Krungthai Card Public Co. Ltd. · SET:KTC
Krungthai Card Public — FY2025 Earnings Presentation
26 slides from Krungthai Card Public's earnings presentation, Feb 16, 2026
Slide 1: KTC Performance Y2025
KTC PERFORMANCE Y2025 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 (As of 30 Dec 2025) KTB & KTC Structure Business Syner
Slide 4: Business Structure & BOT Regulations
Business Structure & BOT Regulations %Gross Receivables Credit Card Personal Auto Title Personal Loan Loan Loan Credit Card 32.4% 66.2% Multipurpose Multipurpose Multipurpose Type of Loan Unsecured Unsecured Secured or Unsecured Nationwide Nationwide Nationwide 111,585 Million Baht Minimum Income 15
Slide 5: BOT Debt Relief Measure
BOT Debt Relief Measure Responsible Lending 2024 Debt Restructuring / Persistent Debt 2025 “You Fight, We Help” Program 2026 “Clear Debt, Move Forward” Scheme Eligibility Severe Persistent Debt ▪ Not classified as NPL BOT Program “You Fight, We Help” Phase II ▪ Paid more interest than principal over
Slide 6: Key Highlights Y2025
Key Highlights Y2025 Unit: THB Million Net Profit Credit Card Total Revenue (The Owner of the Parent) Spending 27,695 0.9% (YoY) 7,782 4.6% (YoY) 302,527 3.6% (YoY) Total Portfolio Credit Card Personal Loan Leasing (Gross A/R) 73,876 36,202 1,507 111,585 0.4% 0.1% 3.2% 28.6% (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 Y2025
Financial Result Y2025 Total Revenue Total Expense 27,695 MB 0.9% YoY 17,239 MB 5.2% YoY Unit: THB Million Cost to Income 34.9% 34.6% 35.0% 34.8% 27,456 27,695 2022 2023 2024 2025 25,418 4,110 4,038 1.7% YoY 23,231 3,249 Total Operating Expense 9,639 MB 0.2% YoY Unit: THB Million 3,421 6,378 6,513 2
Slide 9: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Allowance for ECL 5,906 MB Separate Consolidated 12.7% YoY 8.4% 8.7% 7.5% 7.2% Credit Cost Separate Consolidated 8.0% 8.2% 7.1% 6.7% 6.1% 9,763 5.2% 5.3% 8,792 7,966 8,424 4.7% 5.0% 5.9% 5.2% 4.7% 2022 2023 2024 2025 Unit: THB Million 2022 2023 2024 2025 All
Slide 10: Financial Position & Funding
F inancial Position & unding Balance Sheet Highlight Interest Bearing Debt (Original Term) 80.00 10.00% Unit: THB Billion Unit: THB Billion 112.8 111.1 110.5 66.9 9.00% 62.3 70.00 101.8 61.6 57.1 8.00% 60.00 77.0 70.2 71.2 7.00% 66.5 50.00 6.00% 39.9 44.0 71% 35.8 68% 2.22 31.6 74% 62% 40.00 5.00% 2
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% 14.6% 31.1% 30.1% 13.2% 13.2% 13.1% 28.9% 12.9% 27.6% 30.5% 28.7% 28.1% 2.39% 2.64% 2.79% 2.84% 27.1% 2022 2023 2024 2025 2022 2023 2024 2025 ROE & ROA EPS & Dividend Payout
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 Credit Card Penetration GDP Growth (%YoY) Total Credit Card Total Credit Card PCE (THB Trillion) Spending (THB Trillion) Spending (%) 3.1% 3.4% 4.2% 4.2% 2.6% 2.5% 2.1% 1.6% 2.0% 1.2% -6.1% 12.00 10.32 10.82 9.48 90.0% 8.41 8.31 8.46 8.29 10.00 7.58 8.00 7.06 7.30
Slide 14: Credit Card Performance
Credit Card Performance Portfolio Portfolio Growth Quality 2.47% 2.47% 15.4% KTC NPL 1.90% 2.01% (%YoY) 7.2% Industry 1.8% Industry -0.1% (%YoY) 8.5% NPL KTC 3.3% -0.7% 1.25% -4.5% 1.06% 1.15% 1.09% 69,462 74,441 73,954 73,876 923 730 851 802 2022 2023 2024 2025 2022 2023 2024 2025 Total Credit Card
Slide 15: 2026 Credit Card Marketing
2026 Credit Card Marketing Q1: Selective growth in a slower market : Deliver smarter valued and a better experience Key highlights include: • Overall consumer spending remained cautions amid economic slowdown However, cardmembers continued to spend during festive season—especially across dining, sho
Slide 16: 2026 Credit Card Marketing: Q1 Key Activities
2026 Credit Card Marketing: Q1 Key Activities Value-Led offers Festive Moment Always-on / Monthly QR Pay via KTC Mobile New KTC Website (KTC FOREVER points Activations Promo Rollout (Card Scan-to-Pay) Launch (UX/UI & Search and installment flexibility) Upgrade) Combined strong privileges with Levera
Slide 17: Personal Loan Performance
Personal Loan Performance Portfolio Portfolio Growth Quality 17.9% 3.52% 3.42% 3.11% Industry 2.93% 13.5% NPL (%YoY) Industry KTC 2.81% 2.99% 1.3% 3.2% 2.46% 2.55% (%YoY) 10.4% NPL KTC 7.5% 1.1% 0.2% 1,024 896 853 911 34,716 35,096 36,202 32,283 2022 2023 2024 2025 2022 2023 2024 2025 Total Personal
Slide 18: Personal Loans Activities
Personal Loans Activities Preparing for usage needed after long holidays and seasonal occasions, for example, Chinese New Year, school break, and Songkran homecoming KTC PROUD Marketing Activities • Implement the new version E-Application on KTC Mobile which enhance acquisition journey for faster ap
Slide 19: Personal Loans Activities
Personal Loans Activities Preparing for usage needed after long holidays and seasonal occasions, for example, Chinese New Year, school break, and Songkran homecoming KTC P BERM Marketing Activities • Prepare for product refinement to create more competitiveness in term of attractive entry rate, then
Slide 20: 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 20
Slide 21: Target vs Actual 2025
Target vs Actual 2025 Actual Target Actual Unit: THB Million Y2024 Y2025 Y2025 Net Profit 7,437 > 7,437 7,782 Total Portfolio Growth 1.1% 4-5% 0.4% Portfolio Quality (%NPL) 1.95% ≤ 2.0% 1.79% Credit Card Spending Growth (%) 10.1% 10% 3.6% KTC PROUD Portfolio 0.6% Growth (%) (0-90 Days) 3% 1.4% New B
Slide 22: 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 23: 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 23
Slide 24: KTC Sustainability
KTC is a member company in the payment and retail lending business KTC Sustainability Vision with an emphasis on being a trusted organization with sustainable growth Purpose To provide better financial products and services to enhance quality of life for all Thais Activities Economic Dimension Socia
Slide 25: 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 26: 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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