Investor Presentaiton

Private large portfolio companies EXTERNALLY VALUED P&C INSURANCE BUSINESS OVERVIEW Distribution Mix (GPW %) | FY23 COMBINED RATIO Partnerships with Financial Institutions 31% MTPL Channel 3% +10.3ppts +10.7ppts 89.5% 89.0% 82.1% 81.5% 73.9% 77.5% 80.8% 79.2% 72.6% 75.2% 75.4% 78.3% 35.6% 42.8% 35.4% 40.0% 38.2% 41.6% 44.0% 53.8% 49.8% 48.4% 47.3% 47.5% Direct Sales & Brokers 38.3% 34.7% 37.2% 35.2% 37.3% 40.6% 37.6% 32.4% 66% 2014 2015 2016 2017 2018 2019 2020 2021 34.1% 35.8% 34.5% 38.5% -2.2% -0.1% -3.7% 0.7% 2022 2023 4Q22 4Q23 Expense Ratio ■Loss Ratio Finance ratio •Combined Ratio Operating Metrics 4Q23 FY23 PROFIT & DIVIDEND PAYOUT RATIO¹ Number of policies written 25,985 114,378 (corporate) 28% 37% 37% 38% 34% 30% 25% 25% 30% 24% 30% 29% Change (y-o-y) 36.8% 34.2% CAGR 11% -11.0% Number of policies written 57,183 210,984 21 (retail) 18 18 18 19 16 14 Change (y-o-y) 33.5% 27.3% 7 Number of claims reported 5,024 25,920 11 64% 17 88% +0.6% 82% 68% 71% 61% 55% 6 6 51% Change (y-o-y) 29.4% 56.9% 2014 2015 2016 2017 2018 Profit Georgia Capital PLC | 1. Calculated based on net income, adjusted for non-recurring items and average equity, adjusted for preferred shares where applicable. 2019 2020 2021 Dividend Payout Ratio 2022 2023 4Q22 4Q23 ROAE GEORGIA CAPITAL 56

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