× Individuals underestimate their life expectancy × Not many aware of longevity risk × Lacking of popularity and choice of annuity products 22 23 The Alpha Spectrum 24 Asset Location 25 Asset Location and

convertible securities by the persons under I to III - - - - - Total - - 6. Name of the tender offer preparer: TMB Bank Public Company Limited 7. Name(s) of other advisor(s) (if any): The Capital Law Office

public. ESG TRENDS Climate change Water scarcity Tech disruption Healthier lifestyle/longevity Labor scarcity Diversity How does ESG actually affect companies? For illustrative purposes only ESG SHOCKS

of;- BAFS - Long-term loans from TMB was of Bt2,250.0 million due on April 30, 2026 with 3 years grace period and quarterly, principal repayment: Bt80.4 million/period (the last repayment will be made

, increasing by Bt3,646.3 million from December 31, 2017 or 137.8%. These comprise of;- BAFS - Long-term loans from TMB was of Bt2,089.3 million due on April 30, 2026 with 3 years grace period and quarterly

loans from banks were Bt6,292.3 million, increasing by Bt3,646.3 million from December 31, 2017 or 137.8%. These comprise of;- BAFS - Long-term loans from TMB was of Bt2,089.3 million due on April 30

, 2018 or 7.0%. These comprise of;- BAFS - Long-term loans from TMB was of Bt2,008.9 million due on April 30, 2026 with 3 years grace period and quarterly, principal repayment: Bt80.4 million/period (the

to hedge away longevity risk and can therefore improve the overall efficiency of a retiree’s portfolio. The contribution of an annuity within a total portfolio framework, (ben- efit, risk, and cost

30, 2019 which was quarterly, principal repayment at rate of MLR minus percent of fixed rate per annum - Long-term loans from TMB was of Bt2,250.0 million due on April 30, 2026 with 3 years grace

%. These comprise of;- BAFS - Long-term loans from TMB was of Bt1,928.6 million due on April 30, 2026 with 3 years grace period and quarterly, principal repayment: Bt80.4 million/period (the last repayment