Tracking Georgia's Economic Recovery

RESILIENT LOAN PORTFOLIO QUALITY 25 EXPECTED CREDIT LOSS NPL COMPOSITION 3.5% NPL 92.7% 90.5% 80.9% 76.8% 3.0% 2.9% coverage 3.8% 3.3% 3.8% 2.1% 531 1.7% 22 301 318 408 253 265 49 27 279 288 159 204 185 18 244 133 68 114 Dec-17 Dec-18 Dec-19 Sep-20 Dec-17 Dec-18 Dec-19 Allowance for ECL, GEL mln Allowance for ECL as % of gross loans. INPLs RB, GEL mln INPLs Other, GEL mln Sep-20 NPLS CIB, GEL mln NPLs to gross loans COST OF CREDIT RISK -70bps +130bps 2.4% 2.2% 1.6% 0.9% 1.1% 1.1% 2017 2018 2019 9M19 9M20 Cost of credit risk ratio normalised* * Normalised cost of credit risk - 1.2% for RB and 0.8% for CIB Cost of credit risk ratio GEL millions COST OF RISK -32.8% INCREASE IN 9M20 DUE TO COVID-19 167 160 108 93 263 2017 2018 2019 9M19 9M20

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