Investor Presentation

May 19, 2015

Disclaimer

This presentation may include forward looking statements. All statements, other than statements of historical facts, that address activities, events or developments that Taishin Financial Holding Co. Ltd. (“Taishin”) expects or anticipates will or may occur in the future are forward-looking statements. Taishin’s actual results or developments may differ from those indicated by these forward-looking statements as a result of various factors and uncertainties which are beyond our control. In addition, Taishin makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements.

1

Executive Summary

1Q15 FHC

Performance

• 1Q15 net profit NT$4.6bn versus NT$4.8bn in 1Q14

• Book value NT$11.72/share, EPS NT$0.49, ROE 17.04%

• Continuous YoY improvement in NII (+13.5%) and net fee income (+20.1%)

• Operating expenses up 6.2% YoY

• Capital strength sufficient with FHC CAR at 124.7% and Bank BIS at 11.3%

1Q15 Bank

Earnings

• NII NT$4.2bn, up 10.6% YoY, NIM 1.52% in 1Q, with loan growth 12.7% YoY

• Net fee income NT$2.7bn, up 21% YoY

• Operating expenses NT$4.4bn, up 6% YoY

• NPL ratio at 0.16% and coverage at 788.9%

• Bank ROE 16.6%

2015 Outlook

• Loan growth momentum remains, with focusing on Home equity, Unsecured

personal lending and SME

• Positive trend on fee income growth, with focusing on Wealth management

• NIM outlook overall stable

2

Agenda

1Q15 FHC Financial Performance

1Q15 Bank Earning Drivers

2015 Business Outlook

3

Financial Holding Company: Earnings Results

1Q14 1Q15 YoY 1Q14 (adj)

1Q15

(adj) YoY

Pretax Earnings (NT$mn) 4,810 4,505 -6.4% 4,793 4,284 -10.6%

Net Income after Tax (NT$mn) 4,824 4,550 -5.7% 4,807 4,288 -10.8%

EPS (NT$) 0.56 0.49 -12.1% 0.55 0.46 -17.1%

Book Value (NT$) 13.62 11.72 -14.0% - - -

ROE (%) 18.50 17.04 - 18.43 16.03 -

Note:

1. FHC pretax earnings here are FHC standalone pretax profit including net profits from major subsidiaries plus 22.55% stake in

Chang Hwa Bank’s net profit minus FHC operating and interest expenses.

2. Preliminary figures.

3. 1Q14 Excluding one-time item: recovery from Lehman.

4. 1Q15 Excluding one-time items: retention refund from Taiwan Securities and recovery from Lehman

5. For common shares only.

2 2,4

1

3

5

4

5

5

127.9% 129.7% 132.6% 133.1%

122.7%

124.7%

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Key Capital & Risk Ratios

FHC CAR

8.3% 8.6%8.3% 8.8%8.5%8.4%

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Tier 1 %

Bank BIS

11.1% 10.9% 11.0% 11.0% 11.0% 11.3%

5

131.3%1

Note

1. If removing the impact from loss of losing majority of CHB board ,

Taishin FHC CAR would be at 131.3%.

2014/12 2015/03

Double Leverage : 109.3% 108.8%

Debt/Equity : 21.7% 20.49%

2014/12 2015/03

NPL: 0.14% 0.16%

Coverage: 977.5% 788.9%

Reserve / Loan: 1.32% 1.30%

4,904225 5,129

777 320 149 64308

3,22362

Adjusted

4Q14

Pretax

Earnings

NII Net Fee

Income

Investment/

Trading

Others Expenses Provisions,

Net

Adjusted

1Q15

Pretax

Earnings

One-time

Factors

1Q15

Pretax

Earnings

Better

Worse

NT$mn

FHC’s Aggregate Profit

4,904

516

225 5,129

539

(1,349) (198) (283)

2055,474

Adjusted

1Q14

Pretax

Earnings

NII Net Fee

Income

Investment/

Trading

Others Expenses Provisions,

Net

Adjusted

1Q15

Pretax

Earnings

One-time

Factors

1Q15

Pretax

Earnings

Note

1. FHC aggregate earnings here are pretax earnings from major subsidiaries plus 22.55% stake from CHB net profit minus FHC operating

and interest expenses.

