#1Bangkok Bank Investor Presentation For 2Q23#22 Bangkok Bank Operating environment 2Q23 Financial performance 2023 Financial target Bangkok Bank#33 Significant global headwinds anticipated throughout 2023... Manufacturing PMI SA US EU Mar 2020 MPMIUSHA Index (US Manufacturing PMI SA) Monthly 25JUL2017-25JUL2023 CN Sep Dec CPMINDX Index (China Manufacturing PMI SA) Monthly 01JUN2020-30JUN2023 60 55 49.0 55 (42.7 Mar Mar Mar Dec 2021 2022 2023 2021 Copyrights 2023 Bloomberg Finance LP 25-Jul-2023 10:22:32 MPMJEZMA Index (Eurozone Manufacturing PMI SA) Monthly 25JUL2017-25JUL2023 Copyrights 2023 Bloomberg Finance LP. 25-Jul-2023 10:23:09 Jun 2021 Source: Bloomberg, June 2023 53.0 52.0 51.0 48.0 47.0 JP Sep Mar Jun Mar Jun 2020 2021 2022 2023 MPNIJPMA Index (Jibun Bank Japan Manufacturing PMI SA) Monthly 013UN2020-30JUN2023 Copyright© 2023 Bloomberg Finance L.P. Copyrights 2023 Bloomberg Finance LP. 25-Jul-2023 10:24:27 2023 Jun 56.0 55.0 54.0 53.0 52.0 51.0 49.8 49.0 48.01 47.0 25-Jul-2023 10:24:52 Bangkok Bank#44 Export growth of many economies slowed down significantly since late 2022 Export growth (%) CN KR Sep Oct Nov CNFREXPY Index (China Export Trade USD YoY) Monthly 01MAY2021-30JUN2023 SG Jun Jul Aut 2021 SIEXPYOY Index (Singapore Exports YoY) Monthly OSMAY2021-303UN2023 -10 -12.4 Jan Feb Mar For May Jun Jul Aug Sep Oct Apr 2022 2023 Copyright 2023 Bloomberg Finance LP, 25-Jul-2023 10:26:11 Source: Bloomberg, June 2023 May Jun AUB Copyright 2023 Bloomberg Finance LP. 30 -10 -17.20 -201 Nov Dec Jan Feb Apr May Jun 2023 25-Jul-2023 10:27:03 Jun Aug 2021 -6.0 -10 Dec Apr May Jun Aug Sep Oct Nov Feb May Jun 2023 2022 Copyright 2023 Bloomberg Finance L.P. 25-Jul-2023 10:26:37 KOEXTOTY Index (South Korea Exports YoY) Monthly 01MAY2021-30JUN2023 HK Jun Jul Aug 2021 Oct Nov Dec Mar Apri May Jul Aug Jan Feb May 2022 2023 Copyright 2023 Bloomberg F HKETEXPC Index (Hong Kong Exports YoY) Monthly 01MAY2021-303UN2023 201 -10 -15.6 -20 Bangkok Bank#5IMF forecasts by country: Most regions will be affected PROJECTIONS (Real GDP, annual percent change) World Output Advanced Economies 2022 2023 2024 3.5 3.0 3.0 2.7 1.5 1.4 United States Euro Area Germany France Italy 2.1 1.8 1.0 3.5 0.9 1.5 1.8 -0.3 1.3 2.5 0.8 1.3 3.7 1.1 0.9 Spain 5.5 2.5 2.0 Japan 1.0 1.4 1.0 United Kingdom 4.1 0.4 1.0 Canada 3.4 1.7 1.4 Other Advanced Economies 2.7 2.0 2.3 Emerging Market and Developing Economies 4.0 4.0 4.1 Emerging and Developing Asia 4.5 5.3 5.0 China 3.0 5.2 4.5 India 7.2 6.1 6.3 5 Source: IMF Bangkok Bank#6.... including Asia and ASEAN World Economic Outlook (ASIA), April 2023 update ASIA Projections (Economies Real GDP Growth percent change) 2022 2023 2024 China 3.0 5.2 4.5 India * 7.2 6.1 6.3 Japan ASEAN-5** 1.1 1.4 1.1 5.5 4.6 4.5 Note: * For India, data and projections are presented on a fiscal year basis, with FY 2022/23 (starting in April 2022) shown in the 2022 column. India's growth projections are 6.6 percent in 2023 and 5.8 percent in 2024 based on calendar year. ** ASEAN-5: Indonesia, Malaysia, Philippines, Singapore, Thailand. 