Investor Presentaiton

Thousands Private large portfolio companies EXTERNALLY VALUED MEDICAL INSURANCE BUSINESS OVERVIEW (CONT'D) NUMBER OF INSURED & RENEWAL RATE REVENUE (NET INSURANCE PREMIUMS EARNED) Retention rate within the Group1 (%) 19.2% 23.3% 34.7% 39.4% 37.4% 37.3% 34.8% 33.9% 40.5% 35.5% 75.1% 76.9% 77.5% 78.8% 78.2% 73.4% 73.4% 400 69.7% 71.0% 72.6% 300 234 236 211 174 174 200 155 157 168 174 168 100 GEL million 90 75.4 69.5 61.5 58.6 60 53.7 55.1 60 30 +5.1% GEORGIA CAPITAL 54.1 51.5 +11.7% 16.9 18.9 0 0 2015 2016 2017 2018 2019 2020 3Q20 3Q21 9M20 9M21 2015 2016 2017 2018 2019 2020 3Q20 3Q21 9M20 9M21 Number of Insured, thousands Renewal Rate COMBINED RATIO +2.4ppts +5.1ppts 104.7% 102.5% 96.7% 94.0% 96.1% 96.4% 90.6% 89.3% 91.7% 91.4% 84.1% 78.7% 84.2% 77.3% 81.4% 73.0% 74.9% 74.5% 73.9% 78.7% 18.0% 20.6% 18.3% 16.8% 14.7% 17.6% 14.4% 17.2% 17.4% 17.7% 2015 2016 2017 2018 2019 2020 3Q20 3Q21 9M20 9M21 Expense ratio Loss ratio Georgia Capital PLC | 1. 2019 and 2020 numbers are adjusted to exclude HTMC hospital. GEL million NET PROFIT -22.7% 6.4 +19.3% 4.4 2.9 1.8 4.1 3.2 1.5 1.8 (2.6) (4.9) 2015 2016 2017 2018 2019 2020 3Q20 3Q21 9M20 9M21 60 60

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