Investment and Growth Strategy

Private large portfolio companies EXTERNALLY VALUED GEORGIA CAPITAL RETAIL (PHARMACY) BUSINESS OVERVIEW THE BODY SHOP 9 carter's 1 Key focus areas in medium and long-term Expending retail footprint in Georgia 378 Afflebone 1 Pharmacies in total The Body Shop stores - Optics Alain Afflelou Children's apparel - Carter's > c.400 pharmacies in 5 years 368 in Georgia 10 5 2 2 in Armenia in Georgia in Armenia in Azerbaijan Country's largest retailer in terms of both, revenue and number of bills issued GHG in pharma PSP Market share by revenue, 20211 789,893 33% 681,211 28% International expansion (Armenia & Azerbaijan) › Adding new GPC stores in Armenia (currently 10) › Entering Azerbaijan market Increase sales from E-commerce > > Increase local sales from e-commerce (GEL 6.5 million in 1Q23) Launch e-commerce in Armenia & Azerbaijan Supporting the core › Expanding the mix of synergetic products and services › Add international franchises on different beauty and other retail products Aversi Other 503,334 428,177 21% 18% Our retail pharmacy operates under two pharmacy brands, each with a distinct positioning: > GPC for the high-end customer segment > Pharmadepot for the mass retail segment Georgia Capital PLC | 1. GHG internal reporting. Next 5-year targets ■ Double digit revenue & EBITDA CAGR 9%+ EBITDA margin 50 50

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