2. The analysis on the following pages is based on adjusted numbers excluding one-time items.

1Q15 vs. 4Q14

1Q15 vs. 1Q14

6

3.4

2.32.0

0.2

3.8

2.7

3.2

0.5

4.3

1.9

0.3

3.2

NII Fee Income Investment &

Trading

Others

FHC Revenue Mix

1Q15 FHC Revenue Mix Historical Trend

1Q13 1Q14 1Q15 1Q13 1Q14 1Q15 1Q13 1Q14 1Q15 1Q13 1Q14 1Q15

YoY +13.5%

NT$bn

YoY +20.1 % YoY

-42.1%

YoY -42.1%

TMU

5.0%

Trading

7.2%

7

1Q15 Total Revenue: NT$10bn, YoY - 4.8%

Net Interest Income 44.8%

Net Fee Income 33.2%

Investment

& Trading 19.2%

Other Income

2.8%

LT-Inv.1

7.0%

Note:

1. LT-Investment mostly comes from CHB

Trading

7.2%

TMU

5.0%

1,275

319 379

125

166

1,642

291

442

140 168

1,573

307 398

163 176

1,557

267

433

165 134

1,516

304 327

162 134

1,964

260

702

148 146

Wealth Management Credit Card Corporate Banking Consumer Banking Others

Wealth Management Credit Card Corporate Banking Consumer Banking Others

3,221

2,682

1Q14 1Q15

FHC Net Fee Income

QoQ: +29.5% QoQ: -14.5% QoQ: +115.0% QoQ: -9.0% QoQ: +9.5%

YoY: +19.6% YoY: -10.5% YoY: +58.9% YoY: +5.7% YoY: -12.7%

NT$mn

4Q13 1Q15 4Q13 1Q15 4Q13 1Q15 4Q13 1Q15 4Q13 1Q15

+20.1%

8

FHC Cost Income Ratio

4.7 4.6 4.7 4.7 4.9 4.8

7.9

10.2

8.8 8.98.4

9.7

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Revenue Operating Expense

NT$bn

C/I Ratio 60.1% 44.8% 53.6% 53.2% 58.5% 50.0%

9

FHC Core Business PPOP

2,4442,5552,6172,682

2,264

3,221

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

FHC Net Fee Income

1,841

2,1882,3492,130

3,677

1,661

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Investment/Trading & Others

4,725 4,557 4,731 4,707 4,904 4,840

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

FHC Operating Expenses

4,103

4,846

3,4734,144

5,621

3,138

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

FHC Pre-Provision Operating Profit

NT$mn

4,3354,2734,108

3,8673,8193,758

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

QoQ: + 1.5% YoY: +13.5%

QoQ: +31.8% YoY: +20.1%

QoQ: +28.2% YoY: -42.1%

QoQ: +39.5% YoY : -13.8%

QoQ: -1.3% YoY : +6.2%

FHC Net Interest Income

10

Agenda

1Q15 FHC Financial Performance

1Q15 Bank Earning Drivers

2015 Business Outlook

11

Bank Earnings

Key Profit Drivers: 1Q15 vs. 1Q14

• NII +10.6%

• Net fee income +21.0%

• Investment / trading & others -46.9%

• Operating expenses +6.0%

• Recoveries +21.4%

Note

1. 1Q14 bank earnings exclude one-time item: recovery from Lehman.

1Q15 bank earnings exclude one-time item: recovery from Lehman.