6 Source: IMF WEO Bangkok Bank#70 Index sa Q4-19 = 100 140 130 120 110 100 90 Q4-19 Feb-20 Apr-20 Jun-20 Aug-20 7 Source: www.bot.or.th Oct-20 Dec-20 Thai Exports/MPI already slowed down like in other countries, but Private Consumption held up in line with the rebound of tourism sector Economic Indicator - Demand Economic Indicator - Supply Feb-21 Apr-21 Jun-21 Export value excl. gold Index sa Q4-19 = 100 110 116.4 PII 114.7 111.7 100 PCI No. of foreign tourists Aug-21 Oct-21 Dec-21 Feb-22 Apr-22 Jun-22 Aug-22] Oct-22 Dec-22 Feb-23 Apr-23 May-23 68.1 Note: PII Private Investment Index MPI - Manufacturing Production Index PCI Private Consumption Index SPI Service Production Index 60 60 70 Q4-19 80 80 90 90 120 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 Feb-21 Apr-21 Jun-21 Aug-21 Oct-21 Dec-21 Crop Production 104.9 103.1 95.3 MPI SPI excl. gold Feb-22] Apr-22 Jun-22 Aug-22 Oct-22 Dec-22 Feb-23 Apr-23 May-23 Bangkok Bank#8Nevertheless, increasing exports from Thailand to China helped soften some of the impacts from the global slowdown on the Thai economy and export sector Export value Export performance = Apr 2023 21.5 Bn USD (-4.9% YoY) Ex Gold Thai Export to Major Destinations May 2023 24.1 Bn USD (-5.9% YoY) Index sa, 3mma (Jan 2019-100) Ex.gold = 20.7 Bn USD (-6.6% YoY) Ex Gold = 23.8 Bn USD (-5.9% YoY) 200 2022 2023 175 Share % YoY 2022 150 2022 H1 H2 12 May Q3 Q4 Q1 Apr May (%MoMsa) 125 Agriculture Fishery 6.7 -1.7 8.1 -11.7 -13.2 -10.0 6.9 36.4 0.6 -2.1 2.8 -6.3 1.1 -13.5 -13.2 Manufacturing 89.0 4.8 10.4 -0.5 7.9 -8.3 -3.3 -30.6 -31.4 -5.0 10.1 4.6 -13.4 100 75 -1.5 4.1 50 Agro-manufacturing 13.9 8.6 12.0 5.1 13.5 -2.9 -0.1 -12.5 -4.0 5.1 Jan Jul 2019 Jan 2020 Jul Jan 2021 Jul Jan 2022 Jul Jan-23 Electronics 11.9 3.8 9.3 -1.2 5.1 -7.2 -8.0 -4.6 -5.5 2.3 ex. Munitions Electrical Appliances 9.2 2.8 3.3 2.2 7.4 -2.8 4.6 6.0 13.5 4.7 Index sa, 3mma (Jan 2019-100) Asian Export Performance Automotive 14.3 -1.6 -4.8 1.7 8.4 -4.1 2.1 -2.9 7.2 4.3 190 Machinery & 8.2 5.2 6.3 4. 10.3 -1.7 -0.1 -6.7 -0.2 1.6 16 Equipment 160 Petroleum Related 12.2 Total (BOP Basis) 100.0 5.5 11.9 GE 1.4 19.5 -14.1 -3.6 -24.2 -15.5 -23.8 -23.9 -5.8 -0.6 6.7 -7.5 -4.6 -4.9 -5.9 -1.9 130 Ex. Gold 4.4 9.6 -0.6 6.4 -7.3 -2.4 -6.6 -5.9 0.6 100 Ex. Gold & 4.8 8.2 1.5 8.0 -4.6 -0.5 -3.6 -3.0 1.4 Petroleum Related 70 %MoM calculated from seasonally adjusted data, using data since 2007 (subject to revision). P = Preliminary data. Note: Data above are recorded by custom basis, except total export value which is recorded by BOP basis. Custom basis considers recording as goods pass through Customs, while BOP basis considers changes in ownership between residents and non-residents. Source: Compiled from Customs Department's data 8 Source: www.bot.or.th 70 Jan Jul 2019 Jan 2020 Jul Jan 2021 Jul Jan 2022 Jul Jan 2023 US* ME ASEAN5 EU China CLMV Japan* CN ID VN MY TW TH KR PH SG Bangkok Bank#9In addition, better-than-expected tourist arrivals have been among the key drivers of the Thai economy since 2022 Thousands 2,500 2,000 1,500 1,000 500 Number of tourists 2022 2023 (Thousands) 2022 H1 H2 Q3 Q4 Q1P Apr May %MoMsa No. of tourists P = Preliminary data 11,153 2,079.9 9,073.1 3,608.1 5,465.0 6,477.5 2,182.1 2,013.9 4.3 Numbers of tourists Jan-May 23 10.67 million people -O-Total (SA) Tourists Classified by Nationality Index sa (Jan 2019 = 100) 200 Total -Malaysia (11%) Europe (17%) 