Investor Presentaiton

0 117 500 1000 Sources: GeoStat 30 0.9 1450 27.2 27.2 26.7 26.4 0.8 23.0 21.9 21.7 21.9 22.1 25 21.6 0.7 20.4 19.2 17.6 18.3 18.3 20 0.6 1300 17.0 0.5 15 0.4 0.3 1150 10 0.2 5 0.1 0 1000 0 2013 2014 2015 2016 2017 2018 2000 13% 13% 10% 8% 8% 1500 11% 6% 4% 4% 4% || 17 III 17 IV 17 | 18 2019 Employed Unemployment % Average monthly nominal earnings in business sector Sources: GeoStat Wages, total Growth rate (RHS) 18% 20% II 18 III 18 IV 18 119 II 19 61 III IV 19 1 20 -5% II 20 III 20 IV 20 121 11% 7% 7% II 21 120 11 20 SIGN OF RECOVERY IN WAGES WHILE EMPLOYMENT LAGS BEHIND Unemployment rate up to 22.1% in 2Q21 UNDP Human Development Index Sources: UNDP GEORGIA CAPITAL III 20 IV 20 121 || 21 2000 2001 2002 2003 2004 0.67 0.68 0.68 0.69 0.70 0.71 0.72 0.73 0.73 0.73 0.74 0.74 0.75 0.76 0.77 0.77 0.78 0.78 0.79 0.81 2005 2006 2007 Labour force decomposition Sources: GeoStat Number of hired workers increased by 49k q-o-q while the number of unemployed rose by 27k q-o-q, as the labour force grew by 112k q-o- 15% 1,604 1,625 1,655 1,627 1,629 1,676 1,654 1,641 1,605 1,573 1,545 1,515 1,529 1,506 1,559 1,447 10% 367 436 442 442 430 374 359 354 309 277 283 277 260 308 345 5% 317 5% 446 434 417 392 398 371 453 398 423 392 382 445 1% 455 452 449 346 0% 1% -5% 710 724 759 739 795 855 854 869 903 898 891 361 840 845 805 783 832 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 -10% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 120 II 20 III 20 IV 20 121 II 21 | Hired Self-employed Unemployed ■Not-identified worker 80

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