2. All figures are on consolidated basis.

2.3

4.3

3.8

3.4

2.6

4.0

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Bank Pre-tax Profits1

NT$bn

12

4,2334,1664,0653,8603,8293,800

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

1,2571,431

1,2171,336

2,515

1,235

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Bank Core Business

2,688

1,884

2,221 2,1552,034 1,969

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Net Fee Income

4,3704,104 4,022

4,2464,533

4,351

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Operating Expenses

3,284

2,8362,571

4,461

3,210

3,906

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Pre-Provision Operating Profit

NT$mn

Net Interest Income

QoQ: +1.6%

YoY: +10.6%

QoQ: +36.5%

YoY: +21.0%

QoQ: +8.2%

YoY: -46.9%

QoQ: -4.0%

YoY: +6.0%

QoQ: +37.7%

YoY: -12.4%

Investment/Trading & Others

Note:

1. All figures are on consolidated basis

13

3449

102

221

316

3650

107

223

331

3851

113

225

350

40

53

120

227

348

42

54

128

231

371

44

55

134

233

376

Cor por at e Fir st M or t gages Hom e Equit y + Second M or t gage Unsecur ed O t her s

Stable Loan Growth

Note:

1. Home equity loan is in first-lien position on the property.

2. Others include auto loans, second mortgage, retail SME, and other consumer products.

NT$bn

QoQ: +1.4% QoQ: +0.9% QoQ: +4.4% QoQ: +0.7% QoQ: +3.9%

YoY: +13.5% YoY: +4.6% YoY: +25.4% YoY: +10.2% YoY: +21.6%

1Q15 Total Loan: NT$841bn, QoQ +1.8%, YoY +12.7%

4Q13 1Q15 4Q13 1Q15 4Q13 1Q15 4Q13 1Q15 4Q13 1Q15

Corporate First Mortgage Home Equity1 Consumer Unsecured Others2

14

FCY Loan 19.4%

NTD Loan 80.6%

1Q15 Loan Mix

% of Total Credit 1Q15

DRAM 0.3%

Solar 0.5%

LED 0.2%

By Product By Currency

(YoY: +23.8%)

(YoY: +10.4%)

Note:

1. Others include auto loans, second mortgage, retail SME, and other consumer products.

1

15

Corporate 44.7%

First Mortgage

27.7%

Home Equity 15.9%

Consumer Unsecured

6.5%

Others 5.2%

11.4 11.2 11.04.2 4.03.7

35.934.032.5

38.0 39.7 40.5

11.7 11.511.3

3.5 3.2

4.5

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Cash Card

Credit Card

Personal

Lending

Manufacturing 32.5%

Property & Construction

10.6%

Retail & Wholesale

18.6%

Transportation & Telecom

4.7%

Financials 22.7%

Others 11.0%

Tech

19.5%

Non Tech

13.0%

Credit Composition & Unsecured Lending

NT$bn

Corporate Credit Composition Consumer Unsecured Lending

53.0 54.4 54.7

49.7 48.8

QoQ YoY

Cash Card -6.8% -23.3%

Credit Card -1.7% -4.1%

Personal Lending +2.0% +19.2%

Total Unsecured +0.7% +10.2%

1

Note:

1. Credit card includes credit card revolving and credit card loan.

51.1

1

16

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

FCDemand

NTDDemand

FCTime

NTDTime

NT$bn

10.5% 10.8% 11.4% 11.9% 11.1% 11.0%

48.8% 47.2% 46.6% 45.9% 47.0% 46.7%

31.3% 32.7% 32.5% 33.0% 32.6% 32.1%

911

1,004

913 9.2%

9.4% 10.2%

9.4%

941 959

9.3% 9.5%

1,018

Deposit Mix

Loan-to-Deposit Ratio (%)1

1. Calculation of Loan-to-deposit ratio is based on regulator definition.

QoQ: + 1.3% YoY: +11.4%

81.4%

78.3%

80.7%81.7% 81.3%

81.8%

0.0

Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15

17

Deposit Mix (%)

Demand

deposit /

Total

Deposit

40.7% 42.0% 42.0% 42.2% 42.0% 42.2%

Bank NIM and Spread

1.521.53

1.571.55

1.53 1.52

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

NIM1.2 Overall Spread1.2

Note:

1. NIM & spread figures are quarterly average.

2. Both NIM & spread exclude structured deposit for peer comparison purpose.

NIM (%)

1.931.921.941.96

1.95 1.92

2.002.00 2.00 1.99 1.99 1.98

1.661.671.63

1.741.771.72

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Overall Spread % NTD Spread % FX Spread %

