2022 Performance and Synergy Realization

PPOP growth, boosted by both profitability and cost efficiency THB million Pre-Provision Operating Profit (PPOP) 8,461 8,818 8,752 8,963 9,636 +8% QoQ +14% YoY 34,300 36,169 +5% YoY || 4Q21 1Q22 2Q22 3Q22 4Q22 2021 2022 . • Recurring cost was under control, reflected by lower cost base and together with an improvement in core earnings, PPOP grew by 5% YoY to THB 36.2 bn in 2022. Both QoQ and YoY growths of PPOP in 4Q22 were driven by strategic initiatives (preparing B/S ahead of rate hike cycle, loan expansion in targeted areas and capital management initiative from the AT1 partial buy-back). tub 41

View entire presentation