150 India (5%) -China (28%) East Asia ex. CN MY JP (26%) --Japan (4%) May 23 100 50 50 0 0 Jul Sep Nov 2021 Jan 2022 Mar May Jul Sep Nov Jan 2022 2023 Mar May Jan Jul 2019 Jan 2020 Jul Jan Jul 2021 Jan 2022 Jul Jan 2023 Note: () denotes share of total tourist arrivals in 2019 P = Preliminary data Source: Ministry of Tourism and Sports, calculated by Bank of Thailand Note: ( ) denotes share of total tourist arrivals in 2019 Source: Ministry of Tourism and Sports, calculated by Bank of Thailand P = Preliminary data 9 Source: Bank of Thailand, Economics Tourism and Sports Division Bangkok Bank#10BOT projected the return to 29 and 35.5 million tourist arrivals for 2023 and 2024, respectively Projection of foreign tourist arrivals Million persons 40 35 30 25 20 20 29.0 1.7 35.5 1.8 2022 1.1 6.3 0.9 2023 2024 MPR MPR MPR Q1/23 Q2/23 Q1/23 MPR Q2/23 5.7 6.8 Million persons 11.2 28.0 29.0 35.0 35.5 5.7 15 11.2 10.1 % of 2019 28% 70% 73% 88% 89% 0.8 value 10 0.5 9.4 2.7 2.4 5 9.5 4.5 5.6 0.3 0 2022 2023 2024 China ASEAN Other Asia* Europe US Others -O-Total 10 Note: *Include Middle East Source: Ministry of Tourism and Sports. BOT forecast. Bangkok Bank#1111 Tourism-related businesses account for more than 15% of Thai GDP and employment Thailand's tourism 15% of GDP 5% 10% Employ 10 M Domestic Foreign Tourists Note: every 4 million tourist arrivals contributes roughly 1% of GDP Bangkok Bank#12Thai headline and core inflation have eased since end of 2022 Headline inflation contribution Core inflation contribution % YoY 10 % YoY 2022 2023 2022 5 H1 H2 Q3 Q4 Q1 Apr May 2022 2023 2022 % YoY 8 %QoQsa, MoMsa 6 Raw food (20.55%) 6.08 5.61 6.54 7.28 5.81 3.88 2.67 0.53 % YoY H1 H2 Q3 Q4 Q1 Apr May 2.51 1.85 3.14 3.08 3.20 2.24 1.66 1.55 4 - - 1.01 0.47 0.49 -0.12 -1.08 %QoQsa, MoMsa 0.80 0.39 0.30 0.04 0.03 3 May 23 I Non-Food & Beverage ex. Rent (48.72%) 4 Energy (12.39%) Core Inflation (67.06%) ( ) Share in Headline Inflation 0.53 % Food & Beverage (29.53%) May 23 1.55 % 2 Rent (21.75%) 2 1 ( ) Share in Core Inflation 0 0 -1 -4 -2 Jan Jul Jan Jul Jan Jul Jan Jul Jan Jan 2019 Jul Jan 2020 Jul Jan Jul 2021 Jan 2022 Jul Jan 2019 2023 2020 2021 2022 2023 -2 12 12 Bangkok Bank#13BOT raised the policy rate to 9-year high Policy Interest Rate % 6 5 4 3 2 1 노 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 13 Source: Bank of Thailand 2.25 Bangkok Bank#1414 Applications for BOI incentives 1,001 207.33 The no. of projects 608.58 Value (Billion Baht) 527.41 579.81 482.99 478.95 1,591 1,495 1,529 1,484 1,487 1,499 386.11 664.63 2,119 2015 2016 2017 2018 2019 2020 2021 2022 Source: Thailand Board of Investment Bangkok Bank#15Foreign applications for BOI incentives Million Baht 500,000 400,000 318,341 300,000 200,000 100,000 +36% 433,971 Jan-Dec 2021 Jan-Dec 2022 77,381 80,097 50,767 45,215 44,286 37,217 50,296 29,150 21,552 29,620 0 Total Value China Japan USA Taiwan Singapore 15 Source: Thailand Board of Investment Bangkok Bank#1616 Bangkok Bank forecasts uncertainties and global economic headwinds will limit Thai economic grow to ~3% in 2023 GDP growth YoY (%) Global economic recovery Large scale fiscal stimulus Global financial crisis Great floods Strong Baht appreciation up Brexit to taper tantrum US