Renewable Energy Business Overview

NEW PRIORITY #1 ANNOUNCED ON 2020 INVESTOR DAY: REALIZING VALUE OF ONE LARGE INVESTMENT GEORGIA CAPITAL We believe realizing value of one of our large investments will help to validate the value of our portfolio and to reduce discount to NAV Therefore, we will be targeting to complete a trade sale of one of our large businesses III Realizing value of one large investment Reduce NAV discount GCAP WILL COMPLETE THE FULL CYCLE OF ITS STRATEGY (INVEST, GROW, MONETISE), FOLLOWING THE SALE OF A LARGE PORTFOLIO COMPANY Starting from 2020, we are institutionilising exit process from our portfolio companies. Trade sale of one large investment over the next 18-24 months (from November 2020) NEW TARGET 20

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