Slides
Page 1
1 | 3Q 2026 Financial Performance | Kiatnakin Phatra KKP Analyst Meeting 3Q 2026 October 20, 2026
Page 2
2 | 3Q 2026 Financial Performance | Kiatnakin Phatra 3Q 2026 PERFORMANCE REVIEW
Page 3
3 | 3Q 2026 Financial Performance | Kiatnakin Phatra 3Q 2026 Key Highlights : Retail Banking Business ▪ Interest income remained stable QoQ as portfolio size was deliberately maintained alongside a continued selective approach to new origination, while it declined YoY reflecting earlier portfolio contraction ▪ Non-interest income increased QoQ, driven by bancassurance fee growth (both QoQ and YoY) ▪ Credit cost decreased QoQ as write-offs normalized following the one-time SME write-offs in 2Q, partly offset by a management overlay to address future macroeconomic uncertainties. Underlying asset quality continued to improve, supported by higher recoveries and loss on sale (LOS) that remained well below last year’s level ▪ Portfolio quality remained resilient, with the NPL ratio stable QoQ and lower than at year-end 2025, supported by disciplined origination ▪ 2026 Outlook: Maintain conservative credit stance, prioritize quality, enhance cost efficiency, and increase the contribution from non-interest income
Page 4
4 | 3Q 2026 Financial Performance | Kiatnakin Phatra 3Q 2026 & 9M 2026 Key Highlights Overall KKPFG ▪ Net profit 3Q26 of Baht 2,388 million, +43%YoY, 9M26 net profit of Baht 6,466 million, +56% YoY ▪ Comprehensive Income 3Q26 of Baht 2,655 million, +28% YoY, 9M26 CI of Baht 6,925 million, +38% YoY ▪ Overall strong performance continued, supported by resilient non-interest income, stable net interest income, and well-controlled asset quality Loan Portfolio ▪ Overall loan portfolio expanded 3.7% during 9M26, driven by growth in high-quality segments ▪ Net interest income for 3Q26 showed positive trend with increase +6% YoY , amid selective loan growth strategy ▪ Loan spread showed improvement at 4.7% YoY driven by further reduction in funding costs Non-Interest Income ▪ Well diversified income streams resulted in 28% YoY increase in non-interest income during 3Q26 ▪ Growth was broad-based, with strong momentum across Wealth Management, Dime!, Investment Banking, Asset Management, Brokerage and Bancassurance Equity Capital Market ▪ Average daily turnover (SET + mai) increased by 71% YoY to Baht 77 billion for 3Q26 ▪ Kiatnakin Phatra Securities’s market share (SET+mai) for 3Q26 continuing to rank 1st with market share of 23.5%
Page 5
5 | 3Q 2026 Financial Performance | Kiatnakin Phatra Wealth Management ▪ AUA reaching Baht 1.12 trillion ▪ AUA increased 16% YTD, supported by over Baht 67 billion of net new money during 9M26 ▪ Strong fee momentum continued, with average yield on AUA improving to 0.28% Asset Management ▪ Total AUM reached Baht 355 billion, up 19% YTD ▪ Continued to deliver stable and recurring fee income Investment Banking ▪ Higher fee income in 3Q26 driven by increased transaction activity Dime! ▪ Continued contribution to Group revenue growth and customer acquisition ▪ Assets