election 7.5 7.2 5.4 5.0 4.2 Collapse in commodity price Exports recovered, easing of lockdown paved way for a recovery in domestic activity Coronavirus outbreak 4.1 4.2 3.1 3.4 2.7 3.0 2.4 2.6 1.7 1.6 0.8 1.0 -0.7 -6.1 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023F Bangkok Bank#17Our international network will allow us to capture business relocation into Asia Key Highlights of International Presence THAILAND #1 corporate bank in Thailand # 1 international bank among Thai banks INDONESIA • Presence since 1968 # 10 bank in Indonesia Number of Branches Myanmar 文 (Not including self-service outlets) United States United Kingdom Laos China Hong Kong Taiwan 1 1 1 2 5 2 3 Year of Year of Establishment Establishment Year of Establishment Year of Establishment Establishment Year of Establishment Year of Establishment 1984 1957 1995 1993 1986 1954 1965 ASEAN 13 branches across Laos, Myanmar, Cambodia, Malaysia, Singapore, Vietnam and Philippines CHINA First Thai bank in China with significant operations since 1986 MALAYSIA • Only Thai bank with subsidiary in Malaysia since 1994 15 (14 13 10 Geographic Coverage 14 Economies 15 14 13 12 (11) 10 ★ Vietnam 2 LO Malaysia Singapore 1 Cambodia Thailand 881 Year of Establishment 1944 Year of Establishment 1992 5 Year of Establishment 1959 Year of Establishment 1957 Indonesia 237 Year of Establishment 1972 Philippines Japan 1 1 2 Year of Year of Establishment 1992 Establishment 1995 Year of Establishment 1955 17 Note: As of June 2023 Bangkok Bank#1818 Bangkok Bank Operating environment 2Q23 Financial performance 2023 Financial target Bangkok Bank#191H23 Financial Highlights Prudent approach has been key to delivering sustainable returns over the years Net profit 21.4 bn Baht Net interest margin 2.88% Net fees and Cost-to-income service income ratio 0.1% YoY 47.1% Loan +0.6% YTD Deposit -0.3% YTD NPL ratio 2.9% Coverage ratio 287.1% 1H23 net profit increased to 21.4 bn, supported by well-disciplined balance sheet management • . . • 1H23 Net profit grew double digit YoY, mainly driven by strong growth in net interest income in line with rising rate environment, resulting in NIM improvement to 2.88% Fee income was at the similar level as the same period last year Moderate loan growth YTD was from loan to corporate and loan made through the Bank's international network Asset quality remained manageable with strong coverage ratio Healthy liquidity and strong capital positions to withstand uncertainty and support business opportunities Loan-to-deposit Tier 1 ratio ratio 84.3% 15.7% 19 Bangkok Bank#20Prudent and diversified loan portfolio Loan Billion Baht Loan by business unit/¹ % of composition 20 20 2,061 +0.6% YTD 2,683 2,698 2,640 2,588 2,368 2019 2020 2021 2022 Mar-23 Jun-23 International 25% Jun-23 Corporate 44% Consumer 12% 6% Business 13% Commercial Loan by industry % of composition 29% Others Utility and service 18% Housing 13% Real estate and construction 7% Agriculture and mining 3% Jun-23 Note: Loan iincluded Permata's financial performance since May 2020 /1 Corporate banking serves large domestic and multinational companies. Commercial banking serves medium-sized enterprises. Business banking serves small-sized enterprises. Consumer banking