Investor Presentaiton

OVERVIEW OF SME SECTOR IN ARMENIA Λ Turnover per Regions Turnover per business and per employee (per regions, Per employee 50 45 40 35 30 20 15 о 10 5 million) Armavir Yerevan H In 2017 turnover amounted to AMD 3.5T (AMD 58.8M PER SME or AMD 20.8 M PER EMPLOYEE on average) Yerevan has a considerable share in total turnover, which is due to the number of enterprises. In 2017 GVA generated by considered SMEs MADE 39.2% OF THE TURNOVER. 0 100 Per SME 200 9

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