under Platform approaching Baht 198 billion ▪ Over 5.3 million app downloads and 2.4 million accounts onboarded Asset Quality ▪ ECL of Baht 928 million with additional management overlay included as buffer against uncertainties ▪ Credit cost well-controlled at 1.43% in 3Q26 (9M26: 1.45%) ▪ NPL lowered to 3.4%, Coverage ratio rising to 154.7% Capital Ratio ▪ Total Capital Adequacy Ratio (consolidated) end of 2Q 20261 at 16.19%, Tier I at 14.44% 1/ Consolidated capital information for 3Q26 will be available with audited financial statements 3Q 2026 & 9M 2026 Key Highlights
Page 6
6 | 3Q 2026 Financial Performance | Kiatnakin Phatra 4,890 3,511 4,131 1,217 1,380 964 1,557 1,609 1,613 1,514 2,795 857 100 942 807 1,046 6,504 5,024 6,925 2,074 1,479 1,906 2,364 2,655 10.2% 10.6% 13.8% 13.0% 9.2% 11.5% 13.8% 15.4% 1.3% 1.3% 1.8% 1.7% 1.2% 1.5% 1.8% 2.0% -80.0% -50.0% -20.0% 10.0% 2025 9M25 9M26 3Q25 4Q25 1Q26 2Q26 3Q26 Banking Business CMG ROAE ROAA 4,464 3,080 4,229 1,179 1,384 1,314 1,463 1,451 1,449 1,061 2,237 491 388 641 659 937 5,913 4,141 6,466 1,670 1,772 1,955 2,122 2,388 9.3% 8.7% 12.9% 10.5% 11.0% 11.8% 12.4% 13.9% 1.2% 1.1% 1.7% 1.3% 1.4% 1.6% 1.6% 1.8% 2025 9M25 9M26 3Q25 4Q25 1Q26 2Q26 3Q26 Banking Business CMG ROAE ROAA Profitability Baht in million Baht in million Net Profit Comprehensive Income + 43% YoY + 13% QoQ + 28% YoY + 12% QoQ + 56% YoY + 38% YoY
Page 7
7 | 3Q 2026 Financial Performance | Kiatnakin Phatra 63% 64% 63% 63% 58% 37% 36% 37% 37% 42% 3Q25 4Q25 1Q26 2Q26 3Q26 NII Non NII 6,687 Net Interest Income Non-Interest Income* 3Q 2026 Net Interest Income : Non-Interest Income *Include gain/ loss from NPA but exclude gain / loss from car repossession +15%YoY +6%YoY +30%YoY Total Operating Income 6,8426,744 Corporate Banking – 7% Commercial Lending – 12% Consumer Finance – 62% Others – 20% Baht million Baht million Investment Banking – 6% 6,714 7,765 4,234 4,266 4,216 4,334 4,508 3Q25 4Q25 1Q26 2Q26 3Q26 2,510 2,422 2,498 2,508 3,256 3Q25 4Q25 1Q26 2Q26 3Q26 Baht million Brokerage - 31% Investment – 22% Others – 9% Bancassurance – 12% Asset management – 19%
Page 8
8 | 3Q 2026 Financial Performance | Kiatnakin Phatra Baht in million 3Q25 2Q26 3Q26 QoQ YoY (Q) 9M25 9M26 YoY (9M) Interest income 6,447 5,996 6,128 2% (5%) 20,077 18,062 (10%) Interest expense (2,214) (1,662) (1,620) (3%) (27%) (7,086) (5,003) (29%) NII 4,233 4,334 4,508 4% 6% 12,991 13,059 1% Fee income 1,879 2,246 2,690 20% 43% 5,157 6,924 34% Fee expense (332) (376) (423) 13% 28% (844) (1,170) 39% Net fees income 1,547 1,870 2,266 21% 47% 4,312 5,754 33% Other operating income 949 689 936 36% (1%) 1,568 2,489 59% Total operating income 6,729 6,892 7,710 12% 15% 18,871 21,302 13% Operating expense (3,112) (2,937) (3,405) 16% 9% (8,837) (9,278) 5% G/L from revaluations of foreclosed assets (76) 65 (47) (172%) (38%) (87) 10 (111%) G/L from sale of foreclosed assets (554) (333) (283) (15%) (49%) (1,787) (932) (48%) Provision Expense (909) (970) (928) (4%) 2% (2,985) (2,859) (4%) Income before income tax 2,079 2,717 3,048 12% 47% 5,176 8,243 59% Net income - Bank 1,670 2,122 2,388 13% 43% 4,141 6,466 56% Basic EPS 2.02 2.54 2.78 9% 38% 5.00 7.72 54% Diluted EPS 2.02 2.52 2.75 9% 36% 5.00 7.67 53% Comprehensive income - Bank 2,074 2,364 2,655 12% 28% 5,024 6,925 38% Headcount 4,513 4,366 4,375 0% (3%) 4,513 4,375 (3%) Consolidated Income Statements
