Summary of Q&A at the 2021 Annual General Meeting of Shareholders

1. In which business areas did the Company plan to make investments, in addition to the existing investments in subsidiaries such as Ratchthani Leasing Public Company Limited (THANI) and in its associated company namely TMBThanachart Bank Public Company Limited (TTB)?

In line with its investment policy, the Company would place emphasis on the existing businesses in which it had invested. Early this year, it established a new company namely Thanachart Plus Company Limited which would offer asset-based financing services by using real estate as collateral. The loans to be given would be primarily based on the quality of the collateral. The objective was to provide customers with additional opportunities to expand their business, given the prevailing situation. In this connection, the Company would set aside an amount of investment money for expanding further in this type of business.

2. Would the Company make additional investments in TMBThanachart Bank Public Company Limited to increase its shareholding?

The Company's management was taking the above matter into consideration. If the share price of TMBThanachart Bank (TTB) was at an appropriate level and the COVID-19 situation as well as the revenues of the commercial banking system improved, the Company would consider making additional investments to increase its shareholding. Its current equity stake in TTB amounted to more than 20 percent. In this connection, the income recognition from its investment in TTB was directly proportional to its shareholding. In case TTB managed to maintain its profitability at the level close to the level of previous year, the return the Company would get from its investment would be considered satisfactory. Currently, the Company’s liquidity amounted to about 8-9 billion baht, which generated a return rate of less than one percent. As a result, the Company was looking for an opportunity and a channel to invest the excess liquidity for the purpose of getting a higher rate of return. In this connection, the Company was considering additional investments not only in the shares of TTB but also in the shares of THANI, provided that the share prices of the two companies were at appropriate levels.

3. Did the Company plan to repurchase more shares?

As required by the law, the Company was still in the period whereby it was not allowed to repurchase shares.

4. Could the Company ensure that it would maintain the dividend rate of 3 baht per share?

The Company attempted to keep the level of dividends paid to shareholders. The objective was to maintain the investors’ confidence in investing the shares of the Company. Based on its current analysis, the Company was confident that its overall profit was sufficient for continuing paying dividends at the rate of 3 baht per share.