Investor Presentaiton

GROWING AND WELL-CAPITALISED BANKING SECTOR SUMMARY Prudent regulation and oversight ensuring financial stability Strong resilience towards both domestic and external shocks without single bank going bankrupt No nationalisation of banks and no government ownership since 1994 Source: National Bank of Georgia, Geostat BANKING SECTOR LOANS TO GDP, 2020 Czech Rep. Bosnia & Herz. Russia Croatia Estonia Slovakia Armenia Israel Brazil Turkey Georgia Greece Malta Austria Portugal Source: World Bank, NBG 53.6% 54.6% 60.0% 61.1% 64.0% 67.6% 69.0% 69.4% 70.2% 70.9% 77.4% 81.8% 83.6% 93.9% 100.0% BANKING SECTOR ASSETS, LOANS AND DEPOSITS 2003 。៩៩ ៩៦៦ 8 30 20 60 24.7% CAGR Assets, GEL bn ■Loans, GEL bn Deposits, GEL bn Source: NBG 56.9 38.2 34.6 0.8% NON-PERFORMING LOANS, LATEST 2021 Hungary Georgia Source: IMF 2.2% Czech Rep. Latvia Poland Turkey 2.9% 3.2% 3.5% 3.6% Romania 3.8% Belarus Bulgaria Bosnia & Herz. Armenia 5.0% 5.4% 5.7% 6.6% Croatia 6.9% Russia 8.1% 55

View entire presentation