The Bank’s subsidiaries are classified based on this group structure as shown in the chart below: 1.3.2 The Bank’s Group Structure Chart 1.3.3 Business description of subsidiary and associated companies As of December 31, 2021, TMBThanachart had invested in subsidiary and associated companies as described below: 1/ Phahonyothin Asset Management Co., Ltd. is a subsidiary in solo consolidation group. TMBThanachart Broker Co., Ltd. is a subsidiary in full consolidation group. 2/ Thanachart Bank Plc. has changed the name to TBCO Plc. The company registered dissolution with Ministry of Commerce on 1 November 2021 and currently on liquidation process. Subsidiary in Consolidation Group Outside Consolidation Group 100.00% 99.99% 35.00% 49.90% TMBThanachart Bank Plc. Co., Ltd. TMBThanachart Broker Co., Ltd. Thanachart Fund Management Co., Ltd. Phahonyothin Asset Management Co., Ltd. TMB Asset Management Co., Ltd. Name Type of business Investment value by cost method as of Dec 31, 2021 (THB million) % of shareholding by TTB as of Dec 31, 2021 Subsidiary companies 1. 2. Phahonyothin Asset Management Co., Ltd. Thanachart Broker Co., Ltd. 2/3/ Asset management Insurance brokerage 298 117 100.00% 100.00% Total investment in subsidiary companies 415 86 TMBThanachart Bank Public Company Limited
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