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SUMMARY GROWING AND WELL-CAPITALISED BANKING SECTOR Prudent regulation and oversight ensuring financial stability Strong resilience to both domestic and external shocks, without a single bank going bankrupt No nationalisation of banks and no government ownership since 1994 Source: National Bank of Georgia, Geostat BANKING SECTOR LOANS TO GDP, 2020 Source: World Bank, NBG Czech Rep. 53.2% Bosnia & Herz. Croatia 54.2% 59.8% Russia Estonia 60.0% 64.8% Slovakia Israel Armenia Brazil 67.2% 68.6% 69.1% 70.2% Turkey 70.9% Georgia 77.6% Greece 82.1% Malta Austria Portugal 83.6% 93.0% 101.1% BANKING SECTOR ASSETS, LOANS AND DEPOSITS Source: NBG × 3 666 88 d 30 20 40 70 60 2003 2004 2005 2006 2007 2008 23.6% CAGR 2013 2014 2015 2016 2017 2018 2019 2020 2021 Assets, GEL bn ■Loans, GEL bn Deposits, GEL bn NON-PERFORMING LOANS, LATEST 2021 Hungary Source: IMF 0.8% Lithuania 0.9% Georgia 1.9% Czech Rep. 3.0% Latvia 3.0% Poland 3.4% Turkey 3.4% Armenia Romania Kazakhstan Bulgaria Uzbekistan Bosnia & Herz. Belarus Croatia Russia 3.4% 3.6% 4.8% 5.1% 5.5% 5.5% 5.6% 6.3% 7.5% 60.6 43.0 37.2 54

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