18

834 872 931

Credit Card Business

67,09073,957 75,319

+1.8%

2014.12 2013.12 2015.03

Note

1. Total spending excludes cash advance.

NT$bn

thousands

Number of Merchants Served

38.6 39.642.5

Spending

Active Cards

2,162

2,403 2,420+11.1%

2014.12 2013.12 2015.03

+2.4%

NT$mn

Gross Fee Income

1Q14 1Q13 1Q15

+6.7%

1Q14 1Q13 1Q15

19

+10.2%

+7.5%

+0.7%

+4.5%

580 528 514 516 522 481

29

256178

547

7930

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

Corporate

Consumer

Recovery

NT$mn

695

QoQ : +33.8%

YoY : + 21.4%

737

610

1,062

551 607

20

0.16%0.14%0.21%

0.14%0.16%0.15%

788.9%

977.5%

656.6%

925.1%

828.7%826.9%

- 1. 00%

0. 00%

1. 00%

- 500. 00%

- 300. 00%

- 100. 00%

100. 00%

300. 00%

500. 00%

700. 00%

900. 00%

1100. 00%

NPL% Cov erage %

1,097 1,172 1,0831,613

1,106 1,371

10,815 10,81610,59110,016

9,7089,070

4Q13 1Q14 2Q14 3Q14 4Q14 1Q15

NPL NT$mn Reserve NT$mn

Note: NPL%, coverage%, NPL amount and reserve amount exclude A/R.

Taishin Bank NPL and Coverage

Reserve /

Loan Ratio 1.27% 1.32% 1.30% 1.36% 1.32% 1.30%

21

Agenda

1Q15 FHC Financial Performance

1Q15 Bank Earning Drivers

2015 Business Outlook

22

2015 Business Outlook

Business Line Direction

Consumer Lending

Secured Lending

First Mortgage

Home Equity

Auto Loan

=

Unsecured Lending

Corporate Lending =

SME

Wealth Management

> +15%

+5% ~ +15%

= -5% ~ +5%

-5% ~ -15%

-15% <

23

APPENDIX

24

Financial Summary – Taishin FHC (Consolidated)

NT$mn, except for percentages

25

Note 1. EPS has been retroactively adjusted with 9% and 10% of stock dividend in August 2013 and 2014. 2. Preliminary figures 3. Income statement data includes CHB’s performance of Jan 1st ~ Dec 8th, 2014, 2013 full-year, and 2012 full-year, and 1Q14 respectively. 4. CHB is excluded from consolidated entities in 2014 & 1Q15 balance sheet data. 5. Common shares only.

NT$mn, except for percentages

2012 2013 2014 change 1Q14 1Q15 2 change

Interest income 48,769 50,532 55,785 10.4% 13,840 7,205 -47.9%

Interest expense (19,207) (19,253) (22,087) 14.7% (5,505) (2,870) -47.9%

Net interest income 29,562 31,279 33,698 7.7% 8,335 4,335 -48.0%

Net fee income 12,079 13,281 14,718 10.8% 3,748 3,221 -14.1%

Other income 7,783 11,267 (3,776) -133.5% 4,353 2,355 -45.9%

Total revenue 49,424 55,827 44,640 -20.0% 16,436 9,911 -39.7%

Operating expense (30,307) (30,970) (32,222) 4.0% (7,999) (4,840) -39.5%

Provisions, net 1,550 547 750 37.1% 2 58 2800.0%

Net Profit before Income Tax 20,667 25,404 13,168 -48.2% 8,439 5,129 -39.2%

Tax Expense (3,796) (4,830) (3,521) -27.1% (1,217) (576) -52.7%

Net Income after Tax 16,871 20,574 9,647 -53.1% 7,222 4,553 -37.0%

Net Income to Parent Company 10,387 13,836 1,624 -88.3% 4,824 4,550 -5.7%

Net Income to Non-controlling Interests 6,484 6,738 8,023 19.1% 2,398 3 -99.9%

Net Income 16,871 20,574 9,647 -53.1% 7,222 4,553 -37.0%

EPS(NT$)1 1.10 1.57 0.08 -95.2% 0.56 0.49 -12.5%

Balance Sheet Data 4

Total Assets 2,727,366 2,870,987 1,382,953 -51.8% 2,951,421 1,421,023 -51.9%

Shareholders' Equity(incl. Non-controlling) 182,455 197,989 114,184 -42.3% 207,072 119,031 -42.5%

