Policy and Business Overview

Ratchthani Leasing Public Company Limited operates loan service business in hire purchase and finance leasing for new and old private automobiles, focusing on commercial vehicles, such as pick up, taxi, tractor and truck, etc. The Company also conducted business related to hire purchase and leasing assets.

Background

Ratchthani Leasing Public Company Limited was established on 2nd June 1988 under the original name of “Ratchthani Leasing Co., Ltd.”, with an initial capital of 6 Million Baht. The initial business aimed at the hire purchase loan services for second hand automobiles. Since its establishment, the Company has been increasing its registered capital for the business expansion. Its registered capital was raised to 36 Million Baht in the first year and to 56 Million Baht and 168 Million Baht in 1992 and 1995 respectively.

During the initial stage of business, the Company focused its business on hire purchase loan for second hand automobiles, both to individual retail customers via second hand car dealers and to second

hand car dealers as a floor plan credit for their purchase of used cars for sales. The proportion of both customer groups was about the same in the past. However, in 2006, the Company stopped the floor plan

credit business since it had the purpose of maintaining the Company’s market shares and market expansion in the first place rather than making profits as the main business.

Since 2000, the Company has applied for membership of Thai Hire- Purchase Association to obtain the information of the second hand automobile market for the benefits of the Company’ s business

operations. Currently, the Company’ s Credit Analyst Department and Marketing Department, with experiences in second hand automobiles, are responsible for recruiting new customers. They have built

good relationship with many automobile dealers and regularly visit second hand automobile dealers who are the Company’s partners. The Company’s partners must be considered and get approval before being

the partners according to the Company’s criteria and procedures.

Key Development

2002

The Company registered to be the public company and changed its name to “Ratchathani Leasing Public Company Limited” in August and certified to be the listed company on the Stock Exchange of Thailand on December 19, 2002.

2006

After holding of 39.76% of the paid-up capital, Siam City Bank Public Company Limited appointed its representation to be the Director of the Company for 4 persons according to its ratio after acquisition of securities.

2010

After purchasing the common shares of the Siam City Bank Public Company Limited from the Financial Institutions Development Fund, it resulted that Thanachart Bank Public Company Limited became the major shareholder instead of the Siam City Bank Public Company Limited which held 48.35% of shares of paid up capital.

2011

The Company registered the increased capital with the Ministry of Commerce from the previous registered capital at the amount of Baht 904,853,296 to the new registered capital of Baht 1,342,349,708. Such capital increase was done by offering to the existing shareholders. As a result, Thanachart Bank Public Company Limited became the major shareholder of the Company by holding 874,973,000 shares, or 65.18% of paid up capital.

2014

The Company was certification for membership of Thailand’ s Private Sector Collective Action Against Corruption (CAC), together with Thanachart Capital Public Company Limited and 10 companies of Thanachart Group.

2015

The Company’ s result of Corporate Governance 2015 evaluation was “ Very Good” in the Corporate Governance Report of Thai Listed Company: CGR by Thai Institute of Directors.

2016

The Company received the Best Company Performance Award 2016 and was considered to be a candidate for the Further Best Company Performance Award in “ SET Award 2016” organized by SET and Money and Banking Magazine.and the Company’s credit rating was upgraded from “BBB+” to “A-”, “Stable” outlook, from Tris Rating Co., Ltd.

2017

The Company was selected to be the securities element of SET 100 Index and SETHD (SET High Dividend 30 Index) for 2017

2018

The Company invested in RTN Insurances Brokers Co., Ltd. (“RTN Insurances Broker”) which conducts non-life insurance, life insurance, and related business, accounting for 100% of total paidup capital (including direct and indirect shareholding.) The objective was to provide services to hire purchase customers and financial leasing customers of the Company to satisfy their needs and sustain customer service efficiency. This would support the Company to provide the full services in hire purchase and financial leasing services business, leading to the continuous and steady growth.

Vision

A premier company providing credit loan especially for used cars, commercial vehicles, and other particular vehicles to meet the customers’ need covered all provinces in Thailand

Mission

MISSION TO SHAREHOLDES

To operate efficiently and transparently with sustainable growth to maximize great operation results and returns to shareholders continually

MISSION TO EMPLOYEES

To emphasize on human resources development to enhance their potential, expertise, and skills in order that they work professionally with integrity, ethics in their career, including providing remuneration to maintain good qualified employees for working at the Company

MISSION TO BUSINESS PARTNERS

To create good relationship, confidence, and rapid services to business partners, and provide reciprocal business returns fairly to enhance business collaboration effectively in the long term

MISSION TO CUSTOMERS

To provide the services development being excellent, precise and rapidly, propose qualified financial product to satisfy the target customers’ need on various vehicle types and maximize the most consummate satisfaction

MISSION TO SOCIAL

The Company has committed to conduct its business with integrity, principle, and discipline in compliance with law, regulations, and related rules in order to be responsible to social and jointly develop the country’s economy.

Core Values

To achieve its mission and vision with appropriate approach efficiently and be the same direction with Thanachart groups, the Company has defined its core values or C3 SIP to its all employees to understand and implement.

The Company’s core values, which are the belief and commitment of each employee acting during operation and providing services to customers, are as following:

Customer Focus

We are aware of the importance of customers’ need and commit to provide services responded on our customers’ need and create satisfaction.

Collaboration

We will collaboratively work as a team

Commitment

We will commit to operate for achieving the goal and responsible to performance.

Spirit

We are dedicated on working

Integrity

We will adhere on integrity, transparency, and anti-corruption.

Professional

We must have knowledge, skills, and competence appropriately to performance.

Board of Directors

Mr. Virat Chinprapinporn

Chairman

Mr. Kovit Rongwattanasophon

Director/ Managing Director

Mr. Charoensuk Kijitti

Director

Mr. Anuwat Luengtaweekul

Director

Mr. Pompet Rasanon

Director

Mr. William George Said

Director

Dr. Thakol Nanthirapakorn

Independent Director/ Chairman of Audit Committee

Mr. Surapon Satimanont

Independent Director/ Member of Audit Committee

Mr. Varavudh Varaporn

Independent Director/ Member of Audit Committee

Mr. Suvit Arunanondchai

Independent Director/ Member of Audit Committee

Dr. Naree Boontherawara

Independent Director/ Member of Audit Committee

Management Team

Name Position
1 Mr. Virat Chinprapinporn Chairman
2 Mr. Kovit  Rongwattanasophon Managing Director and Executive Chairman
3 Mr. Komsan Boonyoiyad Deputy Managing Director
4 Mr.Ponlaphe  Sakkayapapwicharnon Senior Assistant Managing Director
5 Mr.Sootchai  Viriyalappa Assistant Managing Director
6 Mr.Jaturaput  Hnudang Assistant Managing Director

IR Contact

Ratchthani Leasing Public Company Limited

77/35-36 Sinsathorn Tower, 11UP Floor,Krungthonburi Road., Kholngtonsai,

Khlongsarn, Bangkok 10600 Tel.02-431-9000 Fax.02-431-9099

Office of the Managing Director

77/35-36 Sinsathorn Tower, 11 Floor,Krungthonburi Road., Kholngtonsai,

Khlongsarn, Bangkok 10600 Tel.02-431-9000 Fax.02-431-9099

Email : rungtip_c@thani.co.th

Planning and Strategy

77/35-36 Sinsathorn Tower, 2 Floor, Krungthonburi Road., Kholngtonsai,

Khlongsarn, Bangkok 10600 Tel.02-431-9000 Fax.02-431-9099

Email : unchan_s@thani.co.th