3Q23 & 9M23 Performance Overview

REAL GDP UP BY 6.8% IN 9M23, WHILE INFLATION HAS FALLEN BELOW THE TARGET PRELIMINARY ECONOMIC GROWTH STANDS AT 6.8% Y-O-Y IN 9M23, FOLLOWING TWO YEARS OF DOUBLE-DIGIT EXPANSION (10.5% AND 10.1% IN 2021-2022, RESPECTIVELY) ANNUAL INFLATION STANDING BELOW THE 3% TARGET SINCE APRIL 2023, WITH SEPTEMBER 2023 INFLATION PRINTED AT 0.7% 12% 10% 8% 6% 4% 2% 0% -2% -4% -6% -8% 14% 10.5% 10.1% 7.4% 6.4% 4.4% 3.6% 4.8% 4.8% 5.0% 12% 6.8% 10% 5.1% 8% kan li 3.0% 2.9% 6% 2011 2012 2013 2014 2015 2016 2017 2018 2019 *Preliminary estimate **Average of IMF forecast for 2024-2028 Georgia Capital PLC | Source: Geostat, IMF, WEO (October 2023) -6.8% 2020 2021 2022 9M23* 2024-2028** 4.0% 4% 3.1% 2% 6.0% 5.2% 4.9% 2.6% 2.2% 9.6% 11.9% 0.7% 0% -0.5% -2% 2013 2014 2015 2016 2017 2018 Headline Inflation 2019 2020 - Target 2021 2022 Sep-23 GEORGIA CAPITAL 75 75

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