Investor Presentaiton

Private large portfolio companies EXTERNALLY VALUED HOSPITALS BUSINESS OVERVIEW (CONT'D) CASH FLOW HIGHLIGHTS1 4Q23 FY23 Operating cash flow GEL (3.7)m GEL 10.6m Average length of stay Change y-o-y NMF -66.5% EBITDA to cash conversion -46.8% 23.0% Change y-o-y NMF -32.9 ppts Free cash flow GEL (17.2)m GEL (35.1)m Change y-o-y NMF NMF 7 Number of large and specialty hospitals 27 Number of regional and community hospitals 51 Emergency cars In Tbilisi and regions GEL million BED OCCUPANCY RATE - LARGE AND SPECIALTY HOSPITALS 5.1 55.5% -2.0ppts 4.9 5.0 55.8% 53.5% 2022 2023 NET REVENUE Gross profit margin (%) 36.0% 32.8% 38.7% 28.9% 313.4 +0.1% 313.7 78.7 -1.4% 77.6 2022 2023 4Q22 4Q23 Georgia Capital PLC | 1.Excluding IFRS 16 impact. GEL million -1.2ppts 4.7 54.6% 4Q22 4Q23 EBITDA² EBITDA margin (%)¹ 17.8% 14.5% 19.4% 9.9% -18.7% -49.0% 56.8 46.1 15.5 7.9 2022 2023 4Q22 4Q23 GEORGIA CAPITAL 62 52

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