Investor Presentaiton

Beer business GBG SALES BREAKDOWN GBG IS WELL DIVERSIFIED ACROSS LOCAL SALES CHANNELS, WITH FOCUS ON HORECA AND TRADITIONAL TRADE GBG local portfolio mix Market mix vs GBG GBG GEORGIA CAPITAL GBG IS FOCUSED ON GROWING SALES OF HIGH GROSS PROFIT MARGIN PACKAGING TYPES - KEG AND SINGLE SERVE GBG local portfolio mix Market mix vs GBG GBG 239 239 215 215 22% 44% 31% 19% 30% 55% 137 34% 22% 137 29% 2020 16% 28% 27% 113 115 33% 29% 31% 20% 42% 2020 20% 60% 17% 32% 28% 17% 18% 52% 44% 23% 34% 67% Market 34% 42% 40% Market 27% 50% 45% 38% 2018 2019 2020 Traditional trade HoReCa & Draught shops Large retail chains 2018 2019 2020 H1 2020 H1 2021 PET KEG Single serve Source: Revenue Services Georgia; Management estimates GBG has increased share of premium, high GP margin, HoReCa & Draught shops in its portfolio from 17% in 2018 to 34% in 2020 vs. market average of 17% - 62% of GBG sales in 1H 2021 are KEG and single serve packaging types – highest margin products with 50%+ GP margins PET-plastic packaging 99 99

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