Major Shareholder

Major Shareholders

Top ten major shareholders of the Company as of 31 December 2021 as follows :

No. Name Number of Shares %
1 Thanachart SPV 1 Company Limited  3,193,478,833 56.39
Thanachart Capital Public Company Limited  213,361,588 3.77
2 Raffles Nominees (PTE) Limited  317,233,091 5.60
3 Thai NVDR Company Limited  185,992,720 3.28
4 Mr. Charoensook Kititti  154,821,837 2.73
Mrs. Chittraporn Kititti  3,368,464 0.06
5 SCB Dividend Stock 70/30 Long Term Equity Fund  78,667,687 1.39
7 Mrs. Naowanart Chamornmarn  46,000,000 0.81
8 Mrs. Wilawan Rongwatthanasophon  35,526,598 0.63
9 Bangkok Life Assurance Public Company Limited (2)
By Bangkok Capital Asset Management Company Limited
 28,369,000 0.50
10 Allianz Ayudhya General Insurance Public Company Limited 26,000,000 0.46
Other shareholders 1,323,135,281 23.37
Total 5,663,028,199 100.00
Thai Shareholders 5,226,144,919 92.29
Foreign Shareholders 436,883,280 7.71

Note : (1) The major shareholders No.1 Thanachart SPV 1 Company Limited is a subsidiary of Thanachart Capital Public Company Limited, which holds 100.00% of shares. Thanachart Capital Public Company Limited is a listed company on the Stock Exchange of Thailand, and operated as the holding company business.

(2) The major shareholders No.2 is Nominee Accounts who held the shares by NORTH HAVEN THAI PRIVATE EQUITY, L.P.

(3) The major shareholders No.3 Thai NVDR Company Limited engages in the business of issuing non-voting depository receipts (NVDR) are sold to investors, the proceeds of which are invested in SET-listed Thai reference securities. Investors in NVDRs are eligible for financial benefits as if they were shareholders of listed companies, but they are ineligible to vote at shareholder meetings, except for involve stock delisting from the SET.

(4) The major shareholders No.6 is Nominee Accounts that cannot be identified real shareholders.

(5) Thanachart Capital Group, as the major shareholder of the Company, have significantly on the establishment of policy, management and operation of the Company.

(6) The Company has no agreement between the major shareholders in matters affecting the issuance and offering of securities or management of the Company.

Shareholder Structure

December 31, 2021

Shareholding of Directors and Executives

Dividend Payment Policy

The Company has a dividend payment policy at least 50 percent of net profit in accordance with the Company’s Article of Association unless there are any other crucial circumstances and the dividend payment shall not impact the Company’s operation significantly. The 3-year historical dividend payment of the Company are as follows:

Details 2019 2018* 2017
Net Profits (Separate Financial Statements) (Baht) 1,849,703,703 1,640,754,904 1,125,812,903
Net Profits (Consolidated Financial Statements) (Baht) 1,963,564,460** 1,640,707,432**
Number of Paid-up Shares (Shares) 3,775,353,450 3,020,283,681 2,416,227,209
Stock Dividend (Baht per Shares) 0.25 0.25
Cash Dividend (Baht per Shares) 0.32 0.29 0.03
Total Dividend Payment (Baht per Shares) 0.32 0.54 0.28
Total Amount of Dividend Payment (Baht) 1,208,113,104 1,630,953,188 676,543,618
Dividend Payout Ratio per Net Profit

(Separate Financial Statements) (Percent)

65.31 99.40 60.09
Dividend Payout Ratio per Net Profit

(Consolidated Financial Statements) (Percent)

61.53 99.40

Note : (*) In the end of 2018, the Company invested in RTN Insurances Brokers Co., Ltd. for 100%.  Since it has not yet been active, the 2018 and 2019 financial statement reflected only the overall financial performance.

(**) Attributable to equity holders of the Company

The subsidiary’s dividend payment policy to the Company, subsidiary will pay when there is no any other crucial circumstances and such dividend payment shall not impact the subsidiary’s operation significantly.