Investor Presentaiton

Net remittances Diversified sources of capital inflow FDI inflows US$ mln 2,500 Number of tourists US$530.0 mln in 9M15, up 4.8% 5.0mln visitors in 10M15, up 6.8% 25% 6,000 2,015 2,000 15.3% 19.8% 1,564 1,500 12.2% 9.7% 1,190 8.5% 1,000 7.0% 499 500 340 450 1,787 20% 5,000 5.392 5,493 4,428 4,000 15% 1,117 10.8% 2,820 911 942 3,000 814 658 7.7% 10% 2,032 7.0% 6.1% 5.8% 5.8% 2,000 1,500 1,290 1,426 1,494 5% 1,052 1,155 763 1,000 313 368 0 17 29 560 73 741 460 146 208 243 294 0% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 0 2013 2014E 2003 FDI inflows FDI as % of GDP Sources: Geostat 2004 2005 2006 2007 2008 2009 2010 2011 ■Foreign visitors (thousands persons) ■Net tourist revenue (mln USD) Sources: Georgian National Tourism Agency, National Bank of Georgia 2012 2013 2014E US$802.9 mln in 9M15, down 26.8% US$ bln 600 1,400 8.2% 8.1% 8.2% 7.4% 7.7% 9% 7.6% 500 7.2% 7.1% 8% 1,200 1.322 1,226 1.263 7% 400 1,000 5.4% 1.168 4.9% 6% 800 4.2% 918 949 5% 300 600 755 767 4% 200 3% 400 420 2% 100 200 213 1% 0 0% 0 2009 2010 2011 2012 2013 2014 2004 2005 2006 2007 2008 Net remittances Net remittances as % of GDP Source: National Bank of Georgia Holding company of BANK OF GEORGIA BGEO www.bgeo.com November 2015 GROUP 2003 2004 2005 Public donor funding US$ mln 2006 124 121 148 182 382 92 259 302 57 252 89 79 94 ■Investment projects, credits, US$ mn ■Investment projects, grants, US$ mn 2007 2008 2009 2010 2011 2012 2013 56 144 87 273 287 383 2014 2015F page 58

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