3Q20 Financial Performance

US$ millions WELL-ESTABLISHED FUNDING STRUCTURE | SEP-20 INTEREST BEARING LIABILITIES Interest Bearing Liabilities GEL 18.4bln Borrowin gs 12.6% Debt securities issued 8.9% Other amounts owed to CI 7.9% Client deposits & notes 70.7% Current accounts & demand deposits, 43.7% Time deposits, 56.3% BORROWED FUNDS MATURITY BREAKDOWN* 422 1.7% 6.6% 2.1% 0.3% 2.0% 0.6% 0.1% 339 0.7% 0.0% 0.0% 133 90 108 83 9 127 20 40 48 43 2020 2021 2022 2023 2024 2025 2026 2027 Subordinated Loans Senior Loans converted at GEL/US$ exchange rate of 3.2878 at 30 September 2020 2028 2029 Eurobonds % of Total assets 30 WELL DIVERSIFIED INTERNATIONAL BORROWINGS S European Bank for Reconstruction and Development ADB IFC LEFSE FMO EUROPEAN FUND FOR SOUTHEAST EUROPE Black Sea Trade & Other debt Others securities, borrowings, GEL 256mln, 6.5% GEL 502min, 12.7% Eurobonds, GEL 1,372mln, 34.9% DFIs, GEL 1,808mln, 45.9% Finance for Development Development Bank STRONG FUNDING PIPELINE c.GEL 463 million undrawn long-term loan facilities from DFIs at 30 September 2020 with up to seven years of maturity Liquidity and funding positions remain strong, following repayment of GEL 500 million local currency bonds in June 2020 Liquidity management: US$19.3 million Eurobonds due 2023 repurchased since July 2020

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