Currency and Interest Rate Outlook

k KASIKORNTHAI Credit Ratings As of August 6, 2021 Long-term * KBank Local Currency/ National Outlook Long-term Subordinated Foreign Currency Senior Unsecured Subordinated Debts Notes Debts ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Thailand Government Outlook Foreign Local Currency Currency S&P's BBB+ Watch BBB+ N/A N/A N/A BBB+ A- Negative¹) Stable 2) Moody's Baa1 Baa1 Baa3 Baa1 N/A Stable ³) Baa1 Baa1 Stable 4) Fitch BBB5) BBB5) BB+5) AA+ (tha) AA-(tha)5) Stable BBB+ BBB+ Stable 6) Note: * Moody's: Foreign Currency Long-term Deposit Rating; S&P's: Long-term Counterparty Credit Rating; Fitch Ratings: Foreign Currency Long-term Issuer Default Rating 1) August 24, 2020: S&P's changed the outlook on the long-term ratings of two Thai banks, including KBank, to watch negative from stable, following the change in the outlook for the banking industry outlook to negative from stable on August 21, 2020 2) April 13, 2020: S&P's downgraded its outlook on Thailand's sovereign credit rating to 'Stable' from 'Positive'; reflecting its view that the COVID-19-induced economic uncertainty and the state of emergency declaration could delay political transitions expected under the civilian government over the next 12 months 3) April 22, 2020: Moody's changed the outlook on the long-term ratings of ten Thai banks, including KBank, to stable from positive, following the change in the outlook for the sovereign's rating to stable from positive on April 21, 2020 4) April 21, 2020: Moody's changed the outlook on the Government of Thailand's issuer ratings to stable from positive, as the drivers of the outlook change to positive July 2019 have become significantly less likely to materialize, such as delays in policy implementation, ongoing political tensions, and the deep economic shock caused by the COVID-19 outbreak 5) April 2-8, 2020: Fitch downgraded KBank's ratings, including SCB, BBL and BAY, due to the challenging operating environment and the large-scale economic disturbance caused by the COVID-19 pandemic 6) March 17, 2020: Fitch downgraded the outlook of Thailand to stable from positive, reflecting the evolving impact of the global COVID-19 outbreak on Thailand's economy through its tourism sector as well as lingering uncertainty in Thailand's political environment following the country's transition to civilian rule บริการทุกระดับประทับใจ K KASIKORNTHAI Organization Chart Auditor Shareholders Corporate Secretary Operating Committee Corporate Secretariat Division ธนาคารกสิกรไทย 开泰银行 KASIKORN BANK Board of Directors Management Committee Independent Directors Committee Risk Oversight Committee Audit Committee Advisory Council to the Board of Directors/ Legal Adviser Corporate Governance Committee Human Resources and Remuneration Committee Sales & Service Product Management Private Bank Business Service Fulfillment Business in Overseas Distribution Network Division Transaction and Wealth Banking Division Private Banking Group Customer and Enterprise Service Fulfillment Division World Business Group Corporate Business Division Credit Products Division Channel & Marketing Management Integrated Channels and Business Solutions Division Marketing Management Division Money & Capital Markets Business Capital Markets Business Division Investment Banking Business Division บริการทุกระดับประทับใจ Audit Division Corporate Strategy & Analytics Corporate Strategy and Innovation Division Risk & Resources Management Enterprise Risk Mgmt. Division Data and Analytics Division Finance and Control Division Human Resource Division Note: Effective on 1 August 2021 107 108

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