Research Disclosures & Disclaimers

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products.

TMB Thanachart Bank (TTB.BK)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Bt)	Price Target (Bt)	Rating
2022-04-04	1.32	-	No Rating
2022-04-07	1.31	1.20	Sell
2022-10-20	1.28	1.25	Sell
2023-01-06	1.45	1.50	Neutral
2023-01-24	1.44	1.55	Neutral
2023-04-24	1.46	1.60	Neutral
2023-05-29	1.58	1.80	Buy
2023-07-25	1.68	1.90	Buy
2023-10-19	1.72	2.00	Buy
2023-11-24	1.56	1.90	Buy
2023-12-21	1.60	1.80	Buy
2024-01-23	1.79	2.10	Buy
2024-06-25	1.74	2.00	Buy
2024-07-30	1.69	1.90	Buy
2024-08-31	1.85	1.90	Neutral
2024-12-11	1.83	2.00	Buy
2025-01-24	1.87	2.10	Buy
2025-04-22	1.81	1.90	Neutral
2025-06-16	1.95	2.10	Buy

Disclosures

Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.