Investor Presentaiton

Beer business GBG KEY DEVELOPMENTS GLOBAL BEER GEORGIA 93303 remao BLACK LION 2017 1Q 2018 CRAFT BEER COMMERCIAL PRODUCTION LAUNCHED ACQUISITION OF LEADING GEORGIAN CRAFT BEER PRODUCER - BLACK LION - KAZBEGT 4Q 2018 APR-2019 FIRST CSD* AND BEER EXPORT ACQUISITION OF GEORGIA'S OLDEST BEER BRAND - KAZBEGI BEER & CSD KRUŠOVICE KRALOVSKÝ PIVOVAR TRO MRK. ΚΑΥΑΚΙ AMSTEL BIER TRADE MARK Heineken GEORGIA CAPITAL MAY-2019 MAY-2019 JUN-2019 JUL-2019 2020 KRUSOVICE LOCAL BREW LAUNCH LOCAL LIGHT BEER KAYAKI LAUNCH AMSTEL LOCAL BREW LAUNCH HEINEKEN LOCAL BREW LAUNCHED NEW EXPORT MARKETS TAPPED IN CIS AND CHINA აისი ICY GBG launched its first local mainstream brand ICY GBG sold 2,500 HL BL in 2020 - strengthening its position in premium segment Currently GBG is exporting CSD to 10 countries, increasing export volume 2.4x within a year After acquisition GBG gained additional market share of 8.6% from Kazbegi GBG diversified Upper mainstream segment by launching Heineken licensed brand Krusovice Kayaki became the only local Upper mainstream brand on Georgian beer market After one year of Krusovice launch, GBG increased its footprint in Upper mainstream segment by 2.5% GBG increased market share of Heineken from 2.4% in 2018 to 3.7% in 2020 with local production launch. Licensed Heineken increased GBG market share in premium segment by 22% GBG is focused on export sales. Company works to establish strong parentship with Ukraine, Russia, Azerbaijan, Kazakhstan, Moldova and China CSD Carbonated soft drink 97

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