Organization Chart

Business Structure of Kiatnakin Phatra Financial Group

The Bank, the parent company of the Group, operates the commercial banking business. PHATRA is the Bank’s subsidiary company, which is a holding company and operates an investment business. CMIC Development Company Limited (“CMIC”), another subsidiary company, operates the off ice rental and property management business for the Bank and subsidiary companies. PHATRA has subsidiary companies which consist of PTSEC, which is a securities and derivatives broker, PASSET and Phatra Asset Management (Cayman) Limited (“Phatra Asset Management (Cayman)”), which are asset management companies, and Phatra Equity Market Neutral Asia Pacif ic Fund, which is an investment management in overseas securities company.

The shareholding structure of the Group is as follows:

In addition, the Bank holds unit trusts in six mutual funds for resolving f inancial institution problems. The Bank holds 99.95% shares in Asia Recovery Fund 1, 99.59% shares in Asia Recovery Fund 2, 99.97% shares in Asia Recovery Fund 3, 98.91% shares in Thai Restructuring Fund, 95.72% shares in Bangkok Capital Fund and 94.03% shares in Gamma Capital Fund.