Financial Analysis Presentation

Well-managed funding cost lower pressure on NII THB million Net Interest Income -1.6% QoQ -4.9% YoY 13,227 12,782 12,577 3Q20 2Q21 3Q21 -5.1% YoY 40,286 38,231 9M20 9M21 tub • • Apart from B/S quality, TTB has also emphasized on P&L quality under TFRS9 adoption. We have adjusted effective interest rate (EIR) recognition to be more conservative i.e. on mortgage portfolio in order to reflect and factor in the impact from current business environment. Although this added pressure on interest income, we believe it helps improve P&L quality by mitigating risk of overstated income. As pressure from adjusted EIR approach, lower asset yield and slower loan growth outweighed the well-manage funding cost and volume, 3Q21 and 9M21 NII remained on negative territory. 15

View entire presentation