Investor Presentaiton

Wine business TELIANI VALLEY VINEYARDS BY GRAPE VARIETIES & PDO TELIANI OWNS VINEYARDS OF GRAPE VARIETIES AND PDOS WITH GROWING POPULARITY ON EXPORT 76% OF TELIANI'S VINEYARD STOCK IS SAPERAVI INCL. 265HA KINDZMARAULI PDO GEORGIA CAPITAL SHARE OF SAPERAVI (INCL. KINDZMARAULI) WINE EXPORT FROM GEORGIA GREW FROM 51% IN 2012 TO 68% IN 2019 Avg. age Avg. yield 22% 18 16 14 19 16 16 23% 19% 21% 19% 17% 13% 11% 3% 3% 2% 4% 2% -2% 2% 2% 17% 18% 6.9 6.1 7.0 10.0 10.2 8.2 19% 17% 17% 17% Vineyard area, ha 23% 21% 9% 9% Total Saperavi area - - 470ha 8% 8% 8% 9% Total 6% 8% 18% 17% 19% 20% 22% 22% Saperavi 10% 14% 265 export - 166 39 68% 63 69 35% 43 47 32% 34% 35% 35% 35% 36% 37% PDO Saperavi Saperavi non- Saperavi PDO Rkatsiteli Kindzmarauli Mtsvane Other 2012 2013 2014 2015 2016 2017 2018 2019 PDO ■Saperavi non-PDO Rkatsiteli ■Saperavi - Kindzmarauli PDO Saperavi PDO Khvanchkara Other 76% of total Teliani's vineyard stock is Saperavi grape which is in line with the export demand on Georgian wines 43% of Teliani vineyards is located in Kindzmarauli PDO, one of the most popular wine varieties on local and export markets - 22% of 2019 exports Demand for Saperavi and Kindzmarauli wine is growing, increasing its share in total wine export mix by 17ppts in last 7 years PDO Protected Designations of Origin 85 Source: Georgian Wine Agency

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