provides retail banking services. International banking provides services through BBL's international presences in 14 economies. Manufacturing and commercial 30% Bangkok Bank#21NII increased driven by NIM improvement in line with rising interest rate environment and quality loan growth Net interest income Billion Baht 82.2 77.0 71.1 102.2 NIM, Yield on earning asset, Cost of fund % 4.27% 3.72% +36.0% YoY 3.30% 3.28% 61.6 2.97% 2.92% 2.88% 2.42% 45.3 2.35% 2.24% 2.18% 2.10% 1.59% 1.63% 1.19% 0.94% 1.02% 0.92% 2019 2020 2021 2022 1H22 1H23 2019 2020 2021 2022 1H22 1H23 Policy rate 1.250% 0.500% 0.500% 1.250% 0.500% 2.000% MLR 6.000% 5.250% 5.250% 5.850% 5.250% 6.850% MOR 6.875% 5.875% 5.875% 6.350% 5.875% 7.300% Yield on earning assets NIM 21 Note: Include Permata's financial performance since May 2020 Cost of funds Bangkok Bank#22Net fees income was at similar level in line with target Net fees and service income Billion Baht Fees and service income % of composition 29.2 28.5 27.5 24.7 13% 20% 28% 25% 22% 26% 21% 23% 20% 20% 7% 21% 22% +0.1% YoY 6% 7% 6% 19% 6% 13.7 13.7 6% 14% 14% 19% 14% 15% 24% 25% 29% 22% 22% 19% 16% 9% 10% 10% 11% 10% 2019 2020 2021 2022 1H22 1H23 2019 2020 2021 2022 1H22 1H23 22 Note: Include Permata's financial performance since May 2020 Loan related fees Credit card business Transaction services Global market services Bancassurance and mutual funds Other fees and commissions Bangkok Bank#23Cost to income ratio remained within a manageable level while improving operational efficiency Operating expenses Billion Baht Cost to income ratio % 69.0 66.0 67.3 55.0 +18.3% YoY 39.0 41.1% 32.9 2019 2020 2021 2022 1H22 1H23 Permata's expense for 21 May - 31 Dec 2020 and one-time integration expense 23 Note: Include Permata's financial performance since May 2020 55.6% 50.0% 49.7% 50.4% 47.1% 2019 2020 2021 2022 1H22 1H23 Bangkok Bank#24Manageable asset quality with consistent provisioning policy resulting in strong coverage ratio Expected credit loss (Provision), Credit cost Billion Baht, % Billion Baht, % NPL amount, NPL ratio 3.9% 3.4% 3.2% 3.1% 3.1% 2.9% 104.4 1.6% 101.1 97.2 98.4 93.3 79.1 1.4% 1.4% 1.3% 1.2% 1.2% 1.1% 2019 2020 2021 2022 Mar-23 Jun-23 NPL amount NPL ratio 34.1 32.4 32.6 31.2 Loan loss reserve (LLR), Coverage ratio Billion Baht, % 287.1% 260.8% 265.1% 225.8% 220.5% 22.0 186.8% 17.4 14.8 162.6% 149.9% 149.2% 171.2% 173.4% 253 261 268 195 228 174 113 61 2018 2019 2020 2021 2022 1H22 1H23 2019 2020 2021 2022 Mar-23 Jun-23 Expected credit loss Credit cost BBL's excess reserves over BOT requirement BBL's required reserves by BOT BBL's loan loss reserves 24 Note: Include Permata's financial performance since May 2020 /1 System refers to all commercial banks in Thailand (source: Bank of Thailand) BBL's coverage ratio System's coverage ratio/1 Bangkok Bank#2525 Healthy funding and liquidity position Loan-to-deposit ratio % Liquid assets/2 % of total assets 96.3% 94.2% 38.6% 39.6% 92.3% 92.0% 37.7% 38.2% 90.6% 35.5% 35.3% 86.9% 84.3% 83.5% 84.3% 82.0% 82.3% 2019 2020 2021 2022 Mar-23 Jun-23 2019 2020 2021 2022 Mar-23 Jun-23 System/1 BBL Deposit Billion Baht, % of composition Liquidity coverage ratio/³ % 3,157 3,211 3,206 -0.3% YTD 3,200 2,811 311% 314% 2,371 287% 