Georgia Capital Shareholder and Market Opportunity Overview slide image

Georgia Capital Shareholder and Market Opportunity Overview

NAV STATEMENT | 1Q21 1.Value 2a. 3.Operating GEL thousands unless otherwise noted 31-Dec-20 2b. Buybacks Creation Investments 2c. Dividends Expenses 4. Liquidity Management/ FX / Other Share in total 31-Mar-21 Change % portfolio (%) Listed Portfolio Companies BOG' 531,558 (26,452) 505,106 -5.0% 17.3% Listed Portfolio Value 531,558 (26,452) 505,106 -5.0% 17.3% Listed Portfolio value change % -5.0% 0.0% 0.0% 0.0% 0.0% 0.0% -5.0% Private Portfolio Companies Large portfolio companies 1,858,237 11,312 1,160 1,870,709 0.7% 64.0% Healthcare Services Retail (Pharmacy) Water Utility 571,656 33,428 605,084 5.8% 20.7% 552,745 (17,159) 535,586 -3.1% 18.3% 471,148 (15,005) 737 456,880 -3.0% 15.6% Insurance 262,688 10,048 423 273,159 4.0% 9.4% P&C Insurance 197,806 6,389 423 204,618 3.4% 7.0% Healthcare Insurance 64,882 3,659 68,541 5.6% 2.4% Investment stage companies 302,964 3,063 8,050 Renewable energy 209,902 (701) 1,660 (4,738) (4,738) 378 309,717 2.2% 10.6% 378 206,501 -1.6% 7.1% Education 93,062 3,764 6,390 103,216 10.9% 3.5% Others 214,929 20,613 150 498 236,190 9.9% 8.1% Private Portfolio Value 2,376,130 34,988 8,200 (4,738) 2,036 2,416,616 1.7% 82.7% Private Portfolio value change % 1.5% 0.3% 0.0% -0.2% 0.0% 0.1% 1.7% Total Portfolio Value 2,907,688 8,536 8,200 (4,738) Total Portfolio value change % 0.3% 0.3% 0.0% -0.2% 0.0% 2,036 0.1% 2,921,722 0.5% 100.0% 0.5% Net Debt (697,999) (8,200) (1,712) (5,406) (51,502) (760,081) 8.9% 4,738 of which, Cash and liquid funds 175,289 (8,200) (1,712) 4,738 (5,406) of which, Loans issued 108,983 174,652 19,044 339,361 93.6% 128,027 17.5% of which, Gross Debt (982,271) Net other assets/ (liabilities) 2,603 (3,467) Share based compensation (3,467) Net Asset Value 2,212,292 8,536 (1,712) (8,873) NAV change % 0.4% 0.0% -0.1% 0.0% -0.4% Shares outstanding 45,977,247 (66,709) (245,198) 5,314 3,467 (44,152) -2.0% 369,425 (1,227,469) 25.0% 4,450 71.0% 0.0% 2,166,091 -2.1% 46,279,963 -2.1% 0.7% Net Asset Value per share 0.18 (0.00) 0.03 (0.00) (0.20) (1.33) -2.7% 48.12 NAV per share change % 0.4% 0.0% 0.1% 0.0% -0.4% -2.8% 46.80 -2.7% Georgia Capital PLC | 1. Number of shares owned in BoG was 9,784,716 as of 31 March 2021. GEORGIA CAPITAL 89
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