Financial Analysis Presentation

Accrued interest reflecting conservative approach 1st phase of debt relief (Full lockdown) Accrued interest • 3rd phase of debt relief (partial lockdown) 9,209 7,522 7,145 7,130 7,232 tub 6,442 7,720 6,440 2,759 5,143 6,444 6,497 6,793 Accrued Int. Stage 1 & 2 Accrued Int. Stage 3 2,036 723 1,300 1,489 1Q20 2Q20 3Q20 1,082 4Q20** 701 634 439 1Q21 2Q21 3Q21 Given the current unfavorable economic conditions, the Bank took conservative approach in revenue recognition for accrued interest treatment during the pandemic. Since 1Q21, stage 3* accrued interest has been provisioning at full-amount to preemptively limit future downside risk. We believe this will help improve quality of balance sheets and the risk in overstated net interest income. • Overall, total accrued interest uptick QoQ was mainly due to 2-month skip payment from BoT's 3rd phase but the trend dropped from the peak in 3Q20 after customers exit 1st phase of relief scheme. Remark: *Stage 3 originated in 2021 : **4Q21 accrued interest was restated and presented net from allowances for expected credit loss to be comparable with 2021 22 22

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