291% 292% 40% 37% 37% 38% 283% 270% 271% 43% 47% 60% 63% 63% 62% 57% 53% 180% 186% 183% 180% 187% 193% 185% 192% 2019 2020 2021 2022 Current and saving Mar-23 ■Fixed Jun-23 2Q19 4Q19 2Q20 4Q20 2Q21 4Q21 2Q22 4Q22 System/1 BBL Notes: /1 System refers to all commercial banks in Thailand (Source: Bank of Thailand, Bangkok Bank analysis) /2 Since 2020 liquid assets are defined as cash, interbank and money market items, debt securities and marketable equity securities /3 For BBL, LCR is computed as an average ratio of month-end LCR in the quarter. For System, LCR is as of month. Include Permata's financial performance since May 2020 Bangkok Bank#2626 Capital position above minimum requirements Consolidated capital ratios % Capital base Billion Baht 560 575 573 581 20.0% 502 19.6% 19.1% 19.2% 19.1% 479 104 104 104 103 71 72 24 24 24 18.3% 24 24 3.0% 3.6% 3.4% 3.5% 3.4% 2.6% 407 431 457 471 469 477 0.8% 0.8% 0.8% 0.8% 0.8% 1 2019 2020 2021 2022 Mar-23 Jun-23 Tier 1 ☐ AT 1 Tier 2 17.0% 16.0% 15.7% 15.7% 15.7% 15.7% Regulatory capital ratio requirements 4.5% 6.0% 8.5% Minimum Common Equity Tier 1 Ratio Minimum Tier 1 Ratio Minimum Total Capital Ratio 2.5% + 1.0% Capital Conservation Buffer and D-SIB Buffer 8.0% 9.5% 2019 2020 2021 2022 Mar-23 Jun-23 Common Equity Tier 1 Capital Ratio Requirement Tier 1 Capital Ratio Requirement Tier 1 AT 1 Tier 2 12.0% Total Capital Ratio Requirement Bangkok Bank#27Bangkok Bank 27 27 Operating environment 2Q23 Financial performance 2023 Financial target Bangkok Bank#2828 2023 Financial target Consolidated Loan growth NPL ratio (gross) Net interest margin Net fee income growth Cost to income ratio Credit cost 2023 Financial target 4-6% Around 3.5% Around 2.5% Flat growth Low 50s% Around 1% Note: The above financial targets are based on the Bank's preliminary estimates that may change due to the operating environments and other unforeseen circumstances. Bangkok Bank#29Appendix 29 29 Bangkok Bank#30Financial position Million Baht Dec-19 Dec-20 Dec-21 Dec-22 Mar-23 Jun-23 Growth (%) YTD Loan 2,061,309 2,368,238 2,588,339 2,682,691 2,640,090 2,698,304 0.6% Deposit 2,370,792 2,810,863 3,156,940 3,210,896 3,205,989 3,200,155 -0.3% LDR 86.9% 84.3% 82.0% 83.5% 82.3% 84.3% 0.8% NPL/1 79,149 104,401 101,103 97,188 98,359 93,285 -4.0% NPL ratio/1 3.4% 3.9% 3.2% 3.1% 3.1% 2.9% -0.2% Allowance for ECL to 220.2% 186.8% 225.8% 260.8% 265.1% 287.1% 26.3% NPL/1 Allowance for ECL to 8.5% 8.2% 8.8% 9.4% 9.9% 9.9% 0.5% loan Liquid assets/2 to total 35.5% 35.3% 38.6% 37.7% 39.6% 38.2% 0.5% assets CASA 53.1% 57.0% 59.8% 62.6% 62.5% 62.3% -0.3% CET1/3 17.0% 14.9% 15.2% 14.9% 14.9% 14.9% 0.0% Tier 1 ratio/3 17.0% 15.7% 16.0% 15.7% 15.7% 15.7% 0.0% CAR/3 20.0% 18.3% 19.6% 19.1% 19.2% 19.1% 0.0% Note: /1 Including interbank and money market lending 30 /2 Since 2020, liquid assets consist of cash, interbank and money market items, debt securities and marketable equity securities /3 Based on Basel III standards issued by BOT since January 1, 2013 Bangkok Bank#31Financial performance - 2Q23 Million Baht 2Q22 1Q23 2Q23 Growth (%) QoQ YoY Net interest income 23,526 30,077 31,487 4.7% 33.8% Net fees and service income 6,726 7,123 6,571 -7.7% -2.3% Other operating income 3,940 3,093 4,386 41.8% 