Page 9
9 | 3Q 2026 Financial Performance | Kiatnakin Phatra 12 12 11 11 11 57 57 57 58 59 15 15 15 13 13 84 83 83 81 83 3Q25 4Q25 1Q26 2Q26 3Q26 Personal Loans Housing Loans Micro-SMEs Loans Baht in billion 48 52 58 65 66 3Q25 4Q25 1Q26 2Q26 3Q26 Baht in billion 22 20 22 22 23 33 33 33 34 34 55 53 55 56 57 3Q25 4Q25 1Q26 2Q26 3Q26 RE SMEBaht in billion Gross Loan Composition Loan Growth Baht in billion Retail Loans Other RetailHire Purchase Corporate BankingCommercial Lending YTD + 3.7% YTD -6% YTD -1% YTD +8% YTD +27% 69% 68% 66% 64% 63% 16% 15% 16% 16% 16% 14% 15% 17% 18% 19% 345 343 348 354 356 3Q25 4Q25 1Q26 2Q26 3Q26 Retail Commercial Corporate SAM Lombard 56 54 52 50 49 69 68 67 65 64 29 29 29 28 28 155 151 147 144 141 3Q25 4Q25 1Q26 2Q26 3Q26 New Used RRN Baht in billion
Page 10
10 | 3Q 2026 Financial Performance | Kiatnakin Phatra Funding & Liquidity Baht in billion Loan spread 6.9% 6.3% 6.7% 6.6% 6.4% 6.2% 6.3% 2.4% 1.7% 2.3% 2.0% 1.8% 1.6% 1.6% 3.7% 3.7% 3.7% 3.7% 3.7% 3.6% 3.7% 4.5% 4.6% 4.4% 4.6% 4.6% 4.6% 4.7% 9M25 9M26 3Q25 4Q25 1Q26 2Q26 3Q26 Yield on Loans Cost of Funds NIM Loan Spread 94% 94% 93% 91% 94% Loan to deposit & borrowing 38% 43% 46% 47% 49% 54% 49% 42% 41% 39% 382 376 393 408 396 3Q25 4Q25 1Q26 2Q26 3Q26 CASA Fixed Deposits B/E Debentures Interbank
Page 11
11 | 3Q 2026 Financial Performance | Kiatnakin Phatra Asset Quality Total Non-Performing Loans ▪ Reclassification under TFRS 9 for Financial Assets classified as Purchased or originated credit impaired (POCI) from previous classification under Investment in loans Expected Credit Loss ▪ %Credit Cost include expected credit loss and loss from sale of repossessed vehicles Baht in billion 14.9 14.7 14.4 12.3 12.1 0.5 0.4 0.4 0.4 0.4 4.4% 4.4% 4.3% 3.6% 3.5% 4.3% 4.3% 4.1% 3.5% 3.4% 3Q25 4Q25 1Q26 2Q26 3Q26 NPL POCI % NPL/ gross loan % NPL excl. POCI/ gross loan Baht in billion 2.4 1.9 1.0 0.6 0.5 0.3 0.3 0.3 2025 9M25 9M26 3Q25 4Q25 1Q26 2Q26 3Q26 Loss from sale of foreclosed vehicles 3.7 3.0 2.9 0.9 0.7 1.0 1.0 0.9 1.72% 1.82% 1.45% 1.68% 1.41% 1.50% 1.43% 1.43% -0.40% 0.60% 1.60% 0.0 1.0 2.0 3.0 4.0 5.0 6.0 2025 9M25 9M26 3Q25 4Q25 1Q26 2Q26 3Q26 Provision Credit Cost
Page 12
12 | 3Q 2026 Financial Performance | Kiatnakin Phatra Loan classification and Allowance for ECL 1/ Principle balance and exclude Purchased or originated credit impaired loans (POCI) Coverage ratio Stage 1 Stage 2 Stage 3 Loan classification1 Allowance for ECL Baht in billion 20.4 20.2 20.5 18.6 18.8 136.6% 137.2% 141.8% 150.7% 154.7% -200.0% -150.0% -100.0% -50.0% 0.0% 50.0% 100.0% 150.0% - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 89.5% 90.3% 90.8% 91.5% 91.5% 6.2% 5.5% 5.2% 5.1% 5.1% 4.3% 4.3% 4.1% 3.5% 3.4% Sep-25 Dec-25 Mar-26 Jun-26 Sep-26
