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Renewable Energy Business Overview

MULTIPLE OF INVESTED CAPITAL (MOIC) | 30-SEP-2021 GEL million Gross Investment Sell down Dividends Fair Value MOIC Realized MOIC (1) (2) (3) (4) (2+3+4)/(1) (2+3)/(1) Listed Investments Bank of Georgia Group PLC Private large portfolio companies 129 287 134 642 8.2x 3.3x 129 287 134 642 8.2x 3.3x 618 131 177 2,245 4.1x 0.5x GHG1 390 131 29 Water Utility 217 97 P&C Insurance 11 51 Private investment stage portfolio companies 218 19 Renewable Energy 149 22522 1,409 4.0x 0.4x 620 3.3x 0.4x 216 25.1x 4.8x 337 1.6x 0.1x 19 209 1.5x 0.1x Education 69 127 1.8x Other Total 589 - 260 246 0.9x 0.4x 1,554 418 590 3,469 2.9x 0.6x Georgia Capital PLC | 1. GHG comprises three businesses: Healthcare Services, Retail (pharmacy) and Medical Insurance. GEORGIA CAPITAL 93
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