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Investor Presentaiton

GEL mln Beverages business BEVERAGE BUSINESS SALES & PROFITABILITY DYNAMICS DOUBLING REVENUE OVER 2 YEARS Consolidated Revenue 34.8% CAGR 138.5 124.7 76.2 26.7% 68.7 54.3 2018 2019 2020 H1 2020 H1 2021 GEL mln SOLID CONSECUTIVE EBITDA GROWTH Total EBITDA 2.4 16.4 2.3 3.4x GEORGIA CAPITAL 7.8 (6.4) 2018 2019 2020 H1 2020 H1 2021 STRONG MARGIN RECOVERY IN 1H2021 +20.3ppts 12% 11% 2% 4% -0.3ppts 38% 36% 38% 39% 33% -8% EBITDA % Gross Profit % 2018 2019 2020 TH1 2020 E H1 2021 Georgia Capital PLC | Note: Consolidated Revenue accounts for group eliminations. 122
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