Page 13
13 | 3Q 2026 Financial Performance | Kiatnakin Phatra Efficiency ratio Cost to Income1 1/ Operating expense (excl. Loss from fair value adjustment and G/L from sale of foreclosed assets)/ Net revenue (incl. G/L from sale of NPA) CAR and Tier 1 Ratio (Consolidated) Capital Note: 3Q 2026 consolidated capital information will be available with audited financial statements 68.5 68.1 64.4 66.0 66.2 17.90% 17.89% 17.36% 16.96% 16.19% 14.48% 14.60% 14.71% 14.39% 14.44% 2Q25 3Q25 4Q25 1Q26 2Q26 Total Capital CAR Ratio Tier I Capital Ratio 46.4% 46.6% 43.5% 46.1% 45.8% 43.7% 42.9% 43.8% 2025 9M25 9M26 3Q25 4Q25 1Q26 2Q26 3Q26
Page 14
14 | 3Q 2026 Financial Performance | Kiatnakin Phatra HEADLINE OR TITLE TYPE HERE. Capital Market Business - Financial Performance Summary % change % change % change (Baht million) 3Q25 2Q26 3Q26 q-o-q y-o-y 9M25 9M26 y-o-y Revenue Agency Business Brokerage fees 444 846 854 1% 92% 1,253 2,303 84% Fee and service income 882 861 1,248 45% 42% 2,284 2,905 27% Agency Business 1,326 1,707 2,102 23% 59% 3,537 5,208 47% Investment Business 456 304 617 103% 35% 865 1,411 63% Other Income 62 146 158 8% 154% 152 515 238% Total Revenue 1,844 2,157 2,877 33% 56% 4,554 7,135 57% Total Expenses 1,244 1,258 1,643 31% 32% 3,228 4,181 30% Net Profit 508 724 988 36% 94% 1,078 2,390 122% Total other comprehensive income 365 148 109 -27% -70% 453 558 23% Total comprehensive income for the period 873 872 1,097 26% 26% 1,531 2,948 93%
Page 15
15 | 3Q 2026 Financial Performance | Kiatnakin Phatra Market Daily Average Trading Value (Bt million) Breakdown of client of SET & MAI Daily Average Trading Value (Bt million) Rank (client only) 1 1 1 Market share - Segmented by Investor 111 45,279 65,109 66,811 77,455 43,006 69,942 3Q25 1Q26 2Q26 3Q26 9M25 9M26 20,496 23,803 26,902 35,119 18,602 28,718 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 3Q25 1Q26 2Q26 3Q26 9M25 9M26 10.3% 9.5% 10.3% 11.0% 13.4% 40.1% 35.7% 30.2% 33.3% 36.6% 1.4% 2.2% 1.8% 1.7% 1.9% 3Q25 4Q25 1Q26 2Q26 3Q26 Local Foreign PWM 51.1% 53.0% 53.4% 55.5% 52.7% 54.1% 9.7% 8.6% 7.4% 7.0% 10.0% 7.6% 6.0% 6.6% 7.2% 7.1% 5.9% 7.0% 33.2% 31.8% 32.0% 30.4% 31.4% 31.3% 3Q25 1Q26 2Q26 3Q26 9M25 9M26 Foreign Local institutions Proprietary account Local retail Agency Business – Equity Brokerage Business
Page 16
16 | 3Q 2026 Financial Performance | Kiatnakin Phatra Private Fund Mutual Fund Asset Management Business 236,947 273,864 290,777 315,108 330,079 3.74% 4.24% 4.46% 4.61% 4.73% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Mutual Fund AUM Mkt share * Market share in Sep 2026 is calculated by using Aug’s market data * Total: Baht 967 billion Y2025 Total: Baht 1,118 billion 9M2026 Average Yield 0.25% 0.28% Stock, 29.9% Mutual Fund, 24.6% KKPSS, 5.3% Bond & Cash & SN, 12.6% GIS, 12.7% Others, 14.9% Stock, 26.4% Mutual Fund, 26.3% KKPSS, 5.8% Bond & Cash & SN, 15.5% GIS, 11.5% Others, 14.5% Agency Business – Wealth Management and Asset Management Wealth Management Business : High Net Worth Asset Base 23,102 23,253 22,256 24,633 24,454 0.97% 1.03% 1.04% 1.09% 1.02% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 0 4,000 8,000 12,000 16,000 20,000 24,000 28,000 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Private Fund AUM Mkt share
