance Portfolio Portfolio Growth Quality 15.4% 2.47% 2.47% KTC NPL 2.12% 2.16% 7.2% 1.90% (%YoY) Industry 1.8% 0.5% Industry 8.5% (%YoY) 3.3% NPL KTC -0.7% -1.6% 1.25% 1.06% 1.15% 1.14% 1.15% 74,441 73,954 69,462 69,451 923 791 730 851 793 2022 2023 2024 9M25 2022 2023 2024 1H25 9M
Slide 15: Personal Loan Performance
Personal Loan Performance Portfolio Portfolio Growth Quality 17.9% Industry 3.52% 3.40% 13.5% NPL 2.93% 3.09% 3.17% (%YoY) Industry KTC 1.3% 3.0% 2.81% 2.99% (%YoY) 10.4% NPL KTC 2.46% 2.40% 7.5% 2.32% 1.1% -0.7% 896 1,024 853 32,283 34,716 35,096 35,836 812 850 2022 2023 2024 9M25 2022 2023 2024 1H
Slide 16: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 2025 5 KTC Sustainability 16
Slide 17: Target vs Actual 2025
Target vs Actual 2025 Actual Target Actual Unit: THB Million Y2024 Y2025 9M25 Net Profit 7,437 > 7,437 5,707 Total Portfolio Growth 1.1% 4-5% 0.7% Portfolio Quality (%NPL) 1.95% ≤ 2.0% 1.85% Credit Card Spending Growth (%) 10.1% 10% 3.8% KTC PROUD Portfolio 0.6% Growth (%) (0-90 Days) 3% 0.8% New Bo
Slide 18: Target 2026
Target 2026 Total Portfolio Credit Card Personal Loan Net Profit Portfolio Quality Spending Portfolio Growth (%NPL) Growth Growth >Y2025 1-2% ≤ 2.0% 5% 2%
Slide 19: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 2025 5 KTC Sustainability 19
Slide 20: KTC Sustainability
KTC Sustainability KTC is a member company in the payment and retail lending business Vision with an emphasis on being a trusted organization with sustainable growth To provide better financial products and services to enhance Purpose quality of life for all Thais Activities Economic Dimension Socia
Slide 21: Appendix | KTC Ratio Formula
Appendix | KTC Ratio Formula Cost to Income Total Operating Expense / Total Revenue Credit Cost Expected Credit Loss (ECL) / Total Gross A/R %NPL (Total Stage 3 (Excluding Accrued Interest)) / Total Gross A/R (Excluding Accrued Interest) NPL Coverage Ratio Total Allowance / (Total Stage 3 + NPL (Exc
Slide 22: Thank You
THANK YOU irktc@ktc.co.th Disclaimer: This presentation is intended only for use by Krungthai Card Public Company Limited (KTC). No copy or use of this presentation should occur without the permission of KTC. KTC retains all intellectual property interests associated with the presentation. KTC makes
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