Investor Presentaiton

STRONG CAPITAL ADEQUACY POSITION 37 NBG'S COVID-19 RESPONSE AND CURRENT UPDATE Release of capital buffers: In April 2020, as part of its updated supervisory plan as a response to the COVID-19 pandemic, the NBG released Pillar 2 and conservation buffers, which reduced the minimum regulatory capital requirements at the time Capital distribution: During the period that banks partially or fully utilised the reduced buffers, banks have not been able to make any form of capital distribution General COVID-19-related loan loss provision: The Bank recorded c.GEL 400 million general provision (c.3.3% of the Bank's lending portfolio) under the Bank's local regulatory accounting basis in March 2020, reflecting the NBG's expectations of estimated credit losses on the Bank's lending book for the full economic cycle Subsequently, the NBG has announced a released capital buffers rebuild plan and has updated the timeline for the phase-in of additional Basel III capital requirements for the banking sector Rebuild of capital buffers: As a result of robust operating performance and strong internal capital generation, the Bank has confirmed to the NBG that since May 2021, it no longer utilises, or expects to utilise, any of the Pillar 2 or conservation buffers that were waived last year. Consequently, there is no longer any regulatory restriction for Bank of Georgia on making any capital distributions Dividends: In August 2021, the Group declared an interim dividend of GEL 1.48 per ordinary share for the period ended 30 June 2021, paid to shareholders on 5 November 2021 CAPITAL ADEQUACY RATIOS 18.1% 18.6% 19.1% 19.2% 17.4% 17.3% 17.6% 15.3% 14.4% 14.6% 13.6% 13.3% 11.5% 10.6% 12.0% 9.9% 9.9% 12.0% 12.4% 10.4% 12.8% 12.5% 11.2% 8.3% Dec-19 Mar-20 Mar-21 Jun-20 Sep-20 Dec-20 Jun-21 ■CET1 Capital Adequacy Ratio ■Tier I Capital Adequacy Ratio Total Capital Adequacy Ratio Sep-21 MINIMUM REGULATORY REQUIREMENTS 17.7% 17.1% 17.3% 13.3% 13.3% 13.3% 13.8% 13.8% 13.4% 13.2% 12.2% 11.1% 11.0% 10.1% 6.9% 8.7% 8.7% 8.7% 6.9% 6.9% 9.8% 9.2% 7.4% 7.8% Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 ■CET1 Capital Adequacy Ratio Total Capital Adequacy Ratio Tier I Capital Adequacy Ratio

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