Investor Presentaiton

Private large portfolio companies EXTERNALLY VALUED HOSPITALS BUSINESS OVERVIEW State healthcare spending, GEL millions Market share by number of beds¹ 13% 11% GHG 10% 9% 9% 9% 9% 10% Aversi 714 2,480 . Since 2020 Government spending 1,805 800 1,863 increased to manage the COVID - 19 in the country Vienna Insurance Group 615 Ghudushauri-Chachava 485 1,025 1,014 1,089 1,178 820 • 964 Country's expenditure on 855 681 574 710 760 829 1,680 ― healthcare 3.7% of GDP in 2020 (from 2.4% in 2019) 1,043 841 281 343 305 329 349 • Government spending on 2015 2016 2017 2018 2019 2020 2021E 2022B healthcare accounts c.13% of total budget in 2021 Inova 209 PSP 145 Other State Healthcare Spending - UHC State Healthcare Spending - Other Healthcare spending as a % of total state spending Key focus areas in medium and long-term 1 Adding new services and strategic projects 2 Quality projects 3 Improved key operational data 4 Digitalisation of clinical processes • 2,524 18% 5% 4% 3% 2% 1% 9,468 67% GEORGIA CAPITAL The largest healthcare service provider in Georgia: 15% market share by number of hospital beds. Covering 3/4 of Georgia's population. Next 5-year targets Ambulance, oncology centre, transplantology center, radiology hub, medical tourism clinical trials, post COVID programmes Nursing reform/CRM development/Quality education programmes Automatisation of clinical processes in hospitals/Digitalisation of clinical KPIs/Use of statistical methods Inpatient/Outpatient/Clinical/Employee and customer satisfaction EBITDA CAGR 10%+ EBITDA TO OPERATING CASH c.85%+ ROIC: c.13%+ Georgia Capital PLC | 1. Source: NCDC, data as of December 2021, adjusted for the traumatology hospital sale in April 2022 (excluding specialty beds). 54

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