KBank Announces Share Repurchase Project of up to 47.39 Million Shares in the Maximum Amount up to Baht 8,800 Million, to Enhance the Efficiency of Capital Management

KBank has announced a share repurchase project for financial management purposes, with a maximum amount not exceeding Baht 8,800 million and a maximum of 47.39 million shares to be repurchased. The shares will be repurchased through the automatic order matching system of the Stock Exchange of Thailand (the SET) during the period from 14 November 2025 to 13 May 2026 to enhance the efficiency of capital management, while maintaining a strong capital sufficient to support future business expansion.

Mr. Chongrak Rattanapian, President of KASIKORNBANK (KBank), stated that the Bank's Board of Directors has resolved to approve the share repurchase project for financial management purposes, with a total amount not exceeding Baht 8,800 million and a maximum of 47,386,552 shares, representing no more than 2% of the Bank's total paid-up capital. The repurchases will be executed via the SET's automatic order matching system during the period from 14 November 2025 to 13 May 2026. The repurchase price shall not exceed the average closing price in the period of 5 consecutive business days prior to each repurchase date plus 15% of such average closing price. The funds for this share repurchase project will be sourced entirely from the Bank's liquidity.

The objectives of the share repurchase is to optimize the Bank's capital management by taking into account the adequacy of the capital, excess liquidity, and appropriate returns to the Bank's shareholders. KBank currently maintains a strong capital adequacy ratio, sufficient to support future business operations under both normal and crisis conditions. As of the end of the third quarter of 2025, KASIKORNBANK FINANCIAL CONGLOMERATE's capital adequacy ratio stood at 21.60%. The Bank has taken into account various factors for capital management approach, including market conditions, business performance, and capital level. The Bank believes that a share repurchase is one of the appropriate options under the current market conditions to further enhance capital management efficiency. The share repurchase will reduce the book value of shareholders' equity and the number of the Bank's outstanding shares. This will result in an increase in the return on equity (ROE) and earnings per share (EPS), thereby allowing the share price to better reflect its intrinsic value, which will directly benefit the Bank's shareholders.

Mr. Chongrak reaffirmed the Bank continues to operate prudently and is committed to delivering sustainable value for all stakeholders, reinforcing the position as a most trusted bank. The Bank will continue to pursue the execution of K-Strategy 3+1 and focus on productivity improvement to reinforce its financial strength and generate long-term, stable, and sustainable returns.

For more information, please contact

Corporate Communications Department Corporate Secretariat Division KASIKORNBANK PCL

Tel. 0-2470-6900 to 1, 0-2470-2660 to 1

Email: IR@kasikornbank.com

DISCLAIMER: This document is intended to provide material information relating to investment or product in discussion and for reference during discussion, presentation or seminar only. It does not represent or constitute an advice, offer, contract, recommendation or solicitation and should not be relied on as such. In preparation of this document, KASIKORNBANK PUBLIC COMPANY LIMITED ("KBank") has made several crucial assumptions and relied on the financial and other information made available from public sources, and thus KBank assumes no responsibility and makes no representations with respect to accuracy and/or completeness of the information described herein. Before making your own independent decision to invest or enter into transaction, the recipient of the information ("Recipient") shall review information relating to service or products of KBank including economic and market situation and other factors pertaining to the transaction as posted in KBank's website at URL https://www.kasikornbankgroup.com and in other websites including to review all other information, documents prepared by other institutions and consult financial, legal or tax advisors each time. The Recipient understands and acknowledges that the investment or execution of the transaction may be the transaction with low liquidity and that KBank shall assume no liability for any loss or damage incurred by the Recipient arising out of such investment or execution of the transaction. The Recipient also acknowledges and understands that the information so provided by KBank does not represent the expected yield or consideration to be received by the Recipient arising out of the execution of the transaction. Further the Recipient should be aware that the transaction can be highly risky as the markets are unpredictable and there may be inadequate regulations and safeguards available to the Recipient. KBank reserves the rights to amend either in whole or in part of information so provided herein at any time as it deems fit and the Recipient acknowledges and agrees with such amendment. Where there is any inquiry, the Recipient may seek further information from KBank or in case of making complaint, the Recipient can contact KBank at IR@kasikornbank.com or +(662) 470 6900 to 01, +(662) 470 2673 to 74