3Q23 & 9M23 Performance Overview

NET CAPITAL COMMITMENT (NCC) OVERVIEW NCC RATIO IMPROVED BY 8.5 PPTS Y-O-Y AND 1.5 PPTS Q-O-Q TO 15.9% AS AT 30-SEP-23 A 1.5 ppts decrease in the NCC ratio in 3Q23 reflects: US$ Million Cash and liquid funds Loans issued Accrued dividend income Gross debt Net debt (1) Guarantees issued (2) • A 50.5% decrease in gross debt. • A 1.2% increase in the portfolio value. • • A 50.2% decrease in loans issued balance due to the full repayment of the previously issued loan to our auto services business. A US$ 1.6 million decrease in GCAP's bank guarantee on the borrowings of the beer business, following which the guarantees issued balance was reduced to zero. GEORGIA CAPITAL 30-Sep-22 Change (y-o-y) 30-Jun-23 Change (q-o-q) Now 30-Sep-23 133.9 -72.0% 153.2 89.3 -96.3% 6.7 NMF (362.9) -58.5% 20.2 (304.2) -50.5% -75.5% -50.2% NMF 37.5 3.3 (150.6) (139.7) (6.2) -21.4% NMF (124.1) -11.5% (109.8) Net debt and guarantees issued (3)=(1)+(2) (145.9) -24.7% Planned investments (4) (52.6) -10.1% (1.6) (125.7) -12.6% (47.3) NMF (109.8) (47.3) of which, planned investments in Renewable Energy (30.1) -3.3% (29.1) (29.1) of which, planned investments in Education (22.6) -19.0% (18.3) (18.3) Announced Buybacks (5) Contingency/liquidity buffer (6) (50.0) (50.0) (50.0) Total planned investments, announced buybacks and contingency/liquidity buffer (7)=(4)+(5)+(6) (102.6) -5.2% (97.3) (97.3) Net capital commitment (3)+(7) (248.6) -16.6% (223.1) -7.1% (207.2) Portfolio value¹ 1,017.6 27.7% 1,283.8 1.2% 1,299.0 NCC ratio 24.4% -8.5 ppts 17.4% -1.5 ppts 15.9% Georgia Capital PLC | 1. Portfolio value as at 30-Sep-22 includes US$ 10 million shareholder loan provided to Renewable Energy, which was converted into equity in 4Q22. 15

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