1Q2024 Analyst Presentation

TEST-1Q24 TECHCOMBANK RESULTS: Upbeat performance backed by lower cost of funds

“Techcombank delivered strong financial performance in 1Q 2024, extending our positive momentum from last year. TOI and PBT increased 32% and 39% YoY respectively, driven by stellar performance across interest income, fee income and other income, while costs continued to be closely managed. Our credit growth continued to be higher than the market while net interest margin improved, and CASA balance further increased by ~2% year-to-date despite the absence of the year- end seasonal effect. Our CASA momentum was supported by the launch of unique customer value propositions, notably Auto-Earning and Techcombank Rewards in the quarter, which helped our CASA ratio to reach 40.5%. The resilience of the Bank’s profitability, balance sheet and asset-quality means that management is confident of sustaining its performance and growth trajectory during the fourth year of our transformation journey. We were therefore delighted that the dividend payment plan of 1,500 dong per share was approved at our 2024 AGM, further enhancing value-creation for our shareholders.” - Jens Lottner - Techcombank CEO