Investor Presentaiton

Beverages business BEVERAGE BUSINESS BALANCE SHEET BALANACE SHEET CAGR GEL thousands; unless otherwise noted Jun-20 Jun-21 Change Dec-18 Dec-19 Dec-20 '18-20 Cash and cash equivalents 14,785 15,143 2.4% 9,953 9,367 13,557 16.7% Amounts due from financial institutions 170 NMF 136 153 8 -75.7% Accounts Receivable 23,952 24,455 2.1% 16,260 23,643 26,485 27.6% Prepayments & Other Assets 6,760 9,674 43.1% 6,284 8,044 5,471 -6.7% Inventory 43,077 51,320 19.1% 30,043 44,988 44,306 21.4% Intangible Assets, Net 7,954 8,019 0.8% 2,094 10,121 8,007 95.5% Goodwill 13,639 13,639 NMF 8,198 15,865 13,639 29.0% Property and Equipment, Net 130,492 123,875 -5.1% 130,980 129,976 125,414 -2.1% Total Assets 240,829 246,125 2.2% 203,948 242,157 236,887 7.8% Accounts Payable 20,366 25,171 23.6% 18,021 19,729 18,659 1.8% Borrowings 150,589 166,067 10.3% 117,172 137,505 169,113 20.1% Other Current Liabilities 10,880 11,258 Total Liabilities 181,835 202,496 Total Equity 58,994 43,629 3.5% 11.4% -26.0% 6,728 141,921 62,027 10,606 167,840 9,015 15.8% 196,787 17.8% TOTAL LIABILITIES AND EQUITY 240,829 246,125 2.2% 203,948 74,317 242,157 40,100 236,887 -19.6% 7.8% GEORGIA CAPITAL 125

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