Shareholders' Equity-Common Stock 86,029 96,222 99,148 3.0% 102,550 103,768 1.2%

Summary Ratios

Equity/Assets 6.69% 6.90% 8.26% 7.02% 8.38%

Return on average assets (annualized) 0.63% 0.73% 0.45% 0.99% 1.30%

Return on average equity (annualized) 5 11.15% 14.19% 0.73% 18.50% 17.04%

Income Statement Data 3Quarterly ComparisonFull-Year Comparison

NT$mn, except for percentages

2012 2013 2014 Change 1Q14 1Q15 Change

Interest income 22,026 22,969 26,004 13.2% 6,153 6,957 13.1%

Interest expense (8,342) (8,550) (10,085) 18.0% (2,325) (2,724) 17.2%

Net interest income 13,684 14,419 15,919 10.4% 3,828 4,233 10.6%

Net fee income 6,822 7,511 8,379 11.6% 2,221 2,688 21.0%

Other income 4,135 8,182 7,150 -12.6% 2,536 1,361 -46.3%

Total revenue 24,641 30,112 31,448 4.4% 8,585 8,282 -3.5%

Operating expense (14,901) (15,672) (17,205) 9.8% (4,104) (4,351) 6.0%

Net Provisions 637 (113) 293 359.3% (155) 114 173.5%

Income before tax 10,377 14,327 14,536 1.5% 4,326 4,045 -6.5%

Net income 8,655 12,179 13,035 7.0% 3,761 3,498 -7.0%

Balance Sheet DataGross loans 666,729 712,764 817,107 14.6% 737,065 832,381 12.9%

Credit revolving loans 11,708 10,580 10,451 -1.2% 10,454 10,343 -1.1%

NPL 904 1,097 1,106 0.9% 1,172 1,371 17.0%

Allowance for Loan losses 7,833 9,070 10,821 19.3% 9,708 10,816 11.4%

Total assets 1,084,240 1,132,409 1,334,764 17.9% 1,166,478 1,370,594 17.5%

Deposits 825,408 879,294 973,569 10.7% 881,886 988,045 12.0%

Shareholders' equity 68,980 73,685 82,316 11.7% 77,548 86,113 11.0%

Summary RatiosLoan-to Deposit Spread 1.95% 1.95% 1.93% 1.96% 1.93%Net interest margin 1.49% 1.52% 1.54% 1.57% 1.52%Net fee income / Total revenue 27.7% 24.9% 26.6% 25.9% 32.5%Cost-to-Income ratio 60.5% 52.0% 54.7% 47.8% 52.5%Return on average assets(Annualized) 0.8% 1.1% 1.1% 1.3% 1.0%Return on average equity(Annualized) 13.1% 17.1% 16.8% 19.9% 16.6%NPLs / Gross loans 0.14% 0.15% 0.14% 0.16% 0.16%Allowance / Gross loans 1.17% 1.27% 1.32% 1.32% 1.30%Allowance / NPLs 866.8% 826.9% 977.5% 828.7% 788.9%Equity / Assets 6.4% 6.5% 6.2% 6.6% 6.3%Loan to deposit ratio 77.8% 78.3% 81.4% 80.7% 81.8%

Income Statement Data

Full-Year Comparison Quarterly Comparison

Financial Summary – Taishin Bank

Note: 1. Gross loans exclude credit card revolving and factoring NR but include over-due loans. 2. Deposits exclude postal deposits and interbank deposits. 3. Calculation of loan-to-deposit ratio is based on regulatory definition. 4. Preliminary figures