Page 17
17 | 3Q 2026 Financial Performance | Kiatnakin Phatra 938 819 496 748 1,430 2,063 3Q25 1Q26 2Q26 3Q26 9M25 9M26 Total 513 966 (56) 73 973 1,024 9M25 9M26 Equity & Derivatives Trading Direct Investment Treasury & Others Breakdown by Department Investment Business Comprehensive Revenue Baht million
Page 18
18 | 3Q 2026 Financial Performance | Kiatnakin Phatra 18 Dime! Performance in 9M 2026 As of September 2026 Downloads Onboarded Users Daily Active Users 5,327,861 2,434,962 544,867 YTD +40% 3,795,851 → YTD +48% 1,640,418 → YTD +35% 402,751 → 104,491 → 197,859Asset under Platform (Million THB) YTD +89% 106.5 160M US Stock CASH Thai Stock Gold Mutual Fund Bond US Options 59% 19% 11% 5% 5% 1%0% Assets under Platform Allocation Annualized Revenue Yield = 1.21% 2 34 234 802 1,369 713 6,343 30,504 104,491 197,859 0 50,000 100,000 150,000 200,000 250,000 0 200 400 600 800 1,000 1,200 1,400 1,600 2022 2023 2024 2025 2026 YTD Sep Asset under Platform (Million THB) Revenue (Million THB) Revenue Asset under Platform
Page 19
19 | 3Q 2026 Financial Performance | Kiatnakin Phatra APPENDIX
Page 20
20 | 3Q 2026 Financial Performance | Kiatnakin Phatra 2.9 2.8 2.8 2.7 2.7 7.4 7.4 7.5 7.5 7.5 3Q25 4Q25 1Q26 2Q26 3Q26 HP Income HP Yield on Loan Hire Purchase Loan Yield Portfolio QualityLoans Other Retail Lending Loan Yield Portfolio QualityLoans Baht in billion Baht in billion Baht in billion Baht in billion 126 122 119 116 113 29 29 29 28 28 155 151 147 144 141 3Q25 4Q25 1Q26 2Q26 3Q26 New & Used RRN 252% 267% 290% 293% 303% 2.8% 2.6% 2.4% 2.3% 2.3% 3Q25 4Q25 1Q26 2Q26 3Q26 % Coverage ratio % NPL 14% 14% 13% 14% 13% 68% 68% 69% 71% 71% 18% 18% 18% 15% 16% 84 83 83 81 83 3Q25 4Q25 1Q26 2Q26 3Q26 Micro-SMEs Loans Housing Loans Personal Loans 1.4 1.4 1.3 1.3 1.4 6.7 6.6 6.5 6.3 6.5 3Q25 4Q25 1Q26 2Q26 3Q26 Other Retail Income Other Retail Yield on Loan 162% 156% 160% 271% 273% 3.7% 3.8% 3.9% 1.7% 1.7% 3Q25 4Q25 1Q26 2Q26 3Q26 % Coverage ratio % NPL
Page 21
21 | 3Q 2026 Financial Performance | Kiatnakin Phatra Commercial Loans Loans Loan Yield Portfolio Quality Loans Loan Yield Portfolio Quality SME Real Estate Baht in billion Baht in billion Baht in billion 22 20 22 22 23 3Q25 4Q25 1Q26 2Q26 3Q26 0.3 0.3 0.3 0.3 0.3 5.7 5.4 5.2 5.0 4.9 3Q25 4Q25 1Q26 2Q26 3Q26 RE Income RE Yield on Loan 55% 57% 60% 61% 64% 11.1% 12.5% 11.4% 11.0% 10.6% 3Q25 4Q25 1Q26 2Q26 3Q26 % Coverage ratio % NPL 9 8 8 9 8 24 25 24 25 26 33 33 33 34 34 3Q25 4Q25 1Q26 2Q26 3Q26 Apartment and Hotel General Industry 0.5 0.4 0.4 0.4 0.5 6.1 5.5 5.4 5.3 5.3 3Q25 4Q25 1Q26 2Q26 3Q26 Income SME Yield on Loan 41% 40% 42% 42% 50% 5.6% 5.4% 5.5% 4.9% 4.4% 3Q25 4Q25 1Q26 2Q26 3Q26 % Coverage ratio % NPL
Page 22
22 | 3Q 2026 Financial Performance | Kiatnakin Phatra HEADLINE OR TITLE TYPE HERE.
