Investor Presentaiton

GCAP Performance highlights | 2019 Income statement highlights Cash flow highlights GEORGIA CAPITAL FY19 FY18 Change 229 164 +40% | I I I GEL millions ¦ Dividend income Net interest expense FY19 122 GEL millions Group consolidated operating cash flow* * Including GHG, adjusted for IFRS16 impact. (7) GCAP operating expenses (34) Total value creation GEL 134 million GCAP Standalone interest coverage | FY19 GCAP net operating income 81 2.8x Total investment return 12 Net income 72 Strong dividend inflows of GEL 122 million from our portfolio businesses. GCAP standalone cash expense Coverage | FY19 8.4x Page 26

View entire presentation