Investor Presentaiton

Full lockdown 30% 20% 10% 0% 8.6% 9.5% -10% -20% -30% -40% -50% 17.8% Jan-20 Feb-20 Mar-20 -9.0% -42.3% Apr-20 May-20 -9.6% Jan-20 Feb-20 Mar-20 Georgia Capital PLC | Source: Geostat, NBG. Apr-20 Jun-20 Jul-20 O-Remittances, y/y Aug-20 Sep-20 Oct-20 15% 13.3% Full lockdown 5% -7.5% 8.6% -5% -0.9% -13.7% -2.2% -15% -28.5% -25% -15.3% -13.4% -17.7% -23.4% -35% -31.3% -45% Exports, y/y -Imports, y/y May-20 Jun-20 Jul-20 Aug-20 Sep-20 Nov-20 Dec-20 MACROECONOMIC FAST INDICATORS IN 2020 RECORD HIGH REMITTANCES AND DIVERSIFYING EXPORT MARKETS SUPPORTING RECOVERY GEORGIA CAPITAL REAL GDP GROWTH RECOVERY DYNAMICS Partial lockdown Full lockdown Partial lockdown 15% 28.7% 5% 25.8% 22.1% 18.6% 15.9% 5.1% 2.2% 12.5% -5% -2:7% -15% -0.7% -5.5% -5.3% -3.9% -7.7% -7.7% -7.9% 13.5% 16.6% -25% -35% Jan-20 Feb-20 Mar-20 Partial lockdown Oct-20 Nov-20 Dec-20 ECONOMY WAS SUPPORTED BY $ UNPRECEDENTED STIMULUS AROUND THE GLOBE STRONG INTERNATIONAL SUPPORT SIZEABLE FISCAL PACK SOUND MONETARY POLICY FRAMEWORK RECORD HIGH REMITTANCES DIVERSIFYING EXPORT MARKETS Apr-20 May-20 Jun-20 -Real GDP, y/y Jul-20 Aug-20 Sep-20 VAT Turnover, y/y Oct-20 Nov-20 Dec-20 4

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