Investor Presentaiton

• NUMBER OF SHARES OUTSTANDING DEVELOPMENT HISTORY US$45 million share buyback programme, commenced in Jun-18, In 3Q20, 7.7m shares were issued for GHG share exchange was completed in Aug-19 In Jun-Aug 2019, 2.7m shares were cancelled In Dec-19, 3.4m shares were issued for GHG share exchange +21.1% 3.3 million shares were bought 38.68 38.31 38.09 38.05 back, of which 2.7 million shares were cancelled 35.96 +7.2% 37.81 37.44 37.69 34.93 From 1 August 2019 through 1st quarter of 2020, CGEO shares of up to US$ 20 million were repurchased for the management trust million Decrease by 9.7% over the period GEORGIA CAPITAL 45.77 45.98 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 # of shares outstanding 91

View entire presentation