Bank of Georgia Financial Snapshot and Loan Portfolio Quality

4.0 3.0 2.0 1.0 0.0 1Q14 Growing international reserves cushion the economy against external shocks Gross international reserves above US$ 5.0 bn as at end of June 2023 ■Gross international reserves in US$ bn, end of period The NBG keeps purchasing hard currency amid strong external inflows -3 months of goods and services imports (previous 4-quarter average) 6.0 6.0 Reserve 2019 2020 2021 2022 adequacy 5.07 ARA metric* 94.3% 100.2% 99.6% 103.9% Net FX purchases by NBG, US$ m 2020 2021 2022 1H23 -916 -355 565 1,058 5.0 5.0 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 Source: IMF, NBG, BOG * A ratio between 100%-150% is considered adequate 4.0 3.0 2.0 1.0 -140 -160 -80 O 120 Source: NBG ៦ ■Central bank's interventions, net purchase in US$ m 243 09- 07■ 06 O 0 O 135 ■ 30 4Q16 -140 1Q17 2Q17 BQ17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 -73 -100 -121 -20 ■ 3Q20 -265 4Q20 -430 1Q21 -164 2Q21 -93 3Q21 4Q21 77- 776- -26 ■ ☐ 58 232 301 461 598

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