Page 23
23 | 3Q 2026 Financial Performance | Kiatnakin Phatra HEADLINE OR TITLE TYPE HERE. Q3 2026 Sustainability Highlight Outstanding Human Rights Award 2nd consecutive year | Rights and Liberties Protection Department, Ministry of Justice 1 Enhanced Human Rights Policy alignment with international standards Including the Universal Declaration of Human Rights (UDHR), International Labour Organization (ILO), and Children’s Rights and Business Principles (CRBP) 2 Expanded Human Rights Due Diligence (HRDD) to cover AI-related risks Incorporating potential human rights impacts arising from the use of Artificial Intelligence (AI) 3 Conducted the first human rights risk assessment across KKPAM’s investment portfolio Supporting active engagement with investee companies on responsible business practices
Page 24
24 | 3Q 2026 Financial Performance | Kiatnakin Phatra HEADLINE OR TITLE TYPE HERE. Driving Sustainability from the Top Sustainability Governance Policies & Frameworks Monitoring & Disclosure Chaired by the CEO Senior executive remuneration is linked to long-term performance, including sustainability and climate change Sustainability Policy Human Rights Policy Climate Action Policy ESG Responsible Lending Policy ESG Risk Management Framework & ESG Risk Appetite Statement Sustainable Finance Framework ESG KPIs Monitoring Sustainability Report aligned with Sustainability Microsite Quarterly review sustainability.kkpfg.com Updated New KKP Sustainability Report
Page 25
25 | 3Q 2026 Financial Performance | Kiatnakin Phatra HEADLINE OR TITLE TYPE HERE. Investment Products ESG integration into product selection and management process 100% ESG risk assessment (corporate lending customers) Capital Market Activities Responsible Investment Embedding Sustainability into Core Business Activities ESG Responsible Lending Policy & Exclusion list Top-Pick Funds ESG screening & integration Responsible Lending Sustainable Investment Management and Advisory Transaction Escalation to ESGC Transactions over THB 1,000 million with severe environment and social impacts Participated in the Financing the Transition program (Phase 1 & 2) Best Innovative Product Award Active Stewardship Engagement program with investee companies A signatory to
Page 26
26 | 3Q 2026 Financial Performance | Kiatnakin Phatra Investor Relations KIATNAKIN PHATRA BANK PUBLIC COMPANY LIMITED 209, KKP Tower A, 12th Floor Sukhumvit 21 (Asoke) Klongtoey-nua, Wattana Bangkok 10110 Tel. (662) 495-1366 E-mail : investor_relations@kkpfg.com http://www.kkpfg.com Kiatnakin Phatra Financial Group Disclaimer: This presentation contains some information from other sources, Kiatnakin Phatra Financial Group cannot confirm, in all cases, the accuracy and completeness of such data, particularly where the data sourced from outside the Group. In addition, any forward looking statements are subject to change as a result of market conditions and the final result may be different to that indicated. The Group makes no representation or warranty of any type whatsoever on the accuracy or completion of the information contained herein.