Investor Presentaiton

Robust bottom-line growth and profitability Profit (adjusted)* +0.8% -8.1% ROE* +21.4% 1,132 1,375 387 357 326 301 329 33.7% 27.9% 34.6% All currency data are in GEL m unless otherwise stated 30.7% 26.7% 32.4% 29.9% 4Q22 1Q23 2Q23 3Q23 4Q23 FY22 FY23 4Q22 1Q23 2Q23 3Q23 4Q23 FY22 FY23 Profit (reported) 638 -3.2% ROA* -48.2% -7.6% 5.6% 1,444 4.7% 4.8% 4.7% 1,397 4.4% 4.2% 4.4% 409 357 301 330 4Q22 1Q23 2Q23 3Q23 4Q23 FY22 FY23 4Q22 1Q23 2Q23 3Q23 4Q23 FY22 FY23 * Due to the settlement of a legacy claim, the fair value revaluation of the receivable resulted in a one-off other income of GEL 21.1 million posted in 2Q23, 1.5 million posted in 4Q23, totalling GEL 22.6 million posted in FY23. Net other income was adjusted for these one-offs. Due to the settlement of the same legacy claim, 4Q22 and FY22 net other income was adjusted for a one-off GEL 391.1 million. 4Q22 and FY22 income tax expense was also adjusted for a one-off GEL 79.3 income tax expense due to an amendment to the corporate taxation model in Georgia. As a result, profit, ROAA and ROAE were adjusted for both one-off other income and one-off income tax expense where applicable. 33

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