1Q23 Performance Overview

Private large portfolio companies EXTERNALLY VALUED P&C INSURANCE BUSINESS OVERVIEW Distribution Mix (GPW %) | 1Q23 Partnerships with Financial Institutions 40% MTPL Channel 4% Operating Metrics 1Q23 Number of policies written 29,829 (corporate) Change (y-o-y) 30.1% Number of policies written (retail) 42,327 Change (y-o-y) 20.3% Number of claims reported Change (y-o-y) 4,029 11.9% COMBINED RATIO +3.1ppts GEORGIA CAPITAL 77.5% 82.1% 81.5% 80.8% 85.6% 82.5% 79.7% 73.9% 75.2% 72.6% 75.4% Direct Sales & Brokers 41.6% 35.6% 42.8% 35.4% 40.0% 38.2% 44.0% 48.4% 48.9% 46.2% 51.2% 56% 38.3% 34.7% 37.2% 35.2% 37.3% 40.6% 37.6% 32.4% 33.5% 33.6% 34.4% 2014 2015 2016 2017 2018 2019 2020 2021 2022 1Q22 1Q23 Expense Ratio Loss Ratio - Combined Ratio PROFIT & DIVIDEND PAYOUT RATIO 28% 37% 37% 38% 34% 30% 25% 25% 30% 23% 26% CAGR 14% 18 18 18 16 14 17 88% 81% 7 11 64% 68% 61% 55% 51% 21 21 +22.1% 4.0 4.8 2014 2015 2016 2017 20181 2019 Profit 2020 20211 Dividend Payout Ratio 2022 1Q22 1Q23 Georgia Capital PLC | General note: ROAE is calculated based on net income, adjusted for non-recurring items and average equity, adjusted for preferred shares. 1. Adjusted for non-recurring items. 59

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