Portfolio and Acquisitions Summary 2019

Strong corporate governance Aligned shareholder and management interests by share compensation Platform costs - targeted at maximum c.2% of MCAP Key things to know GEORGIA CAPITAL 1 Cash preservation is a key target for GCAP: two thirds of total operating expenses are related to share-based compensation. 33% 2 c. 1% of executives compensation is in fixed shares; with another 1% being fully discretionary, subject to achieving KPIs. 67% 3 GCAP's management's compensation is paid in long-vested (6-year) shares only, with no cash component. cash non-cash Page 12

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