4

26

2

1

3

Deposit Mix

NT$bn 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 %

1Q15

v s 4Q14

1Q15

v s 1Q14

Current Deposits 370.9 383.9 395.1 404.2 421.4 429.8 42.2% 2.0% 12.0%

• Checking 4.3 7.7 5.5 4.4 5.2 4.4 0.4% -14.8% -43.1%

• Demand 77.9 80.3 88.2 93.8 92.3 87.8 8.6% -4.8% 9.3%

• Current Savings 203.4 210.8 211.8 217.9 229.9 234.0 23.0% 1.8% 11.0%

• Foreign Currency 85.3 85.1 89.6 88.1 94.1 103.6 10.2% 10.1% 21.7%

Time Deposits 540.2 529.5 546.2 554.6 583.1 588.0 57.8% 0.8% 11.0%

• Time 186.2 164.6 167.0 163.5 191.7 186.8 18.4% -2.5% 13.5%

• Time Savings 228.2 236.0 242.0 247.0 250.2 260.0 25.5% 3.9% 10.1%

• Interbank1

30.0 30.5 30.0 30.0 30.0 29.0 2.8% -3.4% -4.9%

• Foreign Currency 95.8 98.4 107.2 114.2 111.2 112.2 11.0% 0.9% 14.1%

Total Deposits (excl. structured deposit) 911.1 913.4 941.2 958.8 1004.4 1,017.8 100.0% 1.3% 11.4%

Total Deposits (incl. structured deposit) 942.2 953.4 991.1 1006.4 1056.3 1,069.6 1.3% 12.2%

Note:

1. Including postal deposits

2. Outstanding balance

27

NT$bn 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 %

1Q15

vs 4Q14

1Q15 vs

1Q14

Corporate Loans 316.0 331.1 350.2 348.1 370.7 375.9 44.7% 1.4% 13.5%

Consumer Loans 405.8 414.8 427.8 439.7 455.3 465.0 55.3% 2.1% 12.1%

• First Mortgage 220.6 222.5 225.0 226.6 230.7 232.8 27.7% 0.9% 4.6%

• Home Equity 102.2 106.8 113.4 120.0 128.2 133.9 15.9% 4.4% 25.4%

• Unsecured Loans1

48.8 49.7 51.1 53.0 54.4 54.7 6.5% 0.7% 10.2%

- Good Bank 44.2 45.4 47.1 49.3 51.0 51.6 6.1% 1.2% 13.5%

- Bad Bank 4.6 4.3 4.0 3.7 3.4 3.2 0.4% -7.0% -25.1%

• Other Consumer Loans 34.3 35.9 38.3 40.0 42.0 43.6 5.2% 3.9% 21.6%

- Auto Loan 24.5 25.6 27.4 29.0 30.9 32.5 3.9% 5.2% 26.9%

- Second Mortgage 6.9 6.7 6.6 6.6 6.5 6.4 0.8% -1.1% -3.8%

- Consumer SME & Others 2.9 3.6 4.3 4.5 4.6 4.7 0.6% 1.8% 30.6%

Total Loans 721.8 745.9 778.1 787.8 826.0 840.9 100.0% 1.8% 12.7%

Loan Mix

Note:

1. Unsecured loans include cash card, credit card revolving & loan products and personal lending.

28

NPL Ratios by Loan Book

Dec 13 Mar 14 Jun 14 Sep 14 Dec 14 Mar 15

Corporate Loan1 NPL %2 0.20% 0.21% 0.19% 0.34% 0.18% 0.26%

Consumer Loan1 NPL %2 0.14% 0.14% 0.12% 0.11% 0.11% 0.10%

- First Mortgage Loan NPL % 0.07% 0.08% 0.06% 0.06% 0.06% 0.05%

Consumer Unsecured IDRP

Default %3 0.07% 0.06% 0.07% 0.08% 0.09% 0.04%

NPL % 0.93% 0.99% 0.96% 1.07% 1.16% 1.23%

Note

1. NPL for corporate loan and overall consumer loan includes AR.

2. NPL calculation is NPL (including AR) / (total loan + overdue loan + credit card revolving).

3. IDRP monthly default rate is calculated as (current month default OS / last month pay).

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