Retail Banking Financial Update

GEORGIA AT A GLANCE GENERAL FACTS ■ ■ ■ Area: 69,700 sq. km Population (2019): 3.7 million Life expectancy: 74 years Official language: Georgian Literacy: 100% Hamburg Herdam Dusseldorf Leipzig o GERMANY Penza POLAND BELARUS Orel Frankfurt UKRAINE CZECH REP SLOVAKIA Munich AUSTRIA MOLDOVA LIECHTENSTEIN WICZERLAND HUNGARY SLOVENIA Milan Turin ROMANIA BOSNIA Genoa CROATIA HERZEG MONA ce SAN MARNO YUGOSLAVIA BULGARIA Black Sea CAN ALANIA MACEDONIA Nop ICALY Salon Polerr KAZA oElista Nalčik Grozny Machat GEORGIA ARMENIA AZERBAJA TURKEY AZER Capital: Tbilisi Currency (code): Lari (GEL) • ECONOMY Nominal GDP (Geostat) 2020E: GEL 49.2bln (US$ 15.8bln) Real GDP growth rate 2016-2020E: 2.9%, 4.8%, 4.8%, 5.0%, -6.1% Real GDP 2011-2019 annual average growth rate: 4.7% GDP per capita 2020E (PPP): US$ 14,615 Annual inflation (EOP) 2020: 2.4% External public debt to GDP 2020E: 47.7% SOVEREIGN CREDIT RATINGS Outlook Agency Rating Affirmed MOODY'S Ba2 Stable August 2020 Fitch Ratings BB Negative February 2021 S&P Global BB Stable August 2020 42

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