11.3% Total income 34,192 40,293 42,444 5.3% 24.1% Operating expense 17,435 18,850 20,110 6.7% 15.3% Expected credit loss 8,354 8,474 8,880 4.8% 6.3% Net profit/1 6,961 10,129 11,294 11.5% 62.2% EPS/1 (Baht per share) 3.65 5.31 5.92 11.5% 62.2% NIM 2.24% 2.84% 2.91% 0.07% 0.67% Net fees and service income ratio 19.7% 17.7% 15.5% -2.2% -4.2% Cost to income ratio 51.0% 46.8% 47.4% 0.6% -3.6% ROA/1 0.64% 0.92% 1.01% 0.09% 0.37% ROE/1 5.63% 8.05% 8.75% 0.70% 3.12% Note: 31 /1 Attributable to owners of the Bank Bangkok Bank#32Financial performance - 1H23 Million Baht 1H22 1H23 Growth (%) YoY Net interest income 45,273 61,565 36.0% Net fees and service income 13,684 13,693 0.1% Other operating income 6,345 7,479 17.9% Total income 65,302 82,737 26.7% Operating expense 32,941 38,961 18.3% Expected credit loss 14,843 17,354 16.9% Net profit/1 14,079 21,423 52.2% EPS/1 (Baht per share) 7.38 11.22 52.2% NIM 2.18% 2.88% 0.7% Net fees and service income ratio 21.0% 16.6% -4.4% Cost to income ratio 50.4% 47.1% -3.3% ROA/1 0.65% 0.97% 0.32% ROE/1 5.74% 8.41% 2.67% Note: 32 /1 Attributable to owners of the Bank Bangkok Bank#33Financial performance - Year Million Baht 2019 2020 2021 2022 Growth (%) YOY Net interest income 71,071 77,046 82,156 102,223 24.4% Net fees income 28,505 24,711 29,209 27,508 -5.8% Other operating income 34,171 16,971 23,176 9,164 -60.5% Total income 133,746 118,728 134,541 138,895 3.2% Operating expense 54,963 65,974 67,266 69,019 2.6% Expected credit loss/1 32,351 31,196 34,134 32,647 -4.4% Net profit/2 35,816 17,181 26,507 29,306 10.6% EPS/2 (Baht per share) 18.76 9.00 13.89 15.35 10.6% NIM 2.35% 2.24% 2.10% 2.42% 0.32% Net fee income ratio 21.3% 20.8% 21.7% 19.8% -1.9% Cost to income ratio 41.1% 55.6% 50.0% 49.7% -0.3% ROA/2 1.13% 0.48% 0.65% 0.67% 0.02% ROE/2 8.45% 3.96% 5.62% 5.86% 0.24% Note: 33 /1 Prior to 2020 is impairment loss of loans and debt securities /2 Attributable to owners of the Bank Bangkok Bank#3434 Network 2020 2021 2022 Jun-23 /1 Branch 1,128 -69 1,059 -168 891 -10 881 ATM/¹ 9,050 -375 8,675 -718 7,957 -281 7,676 CDM/¹ 1,257 -72 1,185 -243 942 -7 935 Employee/ 24,359 -1,667 22,692 -1,398 21,294 -545 20,749 Note: Consolidated /1 Domestic operation /2 Exclude Permata's employee Bangkok Bank#35Long-standing international presence in 14 economies Around 240 branches in Indonesia PermataBank ASEAN • Singapore 66 years (1) • Malaysia/1 64 years (5) • Indonesia/1 55 years (237) Vietnam 31 years (2) • • Laos Other important Economies 30 years (2) • Hong Kong • Japan 69 years (2) • United States 58 years (1) 68 years (2) • China/1 37 years (5) • United Kingdom 66 years (1) 58 years (3) • Philippines 28 years (1) • Myanmar 28 years (1) • Cambodia 9 years (1) • Taiwan 35 Note: As of June 2023 /1 Wholly-owned subsidiary (x) is number of locations Source: Bangkok Bank filing Bangkok Bank#36For further information Contact: Investor Relations team Bangkok Bank website Tel (66) 2 626 4981 Email: [email protected] www.bangkokbank.com This presentation is made by Bangkok Bank and may not be copied, altered, offered, sold or otherwise distributed to any other person by any recipient without the consent of Bangkok Bank. 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